Over 500,000 industrial robots shipped in 2023 | Robotics

• Industrial robot market long term growth forecast remains positive, with 3.7% average annual growth expected between 2024 and 2028.
• Sales of industrial robots to the automotive segment faced significant pressure in 2023 resulting in sluggish growth, particularly in the Americas.
• Industrial robot market growth trajectory in line with global manufacturing output figures.

London, 6th June 2024 – Overall global industrial robot shipment volumes exceeded 500,000 units in 2023, according to global market research firm Interact Analysis. This was a similar level to that seen in 2022 but the average price of industrial robots decreased last year. After a record high in 2021, 2023 reached a low point in terms of revenues and shipments but the long-term forecast remains positive. The global industrial robot market is expected to grow on average, by 3.7% per year between 2024 and 2028.

Taking a look at the market by industry and region, sales of industrial…

Source www.roboticstomorrow.com

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