Market Structure
According to the International Federation of Robotics (IFR) study World Robotics 2012, there were at least 1,153,000 operational industrial robots by the end of 2011. This number is estimated to reach 1,575,000 by the end of 2015.
For the year 2011 the IFR estimates the worldwide sales of industrial robots with US$8.5 billion. Including the cost of software, peripherals and systems engineering the annual turnover for robot systems is estimated to be US$25.5 billion in 2011.
The Japanese government estimates the industry could surge from about $5.2 billion in 2006 to $26 billion in 2010 and nearly $70 billion by 2025. In 2005, there were over 370,000 operational industrial robots in Japan. A 2007 national technology roadmap by the Trade Ministry calls for 1 million industrial robots to be installed throughout the country by 2025.
In August 2011, China Business News quoted Foxconn Chairman Terry Gou as saying the company planned to use 1 million robots within three years, up from about 10,000 robots in use now and an expected 300,000 next year.
Estimated worldwide annual supply of industrial robots (in units):
| Year | supply |
|---|---|
| 1998 | 69,000 |
| 1999 | 79,000 |
| 2000 | 99,000 |
| 2001 | 78,000 |
| 2002 | 69,000 |
| 2003 | 81,000 |
| 2004 | 97,000 |
| 2005 | 120,000 |
| 2006 | 112,000 |
| 2007 | 114,000 |
| 2008 | 113,000 |
| 2009 | 60,000 |
| 2010 | 118,000 |
| 2011 | 166,000 |
Read more about this topic: Industrial Robot
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