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Industrial robot components market report: Anticipated 8.8 percent annual growth forecasted until 2027

Automation Mag

percent from 2022 to 2027. Demand changes in robot types Interact Analysis, a global market research firm, finds in its report that demand for collaborative robots in industrial applications surged in the past two years and is expected to continue until 2027, driven by ease of use and increased human-machine collaboration.

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Four Robotic Predictions for 2024: AI set to supercharge robotic automation

Gary Mintchell

But how will these trends impact robotics and automation and what can the manufacturing industry expect to see next year? 1) AI will set a new pace of development in robotics and automation AI is transforming the world of software development, making it cheaper, faster, and more effective.

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The Future of Eco-Friendly Manufacturing: 10 Key Strategies for Sustainable Materials

Frost & Sullivan Manufacturing

billion expected global investment in chemical recycling technologies by 2027, curtailing material-related carbon emissions. The Sustainable Materials Revolution by the Numbers 40% reduction in carbon emissions by using bio-based and recycled materials in key sectors like packaging and construction.

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CynLr raises Series A funding to realize robot vision for ‘universal factory’

Robotics Business Review

He also cited plant-level automation customers. CynLr CLX-01 stack provides real-time, versatile vision CynLr said its mission is to simplify automation and optimize manufacturing processes for universal factories. . Apply to speak. We are excited to be a part of their journey in building the factories of the future.”

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Global industrial robot market set for ‘steady’ 5-7 percent growth, predicts new forecast

Automation Mag

A recent Interact Analysis forecast predicts that the industrial robots market will continue to grow around five to seven percent until 2027. The pandemic helped to fuel demand for the robotics industry as companies turn to automation as a way of alleviating labour shortages. percent unit shipment and 14.9 percent revenue growth.

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4 ways robotics, AI will transform industry in 2024

Robotics Business Review

Software is a key component of automation, and with AI, software developers will be able to create more customized and optimized solutions for various tasks and challenges. However, automation expertise will remain a scarce and valuable resource in the process of AI revolutionizing manufacturing.

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Infyos Finds 75 per cent of the World’s Battery Supply Chain at Risk of Violating US and EU Laws on Forced Labour

i4.0 today

Lithium-ion batteries are at the heart of the transition from fossil fuels, but fundamental supply chain changes are needed to eliminate widespread forced labour and child labour abuses.