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Home Technology Big Data and Analytics

20 million robots are coming

by FutureIoT Editors
February 17, 2023
Photo by Alex Knight from Pexels: https://www.pexels.com/photo/high-angle-photo-of-robot-2599244/

Photo by Alex Knight from Pexels: https://www.pexels.com/photo/high-angle-photo-of-robot-2599244/

For the past three years, business leaders and organisations have faced an unyielding procession of challenges. As we usher in 2023, many of those challenges persist, and new ones are emerging. Yet, as unwavering as the challenges have been, technology and innovation have proven to be just as resilient.

“From among the many millions of data points ABI Research creates each year, we have focused on the most enlightening stats that will shape the year ahead. The rapid rise of robot installs is just one of the many changes on the horizon that are indicative of a more connected, technology-driven world,” Stuart Carlaw, chief research officer at ABI Research explains.

The global economy is recovering robustly, as manifested in the strong order intake in robotics in 2021, which has carried over to 2022. There have certainly been plenty of catch-up effects, including government initiatives and incentives, such as the NextGenerationEU programme from the European Union (EU).

“Global robot installations grew tremendously throughout 2021 and have continued to do so in 2022, reaching record levels for industrial and collaborative robots. However, this boom after a crisis cycle is expected to fade out in 2023 somewhat, and the war in Ukraine, along with inflation­ary pressure, is expected to accelerate this process,” explains ABI Research Director Lian Jye Su.

“Nobody has a crystal ball, but we can say with relative certainty that the challenging climate will persist well into 2023. These statistics should provide insights and actionable data needed to chart a successful course in 2023 and beyond,” Carlaw concludes.

Related:  Auto sector leads industrial digital transformation
Tags: ABI ResearchRobots

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Asia’s ONLY dedicated IoT publication

The race to harness the power of Internet of Things (IoT) is here. FutureIoT is dedicated to individuals, as well as public and private organizations looking to tap the potential of IoT to transform the way we live, work and do business. FutureIoT is the dedicated media that provides the single source of truth about IoT, the technology, its application and regulation, originating from Asia. << Read more >>

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Cainiao to transform e-commerce with global robotic warehouse network

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