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Global cobot market revenues exceed $1B in 2023; further growth expected until 2028

Automation Mag

According to a report by Interact Analysis, a market intelligence firm, the global collaborative robot market exceeded $1 billion in revenues during 2023, despite overall demand recovering more slowly than expected post-pandemic. percent in 2023, despite a challenging year for manufacturing, tough economic conditions, and supply chain issues.

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Industrial robot shipments exceed 500,000 units in 2023

Robotics Business Review

The industrial robot market is expected to grow by ~3.7% per year between 2024 and 2028. Source: Interact Analysis Overall global industrial robot shipment volumes exceeded 500,000 units in 2023, Interact Analysis reports. Interact Analysis expects the global industrial robot market to grow on average by 3.7%

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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. Credit: Interact Analysis The global collaborative robot (cobot) market topped $1 billion in revenues during 2023, despite overall demand recovering more slowly than expected post-pandemic, according to new data from Interact Analysis.

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Global industrial robot shipment exceeded 500,000 in 2023, finds Interact Analysis report

Automation Mag

According to a report from Interact Analysis, a global market research firm, overall global industrial robot shipment volumes exceeded 500,000 units in 2023. According to the report, this number is similar to that seen in 2022 but the average price of industrial robots decreased in 2023. percent per year between 2024 and 2028.

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Bluewhite raises $39M to expand autonomous tractors to farms worldwide

Robotics Business Review

Credit: The Robot Report Bluewhite this week announced that it secured $39 million in Series C financing. “This next phase of our growth will help provide unprecedented transparency throughout the food supply chain and ensure healthier, safer, and more sustainable food production and consumption,” he added.

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ABB Announces Rebrand of its Autonomous Mobile Robot Portfolio

Fabricating & Metal Work

ABB has launched its first range of rebranded Autonomous Mobile Robots (AMRs) following its acquisition of mobile robot leader ASTI Mobile Robotics in 2021. Since adding AMRs to its portfolio, ABB is the only company with a comprehensive and integrated offering of robots, AMRs and machine automation solutions. “At

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AMD unveils Spartan UltraScale+ FPGA family for edge processing

Robotics Business Review

Source: AMD As robots and sensors proliferate, the need for robust compute has increased. The company said this will help address “the explosion of sensors and connected devices” such as robots. from 2022 to 2028, according to the FPGA Market Global Forecast. . Advanced Micro Devices Inc. MIPI D-PHY.”

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