Robot investment reaches record USD 16.5 billion

GERMANY - The new World Robotics report shows an annual global sales value of 16.5 billion USD in 2018 – a new record.

853IFR1422,000 units were shipped globally in 2018 - an increase of 6 percent compared to the previous year. IFR (International Federation of Robotics) forecasts shipments in 2019 will recede from the record level in 2018, but expects an average growth of 12 percent per year from 2020 to 2022.

“We saw a dynamic performance in 2018 with a new sales record, even as the main customers for robots – the automotive and electrical-electronics industry – had a difficult year,” says Junji Tsuda, President of the International Federation of Robotics. “The US-China trade conflict imposes uncertainty to the global economy – customers tend to postpone investments. But it is exciting that the mark of 400,000 robot installations per year has been passed for the first time. The IFR’s longer term outlook shows that the ongoing automation trend and continued technical improvements will result in double digit growth - with an estimate of about 584,000 units in 2022.”

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