The Latest Robot Software Industry Statistics Explained
The global robot software market size was USD 11.23 billion in 2020.
The statistic provided states that the global robot software market was valued at USD 11.23 billion in 2020. This figure represents the total revenue generated by sales of software specifically designed for robots worldwide during that year. The market size reflects the significant demand for software solutions catering to the robotics industry, driven by innovations in automation, artificial intelligence, and robotics technologies. This statistic indicates the financial scale and growth potential of the robot software market, highlighting a thriving industry that continues to play a crucial role in advancing automation and robotics applications across various sectors.
Robot software market size is expected to reach USD 76.61 billion by 2028.
The statistic that the robot software market size is expected to reach USD 76.61 billion by 2028 indicates the projected total value of the market for software used in robots by that year. This represents a significant growth opportunity as it suggests an increasing demand for software solutions in the robotics industry globally. The figure provides insight into the anticipated scale of investment and adoption of robot software technologies, reflecting the rising importance of automation and robotics across various sectors such as manufacturing, healthcare, logistics, and agriculture. This forecast could influence business strategies, investment decisions, and innovation efforts within the robot software market landscape in the coming years.
The market will exhibit a stellar CAGR of 26.5% during the forecast period 2021-2028.
This statistic indicates that the market is projected to grow at an impressive Compound Annual Growth Rate (CAGR) of 26.5% over the period from 2021 to 2028. A CAGR of 26.5% signifies a substantial and rapid growth rate over the forecast period, suggesting that the market is expected to expand significantly each year during this timeframe. This strong growth rate can be seen as a positive indicator of the market’s potential for expansion and can be attractive to investors and stakeholders looking for high growth opportunities. The forecast of a stellar CAGR of 26.5% implies robust growth prospects and may influence business decisions and strategic planning within the industry.
The market in Asia-Pacific stood at USD 3.68 billion in 2020.
The statistic “The market in Asia-Pacific stood at USD 3.68 billion in 2020” indicates the total value of goods and services exchanged in the Asia-Pacific region during the year 2020. This figure represents the aggregate economic activity within the region, including both domestic consumption and international trade. It serves as a measurable indicator of the size and economic significance of the market in Asia-Pacific, providing valuable insights for businesses, policymakers, and researchers interested in understanding and analyzing the region’s economic performance and trends.
54 % of the world’s industrial robots are in Asia and Australasia (2017).
The statistic indicates that in 2017, 54% of the world’s industrial robots were located in Asia and Australasia regions combined. This implies that a significant majority of industrial robots globally are concentrated in these parts of the world. The high prevalence of industrial robots in Asia and Australasia suggests the importance of automation and advanced manufacturing processes in these regions. Factors like technological advancements, labor costs, and government policies may have contributed to the concentration of industrial robots in Asia and Australasia, highlighting the significant role these regions play in the global industrial automation landscape.
In the United States, 189 robots were installed per 10,000 employees in the manufacturing industry (2017).
The statistic that 189 robots were installed per 10,000 employees in the manufacturing industry in the United States in 2017 indicates the level of automation adoption within the sector. This metric reflects the increasing trend of incorporating robotics and automation technologies in manufacturing processes to enhance efficiency, productivity, and competitiveness. The ratio of robots to employees provides insight into the extent to which automation is being utilized to perform tasks traditionally carried out by human workers. A higher ratio suggests a greater degree of automation and potential implications for workforce composition, job roles, and training requirements in the manufacturing industry. Tracking this statistic over time can offer valuable insights into the evolving landscape of technology adoption and its impact on the labor market in the manufacturing sector.
The biggest markets in terms of new installations in 2020 were China, followed by Japan, USA, Republic of Korea and Germany.
In 2020, the biggest markets in terms of new installations refer to the countries that saw the largest increase in the installation of a particular product or service. Specifically, in the context of this statistic, the installations likely refer to the deployment of a technology or infrastructure related to a specific industry. China topped the list, indicating that it had the most significant growth in new installations compared to other countries. Japan, USA, Republic of Korea, and Germany followed, suggesting that these countries also experienced notable increases in new installations during the same period. This statistic is crucial for understanding the global trends and dynamics in the industry or sector being studied, as well as identifying key players and emerging markets.
The automotive industry dominates the robot software market as the leading user of industrial robots in 2020.
The statistic indicates that in the year 2020, the automotive industry was the primary user of industrial robots in terms of software applications, thereby holding a dominant share in the robot software market. This signifies that automotive manufacturers invested significantly in automation technology, utilizing industrial robots to streamline production processes, enhance efficiency, and improve overall output quality. The industry’s emphasis on adopting advanced robotics technology suggests a strategic focus on innovation and competitiveness, as automation continues to play a crucial role in modern manufacturing operations.
Europe’s industrial robot sales reached 61,600 units in 2019.
The statistic that Europe’s industrial robot sales reached 61,600 units in 2019 indicates the total number of industrial robots purchased and used in industrial settings within the European region during that year. This figure reflects the level of automation and technological advancement within European industries, highlighting the growing trend of utilizing robots for various manufacturing and production processes. The increase in industrial robot sales suggests a shift towards automation to improve efficiency, productivity, and competitiveness in the industrial sector, as well as potential implications for job roles and workforce dynamics in the region.
In 2016, 290,000 units of industrial robots were sold worldwide.
In 2016, a total of 290,000 units of industrial robots were sold globally, indicating the widespread adoption of automation technology in industries across the world. This statistic highlights the increasing trend towards utilizing robotics to enhance efficiency and productivity in manufacturing processes. The significant sales volume also suggests a growing investment by businesses in advanced technologies to remain competitive in the market. This data serves as a valuable indicator of the shifting landscape towards automation and the potential impact it has on reshaping the industrial sector towards a more technology-driven future.
The on-premise robot software market accounted for a larger share of 79.4% in 2020.
This statistic indicates that in 2020, the on-premise robot software market held a significant majority share of 79.4% compared to other deployment options available in the industry. This suggests that a large portion of organizations utilizing robot software solutions preferred to host and manage the software on their own servers or infrastructure rather than opting for cloud-based or other deployment models. The high market share of on-premise robot software may reflect factors such as data security concerns, regulatory compliance requirements, customization needs, or a preference for maintaining direct control over software implementation and maintenance. This statistic highlights the enduring relevance and popularity of on-premise deployment in the robot software market landscape.
83% of all robot software were programmed using offline programming languages in 2020.
This statistic indicates that in the year 2020, a significant majority (83%) of robot software was developed using offline programming languages. This suggests that a large portion of robotics engineers and developers were utilizing programming languages that allow them to write and test code without directly interfacing with the physical robot itself. Offline programming languages enable developers to design and optimize robot software in a simulated environment before transferring it to the actual robot, potentially increasing efficiency and reducing errors in the programming process. This statistic underscores the prevalence and importance of offline programming languages in the field of robotics, highlighting their role in streamlining software development for robotic applications.
Cloud based robot software is expected to grow with a CAGR of 45.2% by 2028.
This statistic indicates that the market for cloud-based robot software is projected to experience substantial growth over the next several years, with a compound annual growth rate (CAGR) of 45.2% by the year 2028. This significant CAGR suggests a rapid increase in adoption and implementation of cloud-based software in the robotics industry, likely driven by factors such as advancements in technology, increased demand for automation solutions, and the benefits of cloud computing in enhancing the capabilities of robotic systems. The forecasted growth rate highlights the potential for significant expansion and opportunities within the cloud-based robot software market in the near future.
By 2028, North America’s robot software market is projected to reach around $20 billion.
The statistic indicates that the robot software market in North America is expected to grow significantly by the year 2028, reaching a value of approximately $20 billion. This projection suggests a substantial increase in the adoption and utilization of robot software in industries across North America over the next several years. The growth in this market can be attributed to factors such as technological advancements, automation of various processes, and increasing demand for robotics solutions in sectors like manufacturing, healthcare, and logistics. The projected value of $20 billion highlights the potential for continued expansion and innovation in the field of robot software, indicating a promising outlook for the industry in the coming years.
Industrial robot software market was valued at $6.19 billion in 2020.
The statistic “Industrial robot software market was valued at $6.19 billion in 2020” indicates the total market size for software specifically designed for industrial robots in the year 2020. This value represents the overall revenue generated from the sales of industrial robot software globally during that period. The figure provides insight into the significance and scale of the industrial robot software market, highlighting the substantial investment and demand for such software solutions within the industrial automation sector. The value of $6.19 billion reflects the economic impact and growth potential of the industrial robot software market, indicating a thriving industry that plays a crucial role in enhancing the capabilities and efficiency of industrial robots in various applications and industries.
The market for logistics robots in 2020 was 336,400 units of automated guided vehicles (AGVs) and 167,900 units of autonomous mobile robots (AMRs).
The statistic indicates that in 2020, a total of 504,300 units of logistics robots were sold, comprising 336,400 units of automated guided vehicles (AGVs) and 167,900 units of autonomous mobile robots (AMRs) globally. This data illustrates a significant reliance on automation within the logistics industry for tasks such as material handling and transportation. The substantial numbers of AGVs and AMRs sold suggest a growing trend towards integrating robotic technology into warehouse and distribution operations to improve efficiency, productivity, and cost-effectiveness. The market for logistics robots appears to be expanding as businesses seek innovative solutions to meet the demands of an increasingly complex and competitive supply chain environment.
Conclusion
The statistics showcased in the blog post offer valuable insights into the rapid growth and potential of the robot software industry. With increasing technological advancements and adoption of automation across various sectors, the market is set to witness significant expansion in the coming years. It is crucial for businesses and investors to stay informed about the latest trends and developments in this industry to capitalize on the opportunities it presents.
References
0. – https://www.www.reportsanddata.com
1. – https://www.www.marketdataforecast.com
2. – https://www.www.fortunebusinessinsights.com
3. – https://www.www.ncbi.nlm.nih.gov
4. – https://www.www.roboticsbusinessreview.com
5. – https://www.www.researchandmarkets.com
6. – https://www.www.mordorintelligence.com
7. – https://www.ifr.org
