Robotics Industry Trots To $237 Billion by 2022

According to a new report from Tractica, as of 2016, the industrial robotics segment has been surpassed in terms of revenue by emerging robot types such as consumer robots, enterprise robots, and unmanned aerial vehicles (UAVs), with autonomous vehicles poised for strong growth in the coming years, as well. Tractica forecasts that the global robotics market will grow rapidly between 2016 and 2022, with revenue from unit sales of industrial and non-industrial robots rising from $31 billion in 2016 to $237.3 billion by 2022. The market intelligence firm anticipates that most of this growth will be driven by non-industrial robots.

 

Tractica’s report, “Robotics Market Forecasts”, covers the global market for robotics, including consumer robots, enterprise robots, industrial robots, healthcare robots, military robots, UAVs, and autonomous vehicles. These categories are further segmented into 23 robot application markets. Market data within the report includes robot shipments and revenue segmented by world region, application market, and enabling technology.

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The technologies included in the attach rate analysis are machine vision, voice/speech recognition, gesture recognition, and tactile sensors. The forecast period for this report extends from 2016 through 2022. An Executive Summary of the report is available for free download on the firm’s website. For more information, visit http://www.tractica.com or call 1-303-248-3000.

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