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A FANUC robot working in car manufacturing. automotive sales dropped 15% in 2024 compared to 2023. However, in other key areas of manufacturing automation, the US lags behind its competitors. Already, these manufacturers produce robots for a huge domestic market that more than tripled from 2019 to 2023.
Aequs is a fast-growing diversified contract manufacturing company providing vertically integrated product solutions across its global customer base in the Aerospace, Toys, and ConsumerGoods industries. By leveraging its manufacturing ecosystems, Aequs reliably delivers supply chain efficiencies to its global customer base.
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. The Ann Arbor, Mich.-based
A recent Association for Advancing Automation (A3) report finds that robot sales in North American declined by 30 percent in 2023 after record orders in the two previous years. Companies purchased 31,159 robots in 2023, compared to 44,196 ordered in 2022 and 39,708 in 2021.
Could These Risks Derail Your 2023 Engineering Projects? Design News asked Matthew Bey, senior global analyst for RANE, a risk intelligence company, about the current supply chain risks that could impact engineering projects in 2023. What Distributors Would Like to See More of … and Less of from Manufacturers. Read More.
A3 said robot sales in North America were down 6% in the first quarter of 2024 compared to the same period in 2023. In Q1 2023, North American companies ordered 9,168 units for a total of $597 million. North American robot orders declined by 30% in 2023 after two years of record sales.
Automate , is returning to Detroit for a second straight year, running from May 22-25, 2023. Now is the opportunity for companies to take their business to the next level at the most important automation event in 2023,” said Jeff Burnstein, president of A3 in a press release. A3 is a CFE Media and Technology content partner.
Out of over 700 submissions, Ampcontrol was ranked eighth within the Manufacturing and ConsumerGoods category of the Australian Financial Review (AFR) BOSS Most Innovative Companies List for 2023.
Weak demand in the Australian manufacturing sector has driven the country’s Purchasing Managers Index (PMI) to a 35-month low, according to the latest data from Judo Bank. However, the rate of decline in new orders moderated since March due to efforts by manufacturers to complete backlogged work. in April, down from 49.1
Paragon Rapid Technologies, one of the UK’s leading prototyping and low volume manufacturing companies , is delighted to welcome James Ashby as its new Applications Development Manager for the South. Jim joined Paragon Rapid Technologies on 20th March 2023.
North American companies ordered fewer robots in the first quarter of 2023 than for the same period last year. During Q1, non-automotive orders in consumergoods, semiconductor & electronics, plastics & rubber, life sciences/pharmaceutical/ biomedical, metals, and others purchased 3,519 robots, down 42% over Q1 2022.
To highlight its newly launched KMP 600-S diffDrive mobile platform AGV system, KUKA partnered it with a KR IONTEC robot in a cell developed by Mujin for palletizing and depalletizing consumergoods. The KMP 1500 makes flexible production possible and integrates seamlessly into manufacturing operations.
economy and high interest rates, resulting in a 37% drop in robot orders and a 20% decrease in value in Q2 2023 compared to the same period in 2022. The ongoing labor shortage, especially in manufacturing (down another 2000 jobs in July, according to the U.S. A slow U.S. A slow U.S.
The chemicals industry is one of Europe’s largest manufacturing sectors and plays a pivotal role in providing innovative materials and technological solutions. Chemspec Europe 2023 is the ideal platform for enabling new learning opportunities, networking with industry peers, and showcasing this dynamic industry.
At Formnext 2024, a new consortium of leading 3D printing companies was announced to address the most pressing challenges that manufacturers face in adopting and scaling 3D printing technology for industrial use. Today, 3D printing is transitioning from niche innovations to high-volume manufacturing. ” to “how?”
Through the execution of its first-ever project, the Sovereign Manufacturing Automation for Composites CRC (SoMAC CRC) could unveil a new cost-effective solution for protecting launch vehicles and spacecraft against extreme heat and pressure. SoMAC CRC commenced operations in January 2023.
million) during the first half of 2024 compared to the same period in 2023, according to the latest robotics market report from the Association for Advancing Automation (A3). percent increase over the first half of 2023. Food & ConsumerGoods reported a strong performance, with orders surging by 85.6 percent to $982.83
In December 2023, the company announced the acquisition of intellectual property from Giant.AI We see huge potential for their robots in post and parcel, manufacturing, retail, and logistics warehousing operations, where they could complement and collaborate with human workers and automate tasks that traditional robotics can’t.”
SmarTech Analysis, the leading provider of market data and consulting services to the additive manufacturing industry, has released a flagship data product, Polymer Parts Produced: AM Applications Market Analysis, which estimates the production volumes and resulting estimated market values of various polymer additively manufactured components. .
TORONTO — Nulogy, a provider of supply chain solutions, announced that two of its leaders have been named Supply Chain Pros to Know for 2023: CEO Jason Tham and Vice-President of Product Marketing and Go-to-Market Christine Barnhart. CEO Jason Tham and Vice-President of Product Marketing and Go-to-Market Christine Barnhart. Photo: Nulogy.
Healthcare & Pharmaceuticals, Fast Moving ConsumerGoods, Electric Vehicle & Infrastructure sector, Agricultural & Agrochemical, Manufacturing, Engineering & Infrastructure are the leading sectors. GDP growth in 2023. GDP growth in 2023. GDP in FY 2021-22 and is projected to record a 6.2%
Organizers are calling Pack Expo Las Vegas 2023 the “most comprehensive packaging and processing event in North America this year,” highlighted sustainability, noting the Sept. Increased sustainability emphasis includes expert speakers, actionable sustainable solutions in manufacturing, materials, recovery, logistics, analytics and design.
The theme this year for RAPID + TCT , the largest additive manufacturing show in the Northern Hemisphere, was ‘The Next Level’, and next level it certainly was! There were exhibitors, there were talks, there were numerous networking functions, and there were product launches! Come Tuesday we were ready for show time!
CGTech will attend the Southern Manufacturing and Electronics exhibition from 7 th – 9 th February 2023 at the Farnborough International Exhibition Centre. provides smarter data for smarter manufacturing, giving our customers a ‘cutting edge’.”. Manufacturing & Engineering Magazine | The Home of Manufacturing Industry News.
Continuing the strong performance shown earlier this year in emerging robotics markets, life sciences/pharma/biomed (up 35 percent), and food & consumergoods (up 13 percent) both reportedly showed another quarter of double-digit growth. percent drop in revenue compared to the same period in 2023.
For the first time in its exhibition history, the Sumitomo (SHI) Demag booth at Fakuma 2023 (B1-1105) features entirely all-electric machines. The company is showcasing options from the IntElect platform for processors of all sizes operating in every manufacturing sector, producing every application type.
Companies ordered 7,697 robots valued at $457 million from April to July 2023, a 37 percent decline in robot orders and 20 percent drop in value over the same period in 2022. The persistent labour shortage, particularly in the manufacturing sector, continues to be a significant catalyst for automation, says A3.
iPRODUCE is a European-funded project that embraces and explores the connections between several concepts, namely open innovation, social manufacturing, co-creation, and collaboration. Moreover, it explores these collaboration activities in several consumer sectors, including furniture, electronics, mobility, and others.
At Fakuma 2023, visitors will get the opportunity to see Sumitomo (SH) Demag’s LSR processing competence in two live demonstrations. where insulation is required, as well as in medical and healthcare products and the consumergoods sector. As a result, LSR is used extensively in electronic components, cables etc.
Pharmaceutical company Sigma Healthcare Limited has signed a binding term sheet with Chemist Warehouse for the supply of Pharmaceutical Benefits Scheme (PBS) medicines as well as Fast-Moving-Consumer-Goods (FMCG) products for a five-year period beginning on 1 July 2024.
At COMPUTEX Taipei 2023, the Group will present smart technologies empowering sustainable cycles to create green values for customers. For manufacturers and enterprises with high demand for digital transformation and net-zero emissions, the Group offers embedded devices and a cloud management platform. 1, Jingmao 2nd Rd.,
When it comes to history and awareness, polymer additive manufacturing leads the 3D printing industry. End-Use Sectors Finding Value in Polymer Additive Manufacturing. ConsumerGoods. Market forecasts for Polymer Additive Manufacturing. billion in 2033. Medical Devices.
At PLAST 2023 in Milan, Sumitomo (SHI) Demag Italia showcases the company’s own-label robotics series, alongside two energy-efficient and compact IntElect machines equipped with digital tools and remote monitoring. Packaging and medical are continuing to perform strongly and consumergoods remains as important as ever.
Prodex Is a Fastener & Hardware Distribution Company MINNEAPOLIS – June 5, 2023 – The Minneapolis-based True North Family of Companies is pleased to announce the acquisition of Prodex Supply, Incorporated, of Eden Prairie, Minnesota. True North Family of Companies Acquires Prodex Supply Inc. of Eden Prairie, Minn.
This transaction will try to strengthen Sodiaal’s FMCG (Fast Moving ConsumerGoods) division, with a portfolio of diversified brands under Yoplait (Source, Crémeux, Yop, Minigo, Tubes) and Liberté (in particular the Greek and Mediterranean ranges). billion [in 2023], offering a strong growth potential for Yoplait in this region.
The dynamic landscape of Canadian manufacturing is not left untouched by cutting-edge technologies that enhance efficiency, productivity and competitiveness. Digital transformation investment is largely driven today by manufacturers’ increased focus on mining data for business insight. The Manufacturing Institute reports a projected 2.1
Weyhmueller manufactures special machines for producing cups and cans made of paper. Climate-neutral delivery of machines and systems starting in 2023. Optima Consumer at the FachPack trade show in Nuremberg, September 27-29, 2022: Booth no. Optima takes sustainability very seriously. About OPTIMA.
San Antonio, TX – April 19, 2023 – Frost & Sullivan recently researched the fashion, retail, and consumergoods product lifecycle management (PLM) industry and, based on its findings, recognizes Centric Software with the 2023 Global Customer Value Leadership Award.
British Furniture Manufacturers (BFM) has elected a Board member, with a remit to support its new retail membership category. Launched at the January Furniture Show 2023, the new section of membership welcomes retailers into the organisation who are committed to selling and promoting British made goods and is open to retailers across the UK.
In July and August 2023, MIT Technology Review Insights polled 1000 business leaders about their organizations’ approaches to implementing generative AI technologies. Respondents were distributed among 11 industries, including consumergoods and retail, financial services, manufacturing, and pharma and health care.
To hear HSE scientists and engineers presenting 5 min ‘Turbo Talks’ on their work, please join them for the 2023 HSE Annual Science Review launch seminar, online, at 1pm on 20 April. The post Safety won’t be forgotten in the race to Net Zero appeared first on Manufacturing & Engineering.
BFT will immediately begin work to expand fibre manufacturing capacity at its US-flagship facility in Lumberton (NC) and its EU-facility near Düsseldorf (NRW). This financing will enable BFT to produce over 10,000 metric tons of sero hemp fibre per year by 2023 and up to 50,000 metric tons per year by 2026.
Nulogy’s solutions are used by consumergoods (FMCG) and consumer packaged goods companies and their networks of contract manufacturing and contract packaging suppliers. The funding from EDC was completed in the first quarter of 2023.
And IBM’s submission of three additional quantum-safe signature schemes in 2023 continues to support NIST and its ongoing standardization efforts. IBM’s FN-DSA (formerly Falcon) was also among the four algorithms NIST initially selected in 2022, and is expected to be standardized in the future.
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