According to 2019 forecasts, the industrial robot market was expected to increase by roughly five percent in 2020, reaching 10.6 billion U.S. dollars. The coronavirus pandemic, however, completely upended such forecasts: according to the estimates made in May 2020, the industry will start to recover only from 2021 onwards.
Projected revenue of the industrial robot industry worldwide from 2019 to 2023, by scenario
(in million U.S. dollars)
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Statista. (June 11, 2020). Projected revenue of the industrial robot industry worldwide from 2019 to 2023, by scenario (in million U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1155547/industrial-robots-coronavirus-impact-forecast/
Statista. "Projected revenue of the industrial robot industry worldwide from 2019 to 2023, by scenario (in million U.S. dollars)." Chart. June 11, 2020. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1155547/industrial-robots-coronavirus-impact-forecast/
Statista. (2020). Projected revenue of the industrial robot industry worldwide from 2019 to 2023, by scenario (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1155547/industrial-robots-coronavirus-impact-forecast/
Statista. "Projected Revenue of The Industrial Robot Industry Worldwide from 2019 to 2023, by Scenario (in Million U.S. Dollars)." Statista, Statista Inc., 11 Jun 2020, https://www.statista.com/statistics/1155547/industrial-robots-coronavirus-impact-forecast/
Statista, Projected revenue of the industrial robot industry worldwide from 2019 to 2023, by scenario (in million U.S. dollars) Statista, https://www.statista.com/statistics/1155547/industrial-robots-coronavirus-impact-forecast/ (last visited December 23, 2024)
Projected revenue of the industrial robot industry worldwide from 2019 to 2023, by scenario (in million U.S. dollars) [Graph], Statista, June 11, 2020. [Online]. Available: https://www.statista.com/statistics/1155547/industrial-robots-coronavirus-impact-forecast/
