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Estun was among the many companies showing humanoid robots at CIIF in China. Credit: Georg Stieler Over the past three years, more than half of the world’s robots were sold in China. Also, collaborative robots are on a growth path, driven by applications in electric vehicle production and inspection.
Due to high interest rates, elevated inventory, and sluggish demand, the global machinery industry has been facing a tough year in 2024. Interact Analysis here discusses two new growth areas it has identified from its research and conversations with manufacturers: smart conveyance technology and robots with machine-integrated control.
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