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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. The firm’s report shares that annual revenue growth for cobots was around 11.9

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Interact Analysis predicts strong global cobot market growth

Robotics Business Review

Global cobot market revenues are set to increase at >20% a year from 2024 to 2028. Looking to the future, the market intelligence specialist predicts the global market for cobots will see a 22% increase in shipments during 2024 and anticipates similar levels of growth (>20%) each year through 2028.

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Sakuu Opens New Battery Printing and Engineering Facility

Additive Manufacturing

We are in a rapid growth phase due to strong demand for our forthcoming printed batteries,” said Sean Sharif, VP of Global Supply Chain and Logistics. The new facility will allow Sakuu to scale its 3D printing battery platform as the company looks to open gigafactories around the world with a total energy output goal of 60GWh by 2028.

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KSH Distripark launches Pune’s first Domestic Container Storage Facility and introduces Container Leasing Solution for on-demand cargo storage

Dinesh Mishra

KSH Distriparks is Pune’s leading logistics service provider for best-in-class container logistics solutions for a seamless transportation network, buffer yard solutions, ocean imports, bonded warehouse facilities, and DPD transportation services. billion dollar industry by 2028 growing at a compounded annual rate of 1.7%

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Digital Disruption Hits New Electric Vehicle Retailing as Customers Flock to Convenience of Online Platforms

Frost & Sullivan Manufacturing

Here, online models will support substantial savings on personnel, inventory, and logistics. The push towards a seamless digital retail journey will also receive impetus from Gen Zs and Millennial customers – an increasingly prominent segment of automotive buyers. million BEVs by 2028.

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5 robotics trends to expect in 2024

Robotics Business Review

” Robots get out of the warehouse and into new roles Robots have come a long way from being used almost exclusively for automotive manufacturing. billion by 2028. While Agility Robotics is testing its Digit in Amazon warehouses and with GXO Logistics , it seems to be the exception. Today, they’re a $20.3

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VasanthaTech Establishes US Operations in Cincinnati

Mold Making Technology

Reddy anticipates having up to 60 employees working at this facility by 2028. ” In addition, VasanthaTech handles all the logistics of working with the Austria and India locations to manage the project and have the finished mold shipped to the U.S. Industry veteran Shawn Schnee is CEO of VasanthaTech.