Remove 2018 Remove Automotive Remove Logistics Remove Pharmaceutical
article thumbnail

Demand for Robot Vision System is Anticipated to Reach US$ 7,236.2 Million by 2033

i4.0 today

The market is expanding as a result of increased adoption of machine vision systems and the use of cognitive humanoid robots in end use industries such as automotive industry and others. CAGR between 2018 and 2022. Key Takeaways from Market Study The global robot vision system market is projected to reach the valuation US$ 7,236.2

article thumbnail

ABB to Invest $280 million in Its European Robotics hub in Sweden

Fabricating & Metal Work

When the campus is completed, ABB will have invested $450 million in its three robotics facilities since 2018, including its mega factory in Shanghai that supplies customers in Asia and the Auburn Hills facility that supports the Americas. This is a great time to invest in robotics and automation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Back In Action: An MCMT Special

Dinesh Mishra

India is among the world’s biggest metal-cutting machine tools markets, with sectors like automotive, general engineering, energy, and aerospace being the major demand drivers. Demand from automotive customers is growing post the pandemic and is envisaged to touch of pre-pandemic levels of 2018-19.

article thumbnail

Top Legal Issues Facing the Manufacturing Sector in 2023

Foley

While these two trends are common across many industries, perhaps nowhere are they more pronounced than in the automotive industry. Beyond the automotive industry, even the most basic household appliances are now wireless and connected. New companies may have limited resources and expertise necessary to overcome hurdles that may arise.