In the realm of the technology industry, robotics stands as a transformative force, with companies such as Hyundai Motor Co and Walmart Inc harnessing cutting-edge patents to drive innovation. Despite a decline in patent applications and strategic deals, the demand for robotics-related talent remains robust, particularly in roles related to computer and mathematical occupations, reflecting the ongoing evolution and adoption of robotics technologies worldwide. The impact of robotics extends beyond the technology sector, influencing various industries. GlobalData’s robotics market report provides comprehensive analysis of the robotics market. Buy the report here.

This article presents a quarterly round-up of the latest trends in the technology industry regarding robotics. It provides an overview of recent developments in robotics-related deals, talent acquisition, and patent filings within the technology industry.

Diverse applications of robotics in technology industry

Technology companies like Hyundai Motor Co, Integrated Recycling Technologies, Walmart Inc, and LG Corp are leveraging the latest patents in robotics to innovate and improve their businesses. These patents cover a range of applications such as ground clutter avoidance for mobile robots, automated sorting methods for circuit board recycling, object replacement systems, and federated learning in wireless communication systems. By acquiring these patents, the companies can benefit from improved navigation for robots, efficient recycling processes, automated object replacement, and enhanced learning capabilities in wireless communication systems. Overall, these new robotics technologies and applications will enable the acquirers to enhance their operations, increase efficiency, and stay at the forefront of technological advancements in the field of robotics.

The industry experienced a 44% decline in the number of robotics-related patent applications in Q4 2023 compared with the previous quarter. On an annual basis, the number of robotics-related patent applications in the technology industry witnessed a drop of 10% compared with Q4 2022.

Strategic deal trends in robotics in technology industry

Technology companies are not only focusing on innovation to enhance their patent portfolios but are also making strategic investments in robotics. These investments aim to secure lucrative deals with partners and position themselves at the forefront of industry advancements. Some of the recent deals underscore the importance of robotics in the technology industry.

In Q4 2023, the number of robotics-related deals in the technology industry declined by 27% compared with Q4 2022. On a quarterly basis, there was 8% drop in the number of deals in Q4 2023 compared with the previous quarter.

Impact on hiring

In terms of new job posting, in Q4 2023, the technology industry experienced a 1% drop compared with the previous quarter. On an annual basis, job postings also declined by 52%. Notably, computer and mathematical occupations, with a share of 35%, emerged as the top robotics-related job roles within the technology industry in Q4 2023, with new job postings rising by 13% quarter-on-quarter. Architecture and engineering occupations came in second with a share of 13% in Q4 2023, with new job postings dropping by 4% over the previous quarter. The other prominent robotics roles include management occupations with an 11% share in Q4 2023, and installation, maintenance, and repair occupations with a 4% share of new job postings.

International Business Machines, Crown Castle, Nvidia, Accenture, and ASM International are among the top companies leading in robotics hiring within the technology industry.

Countries driving adoption of robotics in technology industry

The US is the leading country in robotics adoption within the technology industry, boasting the highest number of robotics-related patents, jobs, and deals. Meanwhile, China, India, Japan and South Korea also maintain significant positions in robotics adoption within the technology industry.

While facing a downturn in patent applications and deals, the technology industry maintains a strategic focus on robotics, reflecting its continued significance and potential for transformative advancements. This underscores a resilient commitment to innovation in the dynamic field of robotics.

To further understand GlobalData's analysis on robotics in the technology industry, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData patent analytics tracks patent filings and grants across companies and themes. Proprietary databases on deals and job analytics are used to respectively monitor global deal activity and uncover insights from daily job postings to identify trends, company activities, and industry dynamics across different sectors globally.