Jennings also shared these thoughts:
• As the number of robots sold annually increases, revenue doesn’t increase proportionately because the cost of robots is coming down.
• Germany has as many robots as all of North America
• Robots are expanding to relatively new markets—pharmaceutical, life sciences, medical instruments, plastics. Helping to cause this expansion is the continuing growth of computer proficiency/familiarity.
• Soon to reach, or in some cases just now reaching, the marketplace are dual-arm robots and 13-axis robots. Also on the horizon are microactuators that permit robots to execute actions requiring increasingly fine motor skills. “Currently they’re too expensive,” Jennings told his audience. “But they’re coming.”