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Teradyne’s industrial automation group, which incorporates AutoGuide Cell Robots, Energid, Cell Industrial Robots and Common Robots, generated $376 million in income in 2021. That marks a 34% improve from the $280 million generated in 2020.
Common Robots (UR) elevated gross sales 41% for the yr, whereas Cell Industrial Robots (MiR) grew gross sales 42% in 2021. Income for AutoGuide Cell Robots declined and was beneath $2 million, and Energid’s is lumped in with UR’s collaborative robotic arms.
Teradyne stated it expects its industrial automation enterprise to “energy together with 35% plus development” in 2022.
Here’s a recap of the group’s revenues for every quarter of the final two years:
Teradyne Industrial Automation Income 2020-2021
| 2020 | Income ($M) | 2021 | Income ($M) | Improve |
|---|---|---|---|---|
| Q1 | 60 | Q1 | 80 | 33% |
| Q2 | 59 | Q2 | 92 | 56% |
| Q3 | 69 | Q3 | 91 | 32% |
| Q3 | 92 | This autumn | 113 | 23% |
| Whole = $280M | Whole = $376M | 34% | ||
Common Robots units data
UR itself generated a file $311 million in income in 2021, which accounts for almost 83% of all income for Teradyne’s industrial automation group. UR’s income elevated 41% over 2020 ($220 million) and 23% up on pre-pandemic ends in 2019.
Teradyne’s earnings name highlighted the expanded use of UR’s cobot arms in welding purposes. Welding purposes now account for greater than 6% of UR gross sales. Teradyne stated that’s greater than 3x above 2020 ranges.
Common Robots Income 2021
| Quarter | Income ($M) |
|---|---|
| Q1 | 60 |
| Q2 | 76 |
| Q3 | 78 |
| This autumn | 97 |
| Whole = $311M |
“Common Robots has had an awesome yr,” stated UR president Kim Polvsen.”In an organization like ours, which manufactures subtle {hardware} to prime quality requirements, this kind of development requires large dedication from all concerned. Our manufacturing crew in Denmark has damaged inner data for the variety of cobots constructed, producing 400 cobots in a single week in This autumn. Our provide chain consultants have labored laborious to maintain our enterprise operating easily regardless of world provide challenges.”
UR generated $97 million in income in This autumn, its largest quarterly income quantity ever. That marks a 22% improve on This autumn 2020 and 28% up on This autumn 2019.
“Our development is pushed by a number of long-term traits, together with workforce shortages and
rising consciousness of the contribution automation could make to productiveness,” Povlsen stated. “In addition to reaching new customers, we see repeat enterprise from producers extending their use of cobots after seeing the impression of the expertise.”
MiR
MiR generated a complete of $64 million in income in 2021. Its finest vendor was the MiR250, however its increased payload MiR600 and MiR1350 autonomous cellular robots (AMRs) additionally offered nicely. MiR stated it offered almost 300 AMRs in December 2021, which set a file for a single month.
“The diversification of our buyer listing is simply phenomenal,” stated Ed Mullen, MiR’s VP of gross sales for the Americas. “We had 52 prospects that made up that 300 amount. It wasn’t only one large buyer buying plenty of AMRs. We’re interesting to totally different industries by which automation wasn’t prevalent earlier than. 3PL and cross-docking sometimes see plenty of conveyance, for instance, however now we’re interesting to those prospects.”
Cell Industrial Robots Income 2021
| Quarter | Income ($M) |
|---|---|
| Q1 | 14 |
| Q2 | 16 |
| Q3 | 13 |
| This autumn | 21 |
| Whole = $64M |
Mullen stated an ideal storm of the COVID-19 pandemic, labor scarcity, and corporations struggling to outlive has led to the uptick in AMR gross sales.
“We began to see a development during the last 12 months the place large world prospects began getting excited by AMRs. These low-end sorts of jobs transferring issues round have gotten tougher to fill. The Toyotas, Intels, and different main corporations are beginning to suppose outdoors the field to unravel these issues.”
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