Robot 2 0 is released in India
India: Robot Sales Up 30 Percent - World Robotics Report (PHOTO)
Frankfurt (ots) - Sales of industrial robots in India set a new record with 3,412 newly installed units. That is an increase of 30 percent compared to the previous year (2016: 2,627 units). Between 2012 and 2017, India had an average annual revenue growth rate (CAGR) of 18 percent. These are the results of the World Robotics Report 2018 published by the International Federation of Robotics (IFR).
Broken down by industry, India's automotive sector is the most important customer with a share of 62 percent of the total supply in 2017. Sales rose by 27 percent compared to the previous year.
India's automotive industry announces expansion
"The automotive industry will remain the main driver behind the increasing number of robot installations in India," said Junji Tsuda, president of the International Federation of Robotics. "International and national manufacturers have already announced numerous new projects aimed at expanding production capacities. In addition, OEMs are increasingly demanding a local supply of automotive parts."
Other industries are catching up
A clear sign that general industry is catching up with the automotive sector are the sales figures for industrial robots, for example in the plastics and rubber industry, the metal industry and the electrical and electronics industry. There was an increase of 46 percent in 2017.
"General industry will continue to invest in manufacturing capacity and modernization to serve this growing consumer market," said IFR President Junji Tsuda. "A further acceleration in the growth of robot sales between 2018 and 2021 can therefore be expected."
India's success story began in 2009 - robot density is still low
India is one of the fastest growing economies among the Asian emerging markets. The number of robot installations has been growing rapidly since 2009. In 2017, India ranked 14th in global annual sales, just behind Thailand and Spain. In terms of operating stocks, India was thirteenth behind countries such as Canada, Spain and Singapore.
The automation potential in India can be illustrated by the currently still relatively low robot density: 85 industrial robots per 10,000 employees in the automotive industry are less than a quarter of the rate in Indonesia (378 units) and far away from China (505 units).
Graphic for download at the end of the press release (ENGLISH) at: https://bit.ly/2FDcn2t
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IFR press portal: https://ifr.org/ifr-press-releases/
About the IFR
The International Federation of Robotics: www.ifr.org
The IFR Statistical Department publishes two studies on robotics each year:
World Robotics - Industrial Robots:
This unique report provides global statistics on industrial robots in standardized tables and enables meaningful country comparisons. It contains statistical data from around 40 countries, broken down according to application areas, industrial sectors, robot types and other technical and economic aspects. Production, export and import data are listed for selected countries. Trends in robot density, e.g. the number of robots for every 10,000 employees in relevant sectors, are also presented.
World Robotics - Service Robots:
This unique report provides global statistics on service robots, market analysis, case studies and international research strategies on service robots. The study is being developed in collaboration with our partner Fraunhofer IPA, Stuttgart.
Inquiries & contact:
Tel. +49 (0) 40 822 44 284
Email: [email protected]
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