New Study Shows U.S. is World Leader in Robotics Automation – With $732 Billion of Robots

A new study from Redwood Software and the Centre for Economic and Business Research (CEBR) finds that the U.S. is the world leader in robotics automation investment, with an estimated robotics stock of $732 billion* - larger than the economy of Switzerland, which stood at $446 billion* in 2015. 

U.S. investment in robotics was $86 billion in 2015, up from less than $40 billion in 2009, when investment hit a low following the financial crisis, and more than 15 times higher than the OECD average. Between 2011 and 2015, U.S. investments in robotics rose 30%. 
"The U.S. is the world leader in robotics investment, and spending has recovered quickly since the financial crisis in 2009," said David Whitaker, Managing Economist at CEBR. "The sheer size of the economy and its large base of production in the automotive and electronic sectors make it a natural candidate for increased automation."   Full Press Release:

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

 igus® - Free heavy-duty plastic bearings sample box

igus® - Free heavy-duty plastic bearings sample box

The iglide® heavy-duty sample box provides a selection of five unique iglide bearings, each suitable for use in heavy-duty equipment due to their self-lubricating, dirt-resistant properties. Each bearing material boasts unique benefits and is best suited for different application conditions, though each can withstand surface pressures of at least 11,603 psi at 68°F.