The robot market collapses
The perfect storm, among high rates, elections And wars in various parts of the world, led to the fifth consecutive decline in the robot market, recording a tragic collapse of close to 20% compared to the previous period. But another ax is now falling on the machine tool market: the incentives 5.0.
As he writes Sole24Oreat the end of 2023 the negotiations with the European Commission to repurpose part of the chapter's funds Repower EU in tax bonuses for new connected and “green” systems. But despite the decree approved on 26 February by the Council of Ministers and published in the Official Journal on 2 March, the implementing decrees to make the measures operational are still missing. These, with a total value of 6.3 billion euros, provide tax credits of up to 45%, more than double the current level.
The Minister of Business and Made in Italy, Adolfo Ursorecently reassured businesses, explaining that, despite Transition 5.0 will be fully operational with the launch of a dedicated platform at the beginning of May, investments made from January 1st and compliant with the Transition 5.0 objectives will still be able to access the tax credits provided by law.
However, the market seems not to have reacted to this prospect yet and there is a widespread feeling that many companies are postponing investments in order to fully benefit from the incentiveswhich are much more generous than the standard 4.0 mechanismswhich provide a 20% tax credit.
The decrease in orders concerns both the internal market and export, but with a significant difference: if in 2021 the average level had been equal to 100, Italy is currently at a level almost halved (55), while export markets are only slightly below that average, of 10%. Such a weak first quarter is not found in the recent history of national demand, except in the period Covidat the beginning of 2020.
The situation across the border is not rosy for manufacturers either, with the machine tool market representing more than half of their business (3.8 billion in 2023, out of a total production of 7.5 billion euros). Orders recorded between January and March fell by 18%, marking the fifth consecutive quarterly reduction.
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