Robotics Business Review

FEBRUARY 21, 2024

” In 2024, 50 years later, ABB’s robotics portfolio is stronger than ever with new industrial robot arms, collaborative robot arms, and autonomous mobile robots. ABB will be celebrating 50 years of robotic innovation throughout 2024. Editor’s Note: the following text has been republished from ABB with its permission.

Robotics 114

Robotics Robotics 3D printing Discrete manufacturing 114

Control Engineering

NOVEMBER 7, 2023

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%

Manufacturing 52

Manufacturing Pharmaceutical Automotive Supply Chain 52

Fabricating & Metal Work

APRIL 22, 2024

Earlier this year, ABB’s (Ann Arbor, MI) Marc Segura, who is president of the ABB Robotics Division, commented on the new frontiers for robotics and AI in 2024. AI-enabled mobile robots can transform sectors like discrete manufacturing, logistics and laboratories,” Segura said.

Cargo 52

Cargo Logistics Robotics Robotics 52

Control Engineering

JULY 26, 2023

The Americas region is forecast to experience highest growth in 2023 and remain most resilient in 2024, while Japan is predicted to suffer the largest decline. Global growth will fall in 2024 but is expected to bounce back in the mid- to long-term. In 2022, the market was worth $17.7

Electronics 52

Electronics Automation Discrete manufacturing Manufacturing 52

Control Engineering

APRIL 12, 2023

Manufacturing insights Manufacturing decline is now expected in 2024 rather than 2026. The Americas enjoyed a strong year for manufacturing growth in 2022, but labor shortages continue to hamper US manufacturers. Chinese manufacturing economy gets back on its feet after a turbulent period. in 2023.

Manufacturing 52

Manufacturing Pharmaceutical Beverage Discrete manufacturing 52

Control Engineering

APRIL 25, 2023

A distributed machine control platform without enclosures, the Beckhoff MX System, is under development by Beckhoff Automation and expected to be released in 2024. Beckhoff MX System, a distributed machine control platform without enclosures, is under development by Beckhoff Automation and expected to be released in 2024.

Warehousing 52

Warehousing Automation Robotics Robotics 52

Control Engineering

MAY 23, 2023

Interact Analysis forecasts that EMEA will begin to recover in the second half of 2023 and into the first half of 2024, while recovery in the U.S. manufacturing downturn expected in 2024. However, the CAGR for the Americas region will sit at 25.8%, and at 28.2% will take slightly longer, with a U.S.

Robotics 52

Robotics Robotics Logistics Supply Chain 52

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.,

Robotics 52

Robotics Robotics Automation Discrete manufacturing 52

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.

Sourcing 52

Sourcing Advanced manufacturing Manufacturing Discrete manufacturing 52

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.

Robotics 52

Robotics Robotics Supply Chain Logistics 52

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%

Freight 52

Freight Beverage Automation Manufacturing 52

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.,

Supply Chain 52

Supply Chain Lead Time Discrete manufacturing Manufacturing 52

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.

Robotics 52

Robotics Robotics Supply Chain Electronics 52

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%

Supply Chain 52

Supply Chain Sourcing Manufacturing Discrete manufacturing 52

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

Manufacturing 52

Manufacturing Supply Chain Robotics Robotics 52

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

Robotics 52

Robotics Robotics Automation Supply Chain 52