Mentions of robotics in just the filings of businesses in the automotive field fell 44% in between the 3rd and fourth quarters of 2021.
In overall, the frequency of sentences similar to robotics in the course of 2021 was 78% increased than in 2016 when GlobalData, from whom our facts for this posting is taken, very first started to track the important troubles referred to in organization filings.
When providers in the automotive business publish yearly and quarterly reports, ESG experiences and other filings, GlobalData analyses the text and identifies personal sentences that relate to disruptive forces facing firms in the coming decades. Robotics is just one of these subjects – organizations that excel and commit in these places are thought to be greater geared up for the foreseeable future company landscape and improved outfitted to survive unforeseen challenges.
To evaluate whether robotics is showcasing more in the summaries and strategies of firms in the automotive field, two steps ended up calculated. To start with, we appeared at the proportion of companies which have mentioned robotics at least the moment in filings for the duration of the previous twelve months – this was 51% as opposed to 31% in 2016. Next, we calculated the proportion of whole analysed sentences that referred to robotics.
Of the 10 most significant businesses in the automotive market, Denso was the enterprise which referred to robotics the most through 2021. GlobalData determined 10 robotics-linked sentences in the Japan-based mostly company’s filings – .2% of all sentences. Mercedes-Benz stated robotics the next most – the challenge was referred to in .11% of sentences in the company’s filings. Other top rated employers with superior robotics mentions incorporated BYD, Lear and Continental.
Throughout all corporations in the automotive field the filing posted in the fourth quarter of 2021 which exhibited the biggest emphasis on robotics arrived from Denso. Of the document’s 1,679 sentences, 10 (.6%) referred to robotics.
This investigation provides an approximate indicator of which organizations are concentrating on robotics and how important the problem is regarded in just the automotive sector, but it also has limitations and should really be interpreted carefully. For example, a business mentioning robotics additional regularly is not necessarily proof that they are utilising new strategies or prioritising the issue, nor does it show whether or not the company’s ventures into robotics have been successes or failures.
In the past quarter, corporations in the automotive business based in Asia ended up most very likely to mention robotics with .12% of sentences in corporation filings referring to the challenge. In contrast, companies with their headquarters in the United States outlined robotics in just .04% of sentences.