A robot is a machine device that performs work automatically. It can accept human command, run pre-arranged procedures, and act according to the principles set out by artificial intelligence. Its task is to assist or replace human work, such as production, construction, or dangerous work.
The global robotics industry and its related service market will grow rapidly at a compound annual growth rate (CAGR) of 17% from 71 billion U.S. dollars in 2015 to 135.4 billion U.S. dollars.
Judging from the overall robot industry spending, no doubt, the global robot spending mainly comes from separate components and manufacturing industries, which accounted for 33.2% and 30.2% of the total expenditure in 2015; resources, healthcare, and transportation are the rest of the industry. The three largest commercial areas. Process manufacturing and healthcare are the two fastest growing industries and are expected to nearly double by 2019 respectively.
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