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Latin America: industrial robotics sales value 2017-2021

In 2017, the industrial robotics market in Latin America generated 269.12 million U.S. dollars in sales and it has been projected that the amount will increase to 374.3 million dollars by 2021. The global industrial robotics market is expected to increase from 14 to 22 billion U.S. dollars in the same period.
In industrial robotics, hardware and software are often sold separately, with an increasing tendency to be sold together in the future. The current market therefore does not include the cost of software, peripherals, and systems engineering.

Sales value of the industrial robotics market in Latin America in 2017 and 2021

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Source

Release date

June 2019

Region

Central and South America, Mexico

Survey time period

2017

Supplementary notes

* Forecast.
An industrial robot is defined by the International Organization for Standardization (ISO) as an “automatically controlled, reprogrammable, multipurpose manipulator, programmable in three or more axes, which can be either fixed in place or mobile”.
Figures have been rounded.

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