AI Industry Analytics’ Post

South Korea's robotics sector is on a solid growth trajectory, detailed in the latest overview. With a total of 378 organizations, including 220 companies and 155 investors, the sector is marked by a strong industrial presence with 57 companies. Software and AI also stand out with 70 companies, showing a clear focus on advanced technology. Seoul is emerging as a hub for robotics, home to 11 of these companies and 8 investors, signifying the city's key role in this sector. Across 11 sectors, the South Korean robotics landscape is rich with innovation and potential. For a detailed picture and to engage with this sector, visit https://lnkd.in/eVTRxdeA Our strategic partner Ecosystem Mapping-as-a-Service remains open for inquiries on commissioned ecosystem map platforms in other industries and regions, some done on a pro-bono co-branded basis, and can be reached for inquiries here: https://lnkd.in/edzbxyW4 #Robotics #SouthKorea #Technology #Innovation #Investment

South Korea's robotics sector is on a solid growth trajectory, detailed in the latest overview. With a total of 378 organizations, including 220 companies and 155 investors, the sector is marked by a strong industrial presence with 57 companies. Software and AI also stand out with 70 companies, showing a clear focus on advanced technology. Seoul is emerging as a hub for robotics, home to 11 of these companies and 8 investors, signifying the city's key role in this sector. Across 11 sectors, the South Korean robotics landscape is rich with innovation and potential. For a detailed picture and to engage with this sector, visit https://lnkd.in/ezmm528R Our strategic partner Ecosystem Mapping-as-a-Service remains open for inquiries on commissioned ecosystem map platforms in other industries and regions, some done on a pro-bono co-branded basis, and can be reached for inquiries here: https://lnkd.in/eDvdm_PC #Robotics #SouthKorea #Technology #Innovation #Investment

If you’re curious about the exciting opportunities awaiting Danish robotics and automation companies in Singapore, mark your calendars! 🗓️ On April 24, we’re hosting an online info meeting about the opportunities in Singapore and an upcoming market visit to Singapore in September 🦾🤝 The Trade Council and Odense Robotics invite you to join the info meeting, where we will present Singapore’s market potential and the market visit on 4-6 September. The online meeting is your chance to gain insights into Singapore’s industry landscape.🏭 Among others, you can meet: ➡️Chin Ee CHAI, Senior Commercial Advisor at the Trade Council (Royal Danish Embassy in Singapore) ➡️Selina Sia, Regional Director Europe, Singapore Economic Development Board ➡️Meng Fai T., Deputy Chief Executive at the National Robotics Programme in Singapore ➡️Aldus von der Burg, Founder and CEO, Meili Robots ➡️Maria Vergo, Consortium Manager, ROS-Industrial Consortium Asia Pacific ➡️Eu Gin Lee, Assistant Director, Centre for Healthcare Assistive & Robotics Technology ➡️Jonathan Cheng, Chief Technology Officer, Building and Construction Authority - Singapore   Did you know that: ✅Singapore can be used as an entry point to further develop products for the Southeast Asia market, sometimes even for Europe and Asia.  ✅Products that are sold in Singapore are looked upon favorably as they are associated with Singapore’s high certification and standards.  ✅The manufacturing cluster in Singapore is an early adopter of robotics. In 2020, Singapore had the second highest robot density globally.  Join the info meeting and explore all the exciting opportunities. 🌟🌏 The info meeting and the trip are open to anyone who wants to dive into Singapore’s market potential and learn more. #WeAreRobotHeroes #robotics #automation #Singapore

Did you know Asia was the world’s largest industrial robotics market in 2021 AND accounted for 74 % of all newly deployed robots? Want to explore what this could mean for your business? 🚀       This September, Danish robotics and automation companies wanting to explore market opportunities in Asia will have the chance to dive into Singapore's market - which could be the ideal first step - when Odense Robotics and The Trade Council, Danish Ministry of Foreign Affairs invite you to join us on an exclusive market visit. 🏙     According to the market report from the 2023 Singapore Market Analysis, seven of the top 10 robotics companies (based on revenue) worldwide have a presence in Singapore. And in 2020, Singapore had the second highest robot density globally.       Sign up now and travel alongside other players from the Danish robotics ecosystem on this special visit, which takes place from 4 – 6 September 2024. ✈   👀 Check out the programme below and learn more here: https://lnkd.in/eahjGyGE The trip includes visits to the Singaporean robotics ecosystem and aims to offer participants valuable insights into their industries with the goal of helping Danish companies forge connections with potential partners in the area. 🤝       𝐖𝐚𝐧𝐭 𝐭𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐯𝐢𝐬𝐢𝐭?    Contact International Project Manager Julie Thygesen Rydahl at [email protected]       #WeAreRobotHeroes #robots #automation #Singapore #technology

🤖 Robo-lution in Full Swing! 🌍 The World Robotics 2024 report by International Federation of Robotics is in and the numbers are jaw-dropping: Global robot density doubled in just 7 years to a record 162 units per 10,000 employees in 2023! 🚀 🌟 Highlights from the top robo hotspots: 🇰🇷 Korea leads the pack with a mind-blowing 1,012 units – they’re practically building robots with robots. 🇸🇬 Singapore hits 770 units – small country, BIG automation energy. 🇨🇳 China takes bronze with 470 units – doubling density in 4 years. Talk about a robo-mance! 🇩🇪 Germany (429 units) & 🇯🇵 Japan (419 units) still rocking the classics with steady growth. What does this mean for YOU? 🤔 If automation is the future, the future is here – and it’s got robotic arms wide open! Whether you’re scaling up, speeding up, or just tired of doing it all by hand, there’s never been a better time to join the movement. With JAKA’s smart, safe and simple #cobots, #automation isn’t just for giants anymore – it’s for innovators like YOU. 💡 Ready to get your robo game on? Let’s talk. 👇 👨💻 [email protected] 🌍 www.jakarobotics.com Read the whole press release here: #Automation #Robotics #JAKARobotics #Industry40 #Innovation #Cobots

What a bold statement and commitment to strategic innovative technologies!  "In 2024, another $2.3 billion investment bomb will explode in Seoul for robotics. With a clear focus on investment through joint public-private efforts to enhance competitiveness in technology, human resources and enterprises, the Korean government also aims to significantly increase the widespread adoption of robots in various industries, including manufacturing, logistics, welfare and security, by distributing over one million units by 2030." It follows the logic of proactively creating domestic markets for local companies first to establish a solid presence and promote organic growth. This makes it easier for local companies to enter the global market, while the government creates a supportive growth environment by strengthening cooperation between relevant agencies and actively supporting international certifications. It is a signal to local OEMs of the government`s commitment to innovation leadership. An inspiring approach to truly drive transformation, global competitiveness and overcome structural barriers #Exoskeleton #tech4good #humancentricity #EUtechdeal #thinkingfromtheend

South Korea's robotics industry showcases robust growth with 378 total organizations, including 220 companies backed by 155 investors. Investment in the sector has risen to 7.5 billion USD, signaling strong confidence and expansion. The workforce is equally impressive, with 463,000 robotics workers, the majority holding higher education degrees, fueling a sophisticated labor force driving innovation. Robotics applications are widespread, with a significant presence in manufacturing and electronics, pointing to a tech-forward industrial landscape. Further details on this dynamic industry can be accessed at https://lnkd.in/ePfxz5kF Our strategic partner Ecosystem Mapping-as-a-Service remains open for inquiries on commissioned ecosystem map platforms in other industries and regions, some done on a pro-bono co-branded basis, and can be reached for inquiries here: https://lnkd.in/ePk7xpJ2 #Robotics #SouthKorea #TechGrowth #Innovation #IndustryInvestment

South Korea is the first country to have robots as 10% of its workforce. The country now has 1,012 robots per 10,000 employees, according to the International Federation of Robotics, making it the top adopter of robotics in industrial settings. This is more than double the density of robots in any other country, except Singapore, which has 770 robots per 10,000 employees. The European Union has a robot density of 219 units per 10,000, with Germany, Sweden, and Denmark leading the way. A shrinking population in South Korea has called into question the stability of the country’s economy and the South Korean government announced plans earlier this year to invest $2.4 billion into robotics in the public and private sector by the end of the decade. Sectors targetted include manufacturing, services, agriculture, logistics, healthcare & defence, with work to understand and mitigate the social and societal impact. With tech and thought leaders including Elon Musk predicting up to 10 billion robots worldwide in the next two decades, this is an area businesses cannot ignore. #automation #robotics #AI #ReimaginingBusiness

Great news for those in robotics in Singapore or hoping to set up a regional headquarters here. An update from Jacqueline Poh, Managing Director at Singapore Economic Development Board (EDB) and Chair of the National Robotics Programme on the announcement that an additional $60m has been set aside to help spur robot adoption in industry. https://lnkd.in/g7MFJWNU An interesting snippet from a Straits Times article highlights that the global robotics market is worth $50 billion today and is estimated to grow beyond $60 billion by 2028. It's great to see local cleaning robotics company LionsBot International expanding with a new factory in Singapore. As we focus on robotics and automation, we anticipate the trend moving into construction as one of the focus industries over the coming years.

Singapore has the 2nd highest robot density per employee in the world. Some of the automation is in manufacturing and logistics, but we also have a lot of service robots to augment our workforce. Singapore is also making moves to secure a slice of the growing global robotics market, which is estimated to grow beyond S$60 billion by 2028. The S$60 million investment into the National Robotics Programme (NRP), which I chair with Fred Chew, CEO of A*STAR - Agency for Science, Technology and Research, aims to advance R&D 🔬 and promote robust industry collaborations for eventual research commercialisation 🤝. It will also catalyse the further adoption of robotics across key sectors like manufacturing, healthcare and logistics, while nurturing a skilled talent pool ready to drive and sustain these technological advances. We look forward to partnering with businesses looking to test and scale innovative robotic solutions through Singapore and drive industry transformations in our local ecosystems. 🦾 #robotics #Singapore #innovation #tech #healthcare #manufacturing