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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. Both automotive, non-automotive robot orders dip According to A3 , North American companies purchased 31,159 robots in 2023, compared with 44,196 ordered in 2022 and 39,708 in 2021.

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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. this year.

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Omega Seiki Mobility (OSM) to deploy 500 EV Three-Wheelers with Kissan Mobility (OnEv) for last-mile delivery

Dinesh Mishra

These 500 numbers are just a start, and we aim to deploy 2500 numbers of three-wheelers and a similar number of four-wheelers on the road by March 2025.” The group has expanded rapidly in the last 5 years with several projects in automotive, infrastructure, and high technology design & development with heavy investment in these areas.

Logistics 116
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India´s Robot Boom Hits All-Time High

Dinesh Mishra

The automotive industry remains the largest customer for the robotics industry in India with a share of 31% in 2021. Today, India is the world’s fifth largest economy measured by manufacturing output. According to World Bank data, India´s manufacturing value added in 2021 was USD 443.9 billion, a 21.61% increase from 2020.

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Safety instrumentation market expected to increase

Control Engineering

The market has been segmented into six types – energy & power, pharmaceutical, mining, oil & gas, chemical & petroleum refinery and others. The rise in global automotive manufacturing is one of the major drivers of the safety instrumented systems market.

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Looking at India’s growing role in global manufacturing and its long-term impact

Control Engineering

Launched in 2014 by Prime Minister Modi, the Make in India initiative provides a range of incentives to encourage manufacturing growth, with a target of increasing the manufacturing industry’s contribution to GDP to 25% by 2025. However, even in industries where it can be seen to be competing, it still lags massively behind China.

Apparel 52
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Top Legal Issues Facing the Manufacturing Sector in 2023

Foley

While these two trends are common across many industries, perhaps nowhere are they more pronounced than in the automotive industry. Beyond the automotive industry, even the most basic household appliances are now wireless and connected. New companies may have limited resources and expertise necessary to overcome hurdles that may arise.