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Assembly automation market driven by IoT and 5G

The global assembly automation market, valued at USD 56.17 billion in 2024, is projected to reach USD 121.16 billion by 2033, registering a compound annual growth rate of 8.9% from 2025 to 2033.
Enhance overall productivity, overcome skilled-labor shortage, raise production accuracy and increase overall parts volume. Automation offers manufacturers three fundamental benefits that align with ...
At most companies, the profile of a large-scale technology initiative has looked astonishingly similar over the last several decades. The initial pledge of US$30 million and two years soon balloons to ...
A software-powered simulation for assembly behavior can compensate for the gap in automation by building intuition in the safety of a high-fidelity digital twin. The best way to align a screw is a ...