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Space robotics market revenue forecast to grow to $7 billion by 2032

Robotics Automation News

The global market for space robotics is forecast to exceed revenues of $7 billion by 2032 with a projected compound annual growth rate of 9 percent over 2023-2032, according to a report by Global Market Insights. The market growth is due to the rapid expansion of the electronic chip manufacturing industry globally.

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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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NVIDIA, Teradyne Robotics, and Siemens discuss autonomous machines and AI

Robotics Business Review

Senior executives from NVIDIA, Siemens, and Teradyne Robotics gathered this week in Odense, Denmark, to mark the launch of Teradyne Robotics’ new headquarters and discuss the advances coming to the robotics industry. billion by 2032 at an annual growth rate of more than 37%, according to Statzon.

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farm-ng raises Series A funding to scale Amiga robot and AI for small to midsize farms

Robotics Business Review

Today, farm-ng said it has completed its Series A funding round, raising more than $10 million to further develop the Amiga robot for agriculture. based farm-ng said its modular electric robot and onboard AI computer are intended to be affordable and adaptable, helping small to midsize farms be more productive, profitable, and sustainable.

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Charging challenges can be solved for rugged robotics, says WiBotic

Robotics Business Review

Modern robotics has come a long way since the 1960s. We’ve created robots accurate enough to work on a production line and safe enough to maneuver around a facility floor. In these locations, the robotics charging challenges become more pronounced. Perhaps the most pressing problem of all is how to charge those robots.

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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. Out to 2027, shipments of collaborative robots in EMEA will decrease from 19.5%