Remove 2018 Remove Automotive Remove Discrete manufacturing
article thumbnail

Industrial robotics market growth expected to remain strong

Control Engineering

Robotics insights Industrial robot market growth is expected to grow at a CAGR of 18% from 2019 to 2029 thanks to robotics being increasingly used in the automotive and electronics industry according to a report by Future Market Insights. This is driven by the digitalization of manufacturing processes.

article thumbnail

Manufacturers using digital transformation to future-proof operations

Control Engineering

Capturing manual assembly data Silicon Valley startup Invisible AI helps manufacturers digitally capture data from manual assembly lines to provide valuable insights and drive improvements. Co-founded in 2018 by two software engineers, the startup announced the close of a $15 million Series A funding round in Sept 2022.

article thumbnail

When will the mobile robot vendor base consolidate?

Control Engineering

The combined market share of the top 10 and top 20 leading vendors barely changed between 2018 and 2020 and indeed dropped in 2021. From automated tugger trains on automotive production lines, through to mobile manipulators picking individual items in a fulfillment center.