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Thematic Analysis
Robotics – Global Thematic Research
For nearly five decades, the robot industry has been a small industry pretending to be big. In 2015, the global robot industry generated revenues of $42 billion, according to the International Federation of Robotics. Over 83% of these revenues were from sales of ‘industrial robots’ to manufacturing companies. While traditional industrial robot revenues are growing at single digit rates, the ‘professional service robot’ market – which includes military drones and medical surgery robots – is on a much faster trajectory...