Description
The global industrial robot sales revenue year-over-year growth rate is an important indicator published by the International Federation of Robotics (IFR). This metric measures the annual growth rate of global industrial robot sales revenue. It is commonly used to observe the health and growth of the automation and robotics industry, as well as broader industrial activities. A higher year-over-year growth rate percentage indicates strong growth and the gradual adoption of automation technologies, while a lower or negative growth rate may signify industry stagnation or decline.
Broadly speaking, industrial robots are automated, programmable machines capable of performing various tasks in industrial automation production, either through stationary or mobile setups.
This data is updated annually, with the report published once a year to reflect the sales performance of the previous year.