ETF Securities Australia has launched an exchange-traded product on the ASX that provides access to global robotics, artificial intelligence and automation stocks. The ETF Securities ROBO Global Robotics and Automation ETF (ROBO), which tracks the ROBO Global Robotics and Automation Index, began trading on the ASX yesterday. According to a statement by ETF Securities, the robotics economy is estimated to be worth US$1.2 trillion by 2025, driven by demand for higher productivity and applications in various industries. Commenting on the launch of the ETF, head of ETF Securities Australia Kris Walesby said, "The robotics and automation industries are part of a global megatrend which is expected to outperform the broader market in coming decades. "ROBO Global is the pioneer in this area, having created the first robotics and automation ETF on the NASDAQ in 2013, and continues to work with a strategic advisory team including leading robotics experts.