This year saw the best opening quarter for North American robotics orders, the industry’s trade group, Robotic Industries Association (RIA), reported today.
The 7,406 total orders from January through March 2016 was a 7% increase from the previous year’s first quarter of 6,895. The total value of these sales is approximately $402 million, a drop of 8% from the same period last year.
It is encouraging to see so many new companies adopting robotics for use in their operations,” said Jeff Burnstein, President of RIA. “Companies of all sizes are realizing that robots are more affordable than ever before and can help them increase their productivity to remain competitive in today’s global economy.”