According to ASSEMBLY magazine’s annual Capital Equipment Spending Survey, demand for robots will continue unabated this year. Sales of six-axis robots, SCARAs, grippers and other robotic technology are expected to increase 11 percent, from $720 million in 2023 to $799.4 million in 2024.

Thirty-eight percent of plants will purchase robots next year, a record high. Demand for robots should be particularly strong in the automotive, aerospace and electronics industries.