World market surged by 19% in 2003...

Worldwide sales of multipurpose industrial robots peaked in 1990 when they reached over 80,000 units. Following the recession in 1991-1993, worldwide sales of industrial robots fell to about 53,000 units in 1993. The world robot market then started a period of strong recovery, which peaked in 1997 when it reached a level of 82,000 units. In 1998, however, sales plunged by 16% to just under 69,000 units. The market recovered sharply in 1999 with sales of nearly 80,000 units, an increase of almost 15% over 1998. In 2000, growth accelerated to 24%, attaining a record of almost 99,000 units. In 2001 and 2002, however, the world market fell by 21% and 12%, respectively, reaching 68,600 units. A strong recovery was recorded in 2003. The world market grew by 19% to 81,800 units.