The European Commission (EC) has launched an initiative to help companies take a larger share of the global robotics market.
The commission has joined forces with European robotics manufacturers and research institutes to launch a Public Private Partnership (PPP).
The partnership is set to launch in 2013 and is the latest part of the EC's continuing Digital Agenda.
A strong robotics industry is key to Europe's future competitiveness.
The EC has already funded more than 120 robotics research projects worth around 600 million (482 million) in the last five years.
EC vice president Neelie Kroes signed a Memorandum of Understanding to help strengthen the EU robotics sector.
The commission said that robotics is an important driver in the European economy, with the sector accounting for about a quarter of the worldwide production in industrial robotics.
The domestic and professional service robot markets are expected to grow by 40 per cent in the coming years, with the strongest growth in rescue, security and professional cleaning applications, the EC claims.
By 2020, the commission said service robotics could reach a market volume of more than 100 billion per year.
The PPP will be responsible for improving the industrial competitiveness of Europe through innovative robotic technologies, as well as providing robotic products and services as key enablers to help solve Europes societal challenges.
It also plans to strengthen the networking activities of the European robotics community and reach out to existing and new users.
"A strong robotics industry is key to Europe's future competitiveness. Growing our robotics industry means new jobs and a strong European manufacturing sector," said Kroes.
The EC did not divulge which academic institutions and companies will be part of the PPP, but said that partners would prepare a proposal that the Commission would examine and endorse.
-
Should AI PCs be part of your next hardware refresh?AI PCs are fast becoming a business staple and a surefire way to future-proof your business
-
Westcon-Comstor and Vectra AI launch brace of new channel initiativesNews Westcon-Comstor and Vectra AI have announced the launch of two new channel growth initiatives focused on the managed security service provider (MSSP) space and AWS Marketplace.
-
‘Not if, but when’: Where are the autonomous robots?In-depth Robots are already common in manufacturing, but where are the autonomous robots of the future and what form will they take?
-
The Forrester Wave™: Robotic Process Automation ServicesWhitepaper The 15 providers that matter most and how they stack up
-
MOV.AI’s robotics engine platform aids AMR productionNews New platform automates autonomous mobile robot development with visual IDE, open API framework, 3D physics simulator, and more
-
ANYbotics taps Velodyne to enhance autonomous robots’ navigationNews ANYbotics will incorporate Velodyne’s Puck Lidar sensors into its mobile robots
-
Infostretch and Automation Anywhere join forces to deliver hyperautomationNews New deal will help organizations establish RPA centers of excellence
-
Telepresence medical robot market set to reach $159.5 million by 2028News Increasing adoption of robots in health care settings and product innovations are contributing to the market's growth
-
Boston Dynamics announces commercial sales of Spot RobotNews Boston Dynamics launches its first online sales offering with Spot Robot
-
Changing the Games: Why Tokyo 2020 will be the most technologically advanced Olympics yetIn-depth Japan is hoping to amaze athletes and fans alike at the upcoming Tokyo 2020 Olympics, with a host of cutting-edge innovations. Can it deliver on its promise?
