Robotics Business Review

APRIL 24, 2024

Source: Serve Robotics Serve Robotics Inc. Aurora, Ontario-based Magna is one of the world’s largest automotive suppliers. 20, under which Serve granted the company a non-exclusive license to its technologies and expertise, enabling Magna to further develop new products in the robotics and logistics space.

Robotics 119

Robotics Robotics Manufacturing Artificial Intelligence 119

Robotics Business Review

APRIL 8, 2025

Source: Cyngn Cyngn Inc. ” Founded in 2013, Cyngn develops and deploys autonomous vehicle technology for industries such as automotive manufacturing and logistics. . ” Founded in 2013, Cyngn develops and deploys autonomous vehicle technology for industries such as automotive manufacturing and logistics.

Robotics 71

Robotics Robotics Logistics Function 71

Frost & Sullivan Manufacturing

SEPTEMBER 2, 2024

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.

Automotive 52

Automotive Logistics Value chain Supply Chain 52

Robotics Business Review

FEBRUARY 15, 2024

Source: IFR The International Federation of Robotics, or IFR, today listed its picks for the top five global robotics trends of this year. million units in 2022. million units in 2022. In its latest release , the federation cited some different trends than it had for 2022 and 2023. million (U.S.),

Robotics 130

Robotics Robotics Artificial Intelligence Automotive 130

Robotics Business Review

DECEMBER 26, 2023

We covered 25 acquisitions in 2023, which was down significantly from the 50 we covered in 2022. Here’s a look back at the notable acquisitions of 2022 and 2021. Note that there’s one major acquisition still pending from 2022. Amazon announced in August 2022 its intent to acquire iRobot for $1.7

Robotics 132

Robotics Robotics Logistics Automation 132

Frost & Sullivan Manufacturing

AUGUST 22, 2023

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.

Automotive 52

Automotive Value chain Sourcing Logistics 52

Frost & Sullivan Manufacturing

AUGUST 21, 2023

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.

Automotive 52

Automotive Value chain Sourcing Logistics 52

Fastener News Desk

SEPTEMBER 22, 2022

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

Supply Chain 52

Supply Chain Automotive Logistics Aerospace 52

i4.0 today

DECEMBER 12, 2022

This has made many large companies aware of the weaknesses of the current business model where manufacturing is outsourced, and global logistics is heavily needed. Source: IDTechEx. fold increase in demand for logistics and delivery robots and a 6.8-fold Source: IDTechEx. For example, IDTechEx predicts an 8.8-fold

Robotics 52

Robotics Robotics Automation Logistics 52

Robotics Business Review

APRIL 17, 2024

To continue pure research, Hyundai founded the Boston Dynamics AI Institute in 2022. Source: Boston Dynamics “Everything we understood, from the time of launching Spot as a prototype to it being a reliable product deployed in fleets, is going into the new Atlas,” Playter said. ” Atlas is humanoid — to a point.

Robotics 131

Robotics Robotics Artificial Intelligence Automotive 131

Fastener News Desk

JANUARY 12, 2023

The Würth Group, the global market leader in the development, production and sale of assembly and fastening materials, once again proved its competitive strength and stability in the 2022 fiscal year: The globally operating Group based in Künzelsau, Germany achieved new record results. billion in the 2022 fiscal year. Content Source:

Electronics 52

Electronics Bottleneck Supply Chain Logistics 52

Manufacturer's Monthly

NOVEMBER 29, 2022

At the Perth launch in October, 2022 Richard Elving, Markforged’s senior director for Asia Pacific, said the parlous state of global logistics made it imperative for Australian manufacturers to become more self-sufficient. The benefits of thinking outside the traditional manufacturing box can be seen all around the world.

Manufacturing 98

Manufacturing 3D printing Supply Chain Prototype  98

Dinesh Mishra

JANUARY 2, 2023

Kishore Jayaraman, President, Rolls-Royce, India & South Asia When: Friday, 9 th December 2022 Aerospace Industry Leader on Green Technologies. At 2022’s Egypt conference, signatories affirmed the pledge. When: Saturday, 10th December 2022. When: Monday, 12 December 2022. degrees Celsius above preindustrial levels.

Aerospace 52

Aerospace Point of use Manufacturing Electronics 52

Frost & Sullivan Manufacturing

JUNE 16, 2022

End-of-life business models view value extraction from used batteries through two lenses: one, recycling for material recovery, and two, reuse in automotive and energy storage applications. In short, it will underpin comprehensive, long-term sustainability across the xEV environment.

Automotive 52

Automotive Value chain Supply Chain Logistics 52

HGR Inc.

NOVEMBER 11, 2022

Paul Wiseman | Nov 10, 2022 | IEN. Bill Koenig | Nov 10, 2022 | SME. Respondents were in industries including machinery, electrical equipment, aerospace, and automotive. Manufacturing Tomorrow | Nov 9, 2022 | Manufacturing Tomorrow. Ryan Secard | Nov 4, 2022 | Industry Week. Consumer Inflation Eased to 7.7%

Manufacturing 90

Manufacturing Supply Chain Artificial Intelligence Electronics 90

Fastener News Desk

SEPTEMBER 29, 2022

Residential construction and automotive manufacturing have shown weakness as buyers take a wait-and-see approach. Some subsectors of industrial services have experienced depressed valuations as they struggle with cyclicality, inflation and supply chain shortages, sources tell Mergers & Acquisitions. It’s about supply and demand.

Supply Chain 52

Supply Chain Logistics Automotive Sourcing 52

Robotics Business Review

JUNE 3, 2024

Source: Adapta Robotics Starting a robotics company is always challenging, as inventors and entrepreneurs scramble to get access to capital and tap the local talent pool. In 2022, Adapta became an independent brand. ” Then, we slowly saw similar needs in other industries like automotive manufacturing.

Robotics 120

Robotics Robotics Automotive Sourcing 120

Robotics Business Review

JANUARY 2, 2024

Source: LinkedIn As The Robot Report reported last October, one of the biggest autotech stories of the year was the stalling of Cruise after California’s Department of Motor Vehicles suspended its driverless testing license. We’ve done many pilots both in automotive, as well as the commercial space,” she said.

Robotics 121

Robotics Robotics Sourcing Fit 121

Fastener News Desk

JULY 7, 2023

This business area of CSS generated sales of USD 15 million in 2022 with about 20 employees. About SFS Group SFS is a worldwide leading supplier of precision components and assemblies, mechanical fastening systems, quality tools and logistics solutions. Since it was founded in 1985, Connective Systems & Supply, Inc.

Logistics 52

Logistics Supply Chain Electronics Automotive 52

Robotics Business Review

APRIL 12, 2024

or Sanctuary AI, is entering a new strategic partnership with automotive components supplier Magna International Inc. Aurora, Ontario-based Magna has been an investor in Sanctuary AI since 2021, and it acquired autonomous vehicle startup Optimus Ride in 2022. The company acquired the latest assets from Giant.AI and Tangible Research.

Robotics 129

Robotics Robotics Artificial Intelligence Manufacturing 129

Robotics Business Review

JANUARY 4, 2024

Source: Adobe Stock 2023 was a year of great change within the robotics industry. ” Robots get out of the warehouse and into new roles Robots have come a long way from being used almost exclusively for automotive manufacturing. 2024 could be a year of building robotics momentum.

Robotics 141

Robotics Robotics Artificial Intelligence Logistics 141

Manufacturer's Monthly

JULY 9, 2024

In 2022, they started mass production of Australia’s first plastic-free wet wipes at their Adelaide facility. Their materials Despite some global fabric sourcing, Hygiene Co. s mission to prioritise sustainability and local sourcing. s mission to prioritise sustainability and local sourcing. The Hygiene Co. Hygiene Co.

Freight 93

Freight Sourcing Logistics Manufacturing 93

Fastener News Desk

DECEMBER 7, 2022

Zug, November 29, 2022. The company supplies industrial segments such as automotive, energy, agriculture, and appliances with innovative fastening solutions, and generates annual sales of around USD 25 million with 30 employees. and logistic services. Content Source: RELATED CONTENT: The Bossard Group has acquired Jeveka.

Industry 4.0 52

Industry 4.0 Industry 4.0 Logistics Automotive 52

AU Manufacturing

NOVEMBER 24, 2022

At the Perth launch in October 2022 Richard Elving, Markforged’s Senior Director, Asia Pacific, said the parlous state of global logistics made it imperative for Australian manufacturers to become more self-sufficient. . The benefits of thinking outside the traditional manufacturing box can be seen all around the world.

Supply Chain 69

Supply Chain Manufacturing 3D printing Prototype  69

Frost & Sullivan Manufacturing

AUGUST 25, 2024

To learn more, please access: Growth Opportunities in China’s Electric Vehicle Industry, 2024-2030 , Strategic Profile of BYD , ASEAN Automotive Market Outlook, 2024 , or contact sathyanarayanak@frost.com for information on a private briefing. In 2022, just three operators—NIO, Aulton, and Botan—dominated the market.

Supply Chain 52

Supply Chain Automotive Form Sourcing 52

Frost & Sullivan Manufacturing

AUGUST 30, 2022

As many companies globally commit to net-zero and science-based targets, the industry’s focus is gradually shifting from responsible sourcing, onsite recycling, and alternative energy solutions to tackling emission reduction across the value chain.

Value chain 52

Value chain Supply Chain Logistics Consumer Goods 52

Canadian Manufacturing

OCTOBER 24, 2022

RTT is expected to offer spodumene producers a single off-take option by providing feedstock to Rock Tech, which intends to supply lithium to customers in the European automotive sector. ” RTT will be a 50/50 joint venture company to be based in Geneva, Switzerland, which is expected to be formed end 2022.

Form 45

Form Supply Chain Compliance Sourcing 45

Fastener News Desk

JULY 7, 2023

The acquisition is an important part of Bulten’s strategy, which aims for growth outside of the company’s primary customer group of automotive, and to improve risk diversification, as well as margins. Net sales in 2022 totaled SEK 4,474 million. The aim is for these to account for at least 20% of sales by 2025.

Electronics 52

Electronics Automotive Sourcing Logistics 52

Robotics Business Review

JUNE 2, 2024

| Credit: Foxconn Intrinsic using Isaac Manipulator to simulate robot gripping Alphabet software and AI robotics subsidiary Intrinsic, which purchased Open Source Robotics Corporation in late 2022 , tested Isaac Manipulator on its robot-agnostic software platform.

Robotics 119

Robotics Robotics Artificial Intelligence Electronics 119

i4.0 today

MAY 25, 2023

We help companies of all sizes and sectors – from automotive to electronics and logistics – become more resilient, flexible and efficient. ABB Robotics & Discrete Automation supports customers in the transition towards the connected and collaborative factory of the future.

Robotics 52

Robotics Robotics Automation 3D printing 52

Plastics News

JANUARY 27, 2023

That drop came from a 1-cent downward move for polymer-grade propylene feedstock and from buyers taking back 3 cents in margin, according to market sources contacted by Plastics News. Regional PP prices finished 2022 with a net decline of 42 cents. Regional PVC prices finished 2022 down a net of 31 cents. near Pittsburgh.

Sourcing 40

Sourcing Freight Beverage Logistics 40

Frost & Sullivan Manufacturing

JANUARY 10, 2024

Brakes India is a leading automotive component supplier both to the domestic Indian market and to global markets. How has the automotive and the allied auto components sector, both in India and globally, transformed over the last couple of years? disruption in the automotive industry. There is massive C.A.S.E

Automotive 52

Automotive Supply Chain Manufacturing Logistics 52

Fabricating & Metal Work

JUNE 11, 2024

The company’s wear parts and cutting tools are used in sectors such as mechanical engineering and toolmaking, the automotive and aerospace industries, medical industries, and oil and gas industries. CERATIZIT’s ultra-modern logistics and supply chain systems mean that the tools are delivered to customers in next to no time.

Additive manufacturing 52

Additive manufacturing Aerospace Supply Chain Form 52

Fastener News Desk

MARCH 30, 2023

The distribution and manufacturing center is the newest in a series of expansions by Shannon Precision Fastener, which manufactures precision engineered fasteners primarily for automotive OEM’s that include powertrain, chassis, and safety critical applications.

Aerospace 52

Aerospace Automotive Logistics Manufacturing 52

Frost & Sullivan Manufacturing

JUNE 5, 2023

The convergence trend started in 2022 and is projected to continue over the next 2 to 3 years. Last-mile delivery fleets are open to exploring innovative financing business models, such as leasing and subscription, with many preferring to use e2Ws for their logistics operations.

Artificial Intelligence 52

Artificial Intelligence Sourcing Logistics Automotive 52

Fastener News Desk

APRIL 18, 2023

Since 2022, the Würth brand has been featured at the international matches of the German men’s national team, the women’s national team, and the U21 team. Soccer: Würth is an official partner of the German Football Association (DFB). www.fastenal.com.

Supply Chain 69

Supply Chain Fit Warehousing Manufacturing 69

Control Engineering

SEPTEMBER 9, 2023

from 2022, with demand coming from a variety of industries including retail, healthcare, food and beverage, automotive and logistics. In fact, by 2025 5G connections in North America are expected to grow to 410 million, said Statista [with around 200 million in 2023, according to multiple sources].

Manufacturing 40

Manufacturing Beverage Logistics Automotive 40