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

Control Engineering

Robotic process automation insights. The demand is increasing for robotic process automation in healthcare, as robotic process automation can mimic human interaction. The demand, according to Future Market Insights, will lead to substantial growth over the next decade, projecting to reach almost $70 billion by 2032.

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

i4.0 today

The global packaging robots market is valued at US$ 3.8 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. They come in different robot sizes, payloads, reaches, and mounting configurations.

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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. collaborative robot market will take a while longer. Universal Robots retains the lion’s share of the global cobot market. The logistics industry will also play an important role in this growth trajectory.

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

i4.0 today

Robotics and automation have significantly revolutionized how people work and live across a number of industries. The robotics and automation sector provides solutions to mitigate the issue by reducing operational costs and increasing production efficiency. Collaborative Robots (Cobots) Will be in Their Prime Time Within Ten Years.

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

i4.0 today

Collaborative robots, also commonly known as cobots, refer to robots that work side-by-side with human operators. Unlike industrial robots that are separated from human operators, cobots share the same working space as humans. or industrial robots. What Are the Pros and Cons of Cooperative Robots, and Why?

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Advantech Showcases Latest Product Innovations at SPS Italia

i4.0 today

Through widespread adoption of Industrial Internet of Things (IIoT) technology and the placing of artificial intelligence (AI) at the edge, a multitude of performance and logistical benefits are being realised. The company is committed to use 100% renewable energy in its factories by 2032, and to increase its energy efficiency by 87% by 2030.

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Automation mergers, acquisitions, capital markets analysis: September 2022

Control Engineering

Marriage of material handling and automation: With the pandemic supercharging the e-commerce and logistics segments, demand heightened from shipping companies, terminal facilities, and distribution centers for effective automation systems. Learn more. Shingle & Gibb Automation, a Graybar subsidiary based in Moorestown, N.J., Learn more.