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Report: North American articulated robots market set to grow

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The revenue of the North America articulated robots market is projected to reach $5.85 billion by 2026 in terms of robot systems including hardware, software & service, a 2019-2026 CAGR of 11.98%, according to a new report from ResearchAndMarkets.com.

The North America Articulated Robots Market by Subsystem, Function, Component, Payload, Industry Vertical, and Country 2015-2026: Growth Opportunity and Business Strategy report says annual shipments are expected to exhibit a CAGR of 14.72% during the same period, advancing to 54.26 thousand units in 2026.

Highlighted with 16 tables and 73 figures, this 159-page report is based on  research of the entire North America articulated robots market and all its sub-segments through detailed classifications.

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Flying taxis set to take off

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With traffic jams a common occurrence in the world’s cities, frustrated drivers sometimes find themselves looking to the heavens for a little help from above. A few years from now, the skies could in fact offer a tangible solution.

The Boston Consulting Group predicts that people around the world will take 1 billion flights in air taxis in 2030, once sharing services have also established a presence on fixed routes above the ground.

What is more, most of those air taxis will be capable of operating without a pilot.

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Magna celebrates growing footprint in China with two grand opening events

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Magna held two grand opening ceremonies last month in China, for new factories in Changsha and Shanghai.

The new plant in Changsha, a joint venture with GAC subsidiary GAC Component Co., Ltd. (GAC Component), began production of composite liftgates for a global automaker’s crossover vehicle in late 2018.

Last month, Magna’s plant in Shanghai started production on active aerodynamic grille shutters for an American brand producing multiple vehicle platforms for the China market.

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Space robotics market to boldly go beyond $3 billion by 2025

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The global space robotics market is set to grow from its current market value of more than $2 billion to over $3.5 billion by 2025, according to a new research report by Global Market Insights.

In the space robotics market, near space exploration & transportation segments are gaining popularity due to several missions working on asteroid survey missions, which are near to the Earth’s surface.

The need for continuous maintenance & servicing of the existing satellites is creating a huge demand for this segment, adding up to the market growth.

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ZF unveils electric truck prototype for Japan

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ZF has developed an electric light commercial vehicle specifically for the Japanese market.

The company has been electrifying a wide range of systems not only for passenger cars and commercial vehicles but also for industrial machines.

This prototype vehicle has been developed by ZF Japan’s engineering team at their Tech Centre in Yokohama, collaborating with a team in ZF HQ in Germany in order to satisfy Japan’s unique requirements.

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Automotive and industrial automation sectors forecast to drive micro motor market revenue to $38 billion

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Demand from the automotive and industrial automation sectors is expected to drive micro motor market revenue to $38 billion, according to a new report by Fact.mr.

With soaring vehicle production and sales, the applicability and adoption of electrical equipment are also witnessing a consistent rise globally.

While automatic, quantitative fuel injection systems have already substituted conventional carburetors, micro motors are also rapidly replacing the anti-lock braking systems, which is foreseen to account for remarkable sales of micro motor within the automotive industry.

[Read more…] about Automotive and industrial automation sectors forecast to drive micro motor market revenue to $38 billion

RIA publishes new technical report on collaborative robots

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The RIA R15.06 Standards Committee has finalized Technical Report R15.806-2018 to address the test methods and metrics for measuring pressure and force associated with quasi-static and transient contact events of collaborative applications.

A collaborative robot, or cobot, is a type of robot intended to physically interact with humans in a shared workspace. Collaborative robots are experiencing rapid market growth.

According to Markets and Markets research, the collaborative robots market is expected to reach a value of $4.28 billion by 2023, growing at an astounding 56.94 percent compound annual growth rate.

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OnRobot opens Singapore office for its robot end-of-arm tools

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OnRobot, the Danish end-of-arm tooling specialist, is opening regional headquarters in Singapore.

OnRobot says it will closely focus on the growing demand of end-of-arm-tooling (EOAT) in robotics automation in Southeast Asia.

OnRobot specializes in EOAT for collaborative applications, where machines and humans come together to automate, for faster and cost-effective production. [Read more…] about OnRobot opens Singapore office for its robot end-of-arm tools

Exoskeleton market projected to grow to $6 billion

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The current robotics limelight tends to focus on the ability of new innovations to automate tasks, but a less publicized development is taking place whereby passive exoskeletons have been slowly deployed and adopted to help augment the capability of human workers.

Exoskeleton popularization through passive suits will provide a base for increased resources for powered suits, which will eventually provide significant augmentative capability to the industrial workforce.

By 2028, global Exoskeleton revenues will reach $5 billion with hundreds of thousands of active exoskeletons being deployed, according to ABI Research. The research consultancy’s findings are on its report, Exoskeletons for Industrial Use Cases.

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Firestone unit opens first facility in Germany

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Firestone Building Products, a subsidiary of Bridgestone Americas, has opened its first greenfield plant in Heinsberg, Germany.

The facility, which broke ground in March 2017, employs a workforce of approximately twenty and is located in the Dremmen District of Heinsberg, Germany.

The new facility represents an opportunity to supplement Firestone insulation production in North America in order to meet the growing demand for complete roofing solutions in a global market.

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