Control Engineering
JUNE 28, 2023
in 2022 thanks to long-term demand for industrial robots to be fueled by the electric vehicle (EV) manufacturing sector. 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. Robotics insights Industrial robot revenues grew by 14.9%
Control Engineering
JANUARY 12, 2023
Supply chain problems, semiconductor shortages and the war in Ukraine continue to affect global markets. Research from Interact Analysis reveals order backlogs resulting from the COVID-19 pandemic fueled the sector over the year, while most drive manufacturers also reported price increases in 2022. through to 2027.
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Control Engineering
OCTOBER 19, 2023
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.
Control Engineering
DECEMBER 15, 2022
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. Meanwhile, revenue growth will average 30-40% annually out to 2027. Logistics mobile robot revenues to exceed 1 million by 2027. billion by 2027 – up from just under $3 billion today.
Control Engineering
MAY 23, 2023
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.
Control Engineering
MAY 25, 2023
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.
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