Ever the accelerant, COVID-19 has fueled a surge in activity around robotics and automation technologies as businesses seek to address labor shortages, an aging U.S. workforce, continued growth in eCommerce logistical demand, and policy pushes toward defense technology modernization – all against a pandemic backdrop that has favored social distancing, including in the workplace.
What we’re watching
- Labor Trends
- Emerging Use Cases
- Surgical Robots
- Growing Defense and Geopolitical Focus
private capital investment in robotics in 2021
increase in U.S. Army spending on robotics R&D over the last five years
of respondents in Cowen’s proprietary 2021 Global Robotics Manufacturers Survey say they are experiencing COVID-related accelerations in their businesses