Factory robot installations continue to climb

News Story
- 3 Oct 2024 ( #1199 ) - Frankfurt, Germany
2 min read
Factory robot installations increased 10% in 2023
Factory robot installations increased 10% in 2023

Asia accounted for 70% of new robot installations in factories in 2023, the latest report from the International Federation of Robotics reveals, while new factory robot installations globally increased 10%.

China is the largest market with 276,288 industrial robots installed in 2023, representing 51% of the global installations. The country also had 1.8 million units in 2023, “making China the first and only country in the world with such a large robot stock”.

Japan is the second largest market for industrial robots with installations reaching 46,106 units in 2023.

India is one of the fastest growing markets, increasing its installations in 2023 by 59%, to 8,510 units.

At the end of 2023, there were 4,281,585 units operating in factories internationally; unsurprisingly a record high.

Europe accounted for 17% of new factory robot installations in 2023 and the Americas for 10%.

Industrial robot installations through Europe in 2023 increased 9% to a new high of 92,393 units, with Germany accounting for the highest growth in Europe, up 7% year-on-year to 28,355 units.

In the Americas, factory robot installations fell by 1% to 55,389 units, in part the result of weakening demand from the US automotive industry.

President of the International Federation of Robotics Marina Bill says: “The new World Robotics statistics show an all-time high in the number of industrial robots automating production around the world”.

“The annual installation figure of 541,302 units in 2023 is the second highest in history,” Bill adds. “It is only 2% lower than the record of 552,946 units installed in 2022.”

The International Federation of Robotics says while the OECD has forecast global growth in robotics to stabilise, “geopolitical headwinds are still perceived as a major risk and uncertainty factor”.

“By 2024, the global economic downturn will have bottomed out," the 2024 report states. "Global robot installations are expected to level off at 541,000 units. 

“Growth is expected to accelerate in 2025 and continue in 2026 and 2027. There are no signs that the overall long-term growth trend will end in the near future.”

Walmart plans $200 million spend on forklifts, report
Walmart plans $200 million spend on forklifts, report 1 Aug 2024 - New York, NY, United States - 1 min read
Westhof BIO deploys Movu fleet
Westhof BIO deploys Movu fleet 27 Jun 2024 - Hamburg, Germany - 1 min read
First Supply adds Exotec robotics
First Supply adds Exotec robotics 30 May 2024 - Atlanta, GA, United States - 1 min read
Previously about:
Robots for recruitment, IFR News Story - 7 Sep 2023 - Frankfurt, Germany - 1 min read
Do you have materials handling news? Submit your news here

PREMIUM business

Combilift Ltd
Manufactures world class 4-way Handling Solutions

Of course, there’s no right time advertising without right place advertising.
And when you’re looking to target the materials handling market, Forkliftaction is the ideal place.
⇒ Reach a sizable global audience of 71,500+ business people. 
⇒ Subscribed for the latest in materials handling.
⇒ Invested in making sound decisions for their operations.

DOWNLOAD OUR NEW MEDIA KIT for audience statistics and a concise overview of our advertising offer.

Words of support …

I know I can count on them. They give valuable suggestions on the campaign planning, and to publish content is as easy as abc, as they take care of the material layout and check links. This is a great support.

Annalisa Castellini, Marketing Manager - Bolzoni S.p.A.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Of course, there’s no right time advertising without right place advertising.
And when you’re looking to target the materials handling market, Forkliftaction is the ideal place.
⇒ Reach a sizable global audience of 71,500+ business people. 
⇒ Subscribed for the latest in materials handling.
⇒ Invested in making sound decisions for their operations.

DOWNLOAD OUR NEW MEDIA KIT for audience statistics and a concise overview of our advertising offer.

Showcased in the Virtual Expo

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

VETTER Forks, Inc.
The world's most comprehensive product range as well as the most intelligent sensor fork for more safety and efficiency.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Of course, there’s no right time advertising without right place advertising.
And when you’re looking to target the materials handling market, Forkliftaction is the ideal place.
⇒ Reach a sizable global audience of 71,500+ business people. 
⇒ Subscribed for the latest in materials handling.
⇒ Invested in making sound decisions for their operations.

DOWNLOAD OUR NEW MEDIA KIT for audience statistics and a concise overview of our advertising offer.