Motion controls sales fell by 6.9% in 2024 in ‘rough year’
Revenues in the global motion controls market slumped by 6.9% during 2024, representing a drop of more than $900m to a total of $12.3bn. This… Read More
Revenues in the global motion controls market slumped by 6.9% during 2024, representing a drop of more than $900m to a total of $12.3bn. This… Read More
The Brazilian motors and automation manufacturer WEG is investing around €28m to build a new gearbox manufacturing facility in the Izmir region of Turkey. Read More
China has overtaken Germany to become the world’s third-largest user of industrial robots with 470 robots per 10,000 manufacturing workers (known as “robot density”) compared… Read More
The German mechatronics giant Schaeffler has announced plans to deploy Digit humanoid robots from the US developer Agility Robotics across its global network… Read More
More than three quarters (81%) of industrial companies around the world are using, testing or planning to implement industrial metaverse technologies, according to a major… Read More
Rockwell Automation has appointed Gustavo Zecharies as president of its Emea (Europe, Middle East and Africa) region with immediate effect, succeeding Susana Gonzalez, who… Read More
The number of industrial robots at work in factories around the world rose by 10% last year to reach a total of 4,281,585, according to… Read More
The Brazilian motor manufacturer WEG is buying the Turkish motor-maker Volt Electric Motors for $88m. Volt, a subsidiary of the Saya Group, is… Read More
The global manufacturing industry will expand by 0.6% in 2024, with stronger growth expected in 2025 and beyond, according to a new report from… Read More
The world’s manufacturers will generate 4.4 zettabytes of OT (operational technology) data globally by 2030, according to a new report from ABI Research. This… Read More