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Cobot market to see growth at 20% by 2023

A report by Interact Analysis shows that the collaborative robot market penetration is going to surpass 20 per cent by 2032, while the market in EMEA will have recovered by 2H 2023, the US collaborative robot market will take a while longer. Universal Robots retains the lion’s share of the global cobot market.Read more

Delta unveils new brand value proposition at Hannover Messe 2023

The global leader in power and thermal management solutions, Delta demonstrated how its Smart Green Solutions are ‘Realizing an Intelligent, Sustainable and Connecting World’ at Hannover Messe 2023 as its new brand value proposition.Read more

Mobile hydraulics market reaches $18.7bn in 2021

Material handling sector accounts for 25% of mobile hydraulics market in 2020Read more

Efficiency and automation driving demand for gearboxes

Gearbox - a mechanical device that transmits energy from one device to another to reduce speed and generate torque – is vital for the functioning of industrial equipment and products.Read more

LORD Corp plans German facility expansion to tap EV market

LORD Corporation, a global diversified technology and manufacturing company, plans to invest Eur 14 million to expand operations at its Huckelhoven facility in Germany. Read more

“There is continued migration towards water-borne coatings”

Governments around the world, including in India, are setting up regulations to tackle the problem of VOC (volatile organic compounds) emissions in coatings.Read more

HARTING Technology Group remains on clear path for growth

The Espelkamp-based HARTING Technology group remains on a clear path for growth: sales during the recently ended 2015/16 fiscal year (September 30) rose by 3.4 % to €586 million (previous year: €567 million). Excluding negative currency effects, growth would have amounted to 3.9%. Read more

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