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Robots: Investment

Asked by Mark SewardsLabourDepartment for Science, Innovation and TechnologyTabled Answered 18 October 2024UIN 8561

The question

To ask the Secretary of State for Science, Innovation and Technology, whether his Department has made an (a) estimate of the potential private sector investment in (i) autonomous delivery robots and (ii) other autonomous technologies by 2030 and (b) assessment of the potential implications of such investment for the Government's economic growth agenda.

Answered by Feryal Clark

A 2021 BEIS report estimated the total economic impact of robotics and autonomous systems uptake across a range of selected sectors (logistics, agriculture, food & drink, construction, energy, infrastructure and health; and excluding manufacturing) to be worth £6.4 billion by 2035 on current adoption trends, and £150 billion under full automation. The department has not undertaken a formal assessment of private sector investment estimates by 2030 in autonomous technologies, including delivery robots.

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