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Driven by the high volume of robot installations in recent years, Asia’s average robot density surged by 18% compound annual growth rate (CAGR) since 2016 to 156 units per 10,000 employees in 2021. Singapore’s robot density had been growing by 24% on average each year since 2016. Robot density by region. United States falls to ninth.
Shown below, the price of the commodity rose to more than 400% of its price in January of 2016. This is presented as an index value with the 2016 value representing 100%. The blue line represents the price of cold-rolled steel presented again as an index value with the price in 2016 representing 100%.
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