Remove 2028 Remove Logistics 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

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
Insiders

Sign Up for our Newsletter

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

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. Our new facility paves the way for our first 3D printing platform gigafactory, dubbed Sakuu G-One.

article thumbnail

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. In supply chain training applications, 5G significantly impacts AR/VR through advanced simulation and modelling.

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

Will autotech ventures race east in 2024?

Robotics Business Review

Similar to Lee, Meriçli is capitalizing on the huge opportunity driven by the explosion of e-commerce fulfillment and logistics. According to Markets & Markets , uncrewed forklift technology could grow to more than $8 billion worldwide by 2028. The post Will autotech ventures race east in 2024?

Robotics 121
article thumbnail

5G’s role in the adoption of enterprise augmented reality

Control Engineering

Instead, 53% of the respondents believed that there is more time to adjust to the changes 5G will bring, believing that the impact will start becoming relevant in 3 years’ time, evolving during a period that goes until 2028-2029. Figure 6: Timelines for the impact of 5G in AR for enterprise, N=32.