Robot Sales Hit Record High in North America for Third-Straight Quarter

2022-09-06

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 the Association for Advancing Automation, of the 12,305 robots sold in Q2 2022, 59% of the orders came from the automotive industry with the remaining orders from non-automotive companies largely in the food & consumer goods industry, which saw a 13% increase in unit orders over the same period, April through June, in 2021.

 

“While automotive entities have long been the frontrunner in deploying robotics and automation, the last few years have seen food & consumer goods, life sciences and other industries grow at even higher rates,” said A3 President Jeff Burnstein. “While 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 & consumer goods companies especially demonstrates the ongoing need to automate warehouse logistics for handling the exploding growth of e-commerce.”

The 12,305 units sold in Q2 2022 is 25% more than sold in the same period in 2021 and 6% 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% 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 $1.249 billion. The market grew 26% and 29% 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.

Previous:What could laser interferometer do in the field of metrological verification
Next:China Grows Industrial Robot Installations By 44 Percent In 2021