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Supplychain problems, semiconductor shortages and the war in Ukraine continue to affect global markets. Research from Interact Analysis reveals order backlogs resulting from the COVID-19 pandemic fueled the sector over the year, while most drive manufacturers also reported price increases in 2022. through to 2027.
We forecast an installed base of over 4 million mobile robots by the end of 2027, 1.5 million of which will be installed in 2027 alone. Meanwhile, revenue growth will average 30-40% annually out to 2027. Logistics mobile robot revenues to exceed 1 million by 2027. billion by 2027 – up from just under $3 billion today.
in 2022 thanks to long-term demand for industrial robots to be fueled by the electric vehicle (EV) manufacturing sector. Average selling prices of industrial robots will decrease by around 3% annually over the next 5 years and growth is expected to be 5 to 7% through 2027. Robotics insights Industrial robot revenues grew by 14.9%
from 2022 to 2027. Courtesy: Interact Analysis Growth driven by surge in collaborative robots and SCARA robots Demand for collaborative robots in industrial applications increased rapidly during the past two years and the momentum is expected to continue during our forecast period out to 2027. from 2022 to 2027.
Out to 2027, shipments of collaborative robots in EMEA will decrease from 19.5% and European collaborative robot market as a result of inflation and ongoing supplychain disruptions. and European collaborative robot market as a result of inflation and ongoing supplychain disruptions.
Recent announcements include GM and Samsung SDI unveiling plans to invest $3bn in a joint venture EV battery manufacturing plant in the US. We are predicting year-on-year growth will remain below 10% in the medium-term with a shallow recession in 2024 and the growth rate failing to recover to 2022 levels out to 2027.
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