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Formerly Soft Robotics , Oxipital is targeting food processing, agriculture , and consumergoods production for its technology. based company said its robots can work in a variety of industrial sectors, including automotive, metalworking, photovoltaics, food, pharmaceutical, and more. The Duncan, S.C. The Duncan, S.C.-based
Among these customers, the greatest growth in orders between Q1 2023 and Q1 2024 was seen in: Food & consumergoods: 120% Life sciences, pharmaceutical & biomedical: 72% Metals: 46% Non-automotive companies purchased 15,436 robots total in 2023. It’s clearly not just a trend but the cornerstone of modern manufacturing.”
The strongest demand for robots from non-automotive companies came from the metal industry, followed by semiconductor and electronics/photonics; food and consumergoods; life sciences, pharmaceutical, and biomedical; plastics and rubber, and others, said A3. 8 to 10 in Memphis; and the A3 Business Forum on Jan.
The investment reportedly allows the company to accelerate its mission to revolutionize how pharmaceutical and chemical manufacturers optimize their production processes. “Traditional manufacturing software was built for an era before cloud computing and modern AI,” added Gaffoor.
In addition to this, high demand in the consumergoods industry leads to high demand in the Die & Mould segment. Other segments like defense, railways, and capital goods industry also are contributing in a good way to the overall demand. Medical plastics deliver a pharmaceutical compound to its target site.
By leveraging technologies such as advanced automation, artificialintelligence, the Internet of Things, blockchain, and other technologies, manufacturers continue to optimize production, increase efficiency, and drive innovation. Healthcare and Pharmaceuticals. ” manufacturing is undergoing a digital revolution.
Foundation models gain traction Advances in artificialintelligence , particularly foundation models, have been gaining traction in the robotics industry this year, with both established companies and new startups investing in the technology.
The convergence of artificialintelligence (AI), sustainability, and advanced materials is reshaping industries, unlocking billion-dollar opportunities across healthcare, energy, and digital transformation. How will GLP-1 RAs impact the future of precision medicine?
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