Remove 2019 Remove Automotive Remove Discrete manufacturing
article thumbnail

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 driven by the digitalization of manufacturing processes.

article thumbnail

North America robot sales rise in 2022

Control Engineering

Robotics insights Total robotics installations in manufacturing rose more than 10% in 2022 with the automotive industry being the main driver. Non-automotive industries were led by electrical/electronics, which posted almost 30% growth. Sales to automotive declined by 36% with 1,258 units installed in 2022.

article thumbnail

Induction motors market will reach $40.5 billion by 2032

Control Engineering

It is an excellent choice for the manufacturing and automotive industries because to its durability and low maintenance needs. WEG announced the release of its newest M Mining Series slip-ring induction motors in September 2019. This type of motor is preferred over traditional ones in most equipment.