Why Service Robots Are Booming Worldwide – IFR Forecasts Sales up 12%
October 12 2017 - 10:33AM
Business Wire
Sales in service robots for professional use will increase 12
percent by the end of 2017 to a new record of 5.2 billion U.S.
dollars. And the long-term forecast is positive too, with an
expected average growth rate of 20 to 25 percent in the period 2018
- 2020. That is the latest projection from the International
Federation of Robotics (IFR).
“In terms of value, the sales forecast 2018-2020 indicates a
cumulative volume of around 27 billion U.S. dollars for the
professional service segment,” says Gudrun Litzenberger, General
Secretary of the IFR. “Robots for medical, logistics and field
services are the most significant contributors.”
At the same time, the market for personal service robots
which assist humans in their everyday lives is also progressing
rapidly; it is projected that sales of all types of robots for
domestic tasks – e.g. vacuum cleaning, lawn mowing or window
cleaning - could reach an estimated value of around 11 billion U.S.
dollars (2018-2020).
“Robots are clearly on the rise, in manufacturing and
increasingly in everyday environments,” says Martin Hägele, IFR
Service Robot Group. “The growing interest in service robotics is
partly due to the variety and number of new start-ups which
currently account for 29 percent of all robot companies.
Furthermore, large companies are increasingly investing in
robotics, often through the acquisition of start-ups.”
Service robotics market overview
European service robot manufacturers play an important role in
the global market: about 290 out of the 700 registered companies
supplying service robots come from Europe.
North America ranks second with about 240 manufacturers and Asia
third with about 130.
Robotics in professional applications has already had a
significant impact in areas such as agriculture, surgery, logistics
or public relations and is growing in economic importance. There is
a growing demand to monitor our everyday surroundings which results
in increased and difficult-to-manage workloads and data flows. To
meet this demand, robots will play an even greater role in the
maintenance, security and rescue markets.
Robotics in personal and domestic applications has
experienced strong global growth with a limited number of
mass-market products: floor cleaning robots, robo-mowers and robots
for edutainment.
Please find the full press release here:
http://bit.ly/2yhHmwq
About IFR
The International Federation of Robotics: www.ifr.org
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