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Robot sales off 36% in North America through September.(ria UPDATE)
Softening of automotive sales has a major impact on the robotics industry, as new orders received by North American based robotics companies were down 36% through the first nine months of 2006. On a positive note, orders not related to automotive applications were down just 3%, according to new statistics released by Robotic Industries Association (RIA, www.roboticsonline.com), the industry's trade group.
"With robot orders from the automotive sector down 49% so far this year, it's no surprise we're in the midst of a down year for the robotics industry," said Donald A. Vincent, Executive Vice President of RIA. "Automotive orders are traditionally quite cyclical and were at record levels last year. We expect to see automotive orders turn up within the next year or two as automotive manufacturers and their suppliers ramp up spending for future new product launches," he added.
Vincent pointed out that the robotics industry has shown resilience in a business environment that has not been positive: "However, in the overall down market, we're encouraged by the relatively small decline in non-automotive orders. In fact, we've seen modest growth in some sectors, including life sciences and pharmaceutical and plastics and rubber."
Vincent said that 9,564 robots valued at $698.3 million were ordered by North American companies through September. With orders outside of North America ...
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