The global automotive manufacturing equipment market is poised for substantial growth, with the market size estimated to expand from USD 6.7 billion in 2023 to USD 11.4 billion by 2028, at an impressive CAGR of 11.1% during the forecast period from 2023 to 2028. This growth is driven by multiple factors, including the rising demand for automobiles, especially in emerging markets, prompting manufacturers to expand their production capabilities.
automotive
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BMW Group Plant Regensburg uses an end-to-end digitalised and automated process for inspection, processing and marking of painted vehicle surfaces in standard production. AI-controlled robots process each vehicle individually to meet quality standards. This ensures more stable operations, shorter lead times and a consistently high level of vehicle surface quality. Data stored in the cloud also enables optimal analysis of causalities.
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The automotive industry has the largest number of robots working in factories around the world: Operational stock hit a new record of about one million units. This represents about one third of the total number installed across all industries, according to the International Federation of Robotics (IFR).
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CES 2022 is a wrap, following a week filled with thousands of product debuts. More than 2300 exhibiting companies from around the world, including more than 800 startups, launched products featuring innovation across artificial intelligence, automotive technology, digital health, smart home and more.
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Industrial robot manufacturer FANUC has received a major order in the field of e-mobility. Scheduled for delivery in 2022, the company will supply the Cologne plant of Ford with around 500 robots to assist in the construction of electric car bodies.
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Manufacturing at Ford Motor Company uses a combination of artificial intelligence (AI) and industrial robotics. Symbio Robotics announced it will work with Ford Motor Company to deploy an AI-controlled robot at the automaker’s Livonia Transmission Plant. The robot is programmed and managed with Symbio’s robot-agnostic platform, SymbioDCS, to assemble transmissions for the Bronco Sport, Escape and Edge, to name a few.
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The robot density in the US automotive industry hit a new record of 1,287 installed units per 10,000 employees. The United States ranks seventh worldwide. The density is similar to Germany (1,311 units) and Japan (1,248 units). China is in twelfth place with 938 units. This is according to the latest World Robotics statistics, issued by the International Federation of Robotics (IFR).