2023 North America Robot Orders Down 30%

2023 North America Robot Orders Down 30%

Robot sales in North America experienced a 30% decline in 2023 after two years of record orders, according to the Association for Advancing Automation (A3). In total, 31,159 robots were purchased in 2023, compared to 44,196 in 2022 and 39,708 in 2021. Automotive and non-automotive companies each accounted for around half of these sales, with a 34% decrease in automotive sales and a 25% decrease in other industries. Factors contributing to this decline include a slow U.S. economy, higher interest rates, and over-purchasing of robots in 2022 due to supply chain concerns. However, industry experts are optimistic for a rebound in the second half of the year.

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FAQ: 2023 North America Robot Orders Down 30% - Supply and Demand Chain Executive

Frequently Asked Questions

Q1: What is the current state of North America robot orders?

A1: In 2023, North America experienced a decline in robot orders by 30% following record sales in the years 2021 and 2022.

Q2: What led to this significant drop in robot orders?

A2: The decline can be attributed to a return to typical sales levels, along with “over purchasing” by some buyers during previous years due to heightened supply chain concerns.

Q3: What are the sources for this information on robot orders?

A3: The statistics regarding the 2023 decline in robot orders are reported by the Association for Advancing Automation (A3), as cited in various articles by Supply & Demand Chain Executive, and Modern Materials Handling.

Q4: Were the previous years' sales of robots high?

A4: Yes, both 2021 and 2022 saw record orders for robots in North America before the decline in 2023.

Q5: What is the industry’s outlook after the decline in robot orders?

A5: While specific articles from Supply & Demand Chain Executive and others have not commented explicitly on the future outlook, industry responses to sales fluctuations are common, and interest in robotics and automation remains significant as companies continue to seek efficiency and productivity improvements.

For detailed information and context surrounding the 2023 North America robot order decline, please refer to the articles on Supply & Demand Chain Executive and Modern Materials Handling.