Remove 2032 Remove Automotive Remove Supply Chain
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Induction motors market will reach $40.5 billion by 2032

Control Engineering

Motor and drive insights The induction motor market is expected to reach more than $40 billion globally by 2032. billion in 2032. Between 2022 and 2032, a strong CAGR of 7.4% It is an excellent choice for the manufacturing and automotive industries because to its durability and low maintenance needs. billion by 2032.

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LOXO expands into Germany with self-driving logistics subsidiary

Robotics Business Review

Germany’s strong logistics market, advanced automotive infrastructure, and progressive legislation surrounding autonomous vehicles make it the ideal location for us to further our middle-mile and mobile distribution projects.” billion in 2023 and projected to surpass $504 billion by 2032, has enormous untapped potential,” asserted LOXO.

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Investing in the future

SMMT

Figures from the Institute of the Motor Industry show that we face a potential shortage of 25,000 TechSafe technicians by 2032, while more immediately, attracting new apprentices remains challenging. Upskilling and reskilling are imperative to delivering net zero, automated technologies and supply chain and aftermarket productivity.

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Movers & Shakers Interview with Mr. Vasudevan Krishnamachari, President & Head, Light Vehicle Business Unit, Brakes India and Mr. Rajiv Balagangadharan, Head, European Business, Brakes India

Frost & Sullivan Manufacturing

Brakes India is a leading automotive component supplier both to the domestic Indian market and to global markets. How has the automotive and the allied auto components sector, both in India and globally, transformed over the last couple of years? VK: Post-covid, there were some disruptions in the global supply chain.

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Automation mergers, acquisitions, capital markets analysis: September 2022

Control Engineering

To further the point, the automated material handling systems market is projected to grow to $70 billion by 2032, which is a 2022 – 2032 compounded annual growth rate of 9.4%.(1). Accenture (NYSE: ACN) has agreed to acquire Inspirage, an integrated supply chain specialist firm focused on Oracle technology. Learn more.

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800V Electric Vehicles Charge into the Mainstream using SiC Power Electronics

i4.0 today

Currently, the weighted-average battery capacity of BEV cars is increasing in all regions, piling pressure on battery supply chains, and creating uncertainty. Yet, it is a challenging time for the automotive industry and 800V adoption experienced some pitfalls in 2022.

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Robotics and Automation in 2022 – Can They be a Hedge to Recession?

i4.0 today

Ever since the occurrence of COVID, global supply chain disruption has been a massive pain point across the globe. Nevertheless, IDTechEx believes that the market will start to take off within two years thanks to the ‘smart factory’ proposals by leading automotive manufacturers, such as Audi. Industry 5.0