Robotics Industry Posts 30% Growth in North America
Ann Arbor, MI – North American robotics companies are on pace for a record year in 2005, with new orders up 30% in North America in the first nine months, according to new statistics from the Robotic Industries Association (RIA), the industry’s trade group headquartered here.
Through September, a total of 14,840 robots valued at $913.3 million had been ordered by North American manufacturing companies. When sales to companies outside North America are added in, the totals are 15,791 robots, valued at $961.5 million.
‘‘We expect that the final year end numbers will set a record for total robots ordered, eclipsing the mark set in 1999, and will come close to a record in terms of revenue,’‘ said Donald A. Vincent, Executive Vice President of RIA. Vincent noted that robotics prices have fallen over the past several years, making them more affordable than ever for manufacturing companies of all sizes.
According to RIA, the biggest growth areas this year have been for robots used in material handling applications (+45%), arc welding (+37%) and spot welding (+19%). The automotive industry, traditionally the largest robotics user, has increased its robotics orders by 44% this year.
Robotics Industry Posts 30% Growth in North America - Robotics Online
Through September, a total of 14,840 robots valued at $913.3 million had been ordered by North American manufacturing companies. When sales to companies outside North America are added in, the totals are 15,791 robots, valued at $961.5 million.
‘‘We expect that the final year end numbers will set a record for total robots ordered, eclipsing the mark set in 1999, and will come close to a record in terms of revenue,’‘ said Donald A. Vincent, Executive Vice President of RIA. Vincent noted that robotics prices have fallen over the past several years, making them more affordable than ever for manufacturing companies of all sizes.
According to RIA, the biggest growth areas this year have been for robots used in material handling applications (+45%), arc welding (+37%) and spot welding (+19%). The automotive industry, traditionally the largest robotics user, has increased its robotics orders by 44% this year.
Robotics Industry Posts 30% Growth in North America - Robotics Online
Labels: automation, industrial robots, robot business
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