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In 2022, the global market for key components of industrial robots reached $12.1 billion, an increase of 14.7% over the same period last year, mainly due to the expansion of the production scale of collaborative robots and SCARA robots. However, as the industrial robot market becomes mature and stable, the growth rate of the related…
Competition and challenges remain In this dynamic market, there are at least 30 different cobot developers globally with strong market competitiveness, and the competitive landscape has not yet been born with an obvious head. At present, the main foreign participants include Universal Robots, Techman Robot, FANUC, KUKA, Doosan Robotics, ABB, YASKAWA, Precise Automation, etc. These…
Growth continues The increasing demand for security and ease of use in industrial automation are the major factors currently stimulating the continued growth of the collaboration market. Collaborative robots that can not only ensure safe factory operations, but also achieve faster production changes and break the limits of product repeatability are undoubtedly a solution worth…
Collaborative robots continue to be a hot investment area globally, and the listing of two collaborative robot companies in South Korea has further stimulated global investors’ enthusiasm for this new category. Seeing the market value of Doosan robots after listing, many domestic investors have expressed shock and dismay. The collaborative robot category, which seems to…
Recently, Hollysys Automation Technologies announced the formation of a special committee to deal with the recent acquisition offers received, and announced that it will also consider other offers. The announcement comes after Hollysys said its board had been in contact with shareholders holding 32.2 percent of the company, who pushed for an extraordinary meeting in…
Timken Corporation, a global leader in engineered bearings and industrial drive products, has acquired Rosa Sistemi S.p.A., a European company specializing in the design and manufacture of roller guides, linear bearings, custom linear modules and modular integration systems, commercial ball guides and precision ball screws. Serves customers in a variety of end markets including automation…
“Science and Technology Board Daily” reporter noted that in the second half of this year, Kaios PHM predictive operation and maintenance management platform was selected into the professional (technical) list of key industrial Internet platforms in Jiangsu Province. At present, the platform has provided more than 35 solutions in the field of operation and maintenance…
On October 9, Gaohua Technology issued an announcement that in order to further improve the company’s industrial layout, strengthen the integration of the upstream and downstream of the industrial chain, and enhance the core competitiveness, the company intends to increase capital by 45.07 million yuan and purchase a total of 13% of Nanjing Kaiosi Data…
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On October 11, Japanese automotive components manufacturer Denso and Mitsubishi Electric announced that they will invest $500 million each to invest in Silicon Carbide, the Silicon Carbide (SiC) business subsidiary of Coherent, a semiconductor material, networking and laser supplier in the United States. Each has 12.5% equity (the two Japanese companies have 25% equity combined).…