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Packaging Robots Market to Worth US$ 7.5 Billion by 2032 at a CAGR of 7%

i4.0 today

The global packaging robots market is valued at US$ 3.8 Packaging robots are adaptable machines designed to complete labor-intensive tasks more quickly, easily, and cost-effectively. Robots are capable of a wide range of tasks related to packaging, including picking and placing, boxing, palletizing, and warehousing.

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Collaborative robot market has strong long-term future

Control Engineering

Collaborative robot insights The collaborative robot (cobot) market dropped 20% in 2022 after a strong 2021, which led some to worry the market was heading for a downturn for the future. According to Interact Analysis’ ‘Global Collaborative Robot Market – 2023’ report, market revenue grew by 17.2% to 37,780 units.

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10 Areas Manufacturers Might See an Impact from AI

Fabricating & Metal Work

AI’s image recognition algorithms can analyze images of products on the assembly line to identify defects that the human eye is unable to detect. It enables forecasting of consumer demand for every SKU, and its unique ability to engage in near-term demand sensing lets you create forecasts based on current supply chain conditions.

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AMRs and AMVs Create Safer Surroundings and Adjust Workflows Quickly

Fabricating & Metal Work

The integration of AI into autonomous mobile robots (AMRs) provides room to maneuver when it comes to transporting components and products between the different stages of production. Earlier this year, ABB’s (Ann Arbor, MI) Marc Segura, who is president of the ABB Robotics Division, commented on the new frontiers for robotics and AI in 2024.

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Factories of the Future Take Shape on a Foundation of Digital Transformation and Digital Twin concepts

Frost & Sullivan Manufacturing

Audi recently announced that it would be leveraging the modular assembly concept to support the development of more agile and efficient production and accommodate the rising demand for personalization at scale. A digital twin of the production floor uses AR, while DT is used to facilitate logistics planning.

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Made in the USA - Season 2 Episode 6: Why, and How, Hardinge is Reshoring Machine Tool Production

Modern Machine Shop

I almost ran my car off the road, when you look at the supply chain, and be able to say, hey, each region, every country in the world today, we need to make sure that we secure our own interests. So it was really optimizing a supply chain, a low-cost supply chain.

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Ignite Your Industry Impact: IFE 2023 Unleashes A New Era of Fastener Excellence

Fastener News Desk

As a whole, we must work together to engage with the general public to change misconceptions of manufacturing and drive awareness to new solutions such as digitization, automation, and robotics. In this keynote, we will highlight how manufacturers are finding success in: Leveraging automation in new ways to support manufacturers.