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VAILO to establish manufacturing facility in QLD

Manufacturer's Monthly

Image: VAILO Australian advanced manufacturing company VAILO will establish a state-of-the-art manufacturing facility on the Gold Coast ahead of the 2032 Brisbane Olympics. The company transitioned from importer to manufacturer, exporting Australian designed and made LED lighting products.

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Robotic process automation market projected to reach $70 billion by 2032

Control Engineering

The demand, according to Future Market Insights, will lead to substantial growth over the next decade, projecting to reach almost $70 billion by 2032. billion by 2032. billion by 2032. The post Robotic process automation market projected to reach $70 billion by 2032 appeared first on Control Engineering.

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Packaging Robots Market to Worth US$ 7.5 Billion by 2032 at a CAGR of 7%

i4.0 today

billion by the end of 2032 and is forecasted to expand at a robust CAGR of 7% from 2022 to 2032, as per data released by Fact.MR, a market research and competitive intelligence provider. billion by 2032. over the forecast period (2022-2032). Billion by 2032 at a CAGR of 7% appeared first on i4.0 Today Magazine.

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Application scenarios key to collaborative robot market success

Control Engineering

Collaborative robot market insights Collaborative robot market penetration to surpass 20% by 2032. According to updated research by market intelligence firm Interact Analysis, the collaborative robot (cobot) market will enjoy modest growth out to 2032, with annual growth rates sitting at around 20%. recovery taking slightly longer.

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

i4.0 today

With the increasing likelihood of a global economic recession in 2023, many industries are struggling with increasing manufacturing cost, such as labor and raw material costs, and maintaining their profit margins. fold increase in demand for logistics and delivery robots and a 6.8-fold Industry 5.0 For example, IDTechEx predicts an 8.8-fold

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Automation mergers, acquisitions, capital markets analysis: September 2022

Control Engineering

Bundy Group’s attendance at, and involvement with, such conferences as Control System Integrators Association, Automate and the International Manufacturing Technology Show. The numerous conversations I have each week with owners, executives, strategic buyers, financial sponsors (i.e. Five automation market observations. Learn more.

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Cooperative Robots or Collaborative Robots – Similar Names, but IDTechEx Asks if They Are Different Opportunities?

i4.0 today

In modern society, the increasing demand for productivity and work complexity requires manufacturers to find a balance between productivity and the ability to perform complicated tasks. In order to meet the requirements for both productivity and flexibility/multi-tasking ability, cooperative robots are introduced.