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. “These customers are now eager to integrate CyRo into their production lines and experiment the transformational vision of a universal factory that can profitably produce custom-fit consumergoods, even at low volumes.” ” of 25 robots, which CynLr plans to expand to more than 50 systems by 2026.
By 2026, 63% of companies in India intend to buy most key items from regional suppliers, up from 34% today. Even more organizations (77%) in India plan to produce and sell most of their products in the same region by 2026, up from 29% today. billion in 2026, according to the report.
Industrial connectivity IOT Analytics reports “by 2026, more than 50 percent of all products sold by original equipment manufacturers (OEMs) will be IoT connected” and “the number one benefit of connected IoT projects is generating deep insights into customer usage of their products and services (67 percent).”
While these two trends are common across many industries, perhaps nowhere are they more pronounced than in the automotive industry. Beyond the automotive industry, even the most basic household appliances are now wireless and connected. New companies may have limited resources and expertise necessary to overcome hurdles that may arise.
Food and consumergoods led the quarter with 77% year-over-year growth, driven by seasonal demand and continued investment in automation, A3 said. What’s going on in the automotive industry? Despite Q4’s gains, robot sales in the automotive industry remained slow.
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