Freedonia In The News

Article Title: Global Demand for Robots to Show Promising Growth through 2016
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Publication: Adhesives & Sealants Industry, 1/7/2013
Freedonia Study: World Robots (2950)

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Global demand for robots is forecast to increase nearly 11% per year through 2016 to $20.2 billion, outpacing both the world’s economy and overall manufacturing activity, according to a new study from The Freedonia Group Inc. In developed countries, which tend to have higher labor costs, robots are often used to replace human workers. In developing countries, which conversely usually have an abundance of low-cost labor, robot use is more concentrated in tasks that are difficult or dangerous for human workers. However, as wages rise in developing countries, the use of robots to replace human workers will increase, especially as advantages in end product quality and worker safety become more apparent.
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Article Title: Report: World Industrial Robot Demand Up 38 Percent
By: Ann Thryft
Publication: Design News, 2/4/2013
Freedonia Study: World Robots (2950)

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Like a similar study we reported on from The Freedonia Group, the IRF's report shows that the two largest users of industrial robots are the automotive manufacturing sector, followed by electrical/electronics manufacturing. These two sectors are also the ones that the IRF expects to continue driving growth in industrial robot sales during 2012.
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Article Title: Barron’s Weighs In on Robot Shares: 2013-2016
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Publication: Robotics Business Review, 1/20/2013
Freedonia Study: World Robots (2950)

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Connecting the dots on the where, why and how of a predicted 11 percent increase in robot sales from 2013 to 2016 presents an intriguing look at the nation’s future. Freedonia, the research group making the forecast, notes that such an increase outpaces both the world’s economy and overall manufacturing activity, which is something robot sales have never previously been able to pull off.
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