Tractica: Enterprise robot shipments to hit 1.2M units

Wednesday November 15, 2017 Tags: Boulder, Tractica, enterprise robots, Manoj Sahi

BOULDER -- Worldwide shipments of enterprise robots will grow from approximately 83,000 units in 2016 to 1.2 million units annually by 2022, according to a new report from Tractica.

Global revenue for the enterprise robotics market will increase from $5.9 billion in 2016 to $67.9 billion in 2022, the report said.

“Just as robotics has transformed manufacturing and heavy industry in recent years, robots are beginning to impact enterprise work processes, with innovative and effective solutions being introduced with increased frequency,” said Manoj Sahi, Tractica research analyst.

“A number of prominent companies around the world are already investing in large-scale enterprise robotics implementations.”

The report notes that, as robotics technologies have advanced significantly in the past few years, robots for enterprise markets are becoming more affordable, productive, and smarter than ever before.

This trend is resulting in a significant increase in the number of enterprises within the agriculture, construction, warehousing and logistics, telepresence, customer service, and other sectors willing to invest in robots to cut costs and increase profits, while trusting robots to solve business challenges and productivity gaps, the report said.

Tractica’s report, “Robotics for Enterprise Markets”, examines the market and technology issues surrounding enterprise robots and presents 7-year revenue forecasts for the industry.

The report addresses the crucial market drivers and challenges, in addition to assessing the most important technology issues that will influence market development. In total, 64 key industry players are profiled. Market forecasts are segmented by world region and application market.

An Executive Summary of the report is available for free download on the firm’s website.