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For the third-straight quarter, robot sales in North America hit a record high, driven by a resurgence in sales to automotive companies and an ongoing need to manage increasing demand to automate logistics for e-commerce. The market grew 26% and 29% for units ordered and revenue, respectively, over 2021. Courtesy: Automate.
2022’s growth was sparked by a rebound in the automotive industry as companies are looking to robots to keep the supply chain going and help in the growing electric vehicle (EV) market. billion last year, representing increases of 11% and 18%, respectively, over 2021, the previous record. This is likely going to continue.
The automotive industry has the largest number of robots working in factories around the world: Operational stock hit a new record of about one million units. The automotive industry effectively invented automated manufacturing,” says Marina Bill, President of the International Federation of Robotics.
economy and high interest rates have taken a toll on robot orders in North America, resulting in a decline for the second quarter in a row after record purchases in 2021 and 2022. This drop comes after a record 2022, where North American companies ordered 44,196 robots, up 11% over 2021, the previous record. A slow U.S.
However, the share of business held by commercial and industrial electric motor vendors is being threatened by the automotive sector in the wake of electric vehicles. However, increased demand from the automotive sector via electric vehicles is, and will continue to be, a contributing factor to the staying power of higher prices.
The number of operational industrial robots relative to the number of workers hit 322 units per 10,000 employees in the manufacturing industry. The world’s top 5 most automated countries in manufacturing2021 are: South Korea, Singapore, Japan, Germany and China. Today, China ranks in fifth place.
The combined market share of the top 10 and top 20 leading vendors barely changed between 2018 and 2020 and indeed dropped in 2021. As shown in the figure below, the top 10 vendors of mobile robots, captured just 36% of total industry revenues in 2021. Overall revenue growth rates for vendors ranged from ~150% to negative 50% in 2021.
It is an excellent choice for the manufacturing and automotive industries because to its durability and low maintenance needs. It was a 75% increase over the same period in 2021. Electric vehicle (EV) manufacturers like these motors because of their longevity, dependability, and low maintenance requirements.
in 2021, with non-automotive companies in sectors such as metals, food and beverage, plastics and rubber and others accounting for 58% of the total demand. has seen a significant growth in demand for robots as companies look for ways to meet the challenges caused by a rising shortage of available labor.
Robotics insights Total robotics installations in manufacturing rose more than 10% in 2022 with the automotive industry being the main driver. Non-automotive industries were led by electrical/electronics, which posted almost 30% growth. Sales to automotive declined by 36% with 1,258 units installed in 2022.
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