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Global industrial robot shipments down in 2024, recovery likely in 2025

As investment cycles pick up and demand stabilises across key industries, 2025 could mark the beginning of a new growth phase, albeit one characterised by tighter margins and more nuanced competition, says Samantha Mou, Research Analyst, Interact Analysis.Read more

Cyient Semiconductor, MIPS partner for RISC-V power solutions in key sectors

Cyient Semiconductor and MIPS partner to co-develop RISC-V-based intelligent power solutions for automotive, industrial robotics, and AI-driven power delivery systems.Read more

Variations in the industrial robot market

The Indian manufacturing industry continues to experience strong growth in 2024, spurred on by government investments in infrastructure. Industrial robots are rapidly gaining traction in India, says Samantha Mou, Reasearch Analyst, Interact Analysis. Read more

Addverb to enter humanoid robotics with next-gen humanoid in 2025

The new humanoid robot will be an advanced AI agent capable of processing vast volumes of multi-modal data from vision, audio, and touch inputs. Read more

Sluggish growth in automation market; machine-integrated robots gain momentum

Partnerships are increasingly being announced between robot vendors and automation providers to develop new products and solutions.Read more

Over 500,000 industrial robots shipped in 2023 globally

The industrial robot market growth trajectory is in line with global manufacturing output figures.Read more

Foxconn, Nvidia join forces for AI factories revolutionising tech production

Expanding its horizons beyond electronics assembly, Foxconn has ventured into the competitive electric vehicle sector, unveiling concept cars at its annual Read more

India's Draft National Robotics Strategy Seeks Public Input

The Ministry of Electronics and Information Technology (MeitY) has extended an invitation for public comments and input from stakeholders regarding the draft "National Strategy for Robotics" (NSR), with the deadline set for October 31.Read more

ABB unveils Next-Gen Robots for Sustainable, High-Precision Manufacturing

Joerg Reger, the Managing Director of ABB Robotics Automotive Business Line, emphasises the relevance of this new robot range in light of the burgeoning electric vehicle (EV) industry.Read more

Components in industrial robot market worth more than $ 18 bn by 2027

A report by Interact Analysis shows an increase in value of components in industrial robots market which was at $10.5 billion in 2021. Japan is currently the largest market for components in industrial robots, but China will catch up by 2027, says report.Read more

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