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Robot Invasion Hit a Bump in 2023

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A robotic arm positions pieces of stiffened fabric for a demonstration of automated sewing at the Industrial Sewing and Innovation Center in Detroit, MI.

Companies In North America bought 31,159 robots in 2023, a decrease of 30% over the year before, the largest drop in percentage terms since 2006 and largest drop ever in net units, said the Association for Advancing Automation.

Credit: Industrial Sewing and Innovation Center

The Association for Advancing Automation reported a 30% decline in robot orders by companies in North America to 31,159 last year amid higher interest rates and concerns about a potential economic slowdown.

This follows a record year for robot sales in 2022 and marks the biggest percentage drop since 2006 and the largest decrease in net units recorded thus far.

From Reuters
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