Control Engineering

OCTOBER 9, 2023

explained some benefits of the I 3 platform (pronounced “I” cubed), expected to be launched globally in spring 2024. Jeff Pike, director motion group marketing, Yaskawa America Inc.,

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Control Engineering

APRIL 24, 2023

Three of the super clusters – SCALE.AI, advanced manufacturing and digital technology are key topics at Hannover Messe. While 2025 is locked in, 2024’s partner nation remains unknown. The goal is to create 50,000 jobs and economic growth of 34 billion Euros over the next 10 years.

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Control Engineering

JUNE 28, 2023

Interact Analysis forecasts that the Chinese market will account for over 60% of industrial robot unit shipments from 2024. Courtesy: Interact Analysis In 2022, China accounted for a 39.1% revenue share and 55.4% shipment share of the global industrial robot market. of total shipments in 2022.

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Control Engineering

JANUARY 10, 2023

2022 has been another good year for the geared products market, but a small decline is expected in 2023 followed by a return to growth in 2024. In terms of application, machinery manufacturers are the major consumers of geared products. Following behind the APAC region, the Americas market is predicted to experience a CAGR of 4.1%

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Control Engineering

OCTOBER 25, 2023

The transaction is expected to close in the first half of 2024. In 2022, the estimated net operating revenue of the included businesses was $541m, with an adjusted EBITDA margin of 9.5%. WEG’s President, Harry Schmelzer Jr.,

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Control Engineering

OCTOBER 19, 2023

On average, the selling prices of key components used in industrial robots are predicted to decline by about 1% each year starting from 2024. As inflationary pressures gradually dissipate, we expect price erosion from competition to accelerate from 2023 onwards.

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Control Engineering

JANUARY 12, 2023

APAC is forecast to see a significant slowdown in growth during 2023 as order backlogs dry up, but a rise in average selling prices caused by demand for premium features looks set to pick up in 2023 and 2024, resulting in revenue CAGR of 4.0% through to 2027. Unit shipments are expected to contract by -4.1%

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Control Engineering

MAY 25, 2023

We are predicting year-on-year growth will remain below 10% in the medium-term with a shallow recession in 2024 and the growth rate failing to recover to 2022 levels out to 2027. However, the impact is unlikely to be seismic, or on a New Deal scale, for a variety of reasons, including those outlined below. trillion to just under $6.8

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Control Engineering

JULY 15, 2022

million between 2020 and 2024, at a compound annual growth rate (CAGR) of 17%. The experts at market analysts ABI Research predict that there will be 1.3 million installations of RaaS by 2026 generating $34 billion in revenue. Meanwhile, a 2021 report from market analysts Technavio predicts that the RaaS market will grow by $832.77

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