The demand for robots in manufacturing is predicted to increase nearly 11% to $20.2 billion by 2016. This growth rate is faster than the expected expansion in the global economy and overall manufacturing activity. In the US alone, the use of robots in manufacturing is expected to grow more than 15% in the next three years. In China, that figure is expected to be closer to 17%. Japan, Germany and South Korea also are predicted to show significant growth in the use of robots in manufacturing.
These statistics, compiled by the industry market research firm Freedonia Group , show rapid growth in robotics thanks to a number of key advances in robotic technology. These improvements include upgraded software, increased weight capacities, and improved dexterity. In the coming years, manufacturers will find new applications for robots as models that can perform more tasks enter the marketplace.