Industrial Robots

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Use cases

Accurately forecast demand months ahead with improved forecasting accuracy

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*We'll help you identify your
leading indicators in this session
.
01


01
Get an accurate overview of where demand is headed

No more puzzling together different sources of intelligence.
Instead, use one tool to forecast demand for all your end markets.

Build demand forecasts in a few clicks, and easily update them.

02


02
Identify the leading indicators relevant to your market

With seamless access to multiple data sources in Indicio, easily identify which leading indicators have the most bearing on your main variable (demand or sales).

Get the full picture of the dynamics driving demand.

03


03
Detect market trend shifts
months ahead


By understanding the demand dynamics of each market,
you gain the ability to detect the market trend shifts related to your industry.

Key drivers forecasting the sales of industrial robots

The sales of industrial robots in Japan have been growing steadily in recent years. This growth is being driven by a number of factors, including the increasing automation of manufacturing processes, the growing demand for robots in the automotive industry, and the increasing adoption of robots in other industries, such as electronics and food and beverage.

< 1 mins

Time taken to
identify most
relevant indicators

27+

Relevant
leading
indicators

80%

MAPE
forecast
accuracy

*Indicio captures the group effect of the leading indicators, the relevance ranking of each indicator changes over time.
View full forecast resultsGet on the list to receive the latest indicators

Here are the leading indicators identified using Indicio:

Main variable:
Industrial Robots Japan - Sales
Indicator name Influence
Trend: Industrial Robots Japan - Sales value ⭐⭐⭐⭐
PMI MANUFACTURING CHINA - NEW ORDER INDEX ⭐⭐⭐
USA - CAPITAL EXPENDITURES MADE- VEHICLES ⭐⭐
United States, Business Surveys, Philadelphia Federal, Future Capital Expenditures, SA, Index
PPI - NONFERROUS METALS
NFIB SURVEY: % PLANNING CAPITAL EXPENDITURES IN 3 TO 6 MONTHS
Japan, Export Prices, Yen Basis, Sensor Devices, Index, 2020 = 100
ORDERS BACKLOG VALUE - INDUSTRIAL ROBOT
China container exports
RATIO OF MANUFACTURERS INVTRY TO SHIPMENTS, MACHINERY
Total exports - Japan
ISM MANUFACTURERS SURVEY: CAPITAL EXPENDITURES, 1 YEAR+
Industrial production Japan - Manufacturing index
United States, Production, Aggregates, Construction Supplies Index
INV IN FIXED ASSETS: MFG. - METAL PRODUCTS (CMLV)(%YOY)
Google trends: Caterpillar Inc
New Privately-Owned Housing Units Authorized in Permit-Issuing Places: Total Units
Producer Price Index by Industry: Construction Machinery Manufacturing
Google trends: KOBELCO Construction Machinery Co.Ltd.
Manufacturers' New Orders: Construction Materials and Supplies

Top indicators identified

Trend: Industrial Robots Japan - Sales value

This variable represents the historical trend or pattern of sales values for industrial robots in the Japanese market over a specific period of time.

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PMI Manufacturing China - New Order Index

This index represents the Purchasing Managers' Index (PMI) for manufacturing in China specifically focused on the New Order component.

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USA - Capital expenditures made - vehicles

Economic conditions in the U.S. can influence demand for industrial robots because these robots are often used in the automotive manufacturing sector.

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What our customers say

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Indicio advances our digital strategy of becoming a data-driven organization, producing accurate forecasts in a fraction of time.

Alexander Noren, a customer that used Indicio

Alexander Norén

Head of Analysis
Skanska

Indicio tells us how our market will evolve 'without emotions' which aligns everyone from management to production.

Steven Van Poecke, Toyota, customer of Indicio.

Steven Van Poecke

Market Intelligence
Toyota Material Handling

Instrumental in helping us achieve higher efficiency in a short period of time.

Anders Nordberg, LF Bank, customer of Indicio.

Anders Nordberg

Head of Macro
LF Bank

Use cases

Get better insights into demand patterns with strategic forecasting

Identify your relevant market drivers

Indicio provides you with a clearer understanding of your future demand by identifying your relevant market drivers, to ensure you successfully optimize the allocation of resources, optimize your procurement strategies and benefit improve cost efficiency.

Improve contingency plans

Play out different scenarios in Indicio to stay prepared for potential disruptions so you can take proactive measures like diversifying their supplier base, and optimizing inventory management to minimize the impact of supply chain disruptions.

Detect market trend shifts ahead of time

By anticipating market trends and technological shifts using Indicio's multivariate modeling will give you an advantage in estimating demand for new vehicle models, enabling manufacturers to make informed decisions about production volumes, marketing strategies, and inventory management for successful product launches.

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