Control Engineering
NOVEMBER 9, 2022
The demand, according to Future Market Insights, will lead to substantial growth over the next decade, projecting to reach almost $70 billion by 2032. billion by 2032. billion by 2032. The post Robotic process automation market projected to reach $70 billion by 2032 appeared first on Control Engineering. OnviSource, Inc.,
i4.0 today
MARCH 30, 2023
billion by the end of 2032 and is forecasted to expand at a robust CAGR of 7% from 2022 to 2032, as per data released by Fact.MR, a market research and competitive intelligence provider. billion by 2032. over the forecast period (2022-2032). Billion by 2032 at a CAGR of 7% appeared first on i4.0 Today Magazine.
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Control Engineering
MAY 23, 2023
Collaborative robot market insights Collaborative robot market penetration to surpass 20% by 2032. According to updated research by market intelligence firm Interact Analysis, the collaborative robot (cobot) market will enjoy modest growth out to 2032, with annual growth rates sitting at around 20%.
Control Engineering
SEPTEMBER 26, 2022
Marriage of material handling and automation: With the pandemic supercharging the e-commerce and logistics segments, demand heightened from shipping companies, terminal facilities, and distribution centers for effective automation systems. Learn more. Hitachi, Ltd. Learn more. based in Newtown, Conn.
i4.0 today
DECEMBER 12, 2022
Ever since the occurrence of COVID, global supply chain disruption has been a massive pain point across the globe. This has made many large companies aware of the weaknesses of the current business model where manufacturing is outsourced, and global logistics is heavily needed. For example, IDTechEx predicts an 8.8-fold
i4.0 today
APRIL 24, 2023
Through widespread adoption of Industrial Internet of Things (IIoT) technology and the placing of artificial intelligence (AI) at the edge, a multitude of performance and logistical benefits are being realised. As well as augmenting system capabilities, it means neither system integrators nor end users face supply chain problems.”
Frost & Sullivan Manufacturing
JANUARY 10, 2024
VK: Post-covid, there were some disruptions in the global supply chain. We have rising and unreliable logistics costs, local content requirements and contractual issues like JIT requirements, leading to blocked working capital. Auto components industry exports are expected to grow 5X in the next 10 years (InvestIndia 2 ).
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