Remove 2028 Remove Automotive Remove Supply Chain
article thumbnail

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.

article thumbnail

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%

Robotics 119
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

Robotics 115
article thumbnail

Carmakers failing to decarbonise supply chains despite rising EV sales

E&T

The annual ranking from Greenpeace East Asia evaluates the world’s 15 largest traditional carmakers on their phase-out of combustion engine vehicles, supply chain decarbonisation, and resource reduction and circularity. Despite rapid growth in EV sales, combustion engine vehicles continue to dominate the global automotive market.

article thumbnail

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.

article thumbnail

Why 2023 promises great expectations in a value-driven EV market

E&T

Based on data from the Society of Motor Manufacturers and Traders (SMMT), this could be the result of different factors that are currently affecting the automotive industry, including rising inflation and cost of raw materials. Dominic Tribe is a partner and automotive sector specialist at management consultancy  Vendigital.

article thumbnail

Digital Platforms, eCommerce, and Mobile On-Demand Services to Create a New Look GCC Automotive Aftermarket

Frost & Sullivan Manufacturing

The eCommerce boom, digital platforms, and mobile on-demand services are transforming the automotive aftermarket across the Gulf Cooperation Council (GCC) region. The absence of a robust local manufacturing base for automotive components has made the region extremely import dependent. billion in 2028.