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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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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.” Other developers have their sights set on logistics or automotive manufacturing , two industries that are major adopters of robotics in general. ” Now accepting session submissions!

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Industrial cybersecurity market to reach $43 billion by 2032

Control Engineering

during the forecast period ranging from 2022-2032. billion by 2032. The rise in investment for the expansion of secure IT infrastructure across the automotive industry is largely responsible for regional growth. The major industrial cybersecurity companies include the domination by Schneider Electric SE, Rockwell Automation Inc.,

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Automation mergers, acquisitions, capital markets analysis: September 2022

Control Engineering

Bundy Group , an investment bank and advisory firm, provides an update on mergers & acquisitions and capital placement activity in the automation market. After a busy year in the automation sector, I wanted to provide observations on activities and trends occurring in this rapidly evolving industry.

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Robotic surgery to benefit from advanced processors and AI, says AMD

Robotics Business Review

The global market for robot-assisted surgery could grow to $83 billion by 2032, predicted Noah Medical. They’re used in industrial automation, automotive, gaming, servers and data centers, and increasingly in healthcare.” In 2021, almost 644,000 robotic surgeries were performed in the U.S.,

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Robotics and Automation in 2022 – Can They be a Hedge to Recession?

i4.0 today

Robotics and automation have significantly revolutionized how people work and live across a number of industries. The robotics and automation sector provides solutions to mitigate the issue by reducing operational costs and increasing production efficiency. fold increase for social robots by 2032 compared with 2021.

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Investing in the future

SMMT

Figures from the Institute of the Motor Industry show that we face a potential shortage of 25,000 TechSafe technicians by 2032, while more immediately, attracting new apprentices remains challenging. Upskilling and reskilling are imperative to delivering net zero, automated technologies and supply chain and aftermarket productivity.