Found in Robotics News & Content, with a score of 0.29
…preliminary 2022 data from the International Federation of Robotics (IFR) indicates there is some cooling of the industrial robotics market after record growth in 2022, the long-term outlook for robotics uptake remains bullish. It’s worth noting that A3’s data is based on orders, while the IFR data is based on installations, so there is a lag effect when examining these reports, in that installs/shipments trail orders. The consensus is that over the shorter term, macro-economic factors like inflation and higher interest rates have slowed the industrial robotics market growth somewhat, though the automotive sector remains strong. What’s more, the long-term…
Found in Robotics News & Content, with a score of 0.24
…industry. Recent reports from the International Federation of Robotics (IFR) and A3 may differ on North American market growth, but they both noted that automakers and their suppliers again lead in robotics purchasing and use. The FANUC M-1000ia robot arm (see video below) moving a 1,000 kg (2,205.6 lb.) battery was one of the biggest returning displays on the show floor, coinciding with the industry shift toward electric vehicles. ABB is investing $20 million to modernize and expand its production in Auburn Hills, Mich. In comparison with Automate 2022, there were fewer autonomous mobile robots (AMRs) and automated storage and…
Found in Robotics News & Content, with a score of 0.24
…Milton Guerry, president of the International Federation of Robotics (IFR). Guerry cited e-commerce as a hotbed in particular. “There are thousands of robots installed worldwide today that did not exist in this segment just five years ago,” he said. “Consumer behavior is driving companies to address demand for personalization of both products and delivery.” The others we spoke with concurred. “More and more companies are realizing the numerous advantages robotics provides their businesses,” Guerry added. That list of potential benefits ranges from faster, more accurate picking to reduced labor requirements. Both the labor shortage and a lack of interest in…
Found in Robotics News & Content, with a score of 0.24
…Milton Guerry, president of the International Federation of Robotics (IFR). Guerry cited e-commerce as a hotbed in particular. “There are thousands of robots installed worldwide today that did not exist in this segment just five years ago. Consumer behavior is driving companies to address demand for personalization of both products and delivery,” Guerry said. And no one we spoke with said anything different. “More and more companies are realizing the numerous advantages robotics provides their businesses,” Guerry said. That list ranges from faster, more accurate picking to reduced labor requirements. Both the labor shortage and a lack of interest in…
Found in Robotics News & Content, with a score of 0.18
…the world, according to the International Federation of Robotics (IFR). For Germany, manufacturing made up over 19% of the economy. For the U.S., though, only 11.39% of economic output in 2019 was linked to manufacturing. So what is the relationship between South Korea's use of robotics and its large manufacturing sector? It is complex, but it does show what could be in the future for the U.S. In 2020, South Korea crossed 300,000 industrial robots installed, which was double the number of robots in use from five years earlier. In 2020, the U.S. saw a total of 293,200 industrial robots…