The global robot market will reach $188 billion in 2020

E-Friends Network 8: The global market for robotics and related services will increase from US$91.5 billion in 2016 to US$188 billion in 2020. The demand for robots varies from industry to industry, with manufacturing being the largest industry, 2020. The relevant investment for the year will reach 110 billion US dollars.

Global crazy robot, research institute IDC also predicts that the global robotics and related services market will be priced from US$91.5 billion in 2016 (about NT$2.9 trillion) to 188 billion U.S. dollars in 2020 (about NT$6 trillion) Yuan), reflecting the market's popularity.

According to IDC, the rapid growth of the robotics market is mainly due to technological advances, increased application cases, and increased market acceptance. Among them, the advancement of technology mainly contributes to the increase in the types of tasks that robots can perform, which in turn encourages more industries to adopt robots to perform related corporate tasks.

According to IDC, more than half of the robotic market purchases in 2016 were contributed by the manufacturing industry, with discrete manufacturing accounting for 31% of the overall market and process manufacturing accounting for 28%. By 2020, manufacturing will continue to be the largest adoption industry for robots. Related investments will reach $110 billion. In discrete manufacturing, the main application examples of robots are assembly, brazing and painting. In the process manufacturing industry, the main application of robots is mixing.

In 2016, other major robot adoption industries include resource industry, consumer goods, and medical related industries. IDC predicts that the application of robots in the consumer goods industry will grow significantly.

In terms of regional adoption, the Asia-Pacific region, which includes Japan, will occupy two-thirds of the overall robot market, followed by Europe, Africa, the Middle East and the Americas.

Module Power Supply

Military power supply is accordance with the relevant standard military standards.

Linear DC Power Source,DC Power Source,Switching DC Power Source,Modular Power Supply

Jinan Xinyuhua Energy Technology Co.,Ltd , https://www.xyhenergy.com