Remove 2018 Remove Automotive Remove Discrete manufacturing Remove Robotics
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Industrial robotics market growth expected to remain strong

Control Engineering

Robotics insights Industrial robot market growth is expected to grow at a CAGR of 18% from 2019 to 2029 thanks to robotics being increasingly used in the automotive and electronics industry according to a report by Future Market Insights. This is especially true as robots get smaller and less expensive.

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When will the mobile robot vendor base consolidate?

Control Engineering

Part of the reason that the industry is not yet consolidating is the fact that “mobile automation” captures a multitude of robot types, industries and applications. Despite numerous acquisitions the mobile robot market is in fact not consolidating. The same figure for collaborative robot arms is even higher, at nearly 85%.

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Manufacturers using digital transformation to future-proof operations

Control Engineering

Capturing manual assembly data Silicon Valley startup Invisible AI helps manufacturers digitally capture data from manual assembly lines to provide valuable insights and drive improvements. Co-founded in 2018 by two software engineers, the startup announced the close of a $15 million Series A funding round in Sept 2022.