The global market for industrial robots was sized at about 43.8 billion U.S. dollars in 2021. The market is expected to grow at a compound annual growth rate (CAGR) of around 10 percent, reaching almost 70.6 billion U.S. dollars by 2028.
How large is the robotics market?
Robotics is a fast-growing industry. A recent report from GlobalData forecasts that it will pass the $500bn mark in 2030, after a decade of double-digit annual growth. That’s an impressive figure for an industry that generated global revenue of just $45bn in 2020.
How big is the robotics industry in dollars 2019?
In 2019, the size of the market was estimated at almost 40 billion U.S. dollars, with some 2.7 million units of industrial robots in operation worldwide.
How big is the robotics industry in dollars?
Pune, India, Dec. 13, 2021 (GLOBE NEWSWIRE) — According to MarketStudyReport, global industrial robots market was worth USD 38.02 billion in 2020 and is anticipated to expand with a CAGR of 10.35% during 2021-2028, thereby accumulating USD 87.79 billion by the end of the forecast duration.
What is the biggest robotics company?
The Biggest 4 Industrial Robot Companies
- Universal Robots and the Cobot Market.
How many people is employed in the robotics industry?
The robotics industry already employes about 150,000 people worldwide in engineering and assembly jobs. The number of robotic units sold in 2020 rose to 465,000. Between 2020 and 2022, there would be a 12% increase in shipments of robots worldwide.
What is the future of robotics?
The robotics industry is expected to grow significantly over the coming years. Estimates suggest that the sector could be worth as much as $260 billion by 2030. Much of this growth will come from professional services robots that perform useful tasks for humans, such as cleaning, delivering, and transporting.
How fast are robots growing?
Robotics is a fast-growing industry. According to GlobalData forecasts, it was worth $45bn in 2020, and by 2030, it will have grown at a compound annual growth rate (CAGR) of 29% to $568bn. In a recent report on robotics, GlobalData researchers expect every segment of the robotics market to grow over the next decade.
How many robots are there in the world 2021?
According to the World Robotics 2021 Industrial Robots report, there are 3 million industrial robots operating in factories around the world, a 10% increase. Despite the global pandemic, new robot sales increased by 0.5 percent, with 384,000 units shipped globally in 2020.
Is robotics on the rise?
The Global Robotics Market was valued at USD 27.73 billion in 2020 and is expected to reach USD 74.1 billion by 2026, registering a CAGR of 17.45%, during the period of 2021-2026, curbing the COVID-19 involved utilization of various robot technologies such as cleaning and disinfection service robots.
How many robots have been sold?
Over the past decade, the global sales volume of industrial robots tripled, peaking at around 422,000 units in 2018, before declining by 12 percent to around 373,000 units in 2019.
How many people own a robot?
It was estimated that there were 14.2 million households with robotic vacuum cleaners in the United States in 2018, an increase of 1.2 million from the year before. iRobot is the market leader in North America with a share of more than 80 percent.
How big is the artificial intelligence market?
According to Verified Market Research, the Global Artificial Intelligence Market size was valued at USD 51.08 Billion in 2020 and is projected to reach USD 641.30 Billion by 2028, growing at a CAGR of 36.1% from 2021 to 2028.
What are the 5 major fields of robotics?
Understanding the 5 Primary Areas of Robotics
- Operator interface.
- Mobility or locomotion.
- Manipulators & Effectors.
- Sensing & Perception.
Who makes the robots for Amazon?
In August 2015, the company officially changed its name from Kiva Systems LLC to Amazon Robotics LLC. As of June 2019, Amazon had more than 200,000 of the robots working in their warehouses.
Who owns Blue Ocean Robotics?
Blue Ocean’s founders — Claus Risager, CEO; John Erland Østergaard, chief technology officer; and Rune K. Larsen, chief robotics Officer — still maintain the largest shareholder stake. However, the company said this new investment provides not only growth capital, but also professional expertise and connections.