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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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ARM Institute signs $35.4M DoD agreement to continue supporting U.S. manufacturing

Robotics Business Review

manufacturing through automation and workforce development through 2028. The renewed agreement also offers the Defense Department the option to renew the contract again for another five years after 2028, bringing the ARM Institute’s total possible investment to $70.4 Department of Defense’s Manufacturing Technology Program.

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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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5 robotics trends to expect in 2024

Robotics Business Review

billion by 2028. While Agility Robotics is testing its Digit in Amazon warehouses and with GXO Logistics , it seems to be the exception. Mobile robot use cases will expand in 2024 Just a few years ago, autonomous mobile robots ( AMRs ) were a nascent technology that many industries were hesitant to use. Today, they’re a $20.3

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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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The Connectivity Revolution: How the Emergence of 5G Networks Are Reshaping Manufacturing

21st Century Tech

From manufacturing to supply chain strategies and logistics, IoT sensors can harness the potential of 5G to create a connected, intelligent ecosystem, transforming the way companies operate. The first pilots in North America are expected to be in place by 2028, with wider commercial use available by 2030. When will we see 6G deployed?