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 :



Ranking the best humanoid robots of 2023

Is Rosie the Robot Maid from the Jetsons here yet? As more and more companies announce their work towards the affordable humanoid robot, I wanted to create a reference chart.
03 June 2023, by

Robot Talk Episode 51 – James Kell

In this week's episode of the Robot Talk podcast, host Claire Asher chatted to James Kell from Jacobs Engineering UK all about civil infrastructure, nuclear robotics and jet engine inspection.
02 June 2023, by

Automate 2023 recap and the receding horizon problem

“Thirty million developers” are the answer to driving billion-dollar robot startups, exclaimed Eliot Horowitz of Viam last week at Automate.
01 June 2023, by

We are pleased to announce our 3rd Reddit Robotics Showcase!

The 2021 and 2022 events showcased a multitude of fantastic projects from the r/Robotics Reddit community, as well as academia and industry. This year’s event features many wonderful robots including...
30 May 2023, by

European Robotics Forum 2023 was a success!

One of the highlights of the conference for us was our workshop "Supporting SMEs in Bringing Robotics Solutions to Market", where experts gave insights on how DIHs can create a greater impact for SMEs and facilitate a broad uptake and integration of robotics technologies in the industry.
28 May 2023, by

Helping robots handle fluids

Researchers create a new simulation tool for robots to manipulate complex fluids in a step toward helping them more effortlessly assist with daily tasks.
27 May 2023, by





©2021 - ROBOTS Association


 












©2021 - ROBOTS Association