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According to A3, 2024 saw a notable shift as non-automotive industries captured a larger market share. Food and consumergoods emerged as the years fastest-growing sector, with robot orders surging by 65 percent. Life sciences, pharmaceutical and biomedical industries also posted strong results, with 46 percent growth in orders.
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.-based
“It’s particularly encouraging to see that non-automotive customers are continuing to grow their adoption of robots, demonstrating the expanding reach and impact of automation across various industries.” Non-automotive customers ordered 4,096 robots in Q1 2024, which accounted for 48% of total orders.
The organization said it expects the slowdown, particularly in automotive manufacturing, to continue until the second half of 2024. Both automotive, non-automotive robot orders dip According to A3 , North American companies purchased 31,159 robots in 2023, compared with 44,196 ordered in 2022 and 39,708 in 2021.
These 2023 orders were divided almost equally among automotive (15,723 robots sold) and non-automotive companies (15,436 robots sold). There was a 34 percent drop in sales to automotive OEMs and automotive suppliers over 2022 and a 25 percent total decrease in all other industries.
With over four decades of expertise, MPP has consistently provided top-tier components, products, and assemblies to a broad spectrum of industries, including Automotive, ConsumerGoods, Safety, Spa & Pool, Building & Construction, Pharmaceuticals, Housewares, and more.
Accenture said many of the world’s largest pharmaceutical and food companies use technology solutions from Pollux in their Brazil operations. Eclipse Automation creates automated manufacturing systems for life sciences, industrial equipment, automotive, energy and consumergoods companies.
The deal, valued at INR 20 Crores, encompasses a diverse range of applications, spanning E-commerce, Fast-Moving ConsumerGoods (FMCG), and Fast-Moving Consumer Durables (FMCD). Omega Seiki Mobility has been growing its product lineup and manufacturing footprint rapidly in India.
Decreases in industrial supply and consumergoods pushed the overall trade deficit $4 billion to $78.2 Exports have weakened in recent months as global economies grapple with inflation and higher interest rates, while a stronger US dollar has made American goods more pricey for foreign consumers. ” Read More.
Automotive customers accounted for 68% of all robot orders in Q1, with 5,659 robots purchased. During Q1, non-automotive orders in consumergoods, semiconductor & electronics, plastics & rubber, life sciences/pharmaceutical/ biomedical, metals, and others purchased 3,519 robots, down 42% over Q1 2022.
Responding to the rise in e-commerce and growing demand for shelf ready packaged goods, the IRB 365 has been developed for applications including food and beverage, pharmaceuticals and consumergoods, where production line speed and adaptability are essential.
Carbmee serves enterprise customers across various industry verticals, including fast-moving consumergoods, automotive, logistics, and pharmaceuticals.
Velo3D has already seen extensive interest in the alloy from automotive manufacturers for use in high-pressure die cast inserts, injection molding, and other types of tooling.
India is among the world’s biggest metal-cutting machine tools markets, with sectors like automotive, general engineering, energy, and aerospace being the major demand drivers. Demand from automotive customers is growing post the pandemic and is envisaged to touch of pre-pandemic levels of 2018-19.
While these two trends are common across many industries, perhaps nowhere are they more pronounced than in the automotive industry. Beyond the automotive industry, even the most basic household appliances are now wireless and connected. New companies may have limited resources and expertise necessary to overcome hurdles that may arise.
While we don’t know who its first customer is, the company said BMW Group had tested Figure 02 for handling fitted sheet-metal parts on its automotive production line for two weeks in Spartanburg, S.C. So far, Boston Dynamics has shown the robot doing pushups and handling large automotive parts. billion, a 1.9%
Investment Outlook : Pharmaceutical , biotechnology , and fast-moving consumergoods (FMCG) companies are investing in next-gen encapsulation methods to enhance product efficacy and shelf life. Investment Outlook: Automotive, construction, and aerospace companies are accelerating adoption of AI-powered design solutions.
A3 reported declines in semiconductors, electronics , and photonics of -32% and automotive components of -21%. Orders increased in food and consumergoods (+60%), life sciences / pharmaceuticals / biomedical (+43%), and metals (+8%). Non-automotive orders surpassed automotive orders in the first three quarters of 2024.
Food and consumergoods led the quarter with 77% year-over-year growth, driven by seasonal demand and continued investment in automation, A3 said. What’s going on in the automotive industry? Despite Q4’s gains, robot sales in the automotive industry remained slow.
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