Motion control

Mobile Robots Market (AGV and AMR) to reach ~$20B TAM by 2028 with an installed base of 2,700,000 Mobile Robots - LogisticsIQ

Retrieved on: 
Wednesday, January 31, 2024

Both AGVs and AMRs collectively are going to cross the installed base of 2.7 million units in 2028 to make the mobile robots a new normal in our day-to-day operational activities.

Key Points: 
  • Both AGVs and AMRs collectively are going to cross the installed base of 2.7 million units in 2028 to make the mobile robots a new normal in our day-to-day operational activities.
  • United States, Germany, U.K., and China are going to lead the market with an annual demand of more than 350,000 mobile robots (AGV & AMR) by 2028.
  • Goods to Person (G2P) and Person to Goods (P2G), both type of AMRs are having their own market with some advantages and disadvantage.
  • Picking Robots, Manipulator Robots, Case Handling Robots, and Sortation Robots are going to emerge as a new important category by 2028, specially in micro-fulfillment space.

Mobile Robots Market (AGV and AMR) to reach ~$20B TAM by 2028 with an installed base of 2,700,000 Mobile Robots - LogisticsIQ

Retrieved on: 
Wednesday, January 31, 2024

Both AGVs and AMRs collectively are going to cross the installed base of 2.7 million units in 2028 to make the mobile robots a new normal in our day-to-day operational activities.

Key Points: 
  • Both AGVs and AMRs collectively are going to cross the installed base of 2.7 million units in 2028 to make the mobile robots a new normal in our day-to-day operational activities.
  • United States, Germany, U.K., and China are going to lead the market with an annual demand of more than 350,000 mobile robots (AGV & AMR) by 2028.
  • Goods to Person (G2P) and Person to Goods (P2G), both type of AMRs are having their own market with some advantages and disadvantage.
  • Picking Robots, Manipulator Robots, Case Handling Robots, and Sortation Robots are going to emerge as a new important category by 2028, specially in micro-fulfillment space.

Regal Rexnord Corporation Declares Quarterly Dividend of $.35 per share.

Retrieved on: 
Monday, January 29, 2024

MILWAUKEE, Jan. 29, 2024 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting held on January 29, 2024, declared a dividend of $0.35 per share.

Key Points: 
  • MILWAUKEE, Jan. 29, 2024 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting held on January 29, 2024, declared a dividend of $0.35 per share.
  • The dividend is payable on April 12, 2024, to shareholders of record at the close of business on March 28, 2024.
  • Regal Rexnord is comprised of four operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, Automation & Motion Control and Industrial Systems.
  • Regal Rexnord is headquartered in Milwaukee, Wisconsin and has manufacturing, sales, and service facilities worldwide.

Regal Rexnord Corporation Declares Quarterly Dividend of $.35 per share

Retrieved on: 
Friday, October 27, 2023

MILWAUKEE, Oct. 27, 2023 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting held on October 27, 2023, declared a dividend of $0.35 per share.

Key Points: 
  • MILWAUKEE, Oct. 27, 2023 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting held on October 27, 2023, declared a dividend of $0.35 per share.
  • The dividend is payable on January 12, 2024, to shareholders of record at the close of business on December 29, 2023.
  • Regal Rexnord is comprised of four operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, Automation & Motion Control and Industrial Systems.
  • Regal Rexnord is headquartered in Milwaukee, Wisconsin and has manufacturing, sales, and service facilities worldwide.

Elmo Motion Control to Participate at Industrial Automation Show Exhibition

Retrieved on: 
Thursday, September 14, 2023

PETAH TIKVA, Israel, Sept. 14, 2023 /PRNewswire/ -- Elmo Motion Control, Ltd., the global technology leader and developer of advanced motion control solutions, announced its upcoming participation at IAS 2023 (Industrial Automation Show), the largest industrial automation gathering in China taking place September 19-23 in Shanghai, China. The event brings together over 735 exhibitors to display their products to an audience of over 175,000 visitors, steering the machine industry into the future.

Key Points: 
  • Elmo Motion Control will showcase its industry-leading motion control solutions in Hall 5.1 Booth #B184.
  • PETAH TIKVA, Israel, Sept. 14, 2023 /PRNewswire/ -- Elmo Motion Control, Ltd., the global technology leader and developer of advanced motion control solutions, announced its upcoming participation at IAS 2023 (Industrial Automation Show), the largest industrial automation gathering in China taking place September 19-23 in Shanghai, China.
  • We are excited to showcase Elmo's Platinum product line capabilities that greatly improve machine performance," said Elmo Motion Control China General Manager Wayne Chen.
  • Elmo Motion Control offers a wide range of servo drives for any motion requirement, from industrial applications that demand the utmost precision and power density to the world's most extreme environment applications.

Global AGV and AMR (Mobile Robots) Market Opportunity 2023-2028: Online Grocery Set to Be the Next Disruption and May Be the Prime Candidate for Warehouse Automation - ResearchAndMarkets.com

Retrieved on: 
Friday, August 25, 2023

The "Global AGV and AMR (Mobile Robots) Market 2023-2028: Driven by Logistics & Manufacturing" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global AGV and AMR (Mobile Robots) Market 2023-2028: Driven by Logistics & Manufacturing" report has been added to ResearchAndMarkets.com's offering.
  • The growth of e-commerce serves as a key driver for AGV/AMR demand in warehouse automation.
  • Leading markets are forecasted to be the United States, Germany, U.K., and China, contributing to an annual demand exceeding 350,000 mobile robots (AGV & AMR) by 2028.
  • China is poised to emerge as a hub for Autonomous Mobile Robots, driven by advantages in labor cost and domestic consumption volume.

Global AGV and AMR Market Analysis and Outlook 2023-2028: China Poised to Emerge as a Hub for Autonomous Mobile Robots, Driven by Advantages in Labor Cost and Domestic Consumption Volume

Retrieved on: 
Tuesday, August 22, 2023

DUBLIN, Aug. 21, 2023 /PRNewswire/ -- The "AGV and AMR Global Market Forecast till 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Aug. 21, 2023 /PRNewswire/ -- The "AGV and AMR Global Market Forecast till 2028" report has been added to ResearchAndMarkets.com's offering.
  • An exhaustive market size and forecast database, presented in Excel format, facilitates further analysis and strategic planning, complemented by 156 market tables.
  • Projected shipments of around 670,000 mobile robots (AGVs & AMRs) are expected for 2028, with an installed base reaching 2.7 million.
  • China is poised to emerge as a hub for Autonomous Mobile Robots, driven by advantages in labor cost and domestic consumption volume.

Sumitomo Machinery Corporation of America Unveils New Line of Servo Gearboxes

Retrieved on: 
Monday, August 7, 2023

CHESAPEAKE, Va., Aug. 7, 2023 /PRNewswire-PRWeb/ -- Sumitomo Machinery Corporation of America (SMA), operating under the trusted brand name Sumitomo Drive Technologies and a subsidiary of Sumitomo Heavy Industries, is proud to announce the launch of its innovative line of Servo Gearboxes. These new additions to the product portfolio encompass the Servo Cyclo®, Servo Hyponic®, and Servo Bevel BuddyBox® 4.

Key Points: 
  • Sumitomo Machinery Corporation of America (SMA), operating under the trusted brand name Sumitomo Drive Technologies and a subsidiary of Sumitomo Heavy Industries, is proud to announce the launch of its innovative line of Servo Gearboxes.
  • These new additions to the product portfolio encompass the Servo Cyclo®, Servo Hyponic®, and Servo Bevel BuddyBox® 4.
  • CHESAPEAKE, Va., Aug. 7, 2023 /PRNewswire-PRWeb/ -- Sumitomo Machinery Corporation of America (SMA), operating under the trusted brand name Sumitomo Drive Technologies and a subsidiary of Sumitomo Heavy Industries, is proud to announce the launch of its innovative line of Servo Gearboxes.
  • These new additions to the product portfolio encompass the Servo Cyclo®, Servo Hyponic®, and Servo Bevel BuddyBox® 4.

Motion Control Market size worth $ 23.2 Billion, Globally, by 2030 at 4.81% CAGR: Verified Market Research®

Retrieved on: 
Friday, July 28, 2023

JERSEY CITY, N.J., July 28, 2023 /PRNewswire/ -- The Global Motion Control Market is projected to grow at a CAGR of 4.81% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 15.2 Billion in 2022 and is expected to reach USD 23.2 Billion by the end of the forecast period.

Key Points: 
  • The report provides an in-depth analysis of the global Motion Control Market, including its growth prospects, market trends, and market challenges.
  • Key Players in the Motion Control Market:
    The Motion Control Market features several prominent players driving innovation and competitiveness within the industry.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Motion Control Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Motion Control Market into End-Users, Component, And Geography.

Motion Control Market size worth $ 23.2 Billion, Globally, by 2030 at 4.81% CAGR: Verified Market Research®

Retrieved on: 
Friday, July 28, 2023

JERSEY CITY, N.J., July 28, 2023 /PRNewswire/ -- The Global Motion Control Market is projected to grow at a CAGR of 4.81% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 15.2 Billion in 2022 and is expected to reach USD 23.2 Billion by the end of the forecast period.

Key Points: 
  • The report provides an in-depth analysis of the global Motion Control Market, including its growth prospects, market trends, and market challenges.
  • Key Players in the Motion Control Market:
    The Motion Control Market features several prominent players driving innovation and competitiveness within the industry.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Motion Control Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Motion Control Market into End-Users, Component, And Geography.