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Manufacturing, global economy: Mild 2024 recession

Control Engineering

Offset a mile recession in 2024 and depression in 2030 in part with manufacturing automation. Demographics, deficit spending and a weaker dollar will lead to the 2030 Depression; automation will provide stability in the no-growth time of the early 2030s. Manufacturing economy insights. Automation will help.

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How robotics-as-a-service can help manufacturers with operations challenges

Control Engineering

Robotics-as-a-service (RaaS) offers a cost-effective solution for companies to implement automation, with lower upfront costs and faster ROI compared to traditional manufacturing methods. We can’t find labor and that got exacerbated with the pandemic and it’s not going away,” he said, adding there will be 5 million open jobs by 2030.

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Picking robots’ role in manufacturing facilities expected to grow

Control Engineering

Robotics insights Picking robots are expected to have a more significant presence in manufacturing and other industries. Interact Analysis is projecting more than 150,000 will be installed by 2030. million global full-time equivalent (FTE) employees performing static manipulation tasks by 2030, which is more than double that of 2022.

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Robotic picking market rapidly growing due to increased automation adoption

Control Engineering

Robotics insights The robotic picking market is expected to grow to almost $7 billion by 2030, which is leaps and bounds above where it is right now. billion by 2030. million and by 2030 this figure will reach 7.5 billion by 2030. Research indicates the market, worth $236 million in 2022, will increase to $6.8

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Digital Twins are powerful, and they’re not just for products

iBASEt

According to recent research , the global Digital Twin marketing size is projected to reach over $110 billion by 2030, with a CAGR of around 39%. There are actually several types of Digital Twins that can be used in manufacturing. This can extend to post-manufacture, where a twin is used to maintain service and maintenance processes.

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Industrial transformation key focus for Hannover Messe

Control Engineering

Indonesia aims to be one of the world’s top ten economies by 2030, at which point renewables are expected to account for 51.6% ” Hannover Messe was opened by German Chancellor Olaf Scholz and the Joko Widodo, the president of Indonesia, which is the 2023 partner nation. The motto for them is Making Indonesia 4.0.

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Six industrial robotics trends for 2023

Control Engineering

Industrial robotics insights Robotics are being used more often in industrial manufacturing facilities due to a rising labor and skills gap and strong industry demand. Sustainability is a growing trend throughout manufacturing and industrial robots are no exception. Global robotics Venture Capital (VC) investment reached US$5.7

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