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For the third-straight quarter, robot sales in North America hit a record high, driven by a resurgence in sales to automotive companies and an ongoing need to manage increasing demand to automate logistics for e-commerce. The market grew 26% and 29% for units ordered and revenue, respectively, over 2021. Courtesy: Automate.
The combined market share of the top 10 and top 20 leading vendors barely changed between 2018 and 2020 and indeed dropped in 2021. As shown in the figure below, the top 10 vendors of mobile robots, captured just 36% of total industry revenues in 2021. Overall revenue growth rates for vendors ranged from ~150% to negative 50% in 2021.
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