The RIA is actively involved in the development of humanoid robots. For decades a staple of science fiction, these machines are now becoming a viable business proposition.
Driven by their quickly emerging capabilities in a variety of applications, the market for humanoid robots should reach $3.9 billion by 2023, growing some 52 percent from 2017 to 2023, according to the RIA. Bipedal (two-legged) machines should account for most of this expansion.
Their chief economic value lies in performing dangerous and labor-intensive tasks formerly done by human beings. For example, they can handle disaster response, inspection, and maintenance functions at power plants. Robots can relieve astronauts of time-consuming routines, serve as caregivers for elderly patients, and provide information for customers. Even farther out, they could one day provide a growth medium for organs for transplantation.
About the Author:
Directing 70 sales representatives, Joseph “Joe” Ciringione serves as the North American division manager for Igus Energy Chain Systems in East Providence, Rhode Island. Joe Ciringione’s responsibilities include its product line of cable management systems. Additionally, Mr. Ciringione maintains membership in the Robotics Industry Association (RIA).
Joseph Ciringione 
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