Remove 2028 Remove Manufacturing Remove Robotics
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Industrial robot shipments exceed 500,000 units in 2023

Robotics Business Review

The industrial robot market is expected to grow by ~3.7% per year between 2024 and 2028. Source: Interact Analysis Overall global industrial robot shipment volumes exceeded 500,000 units in 2023, Interact Analysis reports. Interact Analysis expects the global industrial robot market to grow on average by 3.7%

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ARM Institute signs $35.4M DoD agreement to continue supporting U.S. manufacturing

Robotics Business Review

The ARM Institute supports workforce development and robotics adoption. Source: Adobe Stock The Advanced Robotics for Manufacturing, or ARM, Institute today announced that the continuation of its cooperative agreement with the U.S. Department of Defense’s Manufacturing Technology Program. million over 10 years.

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Global cobot market revenues exceed $1B in 2023; further growth expected until 2028

Automation Mag

According to a report by Interact Analysis, a market intelligence firm, the global collaborative robot market exceeded $1 billion in revenues during 2023, despite overall demand recovering more slowly than expected post-pandemic. percent in 2023, despite a challenging year for manufacturing, tough economic conditions, and supply chain issues.

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5 robotics trends to expect in 2024

Robotics Business Review

2024 could be a year of building robotics momentum. Source: Adobe Stock 2023 was a year of great change within the robotics industry. We’ll see ripple effects from the latest booms in artificial intelligence and humanoid robots for years to come. Here are five robotics trends that we think will take center stage in 2024.

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Robots Are Transforming Space: Automation Is Now in Command

Frost & Sullivan Manufacturing

Robots are now dominating missions across the solar system, performing high-risk tasks, building the foundation for off-Earth industry , and quietly reshaping the economics of space exploration. Over 90% of space robotics innovations are emerging from collaborations between space agencies, universities, and tech companies.

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Interact Analysis predicts strong global cobot market growth

Robotics Business Review

Global cobot market revenues are set to increase at >20% a year from 2024 to 2028. Credit: Interact Analysis The global collaborative robot (cobot) market topped $1 billion in revenues during 2023, despite overall demand recovering more slowly than expected post-pandemic, according to new data from Interact Analysis.

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Fabricating Manufacturing’s Next Chapter

Fabricating & Metal Work

the evolving role of automation in the manufacturing industry was on full display with new or upgraded cobots, industrial robots and autonomous systems, such as AMRs. It was hard to miss cobots or robots, whether they were part of a bending system or welding cell, or as part of a material handling system, among other processes.