Annual Investments in Robots Rose to World Record $16.5 Billion
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Robot shipments are expected to jump 39% from 2018 to 2022 from a record annual sales level of $16.5 billion last year, according to the World Robotics report.
More than a third of global installations were in China and the top five countries hold 74% of the market. Japan, Korea, U.S and Germany round out this group. China’s investment in robots reached $5.4 billion last year.