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Interact Analysis: Smart conveyance technology market is projected to be $1.1B by 2029

Automation Mag

percent between 2024 and 2029, with $1.1 billion in sales projected for 2029. percent forecast from 2023 to 2029. By 2029, the market size is projected to be worth more than $80 million, notes the firm. percent in 2024 due to sluggish machinery production and reduced investment in the battery sector. percent in 2024.

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Nissan commits to making next-gen EV batteries by 2029

Canadian Manufacturing

Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said on Apr. 16 during a media tour of an unfinished pilot plant. Japan’s legacy automakers have fallen behind newer rivals like America’s Tesla and China’s BYD in the emerging all-electric auto sector.

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North American Tooling Spend Forecasted to Reach $8.3 Billion in 2025

Mold Making Technology

HRI) recently released the results of the Harbour IQ in-depth study on the current state of the automotive vendor tooling industry. The analysis indicates automotive vendor tooling spend in North America will increase year-over-year at a rate of 13.4%, resulting in $8.3 Photo Credit: Getty Images. Harbour Results Inc.

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Comau changes with robotics market, adds focus on software and new applications

Robotics Business Review

Comau is expanding from automotive manufacturing to logistics applications such as pick and place. The company has been expanding from the automotive industry and systems integration to new markets including logistics and energy, noted Allesandro Piscioneri, global head of strategic marketing, advanced robotics, and digital segments at Comau.

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Chip crisis subdues new car market but EVs now second only to petrol

SMMT

Mike Hawes, SMMT Chief Executive, said, The automotive market remains adrift of its pre-pandemic performance but could well buck wider economic trends by delivering significant growth in 2023. 7 UK Automotive calls for urgent action plan to safeguard £14bn recovery as investment deadlines loom. Notes to editors.

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Only 16% of manufacturers has real-time visibility into production, says Zebra

Robotics Business Review

The report also found that 61% of manufacturers expect artificial intelligence to drive growth by 2029, up from 41% in 2024. They included automotive, electronics, food and beverage, pharmaceuticals, and medical devices. Zebra commissioned Azure Knowledge Corp.

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Industrial robotics market growth expected to remain strong

Control Engineering

Robotics insights Industrial robot market growth is expected to grow at a CAGR of 18% from 2019 to 2029 thanks to robotics being increasingly used in the automotive and electronics industry according to a report by Future Market Insights. The economic condition of these countries has been evolving positively.