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Global robot installations at an “all-time high”, says International Federation of Robotics

Automation Mag

This indicates a 31 percent year-on-year growth rate and exceeds the pre-pandemic record of robot installation in 2018 by 22 percent. The organization adds that this is the second time that robot installations in the Americas exceeded the 50,000-unit mark, with 55,212 units in 2018 setting the benchmark. million units, says IFR.

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Industrial robots sales surge worldwide, says IFR

Automation Mag

In 2021, even the pre-pandemic record of 422,000 installations per year in 2018 was exceeded.”. Metal and machinery (57,000 installations, an increase of 38 percent) followed, ahead of plastics and chemical products (22,500 installations, up by 21 percent) and food and beverages (15,300 installations, up by 24 percent).

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

i4.0 today

CAGR between 2018 and 2022. More Valuable Insights on Offer Fact.MR, in its new offering, presents an unbiased analysis of the global robot vision system market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033. million by 2033. The market witnessed 7.2% million valuation in 2023.

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Centric Software® Earns Frost & Sullivan’s 2022 Competitive Strategy Leadership Award for Its Innovative Market-driven Solutions

Frost & Sullivan Manufacturing

Centric Software has consistently served long-standing global companies with its world-class PLM solution, delivering exceptional services to multiple industries, including apparel, footwear multicategory retail, outdoor, luxury, furniture, cosmetics, food & beverage, and consumer electronics.

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Industrial Robot Market Size is Expected to Reach US$ 23.2 Billion by the End of 2033

i4.0 today

CAGR between 2018 and 2022 The industrial robot dominated the market with US$ 15,755.5 More Valuable Insights on Offer Fact.MR, in its new offering, presents an unbiased analysis of the global industrial robot market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.

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Manufacturing PMI® at 48.4%; December 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

Electronic components still a major supply chain issue, particularly if the component you need is not the current hot technology.” ” [Computer & Electronic Products]. Electronic components still a major supply chain issue, particularly if the component you need is not the current hot technology.”

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Manufacturing PMI® at 52.8%; July 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

“Four of the six biggest manufacturing industries — Petroleum & Coal Products; Computer & Electronic Products; Transportation Equipment; and Machinery — registered moderate-to-strong growth in July. ” [Computer & Electronic Products]. ” [Food, Beverage & Tobacco Products]. ” [Machinery].