Report: Robotics industry will reach $237B worldwide by 2022
Emerging robot types such as consumer robots, enterprise robots and unmanned aerial vehicles enable growth in the robotics industry.
Robots have either been part of popular culture and science fiction or have been the workhorses of industrial shop floors—that is until now.
According to “Robotics Market Forecasts,” a new report from Tractica, Boulder, Colo., the industrial robotics segment is projected to reach $237 billion in revenue worldwide by 2022 thanks to 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 anticipates most of this growth will be driven by non-industrial robots.