Robotics industry reports 30% drop in orders

Ann Arbor, Mich.-North American robotics companies experienced a 30% decline in new orders during the first nine months of 2001, according to statistics released Nov. 7 by the Robotic Industries Association (RIA).

11/27/2001


Ann Arbor, Mich.- North American robotics companies experienced a 30% decline in new orders during the first nine months of 2001, according to statistics released Nov. 7 by the Robotic Industries Association (RIA).

Through this past September, these manufacturers secured orders for 7,636 robots valued at $556.9 million-a decrease of 30% in units and 37% in dollars below the same period a year earlier. Shipments through September 2001 totaled 8,825 robots valued at $688.1 million-a decrease of 19% in units and 10% in dollars below the first nine months of 2000.

'Like other capital equipment manufacturers, robotics companies continue to feel the impact of the decline in spending in the manufacturing sector,' says Donald Vincent, RIA's executive vp. 'Key customers for robotics in automotive, electronics, food and beverage, pharmaceutical and other industries are continuing to invest in robotics and related manufacturing a lower levels during current downturn in the global economy.'

Besides weak economic conditions, Mr. Vincent added that Sept. 11's terrorist attacks may also have hurt the robotics industry. 'It appeared that an upturn was in sight before Sept. 11, but the terrorism capped it off before it could gain strength. As a result, the third quarter showed a decline of 30% in new orders, which was no better than our average for the first nine months.'





No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Big Data and IIoT value; Monitoring Big Data; Robotics safety standards and programming; Learning about PID
Motor specification guidelines; Understanding multivariable control; Improving a safety instrumented system; 2017 Engineers' Choice Award Winners
Selecting the best controller from several viewpoints; System integrator advice for the IIoT; TSN and real-time Ethernet; Questions to ask when selecting a VFD; Action items for an aging PLC/DCS
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.
Motion control advances and solutions can help with machine control, automated control on assembly lines, integration of robotics and automation, and machine safety.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Big Data and bigger solutions; Tablet technologies; SCADA developments
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
click me