The number of research reports covering the robotics industry has grown exponentially in the last few years. Eighty-one have been previewed on The Robot Report thus far in 2015. The latest batch of 28 — shown below — brings the total to 109.
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 $2,425. 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.
These 109 reports are costly but can be valuable to VCs, companies and their engineering and marketing research departments, and academia. 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. But the bottom line is that all the reports are forecasting positive double-digit growth for most segments of the robotics industry.