What Are the Growth Prospects and Earnings in Robotics and Petroleum Industries?

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SUMMARY

The discussion focuses on the growth prospects and earnings in the robotics and petroleum industries. Participants emphasize the importance of reviewing annual reports from publicly traded companies to access financial data and forecasts. While some organizations, such as Trends Research, provide insights into industry trends, the reliability of such forecasts varies. Overall, understanding industry financials requires analyzing both company-specific reports and broader market research.

PREREQUISITES
  • Understanding of annual financial reports from publicly traded companies
  • Familiarity with industry forecasting methods
  • Knowledge of market research organizations like Trends Research
  • Basic concepts of financial analysis and investment
NEXT STEPS
  • Research how to analyze annual reports from publicly traded companies
  • Explore industry forecasting techniques and their reliability
  • Investigate the role of market research firms in industry analysis
  • Learn about financial metrics used in evaluating industry performance
USEFUL FOR

Students considering careers in robotics or petroleum, financial analysts, and anyone interested in understanding industry growth and earnings potential.

AdrianHudson
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Hey guys! I'm just wondering do you know where I can see the growth and total money made by an industry like say robotics or petroleum.

I just want to see what industry I want to go into when I'm older:)! Thanks
 
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Individual companies, if publicly traded, need to make this information public in their annual reports. Those are on the web.
 
Vanadium 50 said:
Individual companies, if publicly traded, need to make this information public in their annual reports. Those are on the web.

Oh you can't like look at how much annual profit an industry makes and the forecast.
 
AdrianHudson said:
Oh you can't like look at how much annual profit an industry makes and the forecast.
That's not what V indicated. Annual reports and other publications of corporations often contain 'forward-looking statements', although they do not contain their detailed strategy or proprietary information.

There are various organizations to try to look years or decades ahead for trends, but they are rather speculative, although some may be better than others.

And example is Trends Research - http://www.trendsresearch.com/. No endorsement expressed or implied.
 

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