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Manufacturing industry recovery dependent on prudent fiscal policies

Control Engineering

Global manufacturing insights The Interact Analysis Manufacturing Industry Output (MIO) Tracker predicts a slight dip in global manufacturing industry output in 2024, followed by an uptick in 2025, contingent on appropriate fiscal policies and stimulus initiatives. contraction – rather than 0.3% Could the global malaise stick?

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Modest global manufacturing growth expected

Control Engineering

Manufacturing insights Manufacturing decline is now expected in 2024 rather than 2026. The Americas enjoyed a strong year for manufacturing growth in 2022, but labor shortages continue to hamper US manufacturers. Chinese manufacturing economy gets back on its feet after a turbulent period. In 2022, U.K.

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Global manufacturing industry growth reached 3.8% in 2022

Control Engineering

Market Insights Machinery sector growth outperformed manufacturing in 2022. London, 31 st January 2023 – Updated research by Interact Analysis shows that Asia Pacific (APAC), Europe and the US have performed very differently in terms of manufacturing output growth during 2022. Americas region to grow by 3.1% for Europe.

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Robot orders down in first quarter of 2023

Control Engineering

During Q1, non-automotive orders in consumer goods, semiconductor & electronics, plastics & rubber, life sciences/pharmaceutical/ biomedical, metals, and others purchased 3,519 robots, down 42% over Q1 2022. In addition to labor shortages, we’re seeing many U.S. In addition to labor shortages, we’re seeing many U.S.

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Robots are becoming more flexible and resilient

Control Engineering

Industries that stand to benefit the most include food and beverage, pharmaceutical, manufacturing, logistics and construction as companies are trying to fill labor shortages to keep operations running efficiently. – This originally appeared on Control Engineering Europe’s website.

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Top 5 Control Engineering content: August 8-14, 2022

Control Engineering

Pharmaceutical control system integration: Fixing a blind spot in the process design helped user requirements for a heat exchanger control system. Cloud architecture, when examined in its entirety, can be very complex. Focusing on its interface with operations technology makes matters clearer and more manageable.

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Video: AI-enabled item-picking robot speeds fulfillment, is easy to integrate

Control Engineering

Application industries include e-commerce, pharmaceuticals, cosmetics and electronics among others. Richard (Rick) Ankney, global account manager, robots and discrete automation, Robotics Business Unit, ABB, explains advantages of ABB AI-enabled Robotic Item Picker.