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LONG-TERM GLOBAL TRENDS AS DRIVERS OF INNOVATIVE DEVELOPMENT OF THE GLOBAL INDUSTRIAL ROBOTICS MARKET

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PDF: Author(s): Karsuntseva O. V.,
Number of journal: 3(56) Date: August 2021
Annotation:

Over the past decade, the global industrial robotics market has demonstrated high growth rates. The range of applications of technologies and developments in the field of robotics is quite wide and is not tied to a specific industry or type of activity. Robots are able to perform increasingly complex manipulations, and the coronavirus pandemic has forced people to take a new look at the process of production automation. The article identifies modern global trends as drivers of the growth of the global robotics market, which is an urgent task today, including in the context of the development of domestic robotics. Research in this area can contribute to strengthening the role of Russia in the global market of robotic products. The paper considers the drivers of innovative development of the world markets of high-tech technological products: the development of technologies and the spread of 5G networks in the world; the increase of unmanned technologies in the automotive industry, as well as the growing drone market; the willingness of owners to invest in automated business and the subsequent increase in demand for robots after lockdowns due to coronavirus. The main trends in the development of the global robotics market for the next five years are attributed by the author: continuation of the track of expanding the use of artificial intelligence in robots; simplification of technological ideas; development of the collaborative robotics market; face and emotion recognition; reducing the size of robotic complexes; strengthening the human role; improvement of navigation systems. The paper considers two of the most popular and affordable ways to invest in the growing market of artificial intelligence and robotics, common today. The first way is to invest in shares of companies that produce robots or their components. The second method is investing in exchange-traded funds (ETFs). ETFs provide cost-effective, transparent and convenient access to investments in various companies located in different regions of the world.

Keywords:

innovations, technologies, investments, industrial robotics, artificial intelligence, the market of high-tech technological products, scientific and technological progress, collaborative robots, industrial robots, automation.

For citation:

Karsuntseva O. V. Long-term global trends as drivers of innovative development of the global industrial robotics market. Business. Education. Law, 2021, no. 3, pp. 40—47. DOI: 10.25683/VOLBI.2021.56.373.