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Vention launches turnkey sanding robot for wood workers

Robotics Business Review

. | Source: Vention Vention launched its first turnkey robot for sanding. The company said it developed the product due to growing demand for robot workcells for sanding applications, especially in cabinet making. This is a collaborative robot ( cobot ) with advanced safety features for working alongside humans.

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Humanoid robots can benefit from high-performance seals, says Freudenberg

Robotics Business Review

The humanoid robot market could experience a boom, with projections indicating a substantial and sustained increase over the next decade. Source: Freudenberg Sealing Technologies Industrial robots have become indispensable in modern manufacturing, performing tasks with precision, speed, and efficiency. billion U.S.

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Packaging robots market forecast to worth $7.5 billion by 2032

Robotics Automation News

The global packaging robots market is valued at $3.8 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. Packaging robots are […]

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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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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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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 global robotic process automation market is forecasted to be valued at $2.57 billion by 2032.

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CaPow raises $15M to power global expansion of robot charging

Robotics Business Review

CaPow’s Power-in-Motion charging system has a double-boost effect, so when a robot moves over the charging antennas, it both powers the robot and charges its energy source. The Beer Sheva, Israel-based company said progress in automation efficiency has slowed as a result of several factors.