Fast 2014 Start for NA Robotics
Fueled by strong demand from manufacturing companies in all sectors, the North American robotics industry is off to its fastest start ever in 2014, according to new statistics released from Robotic Industries Assn. (RIA).
A record 14,135 robots, valued at $788 million were ordered from North American robotics companies in the first half of 2014, an increase of 30% in units and 16% in revenue over the same period in 2013. The second quarter of 2014 was the main driver of the market’s record first half, with 8,197 robots valued at $450 million sold to North American customers.
This performance shattered the previous record for a single quarter, exceeding the fourth quarter of 2012 by 31% in units and 17% in revenue.