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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
Ubtech says its humanoid robots can be used in industrial manufacturing, exhibition halls, warehousing and logistics, commercial office services, home services, and college and research institutions. The companies did not specify the number of robots that will be deployed or the number of facilities they’ll be at.
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. Brianna Jackson, a market research analyst for Interact Analysis, said the mobile robot industry is still quite young compared to others.
Collaborative robot insights The collaborative robot (cobot) market dropped 20% in 2022 after a strong 2021, which led some to worry the market was heading for a downturn for the future. According to Interact Analysis’ ‘Global Collaborative Robot Market – 2023’ report, market revenue grew by 17.2% to 37,780 units.
Robotics and automation have significantly revolutionized how people work and live across a number of industries. The robotics and automation sector provides solutions to mitigate the issue by reducing operational costs and increasing production efficiency. Collaborative Robots (Cobots) Will be in Their Prime Time Within Ten Years.
. | Credit: Brianna Wessling, The Robot Report While 2024 was a slow year for the robotics industry, the Association for Advancing Automation (A3) is more optimistic about 2025. After a slow first three quarters of the year, A3’s latest robotics statistics show a strong ending to 2024. in units and 0.1%
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