Year-end ROBO-STOX® results show that robotic industrials are down 28% from their 2007 highs and did poorer than the Dow Jones Industrial Average which is also still down 8.5%. Service robotic stocks are down 15% from 2007 while the NASDAQ is down 2.5%.
Industrial robot companies represent 62% of the $9.3 billion industry revenue; service is 38% of which 75% was for military/defense.
Industrials took a big fall from their 2007 highs and have not yet recovered. A small rise in the latter part of 2010 was blown away with the Japanese disasters, Thailand floods and EU economic turmoil.
Service companies (mostly start-ups or privately held; few are publicly-traded) fall into three main sectors: medical, defense/security and a mixture of academic and consumer niche products. Medical robotic stocks are booming; defense/security stocks are holding steady; and the remainder are all over the place.