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Report: Robotics will Expand to a $30 Billion Business by 2016
Growth
New domestic, professional, and security robots herald an era of smarter robots that can handle open environments
By Mark Ingebretsen

Robotics is breaking out of the niche markets it had been shunted too, promising to grow to $30 billion by 2016, according to a new report from Research and Markets.

The significant expansion is mainly due to explosive growth in commercially viable professional services able to be provided by robots, as well as increased usage by the military and security industries, in addition to robotics’ traditional strengths in manufacturing, medicine, surgery, planetary exploration, and the handling of hazardous materials.

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