Remove Automotive Remove Beverage Remove Industry 4.0 Remove Warehousing
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New Mitsubishi Electric Robot Handles Larger Payloads with Longer Reach

i4.0 today

The robot’s wide effective working area makes it suitable for a variety of processes and industries, including food & beverage, automotive, lithium-ion battery manufacturing, logistics and warehousing.

Robotics 105
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Demand for Robot Vision System is Anticipated to Reach US$ 7,236.2 Million by 2033

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The market is expanding as a result of increased adoption of machine vision systems and the use of cognitive humanoid robots in end use industries such as automotive industry and others. Based on region, demand for robot vision system is expected to increase in North America & East Asia with an impressive CAGR of 18.2%

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Industrial Robot Market Size is Expected to Reach US$ 23.2 Billion by the End of 2033

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Key Takeaways from Market Study The global industrial robot market is projected to grow 12.1% CAGR between 2018 and 2022 The industrial robot dominated the market with US$ 15,755.5 million valuations in 2022 Automotive under end use segment is expected to have market share of 20.3% and reach US$ 56,171.4