Remove 2024 Remove Discrete manufacturing Remove Robotics Remove Supply Chain
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Global robot market growth projected to be steady

Control Engineering

Robotics insights Industrial robot revenues grew by 14.9% in 2022 thanks to long-term demand for industrial robots to be fueled by the electric vehicle (EV) manufacturing sector. The pandemic helped to fuel demand for the robotics industry as companies turn to automation as a way of alleviating labor shortages.

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Application scenarios key to collaborative robot market success

Control Engineering

Collaborative robot market insights Collaborative robot market penetration to surpass 20% by 2032. collaborative robot market will take a while longer. Universal Robots retains the lion’s share of the global cobot market. Out to 2027, shipments of collaborative robots in EMEA will decrease from 19.5%

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Components in industrial robots market forecasting strong growth

Control Engineering

The global market for key components used in industrial robots reached $12.1 billion in 2022, a year-on-year increase of 14.7%, driven by production of collaborative and SCARA robots. The growth of the components market will likely slow down over time, as the robot market matures and stabilizes. from 2022 to 2027. respectively.

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Robots-as-a-service creates opportunities, lowers automation adoption barriers

Control Engineering

Robots-as-a-service (RaaS) is a flexible and affordable way for companies to deploy automation and related services such as engineering, maintenance and remote monitoring. Often used interchangeably with Robotics-as-a-service, RaaS comes in two main flavors. We manufacture robots. We sell the robots.

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AMRs and AMVs Create Safer Surroundings and Adjust Workflows Quickly

Fabricating & Metal Work

The integration of AI into autonomous mobile robots (AMRs) provides room to maneuver when it comes to transporting components and products between the different stages of production. 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.

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U.S. manufacturing stimulus expected to generate steady growth

Control Engineering

Recent announcements include GM and Samsung SDI unveiling plans to invest $3bn in a joint venture EV battery manufacturing plant in the US. 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.