North American Robotics Market Records Strongest Opening Quarter Ever
ANN ARBOR, MI — The North American robotics market set new records to begin 2016, according to Robotic Industries Association (RIA), the industry’s trade group.
A total of 7,406 robots valued at approximately $402 million were ordered from North American companies during the first quarter of 2016. The number of units ordered in the first three months of 2016 is a new record among opening quarters, growing seven percent over the same period in 2015. Order revenue, however, decreased by eight percent in the first quarter. Robot shipments also set a new opening quarter record, with 7,125 robots valued at $448 million being shipped to North American customers. This represents growth of two percent in units and 21% in dollars over the same quarter of last year.