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Packaging robots market forecast to worth $7.5 billion by 2032

Robotics Automation News

billion by the end of 2032 and is forecasted to expand at a robust compound annual growth rate of 7 percent from 2022 to 2032, according to data released by Fact.MR, a market research and competitive intelligence provider. The global packaging robots market is valued at $3.8 billion in 2022 to $7.5 Packaging robots are […]

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Space robotics market revenue forecast to grow to $7 billion by 2032

Robotics Automation News

The global market for space robotics is forecast to exceed revenues of $7 billion by 2032 with a projected compound annual growth rate of 9 percent over 2023-2032, according to a report by Global Market Insights. The market growth is due to the rapid expansion of the electronic chip manufacturing industry globally.

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LOXO expands into Germany with self-driving logistics subsidiary

Robotics Business Review

Germany is a natural next step for LOXO as we continue our mission to revolutionize commercial vehicle automation in Europe,” said Amin Amini, CEO of LOXO. billion in 2023 and projected to surpass $504 billion by 2032, has enormous untapped potential,” asserted LOXO.

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Robotic process automation market projected to reach $70 billion by 2032

Control Engineering

Robotic process automation insights. The demand is increasing for robotic process automation in healthcare, as robotic process automation can mimic human interaction. The demand, according to Future Market Insights, will lead to substantial growth over the next decade, projecting to reach almost $70 billion by 2032.

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Vention launches turnkey sanding robot for wood workers

Robotics Business Review

“We are delighted to make automation more accessible to small and mid-sized businesses through an expansion of our Rapid Series line of turnkey cobot solutions,” said Etienne Lacroix, founder and CEO of Vention. Montreal, Canada-based Vention said it enables businesses of all sizes to adopt automation. from 2024 to 2032.

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Persona AI raises $27M to develop humanoid robots for shipyards

Robotics Business Review

“Their mission goes beyond automation; they’re working towards building a safer and more efficient workplace.” alone, driven by advancements in AI and the global demand for intelligent automation that mirrors human capabilities. ” Now accepting session submissions!

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Revolutionizing testing with bearings

Design World

The Automated Test Equipment (ATE) market, valued at USD 8.5 billion in 2022, is poised for an impressive surge with a 10% CAGR (2023-2032) propelled by the global shift towards vehicle electrification. ATE, the cornerstone of precision testing, relies fundamentally on industrial bearings.