Spending on Robotics to Double|
January 10, 2017
spending on robotics and related services will more than double by 2020,
growing from $91.5 billion in 2016 to more than $188 billion in 2020,
according to the newly updated Worldwide Commercial Robotics Spending
Guide from International Data Corporation (IDC). In addition to spending
data on robotic systems, system hardware, software, robotics-related
services, and after-market robotics hardware, the robotics spending
guide now includes data on commercial purchase of drones and
after-market drone hardware.
"The market for robotics continues to experience tremendous growth,"
said John Santagate, research manager, Supply Chain at IDC Manufacturing
Insights. "This growth is really fueled by a combination of technology
improvements, expanded use cases, and acceptance in the market.
Innovators in the field of robotics are delivering robots that can be
used to perform a broader range of tasks, which is helping to drive the
adoption of robotics into a wider base of industries."
More than half of all robotics spending comes from the manufacturing
with Discrete Manufacturing delivering 31% and Process Manufacturing
providing 28% of the worldwide total in 2016. This situation will remain
relatively unchanged throughout the forecast with the two industries
investing nearly $110 million in robotics in 2020. The leading robotics
use case in Discrete Manufacturing is assembly, welding and painting,
while mixing is the leading use case in Process Manufacturing.
After manufacturing, the three industries with the largest robotics
spending in 2016 were Resource Industries ($8.0 billion), Consumer ($6.5
billion), and Healthcare ($4.5 billion). These industries will maintain
their relative positions throughout the forecast, although Consumer
spending will significantly narrow the gap with Resource Industries by
2020. Cross Industry robotics spending, which represents use cases
common to all industries, such as warehouse pick and pack, will also
rank among the top segments throughout the five-year forecast. The
industries that will experience the fastest growth over the 2015-2020
forecast period are Consumer, Healthcare, and Retail.
"Robotics is now an integral part of industry transformation, which has
brought about significant improvement in operational agility and
efficiency in both developed and emerging markets," said Dr. Jing Bing
Zhang, research director, Robotics at IDC Manufacturing Insights. "We
are seeing faster growth of robotics adoption in general industry roles,
and some of the leading suppliers we tracked have enjoyed compound
annual growth rates of more than double that for automotive industry for
the past few years."
a technology perspective, purchases of robotics systems, which includes
consumer, industrial, and service robots, and after-market robotic
hardware will total more than $40 billion in 2016. Services-related
spending, which encompasses applications management, education &
training, hardware deployment, systems integration, and consulting, will
come to more than $20 billion in 2016. The fastest growing segments of
robotics spending are drones and after-market drone hardware, which will
grow to nearly $20 billion in 2020.
On a geographic basis, the Asia/Pacific region, including Japan, will
account for more than two thirds of total robotics spending throughout
the forecast. Europe, the Middle East, and Africa (EMEA) is the second
largest region with expenditures of $14.7 billion in 2016, followed by
the Americas with a 2016 spending total of $12.9 billion. Robotics
spending will more than double in Asia/Pacific over the 2015-2020
forecast period, making it the fastest growing region followed by the
Americas, which will edge ahead of EMEA in total spending by 2018.