Sunday, November 07, 2010
Positive Market Signs from Japan
A recent November report carried out by JARA, the Japanese Robot Association, shows significant growth of +86,1% in Q3 2010 robot orders in Japan. This was four consecutive quarters of positive growth. The production value was 2,4 times higher than one year ago.
According to JARA robot demand is driven by the automotive industry that is shifting to electric cars and hybrid vehicles, the electronic industry under strong sales of telecommunications equipment and semiconductor industry.
Looking at the overseas market, China has become the center for mounting electronic components and welding due to strong smartphone sales. In addition, exports to Europe are going up.