The robotics industry has graduated to be big business — at least for research firms. 47 different reports on subjects ranging from broad to very drilled-down views of the industry are analyzed and projected upon with widely differing forecasts.
Below are short profiles of each of those 47 reports. Many of the reports duplicate the coverage of others and frequently differ on forecasts. Some are marginally useful; others are chock full of valuable information. Bottom line, all the reports are forecasting positive double-digit growth for most segments of the robotics industry.
The fact-based backbone for many of these research reports is the International Federation of Robotics (IFR) annual World Robotics Industrial and World Robotics Service reports. These two books represent the official tabulation from all the robot associations around the globe. The 2015 reports cover 2014 activity. The two 2015 reports can be purchased for $2,275. The IFR industrial robots report forecasts a 15% CAGR (compounded annual growth rate) for the next 4 years and, for the same period, the service robots report forecasts a 19% CAGR for professional and field service robots and 27% CAGR for household, consumer and personal service robots.
Reports covering 2015 will be published this summer.