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

Gary Mintchell

That makes me confident that 2024 will see the growth of data-driven logistics and manufacturing systems. This transition is a strategic necessity, supporting the shift towards high-volume, high-mix production, resilient supply chains, competitive data utilization, and sustainability goals. The stand-out projected growth area?

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4 ways robotics, AI will transform industry in 2024

Robotics Business Review

That makes me confident that 2024 will see the growth of data-driven logistics and manufacturing systems. This transition is a strategic necessity, supporting the shift towards high-volume, high-mix production, resilient supply chains, competitive data utilization, and sustainability goals. The stand-out projected growth area?

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Transworld Group Records Dip in Energy Consumption in Second Sustainability Report

Dinesh Mishra

lakh individuals through CSR projects in 5 years Mumbai, 19 th February 2024: India-based Transworld Group, a leading Global Shipping & Logistics Solution conglomerate, recently released its sustainability report (SR) for FY22-23. Plans to benefit 2.5 It was established in 1977 and is headquartered in the Jebel Ali Free Zone (Dubai, UAE).

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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. In the long term, demand from new EV manufacturing lines and from service sectors such as intra-logistics will further fuel the market.

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Mobile robot components market projecting strong growth

Control Engineering

New research by Interact Analysis shows the market for mobile robot components is expected to enjoy rapid growth out to 2027, reaching a value of $7.4 Going forward, the dominance of S2P will continue as other logistics firms, such as Alibaba, mimic Amazon’s strategy. By 2027, the market for drivetrain components will reach $4.5

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Universal Robots Shares Four Predictions for 2024: AI Set to Supercharge Robotic Automation

Fabricating & Metal Work

Developments in robotics software will enable more sharing and reuse Logistics is one of industries expected to see a 46% growth in cobot shipments for 2023-2027. That makes me confident that 2024 will see the growth of data-driven logistics and manufacturing systems. The stand-out projected growth area?

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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. Robotics insights Industrial robot revenues grew by 14.9% in 2022 thanks to long-term demand for industrial robots to be fueled by the electric vehicle (EV) manufacturing sector.