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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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Local VIC startup to establish new facility

Manufacturer's Monthly

The new facility will generate jobs in material science and automation engineering and increase production of Aeroperm to 50,000 tons per year by 2029. This is set to boost local and global export markets and benefiting industries like automotive, transport and mining.

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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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Confronted by Rising Costs, Weakening European Demand, and Increased Competition from Chinese Automakers, Volkswagen opts for Drastic Restructuring

Frost & Sullivan Manufacturing

Volkswagen, Germany’s iconic automotive brand, is on the verge of making drastic structural changes. The move, prompted by the company’s need to realign its finances and meet long-term strategic goals, has sent shockwaves through the global automotive market.

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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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Interact Analysis identifies opportunities for motion control and robotics

Robotics Business Review

By 2029, sales of linear systems could exceed $1.1 TAKTOMAT’s key clients are primarily from the automotive sector, so the new product is expected to have applications within this industry. From 2023 to 2029, the market is projected to grow at a compound annual growth rate (CAGR) of 14.6%.

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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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