Mentions of robotics throughout the filings of corporations within the automotive business fell 44% between the third and fourth quarters of 2021.
In complete, the frequency of sentences associated to robotics throughout 2021 was 78% greater than in 2016 when GlobalData, from whom our information for this text is taken, first started to trace the important thing points referred to in firm filings.
When corporations within the automotive business publish annual and quarterly reviews, ESG reviews and different filings, GlobalData analyses the textual content and identifies particular person sentences that relate to disruptive forces going through corporations within the coming years. Robotics is certainly one of these matters – corporations that excel and put money into these areas are considered higher ready for the long run enterprise panorama and higher outfitted to outlive unexpected challenges.
To evaluate whether or not robotics is that includes extra within the summaries and techniques of corporations within the automotive business, two measures have been calculated. Firstly, we seemed on the share of corporations which have talked about robotics not less than as soon as in filings through the previous twelve months – this was 51% in comparison with 31% in 2016. Secondly, we calculated the share of complete analysed sentences that referred to robotics.
Of the ten largest employers within the automotive business, Denso was the corporate which referred to robotics essentially the most throughout 2021. GlobalData recognized 10 robotics-related sentences within the Japan-based firm’s filings – 0.2% of all sentences. Mercedes-Benz talked about robotics the second most – the problem was referred to in 0.11% of sentences within the firm’s filings. Different high employers with excessive robotics mentions included BYD, Lear and Continental.
Throughout all corporations within the automotive business the submitting printed within the fourth quarter of 2021 which exhibited the best deal with robotics got here from Denso. Of the doc’s 1,679 sentences, 10 (0.6%) referred to robotics.
This evaluation supplies an approximate indication of which corporations are specializing in robotics and the way vital the problem is taken into account throughout the automotive business, however it additionally has limitations and must be interpreted rigorously. For instance, an organization mentioning robotics extra commonly will not be essentially proof that they’re utilising new strategies or prioritising the problem, nor does it point out whether or not the corporate’s ventures into robotics have been successes or failures.
Within the final quarter, corporations within the automotive business based mostly in Asia have been most certainly to say robotics with 0.12% of sentences in firm filings referring to the problem. In distinction, corporations with their headquarters in the USA talked about robotics in simply 0.04% of sentences.
