Industrial robots are commonplace in factories because they provide an effective alternative to manual workers for repetitive, high-volume assembly line tasks. The machines can continuously repeat high-precision tasks for many years with only the occasional interruption for routine maintenance. Boosted productivity ensures a return on the initial high capital investment. But relatively low-cost human workers … Continue reading Collaborative robots: designing for productivity and safety
Rittal Australia has announced a new national distribution partnership with APS Industrial, a specialist electrical industrial and automation equipment distributor of market‐leading, globally recognised brands. APS Industrial, a new locally owned and managed independent company combines renowned electrical brands in automation, power distribution and switchgear, motor control, enclosures, connectivity, industrial communications, and wiring solutions. The … Continue reading Rittal Australia to partner APS Industrial
Last week, Rockwell Automation rejected a third bid offer valued at US$29 billion (A$38 billion) from Emerson Electric. Rockwell said that the proposal, which was unsolicited, did not match the value of the company and the bid did not outweigh the risks for an acquisition to happen. The third bid followed two earlier bids this year Emerson announced … Continue reading No third time charm for Emerson’s $38bn takeover bid of Rockwell Automation
Frost & Sullivan named ABB as it’s choice for the 2017 Company of the Year thanks to its visionary innovation embodied by its distributed control system (DCS) offering and its impact on customer performance. The award recognises ABB’s digital leadership, not only when compared to other industrial automation suppliers, but also against non-industry peers. The award … Continue reading F&S recognises ABB’s 2017 achievements
Analysts from Research and Markets have announced in their latest report on industrial automation that the global industrial automation services market was US$35.2 billion (A$44.5 billion) in 2016 and is estimated to reach US$64.5 billion (A$80.6 billion) by 2022 growing at a compound annual growth rate (CAGR) of 10.6 per cent for the forecasted period. Industrial automation … Continue reading Global industrial automation market to reach A$80.6b
The industrial automation equipment market is slated to grow to around $170bn in the second half of this year.