Mentions of robotics in the filings of providers in the automotive sector rose 124% concerning the first and next quarters of 2021.
In total, the frequency of sentences associated to robotics involving July 2020 and June 2021 was 24% increased than in 2016 when GlobalData, from whom our information for this posting is taken, first started to track the critical problems referred to in organization filings.
When corporations in the automotive business publish once-a-year and quarterly studies, ESG experiences and other filings, GlobalData analyses the textual content and identifies specific sentences that relate to disruptive forces going through firms in the coming a long time. Robotics is a person of these topics – businesses that excel and spend in these parts are considered to be superior ready for the upcoming business enterprise landscape and improved equipped to endure unforeseen difficulties.
To assess no matter if robotics is that includes a lot more in the summaries and tactics of firms in the automotive marketplace, two steps were calculated. To start with, we appeared at the share of businesses which have talked about robotics at the very least at the time in filings all through the previous twelve months – this was 49% in contrast to 25% in 2016. Next, we calculated the share of complete analysed sentences that referred to robotics.
Of the 50 most significant companies in the automotive industry, Yamaha Motor Co Ltd was the enterprise which referred to robotics the most involving July 2020 and June 2021. GlobalData discovered 63 robotics-connected sentences in the Japan-primarily based firm’s filings – .9% of all sentences. Denso Corp stated robotics the 2nd most – the concern was referred to in .6% of sentences in the company’s filings. Other top rated businesses with substantial robotics mentions provided Toyoda Gosei Co Ltd, JTEKT Corp and Bridgestone Corp.
Throughout all organizations in the automotive marketplace the filing published in the 2nd quarter of 2021 which exhibited the biggest emphasis on robotics arrived from Yamaha Motor Co Ltd. Of the document’s 1,459 sentences, 9 (.6%) referred to robotics.
This analysis gives an approximate indication of which corporations are concentrating on robotics and how essential the difficulty is regarded inside of the automotive field, but it also has restrictions and really should be interpreted cautiously. For illustration, a organization mentioning robotics more frequently is not always evidence that they are utilising new approaches or prioritising the difficulty, nor does it indicate regardless of whether the company’s ventures into robotics have been successes or failures.
In the past quarter, organizations in the automotive field centered in Asia ended up most possible to point out robotics with .09% of sentences in corporation filings referring to the problem. In contrast, companies with their headquarters in Western Europe pointed out robotics in just .01% of sentences.