Ceramic Industry News / Market Trends / Resource Management

Global Demand for Robots to Show Promising Growth through 2016

January 7, 2013
/ Print / Reprints /
ShareMore
/ Text Size+

Global demand for robots is forecast to increase nearly 11% per year through 2016 to $20.2 billion, outpacing both the world’s economy and overall manufacturing activity, according to a new study from The Freedonia Group Inc. In developed countries, which tend to have higher labor costs, robots are often used to replace human workers. In developing countries, which conversely usually have an abundance of low-cost labor, robot use is more concentrated in tasks that are difficult or dangerous for human workers. However, as wages rise in developing countries, the use of robots to replace human workers will increase, especially as advantages in end product quality and worker safety become more apparent.

The world robot market is segmented into two broad categories: industrial robots and service robots. The industrial sector has been a significant user of robots for a few decades now, while the service sector has only become significant since the middle of the first decade of the 2000s. Through 2016 and beyond, service robots will lead growth as lower costs and the increasing sophistication of robot technology and software make these products more appealing to a broader range of consumers. Professional applications will continue to dominate the service robot market, with medical robots leading gains, particularly in developed countries.

Five countries—the U.S., Japan, Germany, China, and South Korea—combined to account for 68% of the $12.3 billion global robot market in 2011, and will continue to dominate the overall market through the next decade. The U.S. will remain the largest national market, while China will become the second largest market by 2016.

For additional information, visit www.freedoniagroup.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

June 2014 Issue Highlights

Our June 2014 issue is now available!

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI October 2014 cover

2014 October

Materials advances, refractories and renewable energy - oh, my! Check out our October issue today!

Table Of Contents Subscribe

Personal Smartphones

Do you use your personal smartphone or other device to complete tasks for your job?
View Results Poll Archive

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!