Taken from: http://snip.ly/0eeu#http://fortune.com/2015/11/06/five-fascinating-facts-robotics-marketAn analyst report explains why the robot industry is booming.The robot industry is experiencing a boom period that’s not likely to slow anytime soon.Bank of America Merrill Lynch BAC released a report this week that said that annual global sales of robots reached a record $10.7 billion in 2014. The authors valued the overall market for robotic technologies, which also includes related software and sensors, at $32 billion for the same year. By 2020, the authors expect the robot market to be worth $83 billion.
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