Remove 2028 Remove Logistics Remove Manufacturing
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

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

Robotics Business Review

Source: Adobe Stock The Advanced Robotics for Manufacturing, or ARM, Institute today announced that the continuation of its cooperative agreement with the U.S. Department of Defense’s Manufacturing Technology Program. manufacturing through automation and workforce development through 2028. million over 10 years.

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

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

21st Century Tech

In his first contribution to the blog site, he writes about the change that 5G is bringing to manufacturing. For manufacturing this is not an incremental improvement over previous communication protocols. When it comes to manufacturing, 5G is making a noticeable difference. Dijam is the Co-founder and COO of GridRaster Inc. ,

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. It will house a confluence of teams: battery, engineering, material science, R&D and additive manufacturing, and will oversee new gigafactory employee training and client product demos.

article thumbnail

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%

Cargo 52
article thumbnail

ABB Unveils Smallest Industrial Robot with Class-leading Payload and Accuracy

i4.0 today

kg payloads for highest manufacturing quality, 50 percent higher payload than comparable robots on the market, Consumes 20 percent less energy using OmniCore E10 controller enabling manufacturers to improve energy efficiency, reduce costs. New IRB 1010 designed to meet growing consumer demand for wearable smart devices.