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Robot orders down in first quarter of 2023

Control Engineering

Automotive customers accounted for 68% of all robot orders in Q1, with 5,659 robots purchased. During Q1, non-automotive orders in consumer goods, semiconductor & electronics, plastics & rubber, life sciences/pharmaceutical/ biomedical, metals, and others purchased 3,519 robots, down 42% over Q1 2022.

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Manufacturing industry recovery dependent on prudent fiscal policies

Control Engineering

Global manufacturing insights The Interact Analysis Manufacturing Industry Output (MIO) Tracker predicts a slight dip in global manufacturing industry output in 2024, followed by an uptick in 2025, contingent on appropriate fiscal policies and stimulus initiatives. this year.