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Topic: Economy


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Automation Is a Recession Hedge, Say Speakers at ffVC Drones & Robotics Summit
Automation, including robots, drones, and autonomous vehicles, can not only provide efficiency but also resilience, said speakers at ff Venture Capital's event.

China Bought 44% More Robots in 2021 Than It Did in 2020, Finds IFR Report
China accounted for half of the industrial robot installations worldwide in 2021, according to the International Federation of Robotics.

North American Robot Sales Reach New Records for Third Quarter in a Row, Says A3
North American robot sales continued to set records for year-over-year growth, according to the Association for Advancing Automation. FANUC also saw strong demand.

Robotics and Automation Help Companies Through Economic Challenges, Says Thomas H. Lee Partners
Thomas H. Lee Partners is a leading investor in supply chain and logistics automation startups. Despite economic headwinds, the private equity firm still sees robots as transformative.

Manufacturing in the USA vs. China: AI could be the tipping point
High labor cost and quick time-to-market have driven U.S. manufacturers to be more aggressive with the adoption of industrial artificial intelligence (AI) solutions.

Research from Interact Analysis outlines potential challenges ahead for warehouse automation market
Report predicts double-digit growth for 2019 and 2020, headwinds expected in 2021. Service, maintenance and aftermarket sales will become an increasingly important part of system integrators' business models.

Deloitte/MAPI Study: Smart factories key to tripling stalled labor productivity growth rate by 2030
More than 86% of survey respondents believe smart factory initiatives will be the main driver of manufacturing competitiveness in the next five years, though only 51% are making/have made investments.

First half of 2019 sees continued growth in robotic sales
More than 180,000 robots have been shipped to American companies since 2010, and more than 1.2 million new manufacturing jobs have been created during the same time.

North American machine vision market grew nearly 10% in 2018, broke records for sixth straight year
Smarter and smaller vision technologies serve complex challenges with emerging automation solutions like AI-driven bin picking, autonomous vehicles, and advanced inspection technologies.

North American robot shipments hit record with big non-automotive growth
Shipments to non-automotive companies grew 41% to 16,702 shipments for the year, with food and consumer goods driving nearly 50% of the growth.

Warehousing and Logistics Robot Shipments to Approach 1M Units Annually by 2022, Predicts Tractica
Research by Tractica highlights mobile robot platforms, shuttle AS/RS, industrial robotic manipulators and gantry robots as drivers of market growth.

ELFA announces Top 10 Equipment Acquisition Trends for 2019
ELFA forecasts generally positive economy and solid capital investment with building headwinds and moderated growth by year end.

Year in Review: Top materials handling news in 2018
In a healthy but fiercely competitive landscape, technology continues to play a pivotal role in the ongoing digital transformation of supply chains big and small.

North American robotics orders to non-automotive companies surge to new records
Automotive (52%) and non-automotive (48%) segments are closer than ever in the history of RIA's reports dating back to 1984.

IFR: Global industrial robot sales doubled over the past five years
Global sales value up 21% year over year. United States robot installations increased to 33,192 units in 2017, 6% more than in 2016.



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