Remove Automotive Remove Consumer Goods Remove Supply Chain
article thumbnail

2023 robot orders down 30% from 2022 in North America, according to A3

Robotics Business Review

The organization said it expects the slowdown, particularly in automotive manufacturing, to continue until the second half of 2024. economy, higher interest rates, and even the over-purchasing of robots in 2022 from supply chain concerns,” said Jeff Burnstein , president of A3, in a release.

Robotics 126
article thumbnail

Robot sales in North America dip 6% in Q1

Robotics Business Review

“It’s particularly encouraging to see that non-automotive customers are continuing to grow their adoption of robots, demonstrating the expanding reach and impact of automation across various industries.” economy, higher interest rates, and even the over-purchasing of robots in 2022 from supply chain concerns.

Robotics 115
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

North American robot orders decline in 2023, A3 report finds

Automation Mag

These 2023 orders were divided almost equally among automotive (15,723 robots sold) and non-automotive companies (15,436 robots sold). There was a 34 percent drop in sales to automotive OEMs and automotive suppliers over 2022 and a 25 percent total decrease in all other industries.

Robotics 112
article thumbnail

What is supply chain?

Fastener News Desk

The supply chain is the interconnected journey that raw materials, components, and goods take before their assembly and sale to customers. McKinsey & Company – Listen to the article: What is supply chain? What is supply chain disruption? What are some supply chain risks?

article thumbnail

A3: Robot sales in North America surge 8.8 percent in Q3 2024, fuelling optimism for 2025

Automation Mag

Non-automotive industries drove demand, accounting for 56 percent of orders (4,113 units), while automotive customers contributed 44 percent (3,216 units). The automotive-specific segment showed mixed results, as automotive component orders surged 61 percent, while automotive OEM orders contracted by 15 percent.

article thumbnail

Weekly Roundup – Could These Risks Derail Your 2023 Engineering Projects? 3 Critical Factors for Industry’s Future, Can Robotics Solve Labor Shortages – Week of 12/05/22

HGR Inc.

Design News asked Matthew Bey, senior global analyst for RANE, a risk intelligence company, about the current supply chain risks that could impact engineering projects in 2023. Robert Cadena | Dec 6, 2022 | Supply Chain Brain. technologies discusses the evolution and impact of data and supply chain visualization tools.

article thumbnail

A3 report: North American robotics market sees 7.9 percent decrease in units ordered in first half of 2024

Automation Mag

“Despite these challenges, the push for operational efficiency and workforce augmentation continues to drive demand for robotics in industries such as food and consumer goods and life sciences, among others. A3 shares that automotive OEMs ordered 4,159 units in the first half of 2024, marking a 14.4 percent to $62.84