Remove 2027 Remove Discrete manufacturing Remove Robotics
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Ultra-low voltage motor, motor drive industry growth driven by mobile robotics, increased flexibility

Control Engineering

billion by 2027, driven by demand from battery-driven applications and increased flexibility in manufacturing and logistics processes. Growth is particularly strong in North America and Asia, with China leading due to the mobile and industrial robotics sectors. By 2027, the ultra-low voltage motor market will be worth almost $6.5

Robotics 124
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Mobile robot shipments grow in 2022

Control Engineering

The mobile robot market (AGVs and AMRs) has enjoyed strong growth in 2022, driven by increasing e-commerce penetration, a lack of labor and on-going shifts to more flexible manufacturing. Although the mobile robot market is now well established, and arguably quite mature in some respects, growth shows no signs of slowing any time soon.

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Components in industrial robots market forecasting strong growth

Control Engineering

The global market for key components used in industrial robots reached $12.1 billion in 2022, a year-on-year increase of 14.7%, driven by production of collaborative and SCARA robots. The growth of the components market will likely slow down over time, as the robot market matures and stabilizes. from 2022 to 2027.

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Global robot market growth projected to be steady

Control Engineering

Robotics insights Industrial robot revenues grew by 14.9% in 2022 thanks to long-term demand for industrial robots to be fueled by the electric vehicle (EV) manufacturing sector. The pandemic helped to fuel demand for the robotics industry as companies turn to automation as a way of alleviating labor shortages.

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Mobile robot component market growth due to greater investment, technology advances

Control Engineering

Robotics insights The mobile robot component market is set to have a projected value of more than $7 billion by 2027 thanks to increased use in manufacturing and non-manufacturing industries. Jackson described mobile robot components as all the organs that go into the robot.

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Ultra-low voltage motors market expected to have double-digit growth

Control Engineering

billion by 2027 with a compound annual growth rate (CAGR) of 12.6%. Mobile robotics is driving demand for ultra-low voltage motors and will account for 15.6% of shipments by 2027 Maxon, Ametek and Minebea Mitsumi are currently the top three players in the ultra-low voltage motors market. between 2022 and 2027.

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Application scenarios key to collaborative robot market success

Control Engineering

Collaborative robot market insights Collaborative robot market penetration to surpass 20% by 2032. collaborative robot market will take a while longer. Universal Robots retains the lion’s share of the global cobot market. Out to 2027, shipments of collaborative robots in EMEA will decrease from 19.5%