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Automotive industry likely to continue leading robotics growth, says A3

Robotics Business Review

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.

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5 robotics trends to expect in 2024

Robotics Business Review

2024 could be a year of building robotics momentum. Source: Adobe Stock 2023 was a year of great change within the robotics industry. Entering into 2024, a number of promising technologies and use cases are primed for growth. Here are five robotics trends that we think will take center stage in 2024.

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BMW testing Figure 01 humanoid at South Carolina automotive plant

Robotics Business Review

Source: Figure AI The interest in humanoid robots continues to gain steam. BMW said its Spartanburg facility is the largest automotive exporter in the U.S., Adcock said Figure is targeting the end of 2024 to start commercially carrying out these initial tasks. Sunnyvale, Calif.-based and it has assembled more than 6.3

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Horizon Robotics raises $696M in Hong Kong’s biggest IPO of 2024

Robotics Business Review

Source: Horizon Robotics Horizon Robotics, a Chinese developer of autonomous driving technology , is raising HK$5.4 According to Reuters , this is the largest IPO in Hong Kong in 2024. These are automotive-grade products optimized for energy and cost-efficient smart driving systems.

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CIIF 2024 shows major robotics trends in China

Robotics Business Review

ESTUN showcased its wide product range and industry-specific solutions, particularly in the battery, solar, and automotive sectors. ABB introduced the Ultra Accuracy feature for its GoFa cobot for ultra-precise applications in the electronics, automotive, aerospace, and metalworking industries.

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Will autotech ventures race east in 2024?

Robotics Business Review

Source: LinkedIn As The Robot Report reported last October, one of the biggest autotech stories of the year was the stalling of Cruise after California’s Department of Motor Vehicles suspended its driverless testing license. Submit your nominations for innovation awards in the 2024 RBR50 awards. Elon Musk talks about autotech on X.

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Top 5 robotics trends for 2024, according to the IFR

Robotics Business Review

Source: IFR The International Federation of Robotics, or IFR, today listed its picks for the top five global robotics trends of this year. In the automotive parts industry, each hour of unplanned downtime is estimated to cost $1.3 The post Top 5 robotics trends for 2024, according to the IFR appeared first on The Robot Report.

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