Japan's robotics market sees boom amid pandemic
Japan's robotics market is booming thanks to the need to avoid in-person contact amid the COVID-19 pandemic. Demand for robotics was led by manufacturers before the pandemic, but customers have been increasing among service businesses such as logistics and medical firms. The surge in robotics demand has led to a boost in manufacturers' investment in advanced technologies such as image processing and artificial intelligence to achieve remote control services. The robotics market is expected to grow from around ¥1 trillion in 2010 to some ¥10 trillion in 2035, according to an estimate by the industry ministry. In particular, demand from the service sector is likely to grow over 13-fold, overtaking that for factory automation equipment.
Jul-10-2021, 07:21:29 GMT
- Industry:
- Health & Medicine (0.86)
- Technology:
- Information Technology > Artificial Intelligence > Robots (1.00)