Robohub.org
 

Q1 and Q2 2014 robot sales best ever


by
04 August 2014



share this:
mb-sales-up

Following the International Federation of Robotics’ (IFR) announcement earlier this year that 2013 set an all-time robotics record, the North American Robotics Industries Association announced that 2nd quarter robot sales were the best ever, and the 1st and 2nd quarters combined have set a new record.

Since 2010 the robotics market in North America has grown an average of 26% per year leading up to its record setting first half performance in 2014. A record 14,135 robots, valued at $788 million were ordered from North American robotics companies in the first half of 2014, an increase of 30% in units and 16% in revenue over the same period in 2013. The second quarter of 2014 was the main driver of the market’s record first half, with 8,197 robots valued at $450 million sold to North American customers. This performance shattered the previous record for a single quarter, exceeding the fourth quarter of 2012 by 31% in units and 17% in revenue.

This is not an American phenomena, although it does reflect that the American economy is continuing to advance at a healthy pace.

ChinaDaily reports that Chinese companies are expected to triple their purchases to around 110,000 robots per year by 2020.

“As the world’s second-largest economy, China has huge potential in the robot market, which is prompting more foreign and domestic companies to invest in the sector,” said Wang Ruixiang, head of the China Machinery Industry Federation.

 

According to a recent United Nations report, China is likely to see a sharp fall in its labor force by 2015. The labor shortage and the lack of advanced technologies represent huge business opportunities for the robotics sector, said Song Xiaogang, secretary-general of the China Robot Industry Alliance.

Good news for robotics worldwide!



tags: , , ,


Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.





Related posts :



#ICRA2025 social media round-up

  23 May 2025
Find out what the participants got up to at the International Conference on Robotics & Automation.

Robot Talk Episode 122 – Bio-inspired flying robots, with Jane Pauline Ramos Ramirez

  23 May 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Jane Pauline Ramos Ramirez from Delft University of Technology about drones that can move on land and in the air.

Robot Talk Episode 121 – Adaptable robots for the home, with Lerrel Pinto

  16 May 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Lerrel Pinto from New York University about using machine learning to train robots to adapt to new environments.

What’s coming up at #ICRA2025?

  16 May 2025
Find out what's in store at the IEEE International Conference on Robotics & Automation, which will take place from 19-23 May.

Robot see, robot do: System learns after watching how-tos

  14 May 2025
Researchers have developed a new robotic framework that allows robots to learn tasks by watching a how-to video

AI-powered robots help tackle Europe’s growing e-waste problem

  12 May 2025
EU-funded researchers have developed adaptable robots that could transform the way we recycle electronic waste, benefiting both the environment and the economy.

Robot Talk Episode 120 – Evolving robots to explore other planets, with Emma Hart

  09 May 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Emma Hart from Edinburgh Napier University about algorithms that 'evolve' better robot designs and control systems.

Robot Talk Episode 119 – Robotics for small manufacturers, with Will Kinghorn

  02 May 2025
In the latest episode of the Robot Talk podcast, Claire chatted to Will Kinghorn from Made Smarter about how to increase adoption of new tech by small manufacturers.



 

Robohub is supported by:




Would you like to learn how to tell impactful stories about your robot or AI system?


scicomm
training the next generation of science communicators in robotics & AI


©2025.05 - Association for the Understanding of Artificial Intelligence


 












©2025.05 - Association for the Understanding of Artificial Intelligence