Analytics Insight

Top 10 countries racing to become robotics leaders in 2023

by Sirisha December 4, 2022

The global robotics market is expected to reach USD 275 billion in 2025, at a CAGR of 16%.

Robotics It is an exciting field for researchers and industry majors alike. progress Robotic technologies Countries are engaged in a fierce robot race vying for first place. As a progressive industry, the primary concerns of robotics are enhancing productivity and customer engagement. According to reports, the global robotics market It is expected to reach US$275 billion in 2025 at a compound annual growth rate of 16%. The new World Robotics report shows an all-time high of 517,385 new industrial robots installed in 2021 which represents a 31% year-over-year growth rate. This progress is directly related to the funding provided or facilitated indirectly by the governments of the countries concerned. Check out the top 10 top countries Robot race in 2023.

South Korea:

A leading manufacturer of a wide range of robotics that caters to the educational, industrial, domestic and robotic arms sectors, it is focused on developing its own competencies through multi-million dollar robotics funding.

Japan:

It is one of the rarest countries that has prioritized the use of robotics for social reasons apart from adopting it for economic reasons. It operates a large number of advanced robotics operating units in the country, which has helped it emerge as a major exporter of industrial robots.

United States of America:

USA’s strength in robotics lies in offering profitable, specialized, and affordable courses to assist robotic manufacturing. The federal government and various agencies have provided support to Robotics Industry is here by funding innovative research.

Canada:

Canadarm, a famous country known for its advanced technology, has become globally recognized as a robot innovator. It also offers lucrative career opportunities in robotics as the government supports the industry with millions of dollars in funding.

Germany:

It is a leading country in the robotics race, producing advanced industrial robots to enhance productivity around the world. The robots they make are specialized in optimizing and recalibrating manufacturing speed without major potential errors. It is the right place for technology enthusiasts as it is a haven for the best research institutions and laboratories in the field of advanced robotics.

Italia:

Despite pioneering robotic innovations for the cosmetics and textile industries, the pandemic has slowed its growth. However, with automation and robotics funding, it’s got a nice boost. It is the second largest user of industrial robots in Europe.

Sweden:

It is one of the emerging countries in the field of advanced RPA technology using AI-integrated bots. The production aims to provide customized robots, software and auto parts according to market demand.

Denmark:

It is a prominent country with an academic presence and a good enough RPA industry. Denmark has first-class manufacturers as well as academic research facilities, which facilitates close cooperation between users, drone suppliers, etc. And it has a large number of test sites for testing industrial unmanned aircraft.

Taiwan:

Taiwan is exploiting multiple resources to maximize the development of automation and RPA technology to expand its position as an advanced bot nation with sufficient bot funding. The government helps the specific industry to face the ongoing challenges with hubs and institutions.

China:

China, with a supply of more than 150,000 industrial robots, has become a leader in the field of robotics. The “Made in China 2025” strategy is set to revolutionize robotics financing and give a boost to the robotics industry.

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