Originally posted 08/13/2007, at Robotics Online
Automotive Orders Rise 76%, Fueling Growth
Ann Arbor, Michigan – New orders received by North American based robotics companies rose 39% in the first half of 2007, according to new statistics from the Robotic Industries Association (RIA), the industry’s trade group.
A total of 9,208 robots valued at $525.2 million were ordered by North American manufacturing companies through June. When orders to companies outside North America are included, total sales for North American based robot suppliers totaled 9,992 robots valued at $563.2 million. These totals represent a gain of 40% in units and 12% in revenue.
The April to June quarter was very strong, with increases of 60% in units and 24% in revenue over the comparable period in 2006.
The 2007 gains can be traced primarily to a 76% jump in orders to automotive manufacturers and their suppliers. ‘‘Automotive industry buying patterns for robots are quite cyclical and this year we’re seeing the upswing,’‘ said Jeffrey A. Burnstein, Executive Vice President of RIA.
For the complete article or more information about RIA and the robotics industry, visit www.roboticsonline.com or contact RIA Headquarters at 734-994-6088.
Founded in 1974, RIA represents more than 250 North American companies including leading robot manufacturers, component suppliers, system integrators, end user, research groups, and consulting firms. RIA’s quarterly statistics are based on data supplier by member companies and represent an estimated 90% of the North American market.
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