Welcome!

News Feed Item

Whale Path Study Finds Over 1 Million Industrial Robots Installed Worldwide

Led by Growing Demand in China, Robotics Industry Expanded by 60% Since 2009

MOUNTAIN VIEW, CA--(Marketwired - July 22, 2014) - A 60% rise since 2009 in the global market for industrial robots has brought the number of in use to over 1 million, according to a study released today by Whale Path, the leading research marketplace. Whale Path's report Trends In Robotics also noted the total global market for industrial robots is now $13.3 billion annually.

Whale Path's study uncovered a number of compelling findings about the current state of the industrial robotics industry and its growth trajectory, including:

  • There are now more than 1 million industrial robots installed worldwide. Of these, 50% are located in the Asia Pacific market, 33% in Europe, and 17% in North America. (Source: World Robotics)
  • In the last five years, the global market for industrial robots grew by approximately 60%. In that time, the Chinese market quadrupled and exports of industrial robots from Japan increased by approximately 80%.
  • The size of the global market for industrial robots in 2011 was $13.369 billion, $4.872 billion of which was for electronic packaging robots.
  • The automobile and the electrical and electronics industries account for the majority of demand for industrial robots, followed by the metal and machinery industry, and the plastics and chemicals industry.

The study also reviewed growth trends in the global market. Since 2001, the Chinese market for industrial robots became the biggest market in the world for industrial robots intended for the automobile industry, increasing by an annual average of 41% to. Despite the fast rise of industrial robots in the Chinese market, Japan's market continued to rank first in imports at 70.6% and is still trending upwards.

Trends In Robotics is based on a review of third party data sources by a team of Whale Path researchers, who examined search trends and production statistics from global robot manufacturers, iRobot, Recon Robotics, Ekso Bionics, Honda, Boston Dynamics, PV-KRAFTWERKER, and SpaceX to complete their findings.

"Our report shows that a booming global market for robotics is rapidly replacing jobs that are boring, dirty, or dangerous, especially when the tasks in question require more speed, precision, endurance, or power than a human can provide," said Colin Gu, co-founder, Whale Path. "Trends in Robotics is a great example of how research sourced from publicly accessible sources can uncover hidden truths about markets and business opportunities."

The complete report Trends In Robotics is available as a free download at http://whalepath.com. Lean more information on Whale Path and its research capabilities at http://whalepath.com or by mailing [email protected].

About Whale Path
Whale Path is reinventing the market for business research. Whale Path's custom research marketplace makes high-quality, custom reports accessible to anyone by automatically matching research requests with Masters and Doctoral candidates from top universities, then passing every report through a rigorous quality control process. Its subscription service offers instant downloads of proprietary research from top academics. Founded in 2012 and based in Mountain View, California, Whale Path's advisors include executives from top companies like Credit Suisse and Fidelity Investments as well as educators from Stanford University and the University of California, Berkeley. Learn more at http://whalepath.com.

Media Contact:
Shawn Roberts 
TallGrass Public Relations 
+1 (510) 397-8743
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abilit...
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
In his session at Cloud Expo, Alan Winters, U.S. Head of Business Development at MobiDev, presented a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to maximize project result...
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
"Software-defined storage is a big problem in this industry because so many people have different definitions as they see fit to use it," stated Peter McCallum, VP of Datacenter Solutions at FalconStor Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
"Our strategy is to focus on the hyperscale providers - AWS, Azure, and Google. Over the last year we saw that a lot of developers need to learn how to do their job in the cloud and we see this DevOps movement that we are catering to with our content," stated Alessandro Fasan, Head of Global Sales at Cloud Academy, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessio...
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...