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Global cobot market revenues exceed $1B in 2023; further growth expected until 2028

Automation Mag

The firm predicts that the global market for cobots will see a 22 percent increase in shipments during 2024 and anticipates similar levels of growth (more than 20 percent) each year through to 2028. percent in 2023, despite a challenging year for manufacturing, tough economic conditions, and supply chain issues.

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Honda announces a nearly $15B investment in Ont., plans to build an EV supply chain

Canadian Manufacturing

Photo: Honda / Manufacturing Automation. ALLISTON — The Prime Minister, Justin Trudeau, and the Premier of Ontario, Doug Ford, welcomed Honda Canada’s milestone investment of approximately $15 billion to create Canada’s first comprehensive electric vehicle supply chain, located in Ontario.

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Industrial robot shipments exceed 500,000 units in 2023

Robotics Business Review

per year between 2024 and 2028. The average price per unit of an industrial robot is on a downward trajectory, following a rise for two consecutive years, and we expect a price decline of around 3% per year between 2024 and 2028. per year between 2024 and 2028. The industrial robot market is expected to grow by ~3.7%

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Bluewhite raises $39M to expand autonomous tractors to farms worldwide

Robotics Business Review

“This next phase of our growth will help provide unprecedented transparency throughout the food supply chain and ensure healthier, safer, and more sustainable food production and consumption,” he added. was one of The Robot Report ‘s top picks for new automation providers at the 2023 World Ag Expo.

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Honda to invest $15B in Canada to strengthen EV supply chain

Automation Mag

Honda expects that electric vehicle production will begin in 2028. Once fully operational, the EV plant will have a production capacity of 240,000 EVs per year and the EV battery plant will have a capacity of 36 GWh per year.

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Electronics Manufacturers face a future full of challenges – Are you ready?

Manufacturer's Monthly

The supply chain tightrope— forget linear, predictable supply chains of the past. In 2022, 41% of Australian businesses faced supply chain disruptions. Shifting consumer demands, intricate supply chains, and razor-thin margins—the challenges seem endless. But despair not!

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From Paper to a Model-Based Enterprise: A Journey Worth Taking

iBASEt

MBE takes the concept of model-based design and extends it past the engineering department to the entire company, including production processes, supply chains, and more. It also encompasses automated smart factories that allow real-time monitoring and control of manufacturing processes. billion in 2023 to USD 35.04