Dissecting the Controversy About the Robotics Industry

By Frank Tobe | April 3, 2011

From Automate 2011 in Chicago: Industrial robotic companies mostly recovered from 2009 lows. Japan is the exception and China accounts for 127% of the growth. Much of the recovery was due to the renewal of facilities for newer hybrid cars in the auto industry.

From InnoRobo 2011 in Lyon, France: The service sector didn’t go down as much as the industrial companies did — it grew steadily during the recession. But 2/3 of the growth was in defense, security and space.

Bruno Bonnell, Pres. of the French Union of Service Robotics (Syrobo) said that the service robotic market will multiply to 30 times the current rate this decade and be a $100 billion/year industry by 2020.

Much more, including economic drivers propelling this growth, here.

About The Author

Frank Tobe

Frank Tobe is the founder of The Robot Report and co-founder of ROBO Global which has developed a tracking index for the robotics industry, the ROBO Global™ Robotics & Automation Index. The index of ~90 companies in 13 sub-sectors tracks and captures the entire economic value of this global opportunity in robotics, automation and enabling technologies.