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Japanese government plan robotics and medical market each $12 billion by 2015


  • Listed: 06/15/2014 11:09 am
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Japanese government plan robotics and medical market each $12 billion by 2015
 

Robotics to boost economic growth in Japan
Date: Jun 15, 2014
Source: NHK World

The Japanese government will promote the use of robots to start a new industrial revolution and double the size of the robotics market in the manufacturing sector by 2020.

It plans to include measures to promote the robotics industry in its draft of its new growth strategy.

The government says robotics technology will be used to improve the productivity and profitability of Japanese businesses.

The government hopes to double the robotics market in the manufacturing sector to about 12 billion dollars by 2020.

It also hopes to expand the market in the services sector in fields such as medical and nursing care by 20 times to about 12 billion dollars during the same period.

The draft proposal will be presented to a government panel on Monday. Cabinet ministers are expected to approve it later this month.

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