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Washington’s curbs on foreign robots could slash the U.S.’s humanoid robotics revenue by 58%, as companies lose access to China

Washington’s curbs on foreign robots could slash the U.S.’s humanoid robotics revenue by 58%, as companies lose access to China

Photo: Fortune Crypto

Washington’s trade restrictions could leave the U.S.’s humanoid robotics market nearly 60% smaller than it would otherwise be by 2030, according to market research firm International Data Corporation (IDC). The projection points to a widening split in the global robotics industry: Chinese vendors now ship almost all of the world’s humanoid robots, while U.S. rules curb the American market from much of that supply. On July 28, the Federal Communications Commission (FCC) added “foreign-produced advanced robotic devices” to its Covered List, blocking new models from obtaining the authorization needed for U.S. imports and sales.

Source: Fortune Crypto

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