The 2015 Robotics Market figures are out and they show no signs of slowing down
Sales of industrial robots in 2015 has hit a new record with 248,000 units, up by 12% from last year.
Automation seems to be an unstoppable trend across several major industries led by the automotive, the electronics and the metal, machinery domains.
Last years growth in automotive was relatively small, thanks to the weakening Chinese economy but in electronics there is still plenty of room to automate - said Gudrun Litzenberger from the IFR Statistical Department at the Automatica 2016 Fair in Munich.
The Chinese market alone is larger than the USA and Germany combined. Chinese manufacturers will continue to increase the installed robot base as relative penetration compared to the human workforce is still below worldwide average in China.
Foxconn, the biggest Chinese electronics maker alone has installed 40 thousand units in the last 4 years.
Chinese companies are continuing to make headlines. Last week Chinese home-appliances maker Midea launched a 4.5 billion-euro ($5.1 billion) bid for German industrial robot maker Kuka, the biggest German company yet to be targeted by a Chinese buyer. Today, the head of Siaosun, China’s biggest maker of industrial robots, said they are on a shopping spree in Europe.
Read more stats and trends on the IFR website.
More news from Automatica 2016 will follow here from me!
Recommend or comment below! Tweet @aurlup and follow me here, or get in touch by email at aurel.pasztor@dayonecapital.com!
