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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
Ripplr raises $40mn in series B funding round
Bangalore-based tech distribution and logistics startup, Ripplr has raised $40 million in a Series B round of funding. The company will utilise the funds to strengthen its supply chain tech platform, grow its team, and expand into newer geographies.Read more
Godawari Electric Motors receives ICAT certification for its Li-ion battery
Li-Ion battery used in the e-auto and e-loader of Godawari Electric Motors accomplished AIS 156 authorisation under Amendment-III Phase-II from the International Centre for Automotive Technology (ICAT).Read more
Blue Energy Motors shifts gears with 100th LNG Truck rollout
Blue Energy Motors rolled out its 100th truck from its smart manufacturing facility in Pune. The company’s LNG trucks are sustainable and emit lesser greenhouse gases. Read more
EMO Hannover 2023: Megatrends supporting manufacturers in global competition
Leading firms will present their latest solutions at EMO Hannover 2023. The event will offer companies an unique globally opportunity to put themselves far ahead of the competition, says Dag Heidecker.Read more
Thyssenkrupp inaugurates a new state-of-the-art office in Pune
Thyssenkrupp, an internationally operating group of companies opens a technology center in Hinjewadi, Pune that will act as an innovation hub for thyssenkrupp to deliver digital excellence to its group companies globally.Read more
ICEMA annual industry results for FY 2022-23 shows 26 per cent YoY growth
Indian Construction Equipment Manufacturers' Association (ICEMA) released its industry result for the FY 2022-23. The results shows construction equipment sales grew 26 per cent to cross 1 lakh mark with 28.5 per cent growth in domestic sales YoY, and 3 per cent growth in exports.Read more
Bobba Group opens tech-enabled warehouse on Bellary Road, Bengaluru
Bobba Group inaugurated its new 75,000 square foot tech enabled warehouse facility located at Sonnappanahalli, Bellary Road, Bengaluru. The warehouse also houses a cold zone with a 452-pallet capacity, 8 docking stations and remote monitoring system.Read more
Ultra-low voltage drives market to grow to $3.1 billion by 2027
Interact Analysis report shows a global ultra-LV drives market worth $753 million in 2021. AMR/AGV sector driving revenue growth for ultra-LV drives, accounting for 11 per cent of total market revenues in 2022, stated the report. Three companies currently dominate the market, but is likely to change. Read more
Energy sector is Beckhoff’s biggest market in India
In this interview with Rakesh Rao at Hannover Messe 2023, Marcel Meier, Area Sales Manager International Sales, Beckhoff Automation GmbH & Co KG, discusses about the company’s vision and its strategy for IndiaRead more