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Automotive manufacturing will continue to drive North American robotics adoption, says A3. Source: ABB The Association for Advancing Automation, or A3, today released its quarterly and end-of-year report on robot orders in North America for 2023. Burnstein: The automotive industry in the U.S. The Ann Arbor, Mich.-based
21, 2023 at MongoDB.local Frankfurt, announced MongoDB Atlas for Manufacturing and Automotive, a new initiative that helps organizations innovate with real-time data and build applications that take advantage of intelligent, connected technology.
Source: Interact Analysis Overall global industrial robot shipment volumes exceeded 500,000 units in 2023, Interact Analysis reports. The global market research firm says the industry is starting to bounce back from a 2023 low point. The market saw record highs in 2021, and lows in revenues and shipments in 2023.
Source: A3 After two years of record sales, North American robot orders declined by 30% in 2023, said the latest report from the Association for Advancing Automation, or A3. The organization said it expects the slowdown, particularly in automotive manufacturing, to continue until the second half of 2024.
Source: Schindler Group LOXO AG today opened its first international subsidiary in Munich, Germany. Germany’s strong logistics market, advanced automotive infrastructure, and progressive legislation surrounding autonomous vehicles make it the ideal location for us to further our middle-mile and mobile distribution projects.”
Source: Figure AI The interest in humanoid robots continues to gain steam. This is an impressive milestone for Figure, which was founded in 2022 and exited stealth in early 2023. BMW said its Spartanburg facility is the largest automotive exporter in the U.S., Sunnyvale, Calif.-based and it has assembled more than 6.3
Source: Nuro Nuro Inc. The companyoffers two flagship products to automotive manufacturers, suppliers, and mobility companies: the SAE Level 4 Nuro Driver and Level 2++ Nuro Driver Assist. It said each combines automotive-grade hardware with AI-first self-driving software. This marks the Mountain View, Calif.-based
The Bharat Mobility Global Expo 2025, held from January 17 to January 22, 2025, in New Delhi , marked a pivotal moment for Indias automotive industry, reinforcing the countrys commitment to electrification, sustainable mobility, and smart vehicle technologies.
Robot density in the manufacturing industry in 2023, according to the IFR. Source: IFR Factories worldwide are continuing to adopt more robots, according to the International Federation of Robotics, or IFR. The economies of Korea, Singapore, mainland China, and Japan were among the top ten most automated countries in 2023.
Automation experts share their predictions on trends that Canadian manufacturers need to watch out for in 2023 and respond to accordingly. Overall robot sales slow slightly in Canada, but thrive in automotive and other key industries In 2022, Canadian companies purchased 3455 industrial robots, according to the latest A3 report.
Source: IFR World Robotics The International Federation of Robotics’ latest World Robotics report recorded 4,281,585 units operating in factories worldwide in 2023. By region, 70% of all newly deployed robots in 2023 were installed in Asia, 17% in Europe, and 10% in the Americas. Japan, and China.
We covered 25 acquisitions in 2023, which was down significantly from the 50 we covered in 2022. Below are eight robotics acquisitions, in chronological order, that stood out to us in 2023. In late November 2023, the European Commission shared an update on its investigation into the deal. Ocado paid roughly 2.8% Not a bad start.
Source: Cyngn Cyngn Inc. “Since August 2023, we have secured 12 additional patents, reflecting our relentless pursuit of innovation in autonomous technology,” stated Lior Tal, CEO of Cyngn. US-11,851,074-B2 System and Methods of Large-Scale Autonomous Driving Validation 12/26/2023 18.
Source: ABB One of world’s top industrial automation providers is becoming more independent. Source: ABB ABB Robotics is global No. In 2023, ABB planned to spend $20 million to expand U.S. ABB Robotics makes industrial systems such as this IRB robot demonstrating friction stir welding. production. With 2024 revenues of $2.3
Source: IFR While other countries debate the best mix of public policy, academic research, and private investment to advance their economies, the People’s Republic of China is focusing on robotics. In 2023, China surpassed Germany and Japan in robot density, with 470 robots per 10,000 employees. Click here to enlarge.
Source: Adobe Stock While headlines often spotlight U.S. The company’s portfolio includes LBR iiwa cobot introduced in 2013, and it is expanding into new markets and regions beyond its traditional stronghold in the automotive industry. Europe is a major center of robotics development and use, according to Humanoid.
Source: Cruise Autonomous vehicle (AV) companies, with the proper permits, drove 9,068,861 test miles in autonomous mode from Dec. 2023, according to the California Department of Motor Vehicles (DMV). AV companies reported 6,570 disengagements in 2023, with three companies, AutoX, Cruise, and Mercedes-Benz, reporting none.
July 15, 2023 – Frost & Sullivan recently researched the medium/heavy truck aftermarket industry and, based on its findings, recognizes Mitchell 1 with the 2023 North American Technology Innovation Leadership Award. SAN ANTONIO, TX. For more information, visit the company’s website at mitchell1.com
Source: Adobe Stock Interact Analysis reduced its forecast for the global mobile robot market by 18% in 2027 due to a series of macroeconomic factors it said are impacting demand. Source: Interact Analysis What’s holding back mobile robots?
Source: Cruise General Motors (GM) today announced that it will no longer fund Cruise LLC’s robotaxi deployment work. billion in 2023. However, the company faced a number of struggles in 2023, culminating in an Oct. In June, for example, GM invested another $850 million into the self-driving startup , despite it losing $3.48
Source: Cruise General Motors Co. billion in 2023. Cruise fails to recover from 2023 road bumps When Cruise was most successful, it was running services in San Francisco, Austin, Houston, and Phoenix, and had plans to expand to more than a dozen cities in 2024.
Annual installations reached 37,587 units in 2023. The United States accounted for 77% of total installations in North America in 2023,” says Marina Bill, President of the International Federation of Robotics. In Mexico, demand from the automotive industry surged in 2021 and 2022 and declined by 5% to 4,087 units in 2023.
The market for linear systems has surged over the past three years, with sales revenue growing from $237 million in 2020 to $488 million in 2023. Planar technology is still in its trial period, generating sales of nearly $20 million in 2023. By 2029, sales of linear systems could exceed $1.1
Source: Ubtech Technologies Dongfeng Liuzhou Motor, a subsidiary of Chinese automaker Dongfeng Motor Corporation, signed an agreement for UBTECH’s Walker S humanoid robot. We aim to enhance manufacturing capabilities and promote humanoid robots in the automotive industry,” Changbo told CarNewsChina. m tall (around 5.58
Circular economy for a sustainable value chain: The recycling of materials is an ever-increasing topic of importance within the automotive industry. The BPDM services of Cofinity-X cleans and enriches business partner data across the automotive industry. The first products and services will be available from the end of April 2023.
Source: IFR South Korea was the most automated country by robot density in 2022, according to the IFR. Its economy benefits from two large robot buyers, as well as a strong electronics industry and automotive industry. In 2023, it created a new action plan called called the “ Robot + Application Action Plan.”
This turnkey supplier produces plastic components through injection molding and plastic welding (using both vibration and hot plate methods) for prototype runs ranging from small quantities to several hundred thousand parts per year for industries such as medical, automotive and consumer products. supplier to bring tooling back stateside.
Illustration of the levels of vehicle autonomy based on the definition from the Society of Automotive Engineers. Source: IDTechEx More than 90% of road traffic accidents happen because of human error, so the importance of autonomy and its potential safety benefits cannot be overlooked. and China in recent years.
Source: Unitree At its recent Third Plenum, China mapped out the direction of its economic policies. Massive investment in the country ‘s automotive industry has boosted demand since 2010. Unitree robots at the World Robotics Conference 2024 in Beijing. The country is by far the largest robot market in the world.
Source: Gatik Gatik AI Inc. based company launched its first driverless commercial transportation service with Walmart in 2021 and Kroger in 2023. The automotive and trucking industries self-certify,” said Dr. Adam Campbell, Gatiks head of safety. aims to set the bar high for autonomous truck safety.
Conventional engine, transmission, and affiliated components will represent immediate high-growth opportunities in the automotive aftermarket, while the transition to vehicle electrification will drive investments in electric vehicle (EV) related remanufacturing.
By Benson Augustine, Senior Industry Analyst, Aftermarket & Digital Retail – Mobility Rematec, a leading trade show for stakeholders in the automotive remanufacturing ecosystem, was held in Amsterdam in June this year, after a four-year hiatus.
Robotic Crew founders at RoboBusiness 2023. Source: Ricardo Petrazzini While U.S. “When I went to RoboBusiness 2023, I met a Ph.D. “International networking is a must, and countries like Argentina are a huge untapped source of engineers.” ” The Coral Gables, Fla. ” Register now.
In addition to implementing a comprehensive industrial strategy for Canada, the members of the Canadian Manufacturing Coalition have outlined four priorities they want addressed in the March 28 budget.
Source: FANUC America FANUC America Corp. m) North Campus facility in 2019, and new headquarters in Mexico and Canada in 2023. “We FANUC added that its robots and automation used industries including automotive, aerospace, agricultural, consumer products, food, pharmaceuticals, and warehousing. 60,386-sq.-m) 185,806 sq.
ESTUN showcased its wide product range and industry-specific solutions, particularly in the battery, solar, and automotive sectors. The Chinese company featured cobots more prominently than in 2023. Domestic market has a mixed outlook While some expect a sales pickup towards the end of the year, others remain pessimistic.
Under guidance released in April by the US Department of Treasury following the Inflation Reduction Act, effective April 18, 2023, only EVs that fulfill specific mineral sourcing and battery pack content requirements will qualify for tax credits. Subject to a price cap (i.e., billion in subsidies for battery and semiconductor projects.
Source: PickNik Robotics PickNik Inc. based company is also active in the open-source Robot Operating System ( ROS ) community. PickNik won a 2023 RBR50 Innovation Award for MoveIt Studio, the predecessor to MoveIt Pro. We’re looking to partner with innovators across key markets, such as automotive assembly.”
based robotaxi companies, lost major funding sources that could significantly alter their futures. Robotics investments top $749M in December 2023 Robotics companies raised $749 million in December 2023 as a result of 41 investments. billion for 2023. Recently, Cruise and Motional , two leading U.S.-based Read More 4.
With applications ranging from energy harvesting to sensing, and applicability to sectors being as varied as healthcare and automotive, printed/flexible electronics are set to change our expectations of what electronics can provide and where they can be utilized. Source: IDTechEx. Source: IDTechEx. FHE circuit schematic.
Knowles Precision Devices , a premier global source for Multilayer, High Reliability, Single Layer and Precision Variable Capacitors; EMI Filters; and RF/Microwave Components including RF Filters, Splitters and Couplers, is pleased to announce their attendance at PCIM Europe 2023. SMD case sizes range from 0402 to 8060.
based robotaxi companies, lost major funding sources that could significantly alter their futures. GM said in November 2023 that it would reduce spending on Cruise by “hundreds of millions.” billion in 2023, compared with a loss of $1.9 Automotive parts supplier Delphi acquired nuTonomy in 2017 for $450 million.
Senior sources with information on the project confirmed the federal and Ontario governments will make the announcement this week, but were not yet able to give any dollar figures. The deal comes after years of meetings and discussions between Honda executives and the Ontario government, the sources said. However, comments on Apr.
An increase in demand for healthcare material applications , lightweight automotive materials , sustainable packaging , and antimicrobial materials is opening new avenues. To learn about more growth opportunities for automotive and healthcare materials, view our expert analysis. So, what’s the latest in this dynamic domain?
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