Robotics & Automation News

Market trends and business perspectives

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Mitsubishi Electric to invest $223 million to build new factory in India

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Mitsubishi Electric says it will invest approximately 26.7 billion yen (about $222.5 million), in its subsidiary company Mitsubishi Electric India to establish a factory for the production of room air conditioners and compressors in India.

Local production, targeted to start in October 2025, is expected to help the company meet growing demand in the Indian market. Initial annual capacity will total 300,000 room air conditioner outdoor units and, beginning in December 2025, 650,000 compressors.

The demand to replace older air conditioning and refrigeration systems with newer models is expected to continue growing as consumers and companies shift to energy-saving and low-GWP refrigerants. [Read more…] about Mitsubishi Electric to invest $223 million to build new factory in India

2023 Predictions & Forecasts: European countries expected to be worst affected by automation

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When it comes to the workplace, developments in automation mean that the future landscape of work is changing and, in turn, the roles that we undertake. 

While many people fear that this contributes to a decrease in employment, many industries continue to grow and adapt despite automation.

In some instances this can improve work-life balance, allowing manual workers to work normal shifts and robots to work overnight or to remove the menial tasks from your role and retrain to complete tasks that cannot be automated. [Read more…] about 2023 Predictions & Forecasts: European countries expected to be worst affected by automation

Why the Automotive Future is Electric

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With the global automotive market shifting towards electrification at an unprecedented rate, electric cars or EVs are slated to become the next generation of personal transportation.

By 2040, an estimated 40 million units of EVs are expected to hit the roads, essentially replacing the IC engine. Several manufacturers have already shifted their focus on EV platforms and the latest entry into the segment is the Mazda MX-30, the company’s first all-electric offering.

Taking the MX-30 as an example, we can see how far the EV industry has come over the years. Mixing style and practicality with its rear-hinged doors, the 2022 MX-30 is as good as a modern EV can get. [Read more…] about Why the Automotive Future is Electric

Global spending on semiconductor fabrication equipment forecast to reach ‘all-time high’ of almost $100 billion in 2022

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Global fabrication equipment spending for front-end facilities is expected to increase approximately 9 percent year-over-year to a new “all-time high” of $99 billion in 2022, according to SEMI.

The industry association revealed its prediction in its latest quarterly World Fab Forecast report. The report also shows the global fab equipment industry increasing capacity this year and again in 2023.

Ajit Manocha, SEMI president and CEO, says: “After achieving a record level in 2022, the global fab equipment market is projected to remain healthy next year driven by new fabs and upgrade activity.” [Read more…] about Global spending on semiconductor fabrication equipment forecast to reach ‘all-time high’ of almost $100 billion in 2022

Mitsubishi Electric to build new factory in India

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Mitsubishi Electric says it will invest approximately 3.1 billion yen ($22.3 million) in its subsidiary Mitsubishi Electric India to establish a new factory in India.

Expected to start operations in December 2023, the new factory will manufacture inverters and other factory automation control system products, expanding the company’s capabilities to meet the growing demand in India.

The rapidly growing Indian market is expanding at an annual rate of about 8% mainly in industries such as automobiles, food & beverage, pharmaceuticals, data centers, and textiles, with further market expansion expected in the future. [Read more…] about Mitsubishi Electric to build new factory in India

Global semiconductor equipment sales to reach $118 billion

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Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach a record $117.5 billion in 2022, rising 14.7 percent from the previous industry high of $102.5 billion in 2021, and increase to $120.8 billion in 2023, SEMI reports in its Mid-Year Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON West 2022 Hybrid.

Both the front-end and back-end semiconductor equipment segments are contributing to the market expansion. The wafer fab equipment segment, which includes wafer processing, fab facilities, and mask/reticle equipment, is projected to expand 15.4% to a new industry record of $101 billion in 2022, followed by a 3.2 percent increase to $104.3 billion in 2023.

Ajit Manocha, president and CEO of SEMI, says: “In line with the semiconductor industry’s determined push to increase and upgrade capacity, the wafer fab equipment segment is poised to reach the $100 billion milestone for the first time in 2022. [Read more…] about Global semiconductor equipment sales to reach $118 billion

German robotics and automation sector experiencing ‘booming demand’

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The robotics and automation industry in Germany is benefiting from a boom in demand, according to industry association VDMA.

In the first four months of 2022, order intake increased by 38 percent year-on-year. The dynamic market development had already been noticeable with the results for 2021, in which industry turnover rose by 13 percent – more than expected.

Frank Konrad, chairman of the VDMA Robotics + Automation Association, says: “The robotics and automation industry is booming. [Read more…] about German robotics and automation sector experiencing ‘booming demand’

Global spending on semiconductor fabrication equipment expected to reach record $109 billion

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Global fab equipment spending for front-end facilities is expected to increase 20 percent year-over-year to an all-time high of $109 billion in 2022, marking a third consecutive year of growth following a 42 percent surge in 2021.

This is according to industry association SEMI, which published the figure in its latest quarterly World Fab Forecast report. Fab equipment investment in 2023 is expected to remain strong.

Ajit Manocha, president and CEO of SEMI, says: “The global semiconductor equipment industry remains on track to cross the $100 billion threshold for the first time as shown in our latest update of the World Fab Forecast. [Read more…] about Global spending on semiconductor fabrication equipment expected to reach record $109 billion

Spending on semiconductor fabrication equipment expected to reach record $107 billion in 2022

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Global fab equipment spending for front-end facilities is expected to jump 18 percent year-over-year to an all-time high of $107 billion in 2022, marking a third consecutive year of growth following a 42 percent surge in 2021, according to a report by industry association SEMI.

Ajit Manocha, president and CEO of SEMI, says: “Crossing the $100 billion mark in spending on global fab equipment for the first time is a historic ​milestone for the semiconductor industry.

“This ​significant achievement is a tribute to the relentless drive to add and upgrade capacity to address a diverse range of markets and emerging applications, solidifying expectations for long-term industry growth to enable electronics for the digital world.” [Read more…] about Spending on semiconductor fabrication equipment expected to reach record $107 billion in 2022

Almost 50,000 robots expected to be shipped to warehouses by 2026

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More than 47,000 collaborative robots are expected to be shipped to warehouses by 2026, according to ABI Research, which included the estimate in its report, 38 Technology Stats You Need to Know for 2022.

The Covid-19 pandemic quickened the pace of digital transformation, placing technologies at the very center of how people live and work – and that pace shows no signs of slowing down.

In its new white paper, 38 Technology Stats You Need to Know for 2022, global technology intelligence firm ABI Research has identified and highlighted the most impactful forecasts that illuminate the direction in which digital transformation is truly heading. [Read more…] about Almost 50,000 robots expected to be shipped to warehouses by 2026