Industrial robots are in high demand in the automotive sector, and a research company is saying the market will grow to beyond $8 billion by 2021. In the report published by MarketsandMarkets, the market was estimated to be $5.07 billion in 2016, and is projected to grow to $8.44 billion by 2021, at a growth rate of 10.74 per cent. The full title of the study is Automotive Robotics Market by Type (Articulated, Cartesian, SCARA, Cylindrical), Component (Controller, Robotic Arm
After several formal video conferences with the State Government of Minas Gerais, and a formal invitation from Sete Lagoas Mayor Marcio Reinaldo, Amsia Motors was invited to conclude and sign a formal agreement for an automotive plant. On Dec. 18th, 2015, not only a car assembly plant but an Agro, power generators, and electronics plant have been signed for investments of over one billion US dollars. Amsia Motors Americas, LLC, an American company whose main Automotive Corpor
Amsia Motors Americas LLC, a registered American Company in the United States of America, signed the official 'MOU' document to plant deployment in Sete Lagoas, Monte Alegre for Automotive, Electronics, Agro vehicles and Power generators. Sete Lagoas lives a historic moment for local development. Earlier on Friday (18th, 2015), the Mayor Marcio Reinaldo accompanied by the Global Sales & Marketing Director of the Canadian liaison office of the company Amsia Motors, held a news
While China’s production of domestic and international automobiles may not be excessive they continue to be a major world automobile market influencer. In their extensive research and development of cleaner and more efficient vehicles China has surpassed many of the world’s automobile manufacturing giants. In 2011 China produced only 12,552 electric vehicle units as opposed to one year later, in 2012, when they produced 11,241 units of solely electric vehicles which raised th
SOUTH AMERICA The automobile market will grow significantly by 2025, becoming one of the top three growth markets globally for light vehicle sales and presenting opportunities for improvements in fuel efficiency and reduced CO2 emissions, according to a forecast by IHS Automotive, the leading provider of comprehensive content, expertise and insight on the global automotive industry.
IHS Automotive forecasts that nearly 2.3 million additional vehicles will be sold in South A
There are over 170 auto makers in China, compared with around 35 in the in the US. By 2018, manufacturers are expected to have a combined output of 30 million cars, which would amount to an excess of 10 million units. Chinese government efforts to reduce pollution and congestion by imposing restrictions on car buyers don’t help.
And the competition is growing. Foreign automakers, desperate to offset declining sales in Europe, are investing heavily in China. General Motors h