If I was going to guess, and I do not have to do so, it appears the US is retooling to update capabilities. Maybe they will put forth a plan to minimize inventory too. The source of all this retooling? Probably using up the money made during the pandemic and also government funds invested in infrastructure. And maybe, they are creating minimal setups to handle a variety of product like we did for one supplier of hoods to Chrysler. Automotive still builds to dart throw annual forecasts and ends up carrying models which are difficult to get rid of at the end of the year. Parking lots full of cars to sell are more expense than the Labor to build them. Robot sales in the second quarter of 2022 were up 25 percent as automotive company orders surge.
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run75441 considers the following as important: Chips, Hot Topics, robotics, US EConomics
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If I was going to guess, and I do not have to do so, it appears the US is retooling to update capabilities. Maybe they will put forth a plan to minimize inventory too. The source of all this retooling? Probably using up the money made during the pandemic and also government funds invested in infrastructure. And maybe, they are creating minimal setups to handle a variety of product like we did for one supplier of hoods to Chrysler.
Automotive still builds to dart throw annual forecasts and ends up carrying models which are difficult to get rid of at the end of the year. Parking lots full of cars to sell are more expense than the Labor to build them.
For the third-straight quarter, robot sales in North America hit a record high, driven by a resurgence in sales to automotive companies and an ongoing need to manage increasing demand to automate logistics for e-commerce.
According to new figures released today by the Association for Advancing Automation, of the 12,305 robots sold in Q2 2022, 59 percent of the orders came from the automotive industry. The remaining orders came from non-automotive companies largely in the food and consumer goods industry, which saw a 13 percent increase in unit orders over the same period, April through June, in 2021.
Jeff Burnstein, president of A3:
“While automotive entities have long been the frontrunner in deploying robotics and automation, the last few years have seen food and consumer goods, life sciences, and other industries grow at even higher rates,”
This quarter shows a marked shift back to historic norms with more robots going to automotive than to any other industry. The continued growth of robotics in food and consumer goods companies especially demonstrates the ongoing need to automate warehouse logistics for handling the exploding growth of e-commerce. We’re excited to share the latest on robots in the logistics space at our upcoming Autonomous Mobile Robots & Logistics Week in Boston in October.”
The 12,305 units sold in Q2 2022 is 25 percent more than sold in the same period in 2021, and 6 percent more than sold in the first quarter of 2022, which saw 11,595 robots sold. The Q2 2022 value of $585 million is the second best quarter ever for revenue, down 9 percent from the previous record quarter — Q1 2022, which saw $646 million in revenue.
When combined with 2022’s first quarter results, the previous record, the North American robotics market is off to its best start ever, with 23,903 robots ordered at a value of $1.2 billion. The market grew 26 percent and 29 percent for units ordered and revenue, respectively, over 2021.
A record fourth quarter in 2021 resulted in the strongest year ever for North American robot sales, with 39,708 units sold at a value of $2 billion, and 2022 is on pace for another record year. Alex Shikany, vice president – membership and business intelligence at A3, will discuss the end-of-year numbers in detail at the next A3 Business Forum in January.
Jeff Burnstein:
“The larger trend toward robots being used to benefit more companies in North America continues. This makes it critical to educate system integrators and users now about how to deploy robots while keeping workers safe. Our International Safety Robotics Conference (ISRC) will specifically address the most up-to-date safety standards, providing the best practices and use cases that will help all companies safely succeed with automation.”
AB: Companies typically put up tall fences to keep the robotics from wandering off. There is a need for creating barriers but not to the extent I have seen. It would be better utilization of funds to create holding areas for tooling and inventories to minimize travel to the cell and after the cell.
In addition to ISRC, scheduled for Sept. 27-29 in Columbus, Ohio, A3 will conduct the Artificial Intelligence & Smart Automation Conference, a one-day event to help those interested start their journey to unlock the power of AI, with discussions on data strategy, advances in AI robotics and machine vision, and AI-powered optimization and prediction. The conference will take place Sept. 29, also in Columbus.
Other industry events include AMR & Logistics Week, scheduled for Oct. 10-13 in Boston, which will be co-located with The Vision Show, as well as A3’s Business Forum scheduled for Jan. 16-18, 2023, in Orlando, an annual networking event for robotics, vision and imaging, motion control and motors, and artificial intelligence industry professionals.
In addition, A3’s Automate Show will take place in Detroit from May 22-25, 2023. The event is billed as the largest showcase of automation in North America.
The Association for Advancing Automation (A3) is the leading global advocate for the benefits of automating. Members of A3 represent nearly 1,100 automation manufacturers, component suppliers, system integrators, end users, academic institutions, research groups, and consulting firms that drive automation forward worldwide.
Robot Sales Surge Across North America, Q2 Sales up 25% to $585M – DBusiness Magazine
Robot Sales Hit Record High in North America for Third-Straight Quarter | Business Wire