#Robotics and Automation Actuators Market Share

[amrutmnm]

The Global Robotics and Automation Actuators Market Size was valued at USD 18.7 billion in 2022 and is estimated to reach USD 35.8 billion by 2027, growing at a CAGR of 13.9% during the forecast period. Industries across all the regions are expected to adopt robotics and automation actuators that have simple designs, are easy to operate, and are cost-effective.

Driver: Ongoing technological advancements in Robotics and automation actuators

The demand for improved performance Robotics and automation actuators for use in various industries has led to the development of new and advanced actuators such as electrical actuators, compact pneumatic actuators, and explosion- proof actuators. Electrical actuators are the most advanced actuators in terms of technology. They are increasingly used in the mining, automation, aerospace & defense, and chemical industries as they are silent, clean, non-toxic, and energy competent. These actuators are more efficient than pneumatic and hydraulic actuators. Electrical actuators can be integrated with critical systems using data bus communication. They offer instant feedback of movements of end effectors and provide accurate variable control over motor speed acceleration and velocity. They are also easy to install. Electrical actuators have a long shelf life and require low maintenance, leading to low total functional costs as compared to other actuators.

Moreover, several other types of actuators, such as mini-electrical actuators, digital linear actuators, and idle speed controllers, have also been developed and introduced in the market. Thus, continuous technological advancements in actuators are expected to lead to their increased application in various industries, thereby fueling their demand across the globe. This increased demand for different types of actuators is expected to contribute to the growth of the Robotics and Automation Actuators Industry during the forecast period.

[aimarketresearch]

Smart Exoskeleton Market Size, Share, Trends, Growth Opportunities and Competitive Outlook

Smart Exoskeleton Market - Size, Share, Demand, Industry Trends and Opportunities

Global Smart Exoskeleton Market, By Component (Sensors, Actuators, Power Source, Control System, Others), Type (Soft Exoskeleton and Rigid Exoskeleton), Body Part (Upper Body, Lower Body, Full Body), Application (Industrial, Healthcare, Military, Others) – Industry Trends

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**Segments**

- **Component:** The smart exoskeleton market can be segmented based on component into sensors, actuators, power source, control systems, and others. Sensors play a vital role in detecting and interpreting the user's movements, while actuators assist in providing the necessary power for mobility. The power source is crucial for ensuring continuous performance, and the control systems ensure seamless integration and coordination of all components.

- **Type:** Smart exoskeletons can be categorized into active exoskeletons and passive exoskeletons. Active exoskeletons use powered actuators to augment the user's movements, providing additional strength and endurance. Passive exoskeletons, on the other hand, rely on mechanical structures to support and enhance the user's movements without the need for external power sources.

- **Application:** The market for smart exoskeletons is segmented based on application, including healthcare, industrial, military, and others. In the healthcare sector, smart exoskeletons are used for rehabilitation and assisting individuals with mobility impairments. In the industrial sector, they enhance worker productivity and reduce the risk of musculoskeletal injuries. The military utilizes smart exoskeletons for enhancing soldier performance and reducing fatigue during missions.

- **Region:** Geographically, the global smart exoskeleton market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America and Europe are leading regions due to technological advancements and a strong healthcare infrastructure. The Asia Pacific market is witnessing rapid growth driven by increasing investments in research and development and a rising focus on industrial automation.

**Market Players**

- **Ekso Bionics:** Ekso Bionics is a key player in the smart exoskeleton market, known for its cutting-edge robotic exoskeleton technology designed to assist individuals with mobility challenges. The company's products find applications in both medical rehabilitation and industrial settings.

- **Cyberdyne Inc.:** Cyberdyne Inc. is another prominent player specializing in the development of robotics and exoskeleton technology. The company's HAL (Hybrid Assistive Limb) exoskeleton is widely used in healthcare settings for rehabilitation purposes.

- **ReWalk Robotics:** ReWalk Robotics is a leading provider of robotic exoskeletons for individuals with spinal cord injuries. The company's products focus on enhancing mobility and independence for users, showcasing significant advancements in the field of exoskeleton technology.

- **Rex Bionics:** Rex Bionics is recognized for its innovative robotic exoskeletons that aid individuals with mobility impairments. The company's products are designed to provide users with greater freedom of movement and improved quality of life.

The global smart exoskeleton market is poised for substantial growth, driven by technological advancements, increasing applications across various sectors, and a growing emphasis on enhancing human capabilities. As the demand for smart exoskeletons continues to rise, market players are focusing on research and development to introduce more advanced and specialized products catering to diverse user needs.

https://www.databridgemarketresearch.com/reports/global-smart-exoskeleton-marketThe global smart exoskeleton market is witnessing a paradigm shift driven by the integration of advanced technologies and the increasing focus on enhancing human capabilities across various sectors. One key trend shaping the market is the development of lightweight and ergonomic designs that prioritize user comfort and mobility. Manufacturers are also focusing on enhancing the sensory feedback mechanisms in smart exoskeletons to improve user experience and maneuverability. Moreover, the incorporation of artificial intelligence and machine learning algorithms is expected to revolutionize the functionality and adaptability of smart exoskeletons, allowing for more personalized and efficient user interactions.

Another significant trend in the smart exoskeleton market is the growing adoption of cloud-based systems for data storage and real-time monitoring of user performance metrics. This digital transformation enables remote access to user data, facilitating continuous product improvement and customization based on individual needs. Additionally, the implementation of smart sensors and Internet of Things (IoT) connectivity in smart exoskeletons offers opportunities for predictive maintenance, user tracking, and seamless integration with other smart devices for comprehensive user support and management.

In terms of market opportunities, the rising demand for smart exoskeletons in emerging economies presents a promising growth prospect for market players. As these regions witness rapid industrialization and urbanization, there is an increasing need for innovative technologies to enhance worker productivity, reduce manual labor risks, and promote efficient rehabilitation practices. Furthermore, the expanding geriatric population worldwide is driving the demand for smart exoskeletons in the healthcare sector, as these devices offer personalized assistance and support for individuals with mobility impairments and age-related conditions.

However, the smart exoskeleton market also faces certain challenges that may impact its growth trajectory. One such challenge is the high initial costs associated with smart exoskeletons, which may limit their adoption among cost-sensitive end-users and healthcare facilities. Moreover, regulatory constraints and safety concerns regarding the use of robotic technologies in critical applications pose potential roadblocks for market expansion. Addressing these challenges through strategic partnerships, regulatory compliance, and continuous innovation will be essential for market players to capitalize on the full potential of the smart exoskeleton market.

Overall, the global smart exoskeleton market is poised for significant growth, driven by technological advancements, evolving user demands, and the increasing integration of smart technologies across various sectors. By leveraging these trends and opportunities, market players can enhance their product portfolios, expand their market presence, and solidify their position in the competitive landscape of the smart exoskeleton industry.**Segments**

- Global Smart Exoskeleton Market, By Component (Sensors, Actuators, Power Source, Control System, Others) - Type (Soft Exoskeleton and Rigid Exoskeleton) - Body Part (Upper Body, Lower Body, Full Body) - Application (Industrial, Healthcare, Military, Others) – Industry Trends and Forecast to 2029

The global smart exoskeleton market is experiencing significant growth opportunities and technological advancements across various segments. The component segment, including sensors, actuators, power sources, control systems, and others, plays a crucial role in the functioning and efficiency of smart exoskeletons. Sensors are essential for detecting user movements, while actuators provide power for mobility assistance. The power source ensures continuous performance, with control systems facilitating seamless integration and coordination of all components.

Categorizing smart exoskeletons into active and passive types highlights the different mechanisms of operation. Active exoskeletons utilize powered actuators to enhance user movements, while passive exoskeletons rely on mechanical structures for support without external power sources. This segmentation showcases the versatility and adaptability of smart exoskeleton technology across various user needs and preferences.

The application segment highlights the diverse range of industries benefiting from smart exoskeleton technology. In healthcare, smart exoskeletons aid in rehabilitation and mobility assistance, while the industrial sector improves productivity and reduces musculoskeletal injuries. The military sector utilizes smart exoskeletons to enhance soldier performance and reduce fatigue during missions, emphasizing the broad spectrum of applications for this advanced technology.

Geographically, the global smart exoskeleton market is segmented into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America and Europe lead in technological advancements and healthcare infrastructure, while the Asia Pacific region is witnessing rapid growth driven by research investments and industrial automation focus. Understanding regional market dynamics helps market players tailor their strategies to meet specific demands and capitalize on growth opportunities.

**Market Players**

Market players such as Ekso Bionics, Cyberdyne Inc., ReWalk Robotics, and Rex Bionics are key contributors to the smart exoskeleton market, known for their innovative technologies and advancements in exoskeleton development. These companies focus on enhancing user experience, improving mobility, and promoting independence through their products, reflecting the market's commitment to addressing diverse user needs and challenges.

The integration of advanced technologies, lightweight designs, and ergonomic features underscores current market trends shaping the smart exoskeleton industry. Manufacturers prioritize user comfort, maneuverability, and sensory feedback mechanisms to enhance overall product performance. Furthermore, the adoption of cloud-based systems, artificial intelligence, and IoT connectivity presents new opportunities for product enhancement, real-time monitoring, and personalized user interactions in the smart exoskeleton market.

Despite challenges such as high initial costs and regulatory constraints, smart exoskeleton market players can overcome these obstacles through strategic partnerships, innovation, and compliance measures. By leveraging evolving trends, market opportunities, and technological advancements, players in the smart exoskeleton industry can expand their market presence, drive innovation, and meet the increasing demands for enhanced human capabilities across sectors worldwide.

Key Coverage in the Smart Exoskeleton Market Report:

Detailed analysis of Smart Exoskeleton Market by a thorough assessment of the technology, product type, application, and other key segments of the report

Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period

Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth

Comprehensive analysis of the regions of the Smart Exoskeleton industry and their futuristic growth outlook

Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Smart Exoskeleton Market Landscape

Part 04: Global Smart Exoskeleton Market Sizing

Part 05: Global Smart Exoskeleton Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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[rushikesh-d]

Electronic Clutch Actuators Market Size, Analyzing Trends and Projected Outlook for 2025-2032

Fortune Business Insights released the Global Electronic Clutch Actuators Market Trends Study, a comprehensive analysis of the market that spans more than 150+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.

The Electronic Clutch Actuators Market is experiencing robust growth driven by the expanding globally. The Electronic Clutch Actuators Market is poised for substantial growth as manufacturers across various industries embrace automation to enhance productivity, quality, and agility in their production processes. Electronic Clutch Actuators Market leverage robotics, machine vision, and advanced control technologies to streamline assembly tasks, reduce labor costs, and minimize errors. With increasing demand for customized products, shorter product lifecycles, and labor shortages, there is a growing need for flexible and scalable automation solutions. As technology advances and automation becomes more accessible, the adoption of automated assembly systems is expected to accelerate, driving market growth and innovation in manufacturing. Electronic Clutch Actuators Market Size, Share & Industry Analysis, By Application Type (Manual transmission, Automated Manual Transmission, Fully Automatic Transmission), By Market Type (OEM, Aftermarket), By Vehicle Type (Passenger Cars, Commercial Vehicles) and Regional Forecast 2021-2028

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Dominating Region:

North America

Fastest-Growing Region:

Asia-Pacific

Major Electronic Clutch Actuators Market Manufacturers covered in the market report include:

Some of the major companies that are present in the electronic clutch actuators market include WABCO, Infineon Technologies, DENSO CORPORATION, Magneti Marelli, TREMEC, ZF Friedrichshafen AG, Allison Transmission, Continental AG, Robert Bosch GmbH, Avtec, Delphi Automotive, and Schaeffler Group among the other players.

Moreover, the shifting of gear without a clutch pedal, self-adjustment by automatic clutch, and reduction in the wearing of the clutch plates are the main features of the electronic clutch actuator. These actuators provide multiple benefits such as fuel economy, safety, high durability, and reliability to the vehicle, driver as well as comfort to the passengers in the vehicle.

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

North America (United States, Mexico & Canada)

South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Electronic Clutch Actuators Market Research Objectives:

- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.

- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).

- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.

- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.

- To deliberately profile the key players and systematically examine their growth strategies.

Frequently Asked Questions (FAQs):

► What is the current market scenario?

► What was the historical demand scenario, and forecast outlook from 2025 to 2032?

► What are the key market dynamics influencing growth in the Global Electronic Clutch Actuators Market?

► Who are the prominent players in the Global Electronic Clutch Actuators Market?

► What is the consumer perspective in the Global Electronic Clutch Actuators Market?

► What are the key demand-side and supply-side trends in the Global Electronic Clutch Actuators Market?

► What are the largest and the fastest-growing geographies?

► Which segment dominated and which segment is expected to grow fastest?

► What was the COVID-19 impact on the Global Electronic Clutch Actuators Market?

FIVE FORCES & PESTLE ANALYSIS:

In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.

Political (Political policy and stability as well as trade, fiscal, and taxation policies)

Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)

Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)

Technological (Changes in digital or mobile technology, automation, research, and development)

Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)

Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

Points Covered in Table of Content of Global Electronic Clutch Actuators Market:

Chapter 01 - Electronic Clutch Actuators Market for Automotive Executive Summary

Chapter 02 - Market Overview

Chapter 03 - Key Success Factors

Chapter 04 - Global Electronic Clutch Actuators Market - Pricing Analysis

Chapter 05 - Global Electronic Clutch Actuators Market Background or History

Chapter 06 - Global Electronic Clutch Actuators Market Segmentation (e.g. Type, Application)

Chapter 07 - Key and Emerging Countries Analysis Worldwide Electronic Clutch Actuators Market.

Chapter 08 - Global Electronic Clutch Actuators Market Structure & worth Analysis

Chapter 09 - Global Electronic Clutch Actuators Market Competitive Analysis & Challenges

Chapter 10 - Assumptions and Acronyms

Chapter 11 - Electronic Clutch Actuators Market Research Methodology

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Autonomous Road Maintenance Market: Smart Infrastructure, AI-Guided Pavement Repairs, and Robotic Maintenance Solutions 2024-2034

Autonomous Road Maintenance Market is anticipated to expand from 4.2 billion in 2024 to 9.8 billion by 2034, growing at a CAGR of approximately 8.8%.

The Autonomous Road Maintenance Market encompasses the development and deployment of automated technologies and systems designed to perform road upkeep tasks without direct human intervention. This market includes robotic systems, AI-driven maintenance vehicles, and smart infrastructure solutions aimed at enhancing road safety, efficiency, and longevity. It addresses challenges such as labor shortages and increasing maintenance demands, offering innovations in predictive maintenance, real-time monitoring, and sustainable practices, thus transforming traditional road maintenance into a more efficient and cost-effective process.

The Autonomous Road Maintenance Market is witnessing robust growth, driven by technological advancements and the increasing need for efficient infrastructure management. The segment of autonomous road sweepers is leading the market, owing to the demand for enhanced urban cleanliness and reduced labor costs. Autonomous pothole repair systems are the second-highest performing sub-segment, reflecting the urgent need for timely and cost-effective road maintenance solutions.

Regionally, North America dominates the market due to its advanced infrastructure and significant investments in smart city projects. Europe follows as the second-highest performing region, supported by stringent government regulations on road safety and environmental sustainability. Within countries, the United States holds the top position, benefiting from substantial government funding and private sector initiatives. Germany ranks second, driven by a strong focus on innovation and public-private partnerships in infrastructure development. The market's growth is further fueled by ongoing research and development, aiming to enhance the efficiency and reliability of autonomous road maintenance technologies.

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Market SegmentationTypeFully Autonomous, Semi-AutonomousProductAutonomous Road Sweepers, Pothole Repair Machines, Line Marking Robots, Snow Plows, Debris Removal RobotsServicesMaintenance as a Service (MaaS), Consulting and Advisory, Training and SupportTechnologyMachine Learning, Computer Vision, GPS and Navigation Systems, Sensor Fusion, LIDAR, V2X Communication, Artificial Intelligence, Cloud ComputingComponentSensors, Actuators, Control Systems, Software, Power SupplyApplicationHighways, Urban Roads, Rural Roads, Bridges and TunnelsDeploymentOn-Premise, Cloud-Based, HybridEnd UserGovernment Agencies, Municipalities, Private Contractors, Infrastructure CompaniesFunctionalityObstacle Detection, Path Planning, Real-Time Monitoring, Data AnalyticsEquipmentRoad Surface Monitoring, Traffic Management, Safety Systems, Communication Devices

In 2024, the Autonomous Road Maintenance Market was estimated to have a volume of 120 million metric tons, with projections to reach 200 million metric tons till 2028. The autonomous sweeping segment commands the largest market share at 45%, followed by autonomous inspection at 30%, and autonomous repair at 25%. The sweeping segment benefits from urbanization trends and the push for cleaner cities. Key players include Caterpillar Inc., Volvo Group, and Komatsu Ltd., each holding substantial shares. Caterpillar's emphasis on AI integration and Volvo's expansion in autonomous technologies are notable.

[global-research-report]

Global Welding Equipment Market Insights: Key Players and Industry Trends Shaping the Future

The global welding equipment market is anticipated to reach USD 27.77 billion by 2030 and is anticipated to expand at a CAGR of 5.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The demand for welding equipment is fueled by growing consumer preference for automated devices such as robotic welding equipment and laser welding techniques in comparison to manual ones. The majority of the demand for welding equipment is associated with end-use industries such as automotive, aerospace, transportation, and construction, which are also experiencing operational difficulties owing to macro-economic factors.

According to HIS Markit, new vehicle sales accounted for 82.4 million globally in 2022, which is up by 3.7% in 2021. The continually increasing demand for automobiles worldwide is anticipated to increase the demand for tools and robots in the automotive industry. This, in turn, is expected to boost the demand for welding equipment over the projected period.

Heavy industries, building & construction, and transportation are among the important end-use industries of welding equipment. In the transportation sector, welding equipment is commonly utilized to fabricate various vehicle body components. According to the Organisation Internationale des Constructeurs d’Automobiles (OICA), in 2022, the worldwide output of vehicles was 81,628,533 units. Innovations and technical advancements, such as automation, robotics, IIoT, and others, in the automotive sector to meet rising customer demand are anticipated to increase the demand for welding equipment. In addition, the increasing sales of electric vehicles are expected to further propel the adoption of the welding equipment industry in the coming years.

The rise in construction activities globally, coupled with swift urbanization in developing nations like China, India, Brazil, and those in the Middle East and Africa, is poised to propel the expansion of the construction sector. Increased disposable incomes and enhanced consumer spending capabilities are expected to drive investment in new building construction. Furthermore, government initiatives emphasizing urban planning and infrastructure development in multiple countries are likely to provide additional momentum to the growth of the construction sector. Consequently, the positive trajectory of the construction industry is anticipated to have a favorable impact on the expansion of the market.

Welding Equipment Market Report Highlights

In 2023, automatic welding equipment dominated the global market, accounting for 56.4% of the total revenue share. This dominance is attributed to its capacity to enhance productivity, reduce cycle duration, and improve efficiency in welding processes. The widespread adoption of automatic welding equipment on a global scale has surged in recent years, driven by its ability to achieve rapid weld cycle times, deliver high output, and substantially lower welding costs

In 2023, the arc welding technology segment held the largest share of the global revenue in 2023. The growing prevalence of arc welding technology can be attributed to its inherent characteristics, including flexibility and adaptability to diverse conditions. Notably, continuous advancements in robotic arc welding play a pivotal role in propelling the growth of the arc welding segment within the welding equipment market

The aerospace end-use segment is projected to witness growth at the fastest CAGR from 2024 to 2030 owing to the growing applications in aerospace manufacturing, including heating elements, circuit board traces, electronic components, actuators, fine ribbon welding, inductors, mesh welding, and hybrid micro-weld devices

Asia Pacific dominated the global market on account of the robust automotive industry. Increasing demand for electric and hybrid cars is expected to benefit the demand for welding equipment

In February 2023, Miller Electric Mfg. LLC launched the miller Deltaweld 852, Deltaweld 402, Deltaweld 602, welding machines in Southeast Asia. These machines specifically cater

Welding Equipment Market Segmentation

Grand View Research has segmented the welding equipment market based on technology, type, end-use and region:

Welding Equipment Technology Outlook (Revenue, USD Billion; 2018 - 2030)

Arc Welding

Shielded Metal/Stick Arc Welding

MIG

TIG

Plasma Arc Welding

Others

Resistance Welding

Laser Beam Welding

Oxy-Fuel Welding

Others

Welding Equipment Type Outlook (Revenue, USD Billion; 2018 - 2030)

Automatic

Semi-Automatic

Manual

Welding Equipment End-use Outlook (Revenue, USD Billion; 2018 - 2030)

Aerospace

Automotive

Building & Construction

Energy

Oil & Gas

Marine

Others

Welding Equipment Region Outlook (Revenue, USD Billion; 2018 - 2030)

North America

US

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Asia Pacific

China

India

Japan

Australia

South Korea

Central & South America

Brazil

Argentina

Middle East & Africa

South Africa

Saudi Arabia

List of Key Players

The Lincoln Electric Company

ACRO Automation Systems, Inc

Miller Electric Mfg. LLC

Ador Welding Limited

Mitco Weld Products Pvt. Ltd.

voestalpine Böhler Welding Group GmbH

Carl Cloos Schweisstechnik GmbH

OTC DAIHEN Inc.

Illinois Tool Works Inc.

Panasonic Industry Co., Ltd.

Coherent, Inc.

ESAB

Polysoude S.A.S.

Kemppi Oy.

Cruxweld Industrial Equipments Pvt. Ltd.

Recent Developments

In February 2023, Miller Electric Mfg. LLC launched the Copilot Collaborative Welding System in February 2023. It is a cobot with advanced capabilities intended for welders and shops new to robotic welding who are looking for solutions to keep up with demand.

In March 2023, voestalpine Böhler Welding Group GmbH launched Böhler Welding`s Crane & Lifting Full Welding Solution. The product helped the company to achieve 50% faster welding speed.

Order a free sample PDF of the Welding Equipment Market Intelligence Study, published by Grand View Research.

[semiconductorsandelectronics]

Service Robotics Industry worth USD 98.65 billion by 2029

The report "Service Robotics Industry by Environment (Ground (AGVs, Cleaning, Surgical, Humanoid), Marine, Aerial), Component (Airframe, Sensor, Camera, Actuator, Power Supply, Control System, Navigation System, Propulsion System and Software) - Global Forecast to 2029" The service robotics market is projected to grow from USD 47.10 billion in 2024 to reach USD 98.65 billion by 2029; it is expected to grow at a CAGR of 15.9% from 2024 to 2029.

The growing usage of robots for new applications providing high returns on investment coupled with the rising use of loT in robots for cost-effective predictive maintenance is a few key factors driving the service robotics market. There is a surge in demand to reduce hospital-acquired infections regularly, which has fueled the demand for disinfection robots. Furthermore, funding for service robotics research has increased significantly in recent years, with governments making substantial investments. By 2028, Al researchers in G20 countries are expected to contribute around USD 11.5 trillion to intelligent technologies.

The software segment for aerial service robots is expected to record the highest CAGR during the forecast period.

The software used in robots consists of a set of coded commands and a list of instructions that program them to perform specific tasks. Robotic software provides functionalities similar to an operating system, offering services such as hardware abstraction, low-level device control, common functionality implementations, inter-process communication, and package management. As robots become increasingly sophisticated, software becomes crucial for their control. The software segment for aerial service robots is projected to experience the highest CAGR during the forecast period, driven by various advancements. Numerous companies are developing software designed to map the 3D data collected by unmanned aerial vehicles (UAVs). This software is commonly used for the semi-automation of UAVs, helping to maintain stability, as takeoff and landing can be challenging for operators. Additionally, this feature is easy to program and cost-effective.

The hardware segment in by component segment is expected to account for a larger share of the service robotics market during the forecast period.

The hardware segment is anticipated to hold a larger share of the service robotics market during the forecast period, largely due to the emergence of innovative hardware designs. However, the sensors used in service robots can be quite expensive. Additionally, the batteries required for drones are often costly and must be replaced regularly, especially when the drones are used frequently for commercial purposes. This replacement contributes significantly to the overall operating costs of drones. Furthermore, new technologies such as exoskeletons and pool-cleaning robots remain relatively pricey for most urban households. Nonetheless, due to increased adoption and economies of scale, hardware costs are expected to decrease over time. As production processes become more efficient, the prices of hardware components are projected to decline, ultimately providing better cost benefits.

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China in Asia Pacific region is projected to hold the largest market share during the forecast period.

China holds the largest share of the service robotics market in the Asia Pacific region and will continue the trend during the forecast period. The main factor driving this market in China is the aging population. The country is experiencing a rapid demographic shift, with individuals aged 65 and older projected to constitute 26% of the population by 2050. This aging trend is leading to a labor shortage, which, in turn, is pushing up wages. As a result, the demand for professional robots in various sectors—such as logistics, security, and cleaning—is expected to rise significantly. Additionally, the growing elderly population will likely increase the demand for domestic and assistive robots. Consequently, the demand for delivery robots is also anticipated to grow rapidly.

The report profiles key players such as Intuitive Surgical Operations, Inc. (US), DJI (China), Daifuku Co., Ltd. (Japan), JD.com, Inc. (China), and iRobot Corporation (US).

[rohitpalan]

Global Robotics Prototyping Market for 2023 to 2033: Projected Growth at 8.2% CAGR, Reaching USD 12.1 Billion

The global Robotics Prototyping Market is expected to witness substantial growth in the coming decade, driven by increasing automation across industries and the demand for rapid, cost-effective prototyping solutions. Valued at approximately USD 3.8 billion in 2023, the market is set to expand at a compound annual growth rate (CAGR) of 8.2%, reaching a projected USD 12.1 billion by 2033. Robotics prototyping, a cornerstone of innovation in manufacturing, healthcare, defense, and various other industries, enables companies to test robotic designs and components before full-scale production, reducing time-to-market and enhancing operational efficiency.

With the continuous advancements in AI, machine learning, and materials science, robotics prototyping is becoming a crucial component of the global tech ecosystem. Leading players are focusing on expanding their capabilities to offer seamless prototyping services that meet the diverse needs of a technologically evolving world.

Key Takeaways from the Market Study

Robust Growth Projection: The Robotics Prototyping Market is expected to grow at an 8.2% CAGR from 2023 to 2033.

Market Size Expansion: Valued at USD 3.8 billion in 2023, the market is anticipated to reach USD 12.1 billion by 2033.

Industrial Demand: The manufacturing and healthcare sectors are major consumers, driving demand for prototyping to improve efficiency and reduce development costs.

Regional Leaders: North America and Europe remain at the forefront of robotics innovation, with Asia-Pacific emerging as a key player, driven by industrial automation across China, Japan, and South Korea.

Drivers and Opportunities

The Robotics Prototyping Market growth is fueled by several factors:

Increasing Demand for Industrial Automation: As industries globally shift towards automation to enhance productivity and cut costs, the need for robust, customizable robotic prototypes is surging. Robotics prototyping is essential in developing flexible automation solutions for manufacturing, logistics, and warehousing sectors.

Advancements in AI and Machine Learning: The integration of AI and machine learning in robotics has accelerated prototyping, allowing for smarter and more efficient robot designs. AI-driven prototyping shortens development cycles and allows for real-time testing and adjustments.

Cost Efficiency in Product Development: Robotics prototyping significantly reduces time and costs associated with production, enabling manufacturers to test new designs thoroughly before launching them into production, thereby minimizing risks associated with failures.

Growing Use in Healthcare and Defense: In healthcare, robotics prototyping is key to developing advanced surgical robots, rehabilitation devices, and assistive robots. Meanwhile, the defense sector is leveraging prototyping for drones and unmanned systems, which demand precise testing for optimal functionality.

Component Insights

The Robotics Prototyping Market is segmented into hardware, software, and services. The hardware segment, including sensors, controllers, and actuators, holds the largest share due to the essential nature of these components in prototyping. Software, however, is expected to experience the fastest growth, driven by advancements in simulation technologies that streamline design and testing processes.Application Insights

The market serves diverse applications, including manufacturing, healthcare, automotive, aerospace, and defense. Manufacturing leads the market, with robotics prototyping being integral to developing customized, high-precision automation solutions. In healthcare, robotics prototyping is instrumental in creating surgical robots and medical assistive devices. The automotive industry also benefits greatly from prototyping, where precision engineering and design validation are essential.

Deployment Insights

On-premises deployment currently dominates the Robotics Prototyping Market, especially in industries that prioritize data security and have established infrastructure. However, cloud-based deployment is gaining traction due to its cost efficiency, scalability, and flexibility, allowing companies to simulate, test, and iterate robotic models rapidly.

Key Companies & Market Share Insights

Several key players are contributing to the competitive landscape of the Robotics Prototyping Market. Companies such as Boston Dynamics, KUKA AG, ABB Ltd., and iRobot Corporation are leveraging advancements in AI and machine learning to drive innovation in prototyping. These firms are focused on expanding their R&D capabilities and are investing heavily in automation solutions to maintain market relevance.

Recent Developments

2023: ABB Ltd. introduced an advanced robotics prototyping platform that integrates real-time AI analytics for enhanced testing accuracy.

2024: Boston Dynamics announced a collaborative robotics prototyping initiative with leading universities to drive advancements in surgical robotics.

2024: KUKA AG expanded its prototyping division in Asia-Pacific, targeting the region’s rapid adoption of industrial automation and robotics technologies.

2025: iRobot Corporation launched a cloud-based robotics prototyping service, allowing for efficient prototyping across multiple industries remotely.

[marketresearch758]

PROFINET Cables Market Size, Share, and Demand Analysis: Trends and Growth Forecast from 2025 to 2032

The PROFINET Cables Market is poised for significant growth as industries continue to embrace industrial automation and IoT (Internet of Things) technologies to optimize production processes and increase operational efficiency. PROFINET (Process Field Network) is a popular industrial Ethernet protocol used in manufacturing and automation applications, ensuring high-speed and reliable data transmission between devices in real-time. The demand for PROFINET cables is directly tied to the increasing adoption of industrial networking solutions, and the market is expected to expand steadily over the forecast period.

Market Overview:

PROFINET cables are a vital component in the industrial automation ecosystem. They are designed to support high-speed data transmission for industrial systems and are widely used in applications such as factory automation, process control, robotics, and other IoT-enabled systems. These cables facilitate the reliable transfer of data between devices, ensuring efficient communication in highly demanding environments. The market for PROFINET cables is growing due to the increasing automation of manufacturing processes, the need for faster and more efficient data transfer, and the expansion of smart factories and industries.

The main advantage of PROFINET cables is their ability to deliver high-speed, real-time communication with low latency and excellent reliability, making them suitable for time-critical applications. They are also designed to operate in harsh industrial environments, offering robust protection against electrical interference, extreme temperatures, and mechanical stress.

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Market Trends:

Industrial IoT Adoption: The integration of IoT in industrial operations is one of the primary drivers of the PROFINET cables market. The growing reliance on connected devices and smart machines in industries like manufacturing, automotive, and energy is boosting the demand for reliable networking solutions. PROFINET, being a key technology in industrial networking, is expected to see increased demand as more devices are connected to the network.

Industry 4.0: Industry 4.0, or the fourth industrial revolution, is characterized by the digitalization of industrial processes through automation, robotics, and data exchange. As industries increasingly adopt Industry 4.0 principles, the need for high-speed and reliable network communication systems, such as PROFINET, is rising. PROFINET cables are integral to the development of smart factories that require seamless communication between equipment, sensors, and control systems.

Rise in Automation in Manufacturing: The global push toward greater automation in manufacturing is driving the demand for PROFINET cables. These cables support the communication between different devices, such as PLCs (programmable logic controllers), sensors, actuators, and robots. With the increasing complexity and automation in industrial production lines, the requirement for stable, real-time data transfer is more critical than ever.

Shift Toward Ethernet-Based Communication: Ethernet-based communication protocols are becoming the standard in industrial automation due to their ability to support high bandwidth and large-scale data transmission. PROFINET, being Ethernet-based, is well-positioned to capitalize on this trend, as industries increasingly move away from traditional fieldbus systems toward Ethernet solutions.

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Market Drivers:

Increasing Demand for High-Speed, Real-Time Data Transmission: With industrial applications becoming more complex and interconnected, the need for real-time data transfer and high-speed communication is growing. PROFINET cables provide the required bandwidth and low latency, which is essential for time-sensitive applications like robotics, process automation, and monitoring systems.

Safety and Reliability in Harsh Industrial Environments: PROFINET cables are engineered to withstand the challenging conditions found in industrial environments, such as high electromagnetic interference (EMI), extreme temperatures, and mechanical stress. These characteristics make PROFINET cables ideal for industries like oil and gas, automotive, and manufacturing, where reliability and safety are paramount.

Demand for Scalable and Flexible Networking Solutions: As businesses grow and evolve, their network needs become more complex. PROFINET cables provide scalability, supporting both small-scale applications and large, enterprise-level automation systems. The ability to scale network infrastructure while maintaining the performance and reliability of the system is a significant driver for PROFINET adoption.

Market Restraints:

High Installation and Maintenance Costs: While PROFINET cables offer many benefits, the initial installation and ongoing maintenance costs can be high, especially for industries that require a large number of cables for their network infrastructure. This cost can be a limiting factor for small and medium-sized enterprises (SMEs) looking to adopt PROFINET systems.

Complexity in Integration: Integrating PROFINET cables into existing industrial network infrastructures can be complex, particularly in industries where older systems are in place. The need for technical expertise to ensure smooth integration and minimal disruption during installation may deter some companies from adopting PROFINET solutions.

Lack of Awareness in Emerging Markets: In some emerging markets, the awareness of PROFINET technology and its benefits is limited, hindering the widespread adoption of PROFINET cables. Educating businesses on the advantages of Ethernet-based communication systems is essential to drive market growth in these regions.

Market Segmentation:

The PROFINET cables market can be segmented based on:

Type of Cable:

Copper-Based Cables: Standard cables that are commonly used in industrial environments for data transmission.

Fiber Optic Cables: Used for high-speed, long-distance data transmission with minimal signal loss and electromagnetic interference.

Application:

Factory Automation: The use of PROFINET cables in automated production lines and machinery control.

Process Control: Used in industries like chemicals, pharmaceuticals, and oil and gas to control industrial processes.

Robotics and Motion Control: PROFINET cables support communication between robots, sensors, and actuators.

Smart Grids and Energy Management: Increasing adoption in energy sectors to support data exchange and monitoring.

End-User Industry:

Automotive

Manufacturing

Oil and Gas

Energy

Healthcare

Food and Beverage

Others

Regional Analysis:

North America: North America, particularly the United States, is a dominant player in the PROFINET cables market. The region is characterized by a high level of automation across various industries, including automotive, manufacturing, and energy. The widespread adoption of Industry 4.0 and smart factory initiatives is expected to continue fueling demand for PROFINET cables.

Europe: Europe is another key market, with Germany, the UK, and France leading the adoption of industrial automation technologies. The demand for PROFINET cables in Europe is driven by the region’s focus on manufacturing automation, the energy sector, and automotive industries, which require reliable and high-speed network solutions.

Asia-Pacific: The Asia-Pacific region is expected to witness rapid growth due to the increasing industrial automation in countries like China, Japan, and India. The growing manufacturing sector and the adoption of IoT-enabled devices are key drivers for PROFINET cable demand in this region.

Rest of the World: The Middle East, Latin America, and Africa are also seeing gradual adoption of PROFINET cables, especially in industries like oil and gas, energy, and manufacturing. As these regions continue to invest in automation and smart infrastructure, the demand for PROFINET cables is expected to rise.

Outlook:

The global PROFINET cables market is expected to witness substantial growth in the coming years, driven by the increasing demand for high-speed data transmission, industrial automation, and the adoption of IoT technologies. As industries continue to embrace digital transformation and smart manufacturing, the need for robust and reliable network solutions like PROFINET cables will only continue to grow.

However, challenges such as high installation costs and integration complexities may limit market penetration in some regions. Despite these challenges, the overall outlook for the PROFINET cables market remains positive, with significant opportunities for growth in both developed and emerging markets.

Full Report: https://www.statsandresearch.com/report/31662-profinet-cables-market/

[industrynewsupdates]

Challenges and Opportunities in the Industrial Internet of Things Market

The global industrial internet of things market size is anticipated to reach USD 1,693.30 billion by 2030 and projected to grow at a CAGR of 23.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is being driven by a significant focus on predictive maintenance, automation, and efficient supply chain management across various industrial sectors, particularly manufacturing. Many organizations have acknowledged the advantages of integrating industrial IoT to enhance productivity and have implemented a variety of advanced Industrial IoT solutions using compatible hardware, such as actuators and sensors, along with software. This has contributed to the market growth.

Companies are involved in strategic partnerships and collaborations and are allocating substantial resources towards research and development to drive innovation and to stay competitive in the industry. For instance, in February 2024, Digi International Inc. introduced the Digi IX40, a 5G edge computing industrial IoT cellular router solution. The Digi IX40 is specifically designed for Industry 4.0 applications, including advanced robotics, predictive maintenance, asset monitoring, industrial automation, and smart manufacturing. Such strategies by market players are anticipated to augment the market growth in the coming years.

The increasing application of M2M across various industries, such as automotive, smart cars, utilities, smart grids, home automation, healthcare, and security, is expected to drive the adoption of industrial IoT across businesses. The data collected by OT, M2M, and IoT systems is expected to integrate both operational and informational technology, thereby opening new insights to innovate the decision-making process.

The adoption of sensors and distributed control systems will help to control and manage work processes and automate management processes for all industrial operations. As a result, the demand for implementing sensors and DCS in various business operations will increase annually. Thus, there is a global increase in the need for sensors and DCS due to multiple associated advantages, which is driving the market growth in the coming years.

Gather more insights about the market drivers, restrains and growth of the Industrial Internet of Things Market

Industrial Internet of Things Market Report Highlights

• Based on component, the services segment is anticipated to grow at the fastest CAGR from 2024 to 2030, owing to a significant increase in the number of connected gadgets

• Based on end use, the manufacturing sub-segment led the market with the largest revenue share of 18.22% in 2023, as companies are rapidly adopting digital manufacturing technologies, while logistics & transport segment is anticipated to grow at the fastest CAGR from 2024 to 2030

• North America accounted for the largest revenue share of 32.0% in 2023, closely followed by Europe owing to the early adoption and implementation of industrial internet of things technology

• In May 2024, Proxgy, an industrial internet of things startup, launched a satellite-based smart lock locator, designed for the transportation and logistics industry. The smart lock comes with state-of-the-art features, including real-time tamper alerts, geofencing, geolocation tracking, RFID and NFC smart key unlock, and remote lock/unlock capabilities

Industrial Internet of Things Market Segmentation

Grand View Research has segmented the global industrial internet of things market report based on component, end use, software, connectivity technology, device and technology, and region.

Industrial Internet of Things Component Outlook (Revenue, USD Million, 2018 - 2030)

• Hardware

• Solution

o Remote Monitoring

o Data Management

o Analytics

o Security Solutions

o Others

• Services

o Professional

o Managed

• Platform

o Connectivity Management

o Application Management

o Device Management

Industrial Internet of Things End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Aviation

• Metal & Mining

• Chemical

• Manufacturing

• Energy & Power

• Smart Grids

• Oil & Gas

• Healthcare

• Logistics & Transport

o Intelligent Signaling System

o Video Analytics

o Incident Detection System

o Route Scheduling Guidance System

• Agriculture

o Precision Farming

o Livestock Monitoring

o Smart Greenhouses

o Fish Farming

• Retail

o Point of Sales

o Interactive Kiosks

o Self-Checkout Systems

• Others

Industrial Internet of Things Software Outlook (Revenue, USD Million, 2018 - 2030)

• Product Lifecycle Management

• Manufacturing Execution Systems

• SCADA

• Outage Management Systems

• Distribution Management Systems

• Remote Patent Monitoring

• Retail Management Software

• Visualization Software

• Transit Management Systems

• Farm Management Systems

Industrial Internet of Things Connectivity Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Wired Technology

o Ethernet

o Foundation Fieldbus

• Wireless Technology

o Wi-Fi

o Bluetooth

o Cellular Technologies

o Satellite Technologies

Industrial Internet of Things Device and Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Sensors

• Radio Frequency Identification (RFID)

• Industrial Robotics

• Distributed Control Systems

• Condition Monitoring

• Smart Meters

• Electronic Shelf Labels

• Cameras

• Smart Beacons

• Interface Boards

• Yield Monitors

• Guidance & Steering

• GPS/GNSS

• Flow & Application Control Devices

• Networking Technology

Industrial Internet of Things Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o Germany

o UK

o France

o Italy

o Spain

o Benelux

o Nordics

• Asia Pacific

o China

o Japan

o India

o South Korea

o Australia

• Latin America

o Brazil

o Mexico

o Chile

o Peru

• Middle East & Africa (MEA)

o UAE

o Saudi Arabia

o South Africa

Order a free sample PDF of the Industrial Internet of Things Market Intelligence Study, published by Grand View Research.

[hariganesh858]

Industiral Automation Market

Industrial Automation Market Size, Share, Trends: Siemens Leads

Emerging Trend: Growing Integration of AI and Machine Learning in Industrial Automation Systems

Market Overview:

The global industrial automation market is on track to experience significant growth, with a forecasted CAGR of 8.5% from 2024 to 2031. Starting at USD 205.86 billion in 2024, the market is anticipated to reach USD 395.09 billion by 2031. Asia-Pacific leads the charge, with China and Japan at the forefront of automation adoption. The market is in the midst of a significant transition due to Industry 4.0 ambitions and the increasing need for smart manufacturing solutions. The integration of artificial intelligence, machine learning, and IoT technology has revolutionized traditional industrial processes, enhancing productivity and operational efficiency. The COVID-19 pandemic has further accelerated the adoption of automation as businesses strive to ensure continuity and reduce reliance on manual labor. 

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Market Trends:

The industrial automation market is rapidly shifting towards intelligent automation systems powered by AI and machine learning technology. Manufacturing plants are increasingly employing predictive maintenance systems, utilizing machine learning algorithms to anticipate equipment breakdowns and optimize maintenance schedules. For instance, recent implementations in automobile manufacturing plants have resulted in a 35% reduction in unexpected downtime due to AI-powered predictive maintenance solutions. Additionally, companies are integrating computer vision systems with AI capabilities, allowing quality control processes to detect errors with 99.9% accuracy, marking a significant improvement over traditional inspection methods.

Market Segmentation:

The hardware segment dominates the industrial automation market, accounting for a significant share. This segment's leadership is maintained due to the critical importance of physical automation equipment in manufacturing processes. FANUC Corporation has recently introduced new robotic solutions for car assembly lines that offer enhanced precision and flexibility, achieving a 40% increase in assembly speed while maintaining 99.99% accuracy. The market has seen a substantial rise in the usage of smart sensors and actuators, with the global smart sensor market for industrial automation expected to reach $12 billion by 2023. Major manufacturers have reported a 60% increase in demand for IIoT-enabled hardware components, particularly in precision manufacturing applications. The semiconductor industry has also made significant contributions, with investments in automation hardware increasing by 35% year on year.

Market Key Players:

The global industrial automation market features several key players driving innovation and growth:

Siemens

ABB

Honeywell

Emerson

FANUC America Corporation

General Electric

Contact Us:

Name: Hari Krishna

Email us: hari.krishna@aurorawaveintellects.com

Website: https://aurorawaveintellects.com/

[fortunerobotic]

Arduino Programming Courses

The open-source electronics platform Arduino is built on user-friendly hardware and software. It is a popular option for creating a variety of interactive devices since it comprises a microcontroller that can be configured to communicate with different sensors and actuators. Arduino provides countless opportunities for learning and creativity, ranging from straightforward LED blinking projects to intricate robotic systems.

Why Take Arduino Programming Courses?

Practical, hands-on experience is emphasized in Arduino courses, in contrast to traditional classroom settings. Students' retention and understanding are improved when they are able to apply theoretical ideas to practical assignments.

Accessible for All Ability Levels: Arduino classes are designed to accommodate students of all ability levels, no matter whether they have any prior programming knowledge or are total beginners. Many programs begin with the fundamentals of programming and electronics before progressively moving on to more complicated subjects.

Support from the Community: Taking an Arduino programming course frequently introduces you to a thriving group of people who share your interests. This network can offer chances for working together, inspiration, and support, which will enhance the enjoyment of studying.

Career Opportunities: Having an understanding of Arduino might help you stand out in the job market, as there is a rising need for qualified workers in companies like automation, robotics, and the Internet of Things (IoT). Arduino projects can demonstrate the practical experience and creative thinking that many businesses value.

What You Will Learn

Basic Programming Concepts

Hardware Interfacing

Project Development

Advanced Techniques

Popular Arduino Programming Courses

Coursera: Introduction to Arduino

Udemy – Arduino Step by Step

edX: Programming the Internet of Things

Local Workshops and Maker Spaces

Taking an Arduino programming course can change your life and lead to new opportunities for creativity, innovation, and professional growth. Arduino programming classes offer the groundwork and community support required to succeed in the fascinating field of electronics, whether your goal is to construct your own projects or improve your technical abilities for potential career opportunities. So why hold off? Unlock your potential by beginning your Arduino programming journey right now!

To know more click here

[global-research-report]

Pioneering AI with Humanoid Robots: Market Trends and Forecasts

The global humanoid robots market size is expected to reach USD 4.04 billion by 2030, registering a CAGR of 17.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The global market for humanoid robots is poised for substantial growth due to rapid technological advancements leading to more efficient and affordable robot models. Furthermore, the increasing adoption of humanoid robots in military and defense applications, is expected to drive market expansion. AdditionallyIn addition, the growing trend of industry automation is anticipated to further fuel the demand for humanoid robots in various sectors.

Healthcare personnel are using humanoid robots to help in a variety of duties, including patient care, physical therapy, and monitoring. They can be designed to carry out monotonous activities, minimizing the workload on medical staff and increasing productivity all aroundwith a variety of duties, including patient care, physical therapy, and monitoring. They can be designed to carry out monotonous activities, minimizing the workload on medical staff and increasing productivity overall. For example, Fourier GR-1, a mass-produced humanoid robot developed by Fourier Intelligence, can carry patients from bed to wheelchair and help pick up objects.

Moreover, there are some cutting-edge humanoid robots being employed in operations. They provide tremendous dexterity and precision, allowing surgeons to carry out intricate procedures with more accuracy and less intrusiveness. Humanoid robot advancements are being driven by ongoing research and development in the field of some cutting-edge humanoid robots are being employed in operations. They provide tremendous dexterity and precision, allowing surgeons to carry out intricate procedures with greater accuracy and less intrusiveness. Humanoid robot advancements are being driven by ongoing research and development in robotics, making them more versatile and specialized for healthcare purposes.

The industry industry'skey players have focused on renting out their humanoids in an effort toto promote the use of the technology. For example, in December 2019, CloudMinds created a smart robot rental program that provides humanoid robots with cloud-based intelligence for entertainment at weddings, special events, conferences, trade exhibitions, and workplaces. With ambitions for robots like Cloud Patrol, Cloud Vending, Cloud Cleaning, and Cloud Assistant, the rental program began with the Cloud Pepper robot, which is well-known across several worldwide industry verticals. This would raise awareness of the advantages of technology and encourage more people to adopt it.

Moreover, the novel product launch are proposed by the industry players to enhance the product portfolio boostsindustry players propose novel product launches to enhance the product portfolio and boost the market. For instance, in July 2023 , Fourier Intelligence intends to produce 100 of its GR-1 universal humanoid robots by the end of 2023, ensuring the incredible claim that these machines will be able to lift nearly their own weight, in response to the growing need for healthcare during labor shortages and an aging population. They have a distinct focus as well. The GR-1 humanoid will be able to help pick up goods and transfer people from beds to wheelchairs.

Humanoid Robot Market Report Highlights

By component, the hardware segment dominated the market in terms of revenue share in 2023. The creation ofCreating more sophisticated actuators and motors allowed humanoid robots to move more fluidly, with greater dexterity, and perform better overall.

By application, the personal assistance and caregiving segment held the largest market share in 2023. These robots can be instructed to carry out basic domestic duties such as cooking, cleaning, and organizing, which eases the strain on individuals and families. Robots can also help with therapeutic tasks, including physical therapy exercises and entertainment for patients to ease their tension and anxiety, increasing segment growth.

By motion type, the wheel drive segment dominated the market in terms ofregarding revenue share in 2023. These robots are used as entertainment in theme parks, scientific fairs, and amusement parks. Such factors are anticipated to fuel the segment growth over the forecast period.

North America dominated the global humanoid robot market owing to the high demand for themdue to their high demand. This demand was caused by several factors, including an aging population, the need for personalized customer service, and the culture's emphasis on technology and innovation.

Humanoid Robots Market Segmentation

Grand View Research has segmented the global humanoid robots market on the basis of component, application, motion typebased on component, application, motion type, and region.

Humanoid Robot Component Outlook (Revenue, USD Million, 2018 - 2030)

Hardware

Software

Humanoid Robot Application Outlook (Revenue, USD Million, 2018 - 2030)

Research and Space Exploration

Education and Entertainment

Personal Assistance and Caregiving

Hospitality

Search and Rescue

Others

Humanoid Robot Motion Type Outlook (Revenue, USD Million, 2018 - 2030)

Biped

Wheel drive

Humanoid Robot Regional Outlook (Revenue, USD Million, 2018 - 2030­)

North America

US

Canada

Mexico

Europe

UK

Germany

France

Italy

Spain

Norway

Denmark

Sweden

Asia Pacific

Japan

China

India

Australia

South Korea

Thailand

Latin America

Brazil

Mexico

Argentina

Middle East & Africa

South Africa

Saudi Arabia

UAE

Kuwait

List of key players in the Humanoid Robots Market

HYULIM Robot Co., Ltd

HANSON ROBOTICS LTD

Engineered Arts Limited

Honda

KAWADA Robotics Corporation

SoftBank Robotics

Sanbot Co

ROBOTIS

Willow Garage

Toshiba Corporation

Order a free sample PDF of the Humanoid Robot Market Intelligence Study, published by Grand View Research.

[globalgrowthinsights]

Nickel-plated Steel Sheet in Batteries Market Size, Share, Volume, Trends, Demand, Growth and Forecast Report 2024-2032

Nickel-plated Steel Sheet in Batteries Market provides in-depth analysis of the market state of Nickel-plated Steel Sheet in Batteries manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Nickel-plated Steel Sheet in Batteries in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Nickel-plated Steel Sheet in Batteries Market Report:

The report offers a comprehensive and broad perspective on the global Nickel-plated Steel Sheet in Batteries Market.

The market statistics represented in different Nickel-plated Steel Sheet in Batteries segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Nickel-plated Steel Sheet in Batteries are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Nickel-plated Steel Sheet in Batteries.

Major stakeholders, key companies Nickel-plated Steel Sheet in Batteries, investment feasibility and new market entrants study is offered.

Development scope of Nickel-plated Steel Sheet in Batteries in each market segment is covered in this report. The macro and micro-economic factors affecting the Nickel-plated Steel Sheet in Batteries Market

Advancement is elaborated in this report. The upstream and downstream components of Nickel-plated Steel Sheet in Batteries and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/nickel-plated-steel-sheet-in-batteries-market-100571

 Global Growth Insights

Web: https://www.globalgrowthinsights.com

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[businessindustry]

Integrated Automation System (IAS) Market, Industry Recent Developments and Latest Technology 2032| Reports and Insights

The Reports and Insights, a leading market research company, has recently releases report titled “Integrated Automation System (IAS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Integrated Automation System (IAS) Market Research, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Integrated Automation System (IAS) Market?

The integrated automation system (IAS) market is expected to grow at a CAGR of 5.6% during the forecast period of 2024 to 2032.

What are Integrated Automation System (IAS)?

An Integrated Automation System (IAS) is an advanced technological solution engineered to unify and enhance diverse industrial processes within a single integrated framework. Through the integration of control systems, sensors, actuators, and software applications, IAS enables smooth communication and coordination among various components and subsystems, facilitating efficient monitoring, management, and control of activities such as production, logistics, and quality assurance. With its capacity to consolidate data, offer real-time insights, and automate repetitive tasks, IAS boosts productivity, lowers operational expenses, and enhances overall efficiency across a broad spectrum of industrial operations.

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What are the growth prospects and trends in the Integrated Automation System (IAS) industry?

The integrated automation system (IAS) market growth is driven by various factors. The market for Integrated Automation Systems (IAS) is experiencing swift expansion, fueled by the growing demand for efficient industrial automation and streamlined operational workflows. With businesses increasingly prioritizing enhanced productivity and cost-effectiveness, IAS solutions have become indispensable across diverse sectors such as manufacturing, energy, automotive, and healthcare. These systems offer seamless integration of control mechanisms, sensors, and software applications, facilitating optimized production, logistics, and quality control processes. Moreover, the increasing adoption of Industry 4.0 principles and the Internet of Things (IoT) further accelerates the IAS market growth, as organizations acknowledge the benefits of centralized data management, real-time monitoring, and predictive maintenance capabilities provided by these sophisticated automation systems. Hence, all these factors contribute to integrated automation system (IAS) market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Component:

Hardware

Software

Services

Type:

Distributed Control System (DCS)

Programmable Logic Controller (PLC)

Supervisory Control and Data Acquisition (SCADA)

Human Machine Interface (HMI)

Others

Industry Vertical:

Manufacturing

Oil and Gas

Energy and Utilities

Automotive

Aerospace and Defense

Chemicals

Pharmaceutical and Healthcare

Food and Beverage

Others

End User:

Small and Medium Enterprises (SMEs)

Large Enterprises

Application:

Process Automation

Discrete Automation

Connectivity:

Wired

Wireless

Functionality:

Plant Automation

Machine Automation

Deployment:

On-premises

Cloud-based

End-Use:

Industrial

Commercial

Solution:

Control Systems

Robotics

MES (Manufacturing Execution System)

Industrial IoT (Internet of Things)

Others

Service:

Consulting

Integration and Implementation

Maintenance and Support

Industry 4.0 Enabler:

Big Data Analytics

Artificial Intelligence

Industrial Cybersecurity

Cloud Computing

Segmentation By Region:

North America:

United States

Canada

Europe:

Germany

The U.K.

France

Spain

Italy

Russia

Poland

BENELUX

NORDIC

Rest of Europe

Asia Pacific:

China

India

Japan

South Korea

Australia

New Zealand

ASEAN

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Rest of Latin America

Middle East & Africa:

Saudi Arabia

United Arab Emirates

South Africa

Egypt

Israel

Rest of MEA.

Who are the key players operating in the industry?

The report covers the major market players including:

Siemens AG

Schneider Electric SE

Emerson Electric Co.

Honeywell International Inc.

Rockwell Automation Inc.

Mitsubishi Electric Corporation

Yokogawa Electric Corporation

Omron Corporation

Bosch Rexroth AG

General Electric Company

Johnson Controls International plc

Fanuc Corporation

Schneider Electric SE

Hitachi Ltd.

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Robotic Camera Modules Market Analysis, Size, Share, Growth, Trends, and Forecasts 2023-2030

The Robotic Camera Modules market caters to the growing demand for automated, robotics-enabled cameras across consumer electronics, industrial inspection, healthcare and automotive sectors. With AI and robotics advancing considerably, robotic camera modules have emerged as key enablers for dynamic vision capabilities in smart devices and machines. 

Robotic camera modules typically feature multi-axis motion actuators to facilitate pan, tilt and swivel functionality. This allows real-time alignment of the visual field with the target object or scene as per requirement. Control and integration electronics along with embedded software and machine learning further empower autonomous viewing capability tailored for specific use cases. 

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Who are the largest manufacturers of the Robotic Camera Modules Market worldwide?

ams

e-con Systems

CM Technology Company

LG Innotek

Luxvision Innovation

OFILM Group

Nidec

D3 Engineering

Unispectral

InfiRay

However, within challenges lie opportunities. The market has the potential to overcome these hurdles and thrive. For instance, addressing cost concerns through more cost-effective solutions or innovative pricing models could broaden the market's appeal. Similarly, actively engaging with regulatory bodies to streamline compliance processes can pave the way for smoother market penetration.

Looking ahead, the future holds promising opportunities for the Robotic Camera Modules Market. The rising adoption of these modules in diverse applications, from surveillance to industrial automation, opens new avenues for growth. The advent of smart cities, with an increased focus on surveillance and security, further accentuates the demand for advanced robotic camera modules.

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Moreover, the growing inclination toward smart homes and the Internet of Things (IoT) presents a lucrative opportunity. Robotic camera modules, integrated into smart home systems, contribute to enhanced security and monitoring capabilities. The expanding scope of applications signifies a broader market reach and sustained growth potential.

While technological advancements and the increasing demand for automation propel the Robotic Camera Modules Market forward, challenges such as cost constraints and regulatory complexities warrant careful consideration. However, these challenges are not roadblocks but opportunities in disguise. The market, with its innovative capacities, can leverage these challenges to carve out new avenues for growth, ensuring a promising trajectory in the years to come.

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