This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
million operational robots in 2022, according to the new World Robotics report from the International Federation of Robotics (IFR). The report also included information about robot density worldwide. Most automated countries worldwide Robot density by country in 2022. It rose to 5th place in 2021 and stays there in 2022.
Information capsule U.S. Congress passed the CHIPS and Science Act of 2022 in August 2022. 2 billion will be used to create existing/legacy chips for automotive and defense. investment: The U.S. The bill includes $52.7
In August 2024, Figure AI said that BMW Group had tested Figure 02 for handling fitted sheet-metal parts on its automotive production line for two weeks in Spartanburg, S.C. The Robot Report will add information as it becomes available. BMW had previously tested Figure 01. Adcock did not name Figure AI’s commercial client.
Today, entries have opened for The Circle Awards AUS & NZ 2022 , the preeminent awards celebrating and uniting businesses, organisations, projects and people making a positive environmental and social impact in Australia and New Zealand. The Circle Awards AUS & NZ submissions close on the 20th September 2022. added Hoskin.
It doesn’t matter whether the topic is automotive electrification or e-mobility, climate change or sustainability. To help OEMs and their suppliers rise to the challenge, DuPont’s Mobility and Materials (M&M) group will bring multiple innovative and rigorously tested solutions to K 2022. Automotive electrification .
The company is North America’s top diagnostic and repair software supplier for automotive service shops, including large truck fleets and repair shops. Mitchell 1’s software suite provides calibration information for advanced driver assistance systems (ADAS), a growing and lucrative source of revenue for independent repair shops.
The natural language processing (NLP)-based, AI Chatbot developed by Microsoft-backed startup, OpenAI gained over a million users within a week of its launch in November 2022. How is it likely to play out in the automotive industry? It’s being heralded as the next big leap in artificial intelligence (AI) capabilities – ChatGPT.
It was back to business-as-usual at Automechanika Frankfurt , the largest trade fair for stakeholders across the automotive aftermarket value chain. Held between 13-17 September 2022, it showcased an exciting lineup of innovative products, services, and solutions. Top Takeaways.
North American robot orders peaked in 2022, when the company experienced multiple record quarters in a row. While the automotive industry has historically been the largest adopter of robotics, food and consumer goods emerged as 2024s fastest-growing sector, with robot orders surging 65%. million in Q1 of 2025. in units and 0.1%
Automechanika Frankfurt 2022 today plays host to the largest UK aftermarket overseas trade mission since pre-pandemic 2019, with a dedicated UK Pavilion organised by the Society of Motor Manufacturers and Traders (SMMT). so far this year and expected to reach more than a quarter of a million new registrations by the end of 2022.
Mitsubishi Electric is showcasing how its automation technologies can drive the entire electric vehicle value chain forward at the North East Automotive Expo 2022, taking place on 29th September 2022. billion*) in the fiscal year ended March 31, 2022. About Mitsubishi Electric. The company recorded a revenue of 4,476.7
AUBURN HILLS — Henniges Automotive has officially appointed Linda Hellebuyck to Chief Financial Officer (CFO) of the company, a position she held in an interim capacity since November 2022. ” Hellebuyck has experience in the finance and accounting space and has worked in the automotive industry. .
In January 2022, 19-year-old David Colombo from Dinkelsbühl, Germany, announced via Twitter that he had been able to hack at least 25 Tesla vehicles in 13 countries and partially take them over. “So, Luckily, Colombo’s intentions were good. “If Warships could be taken over and used to attack or ambush unsuspecting entities.
According to a 2022 Frost & Sullivan research paper titled “Global Electric Vehicle Battery Manufacturer Profiles and Growth Opportunities,” automotive sales in 2021 continued the shift to EVs that started in 2020. EV sales increased by more than 100% year on year, with nearly 6.7 million units sold, achieving 8.9%
Conventional engine, transmission, and affiliated components will represent immediate high-growth opportunities in the automotive aftermarket, while the transition to vehicle electrification will drive investments in electric vehicle (EV) related remanufacturing.
Comau is expanding from automotive manufacturing to logistics applications such as pick and place. The company has been expanding from the automotive industry and systems integration to new markets including logistics and energy, noted Allesandro Piscioneri, global head of strategic marketing, advanced robotics, and digital segments at Comau.
The installation of 290,258 units in 2022 alone represents 52% of the global market.” Massive investment in the country ‘s automotive industry has boosted demand since 2010. China is also a major producer of electronic devices, batteries, semiconductors, and microchips.
San Antonio –August 1, 2022– For every kilogram reduced from a vehicle’s weight, plastics reduce a car’s carbon dioxide (CO2) emissions by approximately 20 kg during its operating life cycle. The stringent regulations for OEMs to meet sustainability targets will drive the automotive plastics sector. This market will likely reach $45.07
By Benson Augustine, Senior Industry Analyst, Aftermarket & Digital Retail – Mobility Rematec, a leading trade show for stakeholders in the automotive remanufacturing ecosystem, was held in Amsterdam in June this year, after a four-year hiatus.
For 2022, the E&T Innovation Awards featured a range of new prizes to reflect the latest societal challenges faced by engineers and technologists. Read more about the 2022 awards finalists here. E&T Innovation Awards 2022 winners. Best Innovation in Cyber Security and Information Assurance. Winner: BT.
The front of the car also includes a Media Bar, which the tech giant said could be used to share information with people around the electric vehicle, including warnings and charging details. A prototype electric vehicle, the Vision-S (pictured above), had previously been displayed at CES 2020, which Sony further refined for the 2022 event.
million units in 2022. In its latest release , the federation cited some different trends than it had for 2022 and 2023. In the automotive parts industry, each hour of unplanned downtime is estimated to cost $1.3 reported the Information Technology & Innovation Foundation. million (U.S.),
In brief, FPT is an information technology and services company based in Vietnam. It has served 1000+ customers worldwide, a hundred of which are Fortune Global 500 companies in Automotive, Banking and Finance, Logistics & Transportation, Utilities, and more. OK, I said, just what is that company?
31, 2022 – After-sales service in the fiercely competitive automotive marketplace is renowned for fickle customer loyalty. All the challenges in the automotive after-sales service market directly impact customer satisfaction. SAN ANTONIO. – To download the White Paper, click here. About Frost & Sullivan.
Each year, thousands of attendees from 30+ countries travel to North America’s #1 trade show city, Las Vegas, Nevada to network and do business with hundreds of suppliers showcasing every type of fastener for several industries including construction, aerospace, military, electrical, and automotive. Review the Exhibitor Training Video. ?.
4 While 191,247 cars were built for domestic buyers, the lion’s share of output was shipped overseas, evidence of the contribution automotive exports make to the UK economy. Total announced investment 2016-2022 inclusive: £16.2 4: SMMT calculations based on RRP and publically available information – £51.6
Q2 2022 Revenues of $429 million, up 22% from Q2 2021. Q2 2022 GAAP EPS of $0.08 YTD 2022 Revenues of $847 million, up 19% from YTD 2021. NASDAQ: PKOH) today announced its results for the second quarter of 2022. million in the second quarter of 2022, an increase of 22% from $350.0 Net sales were $428.6
July 21, 2022– Frost & Sullivan recently analyzed the global automotive navigation industry, and based on its findings, recognizes TomTom with the 2022 Global Automotive Navigation New Product Innovation Award. SAN ANTONIO, TX. www.tomtom.com.
It is designed to transform sensing in the automotive sector, and emerging markets in robotics, commercial vehicle applications, consumer, and mobile devices. The post Breakthrough Tech from TriEye Revolutionizes Sensing for Automotive and Other Emerging Applications appeared first on i4.0 About TriEye. Today Magazine.
To finish out 2022, I wanted to highlight the latest mergers & acquisitions (M&A) and capital placement transactions for the automation segment (see below). From the beginning of 2022 to today, automation solutions-driven organizations were highly sought after by both strategic buyers and financial sponsors (i.e. Learn more.
Two recent acquisitions – Niterra EMEA GmbH’s of WhoCanFixMyCar.com and Stellantis South America’s of Norauto Argentina – underpin the growing focus of original equipment manufacturers (OEMs) and original equipment suppliers (OESs) on the automotive downstream channel. billion by 2028.
Leading laser manufacturer Luxinar is focusing on innovations for the manufacturing industry with its OEM and SR series of sealed CO 2 laser sources on booth B9653 at FABTECH, taking place November 8-10, 2022 at the Georgia World Congress Center in Atlanta, GA. Its CO 2 lasers are available at three wavelengths, 10.6,
By Benson Augustine, Program Manager – Mobility The global automotive aftermarket is witnessing a paradigm shift as circular economy initiatives gain momentum. Revenues of the global remanufactured automotive components market are projected to rise from $27 billion in 2022 to $42 billion by 2030.
09, 2022 – Frost & Sullivan’s Intelligent Mobility Summit 2022, held virtually on Sept. 7-8, 2022, was themed: “Towards a Sustainable Future.” For more information on Intelligent Mobility Summit 2022, please click here. Singapore – Sept. This year marked the 14th edition of the flagship mobility event.
Schaeffler, a leading global automotive and industrial supplier, was recently awarded the Red Dot: Best of the Best award for its Dual EXtendable (DEX), the Autonomous Mobile Robot (AMR) project in the Red Dot Design Award under the Design Concept category. Further information: www.red-dot.org. Media Release by Schaeffler Group.
Market Landscape in 2023 For a variety of reasons ranging from supply chain disruptions to macroeconomic headwinds, passenger vehicle and pickup vehicle sales across the five main automotive markets of Indonesia, Malaysia, the Philippines, Thailand, and Vietnam dipped from 3.2 million in 2022 to 3.1 million units in 2023.
For more information, visit the CGTech website at www.cgtech.co.uk, call +44 (0)1273 773538, or email info.uk@cgtech.com. We have over 50,000 views of each issue of MEM on average in 2022 and go to print monthly and also publish in our newsletter, (each issue is available free for 12 months digitally). cgtech.com.
The eCommerce boom, digital platforms, and mobile on-demand services are transforming the automotive aftermarket across the Gulf Cooperation Council (GCC) region. The absence of a robust local manufacturing base for automotive components has made the region extremely import dependent. billion in 2028.
Important I nformation A bout the Special T ender O ffer This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any ordinary shares of Stratasys or any other securities, nor is it a substitute for the tender offer materials described herein. EDT (4:00 p.m.
25, 2022 – Industrial businesses continue to undergo rapid digital transformation as digitalization increases operational efficiency, productivity, and responsiveness to the market. SAN ANTONIO – Aug. Digital enterprises can create new, more competitive solutions and services and superior customer experiences. Media Contact: Sol Curet.
Amidst a very bullish outlook for 2022, Hero Electric, the country’s leader in the electric two-wheeler segment, and the Mahindra Group, a dominant presence in the country’s electric three- and four-wheeler segment, have come together for a five-year strategic partnership. Our Perspective.
Yamaha Motor Robotics FA Section will show visitors to Motek 2022 its family of compact, affordable industrial robots boost the productivity of common component-handling and product-assembly processes. For further information, please visit [link]. ABOUT YAMAHA Robotics FA Section. DiscoverYamahaRobotics. Today Magazine.
NEW YORK (August 1, 2022) – An estimated six million patients have benefitted directly or indirectly from medical applications of additive manufacturing (AM) and 3D printing – from orthopedic and cranial implants to surgical guides and instruments to dental restorations and external prosthetics. billion, according to the 2022 Wohlers Report.
In 2022, the lack of commitment to reduce Scope 3 emissions led a majority of Boeing investors to put a resolution to a vote and passed a requirement for Boeing to do so. Data-driven supply chains provide an opportunity for companies to gain deeper insights into their operations, allowing them to make more strategic and informed decisions.
We organize all of the trending information in your field so you don't have to. Join 45,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content