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
Since emerging from stealth in January 2023, the Sunnyvale, Calif.-based In May 2023, Figure AI raised $70 million in Series A funding, and that July, Intel Capital invested in the company. In May 2023, Figure AI raised $70 million in Series A funding, and that July, Intel Capital invested in the company.
I am retaining all the “about” paragraphs below the news in case you are not sure who this is and may want additional information. “The automotive and manufacturing industries are embracing a foundational transformation from manual assembly-line type operations to intelligent organizations based on software and automation.
here is a report Zebra compiled regarding attitudes and expectations of both consumers and managers in the automotive industry. However, navigating the growing demand comes with challenges as 68% of automotive industry decision-makers say they are under high pressure to produce next-generation (i.e., electric) vehicles.
The Australian automotive aftermarket, now in a mature phase, is on a trajectory for significant growth through 2030. The increase in total vehicles in operation (VIOs), coupled with the increasing proportion of aging vehicles, is set to generate robust demand for automotive parts and services. from 2023 to 2030.
July 15, 2023 – Frost & Sullivan recently researched the medium/heavy truck aftermarket industry and, based on its findings, recognizes Mitchell 1 with the 2023 North American Technology Innovation Leadership Award. For more information, visit the company’s website at mitchell1.com SAN ANTONIO, TX.
San Antonio, TX — October 23, 2023 — Frost & Sullivan recently researched the cloud-native application protection platform (CNAPP) industry and, based on its findings, recognizes Runecast with the 2023 European New Product Innovation Award. About Runecast Runecast Solutions Ltd.
6] Many changes are revolutionizing automotive EE architecture, leading to autonomous driving and its associated challenges. Table 1 : The higher-order steps of information gathering and decision making in higher autonomy levels. The DCU usage will increase to US$44M value during the same timeline ( Figure 1 ).
EASTEC attendees come from a variety of industries including leading-edge industries such as aerospace, medical devices, automotive, industrial equipment and more. More information is at [link]. The post HEIDENHAIN and ACU-RITE to Exhibit at EASTEC 2023 appeared first on Fabricating and Metalworking.
The scale of the decline is, in part, exacerbated by comparison with a strong September 2023, which saw the best result for the month since 2020. UK car production output declined by -20.6% The decrease was largely expected as factories wind down production of current models and retool lines for all-new zero emission vehicles.
June 2023 marked a significant milestone in Corey’s career, as he was promoted to operations manager at Accede Mold & Tool. His dedication to advancing the moldmaking industry aligns seamlessly with MMT ’s mission to inform, educate and inspire professionals across the manufacturing landscape.
In 2023, China surpassed Germany and Japan in robot density, with 470 robots per 10,000 employees. Annual installations of industrial robots by local suppliers rose from from 30% in 2020 to 47% in 2023. For example, in 2023, nearly two-thirds of industrial robots in the electronics industry are installed in China alone.
Find out below who has joined the premier automotive trade association and what they get from membership: AGC Glass UK Ltd – www.agc-glass.eu Find out below who has joined the premier automotive trade association and what they get from membership: AGC Glass UK Ltd – www.agc-glass.eu Lucas Oil Products UK Ltd – www.lucasoil.co.uk
DigiKey continues to add products and the newest technologies in key verticals including automation, power, wireless and automotive in order to maintain our industry leading breadth of product offering. For more information about the suppliers in the DigiKey portfolio, please visit the DigiKey website.
For sectors like aerospace, automotive, transport, utilities, marine, electronics and renewable energy, compression moulding is undergoing a bit of a resurgence. Valued globally at USD 12.4bn in 2023, the compression moulding market is projected to double to USD 25.1bn by 2032 [i]. i] Global Market Insights report 2023.
in revenue over 2023. 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%. This trend, however, seems to be changing, with automotive sales driving growth at the start of 2025. in units and 0.1%
All automotive manufacturers therefore attach great importance to components that are as low in noise and vibration as possible. Further information: www.goepel.com/en The post Detecting noise in mechatronic electric motor vehicle components appeared first on i4.0 Today Magazine.
billion of private and public investment commitments announced in 2023. UK vehicle production hit 1,025,474 units in 2023, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). billion of investment put UK vehicle production firmly back on track in 2023. on the previous year.
Cam-Pains With Cobots Bilstein shared one primary pain point that led to this change during Modern Machine Shop ’s visit to its facility in May 2023. A key performance indicator for the automotive industry is the parts per million (PPM), a measure of the number of defective parts per million produced.
Leading automotive supplier, Schaeffler AG, is an early adopter of Siemens Industrial Copilot. In addition, the Siemens Teamcenter app for Microsoft Teams will be generally available in December 2023 and accelerate innovation across the product lifecycle.
At Automotive Testing Expo Europe 2023 in Stuttgart, Rohde & Schwarz will demonstrate a wide range of cutting-edge test solutions that support automotive applications. The system is the complete solution for all necessary RF test prior to automotive radar sensor mass production.
SAN ANTONIO – October 24, 2023 – Frost & Sullivan recently researched the Japanese automotive cybersecurity industry and, based on its findings, recognizes VicOne with the 2023 Competitive Strategy Leadership Award.
” “Our robotics business had increased orders from the automotive segment, and our paint technology is the best on the market, and we had customers choosing to remain with us as they expanded their international footprint,” he noted. In 2023, ABB planned to spend $20 million to expand U.S. production.
Circular economy for a sustainable value chain: The recycling of materials is an ever-increasing topic of importance within the automotive industry. The information about the condition of components can be transparently displayed among suppliers and customers to properly re-use parts and components. Here is more detailed explanation.
Bringing the industry together is a key step, and SMMT’s International Automotive Summit has become an integral fixture in that regard, providing an opportunity to discuss the major challenges and opportunities in the sphere of competitiveness, skills, technology and trade.
The report also included information about robot density worldwide. Its economy benefits from two large robot buyers, as well as a strong electronics industry and automotive industry. In 2023, it created a new action plan called called the “ Robot + Application Action Plan.” The world set a record with 3.9
Below are the three likely disruptors manufacturers face at the outset of 2023, and tips for surviving (or even thriving) in the face of what Foley and Lardner’s manufacturing sector attorneys see coming down the road: More manufacturers will suffer financial distress, but there will be possible opportunities for growth through acquisition.
One such beneficiary is automotive audio technology – basic audio, surround sound, and 3D audio – which, in North America alone, is set to grow from a $3.33 billion market in 2023 to $4.42 Basic audio to cede ground to surround sound and 3D audio The automotive audio technology market in North America is projected to record a 4.1%
We aim to enhance manufacturing capabilities and promote humanoid robots in the automotive industry,” Changbo told CarNewsChina. Humanoids making their way into automotive It’s been an exciting year for humanoids within the automotive industry, although the jury is still out on where exactly humanoids will best fit into operations.
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.
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.
Find out below who has joined the premier automotive trade association and what they get from membership: ABOUT:ENERGY LIMITED – www.aboutenergy.io Find out below who has joined the premier automotive trade association and what they get from membership: ABOUT:ENERGY LIMITED – www.aboutenergy.io Qingdao Huading Industry Co.
Nano Dimension’s all-cash special tender offer represents a premium of 26% to the unaffected closing price as of March 3 rd , 2023, a 39% premium to the 60-day VWAP as of March 3 rd , 2023, and a 12.5% before dropping coverage in March 2023. of the outstanding ordinary shares of Stratasys Ltd. premium to the $16.00
Our joint goal is to take automotive power electronics to the next level,” said Robert Hermann, Product Line Head Automotive High-Voltage Discretes and Chips, of Infineon. Infineon and SCHWEIZER will showcase the 1200 V CoolSiC chip embedding technology at PCIM Europe 2023 in Nuremberg, at the Infineon booth 412 in Hall 7.
By Gautham Hegde, Senior Research Analyst – Mobility As technological advancements reshape the automotive landscape, consumer preferences for greater connectivity, convenience, personalization, and flexibility are driving significant growth in Feature on Demand (FoD) services. million in 2023. billion in revenue rising sharply from $0.35
Infineon Technologies AG today launched a new automotive power module: The HybridPACK Drive G2. Availability The lead products (FS1150R08, FS01MR08, FS02MR12) of the new HybridPACK Drive G2 are in production and will be available starting May 2023, with additional product variants to follow in 2023 and 2024. Together.”
Gujarat, known for its strong industrial ecosystem, has emerged as a major center for manufacturing, automotive, electric vehicle, medical and engineering industries. Every measurement and analysis conducted here will have a far-reaching impact across industries such as Automotive, Medical, Electronics, and Electric Vehicles (EV).
Massive investment in the country ‘s automotive industry has boosted demand since 2010. Since 2016, the electrical and electronics industry has replaced the automotive industry as the main customer and growth driver of industrial robots in China.
T-Systems is a leading provider of innovative OTA solutions that provide seamless and efficient updates to help automotive original equipment manufacturers (OEMs) deliver dependable and optimized connected car experiences. billion (2023), T-Systems is one of the leading providers of digital services in Europe.
The Robot Report Podcast · Update on AgTech automation at CNHI The Robot Report Podcast · 2023 year in review: GenAI, humanoids dominate robotics industry In Episode 138 of The Robot Report Podcast, co-hosts Mike Oitzman and Eugene Demaitre catch up with Marc Kermisch, global chief digital and information officer at CNH Industrial, or CNHI.
United Kingdom Accreditation Service – www.ukas.com SMMT data services Extensive market data providing key information to assist marketing and promotional activity, and future business opportunities. Information SMMT’s continual flow of information and analysis reflects the full spectrum of industry issues at home and abroad.
More than 700 new apprenticeships available among top UK automotive employers amid major investment to drive green growth decade. Skills England and new Growth & Skills Levy can back automotive to deliver up to 50bn growth in next decade, but success depends on workforce transition. That growth builds on previous years, with a 40.8%
based company launched its first driverless commercial transportation service with Walmart in 2021 and Kroger in 2023. The automotive and trucking industries self-certify,” said Dr. Adam Campbell, Gatiks head of safety. Founded in 2017, Gatik has developed autonomous vehicles ( AVs ) for middle-mile and short-haul logistics.
Knowles Precision Devices , a premier global source for Multilayer, High Reliability, Single Layer and Precision Variable Capacitors; EMI Filters; and RF/Microwave Components including RF Filters, Splitters and Couplers, is pleased to announce their attendance at PCIM Europe 2023. For more information, visit knowlescapacitors.com.
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 units in 2023. million in 2022 to 3.1
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