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Industrial robot market to grow 5-7% out to 2027

Robotics Business Review

Interact Analysis predicts this long-term growth will be mostly driven by demand from the electric vehicle (EV) manufacturing industry. The post Industrial robot market to grow 5-7% out to 2027 appeared first on Robotics Business Review.

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Industrial robot components market report: Anticipated 8.8 percent annual growth forecasted until 2027

Automation Mag

percent from 2022 to 2027. Demand changes in robot types Interact Analysis, a global market research firm, finds in its report that demand for collaborative robots in industrial applications surged in the past two years and is expected to continue until 2027, driven by ease of use and increased human-machine collaboration.

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TSMC and Japanese partners plan to build second semiconductor manufacturing plant

Robotics Automation News

Taiwan Semiconductor Manufacturing Company, Sony Semiconductor Solutions, Denso and Toyota have jointly announced further investment into Japan Advanced Semiconductor Manufacturing, TSMC’s majority-owned manufacturing subsidiary in Kumamoto Prefecture, Japan. Toyota will also take […]

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Bosch Rexroth’s Mexico Plant Enhances Manufacturing Capacity

Automation World

The new plant is set to create around 900 jobs by 2027, contributing to the expansion of Bosch Rexroth's production capabilities in North America.

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$47 million Manufacturing Centre of Excellence announced in NSW

Manufacturer's Monthly

Image: romankrykh/stock.adobe.com The Federal and NSW Governments are jointly investing more than $47 million to establish the Illawarra Heavy Industry Manufacturing Centre of Excellence at TAFE NSW Wollongong. Investing in a Future Made in Australia means investing in the skills and training industry will need in the years to come.”

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UR survey shows 48% of manufacturers plan to invest in AI

Robotics Business Review

. | Source: Universal Robots The artificial intelligence market is projected to reach $407 billion by 2027, with an annual growth rate of 37.3%, according to Forbes. They came from various industries, primarily manufacturing, healthcare, food and beverage, and automotive.

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300mm fab equipment spending forecast to rise to record levels by 2027: SEMI report

Canadian Manufacturing

MILPITAS — Global 300mm fab equipment spending for front-end facilities is forecasted to reach a record US$137 billion in 2027 after topping US$100 billion for the first time by 2025 on the strength of the memory market recovery and strong demand for high-performance computing and automotive applications, SEMI highlighted on Mar.