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Industrial robot market to grow 5-7% out to 2027

Robotics Business Review

Interact Analysis predicts this long-term growth will be mostly driven by demand from the electric vehicle (EV) manufacturing industry. The post Industrial robot market to grow 5-7% out to 2027 appeared first on Robotics Business Review.

Robotics 102
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Components in industrial robots market forecasting strong growth

Control Engineering

The global market for key components used in industrial robots reached $12.1 billion in 2022, a year-on-year increase of 14.7%, driven by production of collaborative and SCARA robots. The growth of the components market will likely slow down over time, as the robot market matures and stabilizes.

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2023: The year ahead for automation market M&A, capital markets

Control Engineering

Learning Objectives Understand the state of the market as it relates to the automation industry in 2023. Learn about some of the key trends that will be most common in mergers and acquisitions and the impact they’ll have on the automation industry. From 2014 to 2021, the U.S. From 2014 to 2021, the U.S.