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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. percent in 2023, despite a challenging year for manufacturing, tough economic conditions, and supply chain issues.

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New TAS advanced manufacturing action plan

Manufacturer's Monthly

Image: Quality Stock Arts/stock.adobe.com Premier and minister for Trade and Major Investment, Jeremy Rockliff, has released the Advanced Manufacturing Action Plan 2028 to take the Tasmania ‘s $2 billion Advanced Manufacturing industry to the next level.

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Global Virtual and Augmented-Mixed Reality to Witness 11-fold Growth by 2028

Frost & Sullivan Manufacturing

billion by 2028 from $14.55 Similarly, the presence of many display panel manufacturers, a growing number of VR participants, and personal and commercial AR-MR demand contribute to the sector’s growth in APAC.”. Industrial and Manufacturing : The move toward Industry 4.0, in terms of revenues. Contact us: Start the discussion.

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Automation for North American EV battery production

Design World

By 2028, the 40-plus electric vehicle (EV) battery-manufacturing sites in the U.S. could annually output product capable of 1,037 GWh … tracking to increase by twentyfold from the size of the industry just a few years ago, according to the U.S.

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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.

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Federal Gov’t mark milestone in sovereign missile and munitions manufacturing

Manufacturer's Monthly

Image: ID1974/stock.adobe.com The Federal Government has announced a commitment to manufacture 155mm M795 artillery ammunition and Guided Multiple Launch Rocket Systems (GMLRS). The forge is set to produce 15,000 rounds each year by 2028, with capacity to produce up to 100,000 for global consumption.

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Ottawa to buy ferry for route between P.E.I, N.S., will build 2 more ferries by 2028

Canadian Manufacturing

Prime Minister Justin Trudeau made the announcement in Charlottetown, adding that the government will build two new ferries for that route before 2028. The federal government says it will purchase a ferry for the route between Nova Scotia and Prince Edward Island.