Remove 2024 Remove Automotive Remove Pharmaceutical Remove Supply Chain
article thumbnail

2023 robot orders down 30% from 2022 in North America, according to A3

Robotics Business Review

The organization said it expects the slowdown, particularly in automotive manufacturing, to continue until the second half of 2024. economy, higher interest rates, and even the over-purchasing of robots in 2022 from supply chain concerns,” said Jeff Burnstein , president of A3, in a release.

article thumbnail

Manufacturing industry recovery dependent on prudent fiscal policies

Control Engineering

Global manufacturing insights The Interact Analysis Manufacturing Industry Output (MIO) Tracker predicts a slight dip in global manufacturing industry output in 2024, followed by an uptick in 2025, contingent on appropriate fiscal policies and stimulus initiatives. contraction – rather than 0.3% Could the global malaise stick?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sumitomo (SHI) Demag Celebrates 15 years of German-Japanese Partnership

i4.0 today

For instance, a platform for all-electric injection molding machines was established, enabling the production of the small IntElect in Germany, Japan, and from 2024 in China. The Systec platform for machines with a clamping force between 800 t and 1500 t for the automotive industry in Germany and China, is set to launch later this month.

article thumbnail

Learning from experience

i4.0 today

A lack of access to ‘real world’ academia in polymer engineering is being tackled by Jaguar Land Rover, with Ian Ray at the automotive manufacturer championing an award-winning Training & Development Programme. This value increases markedly within supply chains as knowledge moves up the scale.”

article thumbnail

Engineering Industries Ireland to Sponsor the 2024 Manufacturing & Supply Chain Conference & Exhibition

i4.0 today

Engineering Industries Ireland (EII), the Ibec group representing the engineering manufacturing and services sector in Ireland, has been announced as the Headline Sponsor of the annual Manufacturing & Supply Chain Conference & Exhibition, scheduled to be held at RDS Simmonscourt in Dublin, on the 28th and 29th of May 2024.

article thumbnail

ABB to Invest $280 million in Its European Robotics hub in Sweden

Fabricating & Metal Work

Our Robotics Campus will help us to serve our customers more efficiently and support new and existing sectors like automotive, electronics, logistics, healthcare, e-commerce and pharmaceuticals to unlock the full potential of automation.”

article thumbnail

Back In Action: An MCMT Special

Dinesh Mishra

India is among the world’s biggest metal-cutting machine tools markets, with sectors like automotive, general engineering, energy, and aerospace being the major demand drivers. Demand from automotive customers is growing post the pandemic and is envisaged to touch of pre-pandemic levels of 2018-19.