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North American robot orders dropped 30% last year
After two years of flying high, industrial robot orders dropped by nearly one-third last year. Per the Association for Advancing Automation (A3), 31,159
These numbers throw a bit of cold water on what has been regarded as a white-hot industry dating back at least to the beginning of the pandemic. Industrial robots aren’t exactly a luxury item, but they are big-ticket purchases with a lot of upfront costs, pushing many to begin considering the robotics-as-a-service (RaaS) rental model. Robots, on the other hand, are a common sight in automotive manufacturing, which has a decades-long head start on the rest of the industry.
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