Remove 2032 Remove Automotive Remove Logistics Remove Manufacturing
article thumbnail

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

Robotics Business Review

The Houston-based company plans to use the investment to accelerate development and deployment of its platform, which is engineered for tasks in shipbuilding and manufacturing. Other developers have their sights set on logistics or automotive manufacturing , two industries that are major adopters of robotics in general.

Robotics 106
article thumbnail

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

i4.0 today

With the increasing likelihood of a global economic recession in 2023, many industries are struggling with increasing manufacturing cost, such as labor and raw material costs, and maintaining their profit margins. fold increase in demand for logistics and delivery robots and a 6.8-fold Industry 5.0 For example, IDTechEx predicts an 8.8-fold

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Automation mergers, acquisitions, capital markets analysis: September 2022

Control Engineering

Bundy Group’s attendance at, and involvement with, such conferences as Control System Integrators Association, Automate and the International Manufacturing Technology Show. The numerous conversations I have each week with owners, executives, strategic buyers, financial sponsors (i.e. Five automation market observations. Learn more.

article thumbnail

Movers & Shakers Interview with Mr. Vasudevan Krishnamachari, President & Head, Light Vehicle Business Unit, Brakes India and Mr. Rajiv Balagangadharan, Head, European Business, Brakes India

Frost & Sullivan Manufacturing

Brakes India is a leading automotive component supplier both to the domestic Indian market and to global markets. How has the automotive and the allied auto components sector, both in India and globally, transformed over the last couple of years? disruption in the automotive industry. There is massive C.A.S.E

article thumbnail

India’s EV Revolution: E2W and E3W show the way

Dinesh Mishra

The interview feature explores the main factors that are shaping India’s EV present and future growth, such as manufacturing and supply chain, the charging infrastructure, and most important of all, the compelling need for the switch to EVs. Manufacturing and Supply Chain. Our cover story puts the spotlight on India’s EV story.

article thumbnail

Top 10 Transformations Shaping the Global Battery Materials Market

Frost & Sullivan Manufacturing

Ford: Investing in joint ventures to scale up EV battery manufacturing. Companies to Action: Tesla: Collaborating with suppliers for next-gen EV battery production. General Motors: Partnering with LG Chem on battery technology.