The electronics robotics market is the second-largest market for industrial robotics. In 2018, the sales value of new robot installations in this industry peaked at around 4.7 billion U.S. dollars. In 2019, the sales value dropped considerably to some 3.6 billion U.S. dollars and is projected to stagnate at least until 2022.
By 2022, almost 80 percent of the robots will be sold in Korea, Japan, and China. The markets in the United States and Germany cover only a small part of this industry since most electronic goods are produced in Asia due to lower production costs.
Sales value of new robot installations in the electronics industry worldwide from 2018 to 2022, by country
(in million U.S. dollars)
An industrial robot is defined by the International Organization for Standardization (ISO) as an “automatically controlled, reprogrammable, multipurpose manipulator, programmable in three or more axes, which can be either fixed in place or mobile”.
Figures do not include the cost of software, peripherals, and systems engineering.
Figures have been rounded.
* Forecast.
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Statista. (February 24, 2021). Sales value of new robot installations in the electronics industry worldwide from 2018 to 2022, by country (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1018694/robotics-electronics-market-sales-value-worldwide/
Statista. "Sales value of new robot installations in the electronics industry worldwide from 2018 to 2022, by country (in million U.S. dollars)." Chart. February 24, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1018694/robotics-electronics-market-sales-value-worldwide/
Statista. (2021). Sales value of new robot installations in the electronics industry worldwide from 2018 to 2022, by country (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1018694/robotics-electronics-market-sales-value-worldwide/
Statista. "Sales Value of New Robot Installations in The Electronics Industry Worldwide from 2018 to 2022, by Country (in Million U.S. Dollars)." Statista, Statista Inc., 24 Feb 2021, https://www.statista.com/statistics/1018694/robotics-electronics-market-sales-value-worldwide/
Statista, Sales value of new robot installations in the electronics industry worldwide from 2018 to 2022, by country (in million U.S. dollars) Statista, https://www.statista.com/statistics/1018694/robotics-electronics-market-sales-value-worldwide/ (last visited December 22, 2024)
Sales value of new robot installations in the electronics industry worldwide from 2018 to 2022, by country (in million U.S. dollars) [Graph], Statista, February 24, 2021. [Online]. Available: https://www.statista.com/statistics/1018694/robotics-electronics-market-sales-value-worldwide/
