Mentions of robotics in just the filings of providers in the automotive market rose 65% among the 2nd and 3rd quarters of 2021.
In whole, the frequency of sentences associated to robotics between October 2020 and September 2021 was 55% increased than in 2016 when GlobalData, from whom our data for this write-up is taken, initial started to monitor the key challenges referred to in firm filings.
When providers in the automotive industry publish yearly and quarterly reports, ESG experiences and other filings, GlobalData analyses the textual content and identifies unique sentences that relate to disruptive forces going through businesses in the coming a long time. Robotics is a single of these matters – businesses that excel and devote in these areas are believed to be far better prepared for the future enterprise landscape and superior equipped to survive unexpected troubles.
To assess no matter whether robotics is featuring a lot more in the summaries and tactics of companies in the automotive business, two measures were being calculated. First of all, we seemed at the proportion of companies which have described robotics at least the moment in filings all through the earlier twelve months – this was 49% in contrast to 33% in 2016. Next, we calculated the share of full analysed sentences that referred to robotics.
Of the 50 biggest businesses in the automotive field, Yamaha Motor Co Ltd was the business which referred to robotics the most in between October 2020 and September 2021. GlobalData discovered 75 robotics-connected sentences in the Japan-based mostly company’s filings – 1.3% of all sentences. Denso Corp described robotics the next most – the concern was referred to in .6% of sentences in the company’s filings. Other prime companies with superior robotics mentions provided Bridgestone Corp, Schaeffler AG and Kia Corp.
Throughout all providers in the automotive business the filing published in the 3rd quarter of 2021 which exhibited the biggest aim on robotics came from Yamaha Motor Co Ltd. Of the document’s 1,264 sentences, 43 (3.4%) referred to robotics.
This analysis gives an approximate sign of which providers are concentrating on robotics and how crucial the situation is regarded as in the automotive marketplace, but it also has constraints and should be interpreted carefully. For illustration, a business mentioning robotics more on a regular basis is not always evidence that they are utilising new techniques or prioritising the challenge, nor does it point out regardless of whether the firm’s ventures into robotics have been successes or failures.
In the last quarter, providers in the automotive field dependent in Asia were being most probably to mention robotics with .1% of sentences in organization filings referring to the concern. In distinction, organizations with their headquarters in the United States stated robotics in just .02% of sentences.