The automation of the fourth industrial revolution is accelerating: By 2018, around 1.3 million industrial robots will be entering service in factories around the world. In the high-revenue automotive sector, global investments in industrial robots increased by a record-breaking 43 percent (2013-2014) within one year.
Viewed on a cross-sector basis, the international market value for robotic systems now lies at around 32 billion US dollars. So says the 2015 World Robot Statistics, issued by the International Federation of Robotics (IFR).
The robotic density figure is a key performance indicator for gauging the current degree of automation within the international markets: For example, the average global robotic density in producing industries lies at 66 robot units per 10,000 employees. Continue reading IFR survey: 1.3 million industrial robots to enter service by 2018