Remove 2027 Remove Automation Remove Discrete manufacturing Remove Supply Chain
article thumbnail

Mobile robot shipments grow in 2022

Control Engineering

The mobile robot market (AGVs and AMRs) has enjoyed strong growth in 2022, driven by increasing e-commerce penetration, a lack of labor and on-going shifts to more flexible manufacturing. We forecast an installed base of over 4 million mobile robots by the end of 2027, 1.5 million of which will be installed in 2027 alone.

article thumbnail

Global robot market growth projected to be steady

Control Engineering

Average selling prices of industrial robots will decrease by around 3% annually over the next 5 years and growth is expected to be 5 to 7% through 2027. The pandemic helped to fuel demand for the robotics industry as companies turn to automation as a way of alleviating labor shortages. unit shipment and 14.9% revenue growth.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Components in industrial robots market forecasting strong growth

Control Engineering

from 2022 to 2027. Courtesy: Interact Analysis Growth driven by surge in collaborative robots and SCARA robots Demand for collaborative robots in industrial applications increased rapidly during the past two years and the momentum is expected to continue during our forecast period out to 2027. from 2022 to 2027.

article thumbnail

Application scenarios key to collaborative robot market success

Control Engineering

Out to 2027, shipments of collaborative robots in EMEA will decrease from 19.5% and European collaborative robot market as a result of inflation and ongoing supply chain disruptions. and European collaborative robot market as a result of inflation and ongoing supply chain disruptions.

article thumbnail

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.