The document discusses how the global robotics industry is expected to grow significantly over the next decade, driven by factors like increased industrial automation and demand from small- and medium-sized enterprises. It states that for continued growth, new high-value applications must be unlocked, as cost barriers dampen growth in low-volume production. However, if applied correctly to address issues like access to goods, cost of living, and sustainability, robotics can positively impact billions of lives and drive progress for both the industry and society. The document supports United Nations initiatives aiming to foster global prosperity through manufacturing, industrialization, and robotics.

1. Global Prosperity and the
Robotics Industry
By: Chris Moehle

2. Global Prosperity and the Robotics Industry
An experienced robotics industry venture investor, Chris Moehle serves The Robotics Hub as
managing director. In this role, he helps startups through venture capital funding and advisory
support. Through this, Chris Moehle helps contribute to the startups' growth phase and ensures
that these firms take part in both the development of the robotics industry, and robotics' application
as a general problem-solving tool.

3. Global Prosperity and the Robotics Industry
In 2017, the international robotics market was valued at $35.59 billion, and it is expected to grow to
$97.41 billion by the end of 2026. During this period, the compound annual growth rate (CAGR) is
forecast at 11.8 percent.

4. Global Prosperity and the Robotics Industry
The factors that will drive the market into this expected growth include increased investments in
industrial automation, increased demand for low-cost robots in various industries, and the growing
demand from small and medium enterprises in developing countries. However, the cost/benefit of
installing robots in low-volume production operations are seen to dampen this growth. For this
reason, it is essential to the trajectory of the industry that new high value applications be unlocked.

5. Global Prosperity and the Robotics Industry
Fortunately, the benefits of robotics also align with the key systemic problems facing our society if
applied correctly. Examples include access to goods and information, basic cost of living, and
societal sustainability. If done right, robotics and associated technologies such as advanced
manufacturing and logistics can and should positively affect the lives of billions of people in each
instance of the technology being applied. This creates an attractive future for the industry, where
the rise of new applications continues to drive forward progress of both the industry and our larger
society.

6. Global Prosperity and the Robotics Industry
This is the core thesis of the current United Nations' Sustainable Development Goals. To foster
these goals, the UN has helped charter initiatives such as the Global Manufacturing and
Industrialization Summit (gmisummit.com) the Initiative for Global Prosperity
(makingprosperity.com) The Robotics Hub is proud to work alongside Honeywell, SAP, and Airbus
in Partnering on this important set of initiatives. Through the growth in robotics' adoption, the
prosperity we make together can be one that benefits all of us..