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The German robotics and automation business is poised to hit an all-time excessive in 2023, based on the VDMA Robotics + Automation Association. The business is forecast to extend gross sales by 13% in 2023, reaching 16.2 billion euros (round $17.7 billion).
This is a rise from estimations that VDMA Robotics + Automation made earlier within the 12 months, when the affiliation anticipated the sector to develop 9% in 2023.
“The robotics and automation industry is on course for growth,” Frank Konrad, chairman of VDMA Robotics + Automation, stated. “In 2023, the previous record result from 2018 of 15.1 billion euros with an expected turnover of 16.2 billion euros should be significantly exceeded. Full order books are currently shaping the market situation. During the pandemic, providers have built up large order books, which the easing bottlenecks in the supply chains are now being worked off step by step. Our industry is finally leaving the pandemic behind.”
Important sub-sectors have developed effectively in 2022 and can proceed to develop in 2023. The industrial picture processing division, for instance, grew 11% in 2022, with gross sales reaching 3.4 billion euros.
The built-in meeting options sub-sector additionally noticed development in 2022, with gross sales rising by 5% to achieve 7.4 billion euros, and is anticipated to develop by 17% this 12 months, with gross sales reaching 8.7 billion euros.
While robotics gross sales solely elevated 1% in 2022 to three.5 billion euros, 2023 ought to fare higher for the sector. VDMA Robotics + Automation expects it to develop by 12% in 2023 to three.9 billion euros.
Germany faces world competitors
Despite this development, VDMA Robotics + Automation expects Germany to fall behind China in robotic density by the top of 2023. Germany was the fourth-most automated nation worldwide in 2020 and 2021, with the nation reaching 397 industrial robots for each 10,000 workers in 2021, based on the International Federation of Robotics (IFR).
While Germany’s robotics business has been rising, China’s has been rising at a way more fast tempo. The nation noticed an enormous soar in robotic installations in 2021, placing it forward of the US for the primary time. China’s industrial robotics market noticed 243,300 installations in 2021, a 44% enhance from the 12 months earlier than.
“We welcome the initiative of the Federal Chancellor’s Future Council to strengthen robotics and automation in Germany,” Konrad stated. “In view of the brand new challenges, there isn’t any time to relaxation in worldwide competitors.
In explicit, Germany’s robotics and automation business has numerous room for development in service sectors, which generate 70% of the general financial worth added for the nation.
The VDMA Robotics + Automation Association is a commerce affiliation that’s made up of greater than 370 member corporations. These corporations embrace suppliers of parts and methods for robotics, built-in meeting methods and machine imaginative and prescient.