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Kuka has received an order to supply industrial robots to Chinese automotive manufacturer GAC NE, subsidiary of GAC Group.
The order value lies in the “high double-digit million euro range”, says Kuka, and was booked in the second quarter of 2018.
The automotive manufacturer GAC Group is headquartered in Guangzhou, China, and is a Fortune “Global 500” company. [Read more…] about Kuka wins multimillion-dollar automotive contract with GAC in China
The global automotive robotics market size is expected to grow to $13.6 billion by 2025, according to a report.
The market is subject to witness a substantial growth due to the rising implementation of automation and robotics in the automotive sector.
Rising adoption of automation and robotics in manufacturing processes has changed overall outlook of the automotive industry since last few decades. [Read more…] about Automotive robotics market to grow to $14 billion by 2025
SCARA robots used in the automobile industry will cross over 33 thousand units by 2024, according to research by GM Insights.
The company says this can be credited to increasing usage in applications such as high-speed assembly and handling operations.
Rising demand for reduced bottlenecks and optimized productivity will boost the product penetration. [Read more…] about Automotive robotics market forecast to grow to $6 billion by 2024
The automotive industry’s demand for industrial robots is forecast to treble in the next seven years, according to a new report.
The auto industry has always been the biggest buyer of industrial robots, accounting for almost half of all units sold in North America, according to the International Federation of Robotics.
Now, a forecast by Grand View Research suggests the automotive robotics market will grow to $13.6 billion by 2025. [Read more…] about Demand for industrial robots to treble in automotive industry
