Global mobile robot revenues will reach $5.5 billion in 2024 and grow at more than 20% annually up to 2030, Interact Analysis projects. The firm said it reduced its 2027 forecast for the global market by 18%.
Among other factors that are constraining demand, the retail industry is still going through a post-COVID-19 pandemic correction, the report said. In addition, the market has faced geopolitical risks such as national elections across the globe, as well as ongoing conflicts in Ukraine and the Middle East, with the latter continuing to push up energy costs while also disrupting supply chains, according to the research.
“We now forecast customer uptake will carry on growing at a linear rather than exponential rate, while price declines will be slower than previously anticipated as labor costs increase, preventing an avalanche in demand,” the report said.
Still, companies are continuing their automation plans to mitigate risks associated with labor shortages, rising wages and economic uncertainties, ensuring business continuity and resilience, it said.
Interact Analysis survey findings published in July found that nearly six out of 10 companies were already using some form of mobile automation in their facilities. Larger companies with revenues over $1 billion were more likely to use mobile robots than smaller ones. Most respondents (71%) said they only partially automated their workflows with mobile robots. READ MORE
by Alexei Alexis
Source: manufacturingdive.com
Manufacturers must take a broader, long-term perspective. A single year—12 months, 52 weeks, or 365 days—is a short timeframe in which much can happen. Yet, true transformation requires thinking beyond annual cycles to reimagine the factory of the future.
Sidel has unveiled its new Aseptic Knowledge Centre, a dedicated online resource aimed at assisting manufacturers in the sensitive liquid food and beverage sector. This initiative comes at a time when the demand for healthy, long shelf-life drinks – such as juices, ready-to-drinks and liquid dairy products – is on the rise.
Developed in partnership with hardware specialist Sensos, the ultra-thin label, which is said to be slightly larger than a credit card, provides a cost-efficient and accurate way to track locations. Its versatility makes it suitable for a range of industries, including fleet management, parcel delivery, shipping and luxury goods monitoring.
