Universal Robots Eyes Industry4WRD Potential
Robotic automation key to transforming Malaysia’s manufacturing sector Industry4WRD: Promote higher adoption of Industry 4.0 related technologies Low industrial robot adoption: 45 units per 10,000 employees in 2017 Cobot benefits: productivity, quality and workers’ well-being Universal Robots (“UR”), Denmark-based collaborative robots (cobots) market leader has identified Malaysia as a key growth market in line with the country’s increased focus on automation and robotics, as outlined in its National Policy on Industry 4.0 (Industry4WRD), to transform its manufacturing sector. The manufacturing sector, comprising 98.5 percent of Malaysian SMEs[1], serves as a major contributor to the country’s economy. In 2018, the sector contributed 22.4 percent of GDP, roughly RM 325 billion[2]. Sakari Kuikka, General Manager, Southeast Asia and Oceania at UR said: “Malaysia deployed just 45 units of industrial robots per 10,000 employees in 2017, almost 50 percent below the global average of 85 units.[3] In a 2017 FMM-MIER survey, only 7.4 percent of Malaysian respondents used autonomous robots – 23.3 percent of which were SMEs.[4] We see huge potential to boost the adoption of robotic automation as the country focuses on strengthening its manufacturing sector and gearing towards becoming a developed nation,” he added. Since its entry into the Malaysian market in 2013, UR has actively expanded its distribution base. Its cobots are distributed by Bizit Systems, EPCO Precision, Multitrade Asiapac, Servo Dynamics, T.E.M. Engineering and TMS Collaboration Automation. “Malaysia ranks high in the region in terms of Industry 4.0 readiness according to global surveys[5]. However, this is not the sentiment shared by SMEs who are slow to adopt these technologies. Among the challenges they face included lack of understanding of automation benefits and low awareness on government funding to assist with tech adoption. Last year, about RM5bil was set aside by the government to help businesses embrace smart technology including automation […]