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UR survey shows 48% of manufacturers plan to invest in AI

Robotics Business Review

Source: Universal Robots The artificial intelligence market is projected to reach $407 billion by 2027, with an annual growth rate of 37.3%, according to Forbes. “AI isn’t just hype,” stated Anders Billesø Beck, vice president for strategy and innovation at Universal Robots. Register now.

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Chinese automaker to use UBTECH humanoid

Robotics Business Review

Ubtech says its humanoid robots can be used in industrial manufacturing, exhibition halls, warehousing and logistics, commercial office services, home services, and college and research institutions. The companies did not specify the number of robots that will be deployed or the number of facilities they’ll be at.

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Jeff Burnstein, president of A3, shares top automation trends for 2023

Automation Mag

Overall robot sales slow slightly in Canada, but thrive in automotive and other key industries In 2022, Canadian companies purchased 3455 industrial robots, according to the latest A3 report. However, the move to electric vehicles (EVs) has accelerated the need for robots in this market. 2022 was no different.

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ABB to Invest $280 million in Its European Robotics hub in Sweden

Fabricating & Metal Work

The new factory will feature autonomous mobile robots (AMRs) as a key component in transporting materials and products between the warehouse, assembly stations and assembly departments. Replacing the existing robotics facilities at the site, the new Campus is planned to open in late 2026.

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IFR World Robotics report says 4M robots are operating in factories globally

Robotics Business Review

The operational stock of industrial robots worldwide. Source: IFR World Robotics The International Federation of Robotics’ latest World Robotics report recorded 4,281,585 units operating in factories worldwide in 2023. It expects growth to accelerate in 2025 and continue in 2026 and 2027.

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Robotics and Automation in 2022 – Can They be a Hedge to Recession?

i4.0 today

Robotics and automation have significantly revolutionized how people work and live across a number of industries. The robotics and automation sector provides solutions to mitigate the issue by reducing operational costs and increasing production efficiency. Collaborative Robots (Cobots) Will be in Their Prime Time Within Ten Years.

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AMR Multi-Fleet Orchestration Software: The Emerging Segment Growing 138% Annually

Control Engineering

AMR Insights Growing at a forecast CAGR of 138% between 2021 and 2027, the development of multi-fleet orchestration platforms has largely mirrored the developments of the Warehouse Control Software segment. Interoperability will likely have a commoditizing impact on the mobile robot hardware market. Courtesy: Insight Analysis.