North American robotics orders jump 17% in 1Q04
North American-based robotics manufacturers saw orders for their robots jump 17% in the first quarter of 2004 (1Q04) compared to 1Q03, according to recent research by the Robotic Industries Association (RIA). This was best new order rate to start a year since the present record was set in 1999.
North American-based robotics manufacturers saw orders for their robots jump 17% in the first quarter of 2004 (1Q04) compared to 1Q03, according to recent research by the Robotic Industries Association (RIA). This was best new order rate to start a year since the present record was set in 1999. Statistics are provided by RIA’s member companies, and represent an estimated 90% of the North American robotics market.
A total of 4,101 robots worth $226.5 million were ordered by North American manufacturing companies in 1Q04. This revenue figure was 3% percent higher than in 1Q04. When sales to companies outside North America are added in, the total robots ordered reaches 4,372 robots, valued at $245.8 million, for gains of 20% in units and 6% in revenue.
Robotic applications posting the strongest gains in 1Q04 were arc welding, material handling, and spot welding.
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