Record Year for North American Robot Orders, Shipments
In 2016, the North American robotics market broke all-time records for orders and shipments, according to a report from the Robotic Industries Association (RIA). During the year, 34,606 robots valued at approximately $1.9 billion were ordered in North America, representing growth of 10 percent in units over 2015. The automotive industry experienced another strong year with orders growing 17 percent. Units shipped to North American customers also grew by 10 percent, with 30,875 robots valued at $1.8 billion shipped in 2016. Shipments into the automotive market grew 25 percent relative to 2015.
The fourth quarter of 2016 alone saw North American orders of 10,621 robots valued at $561 million, a growth rate of 18 percent in units ordered and 21 percent in revenue over the fourth quarter of 2015. Q4 shipments grew 33 percent on a unit basis with shipments of 8825 robots valued at $494 million.
See also: Robotic Industries Association
Related Enterprise Zones: Automation
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