IFR Says Robots Did Well In 2010

By Frank Tobe | September 8, 2011

Industrial robot sales almost doubled compared to 2009 – to $5.7 billion – with the auto and electronics industries as the main drivers.The IFR expects China to become the world’s largest market for robots by 2014. For the first time, global sales to the electronics sector surpassed those to the auto industry.

An additional $3.6 billion service robots were sold. $3.1 bn to corporations and governments (75% of which was for security and defense). $0.5 bn for personal and domestic use (a 35% increase).

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.