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Top CBD Dog Treats: An All-Inclusive Guide on CBD Pet Treatments

Posted by Jason Williams on September 18, 2024 at 5:08pm 0 Comments

CBD has become somewhat well-known as pet owners keep looking for natural therapies for their animals. CBD-infused pet products are finding their way onto the market at an unheard-of pace since they can support a range of health conditions, from anxiety to joint pain. Among these, CBD dog treats have become somewhat popular because of their palatability and simplicity of use. This post explores what makes the greatest CBD dog treats and the reasons behind pet owners…

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Caroline Lembck: Visionary Entrepreneur and Financial Leader

Posted by engsom09112 on September 18, 2024 at 5:00pm 0 Comments

Caroline Lembck, CEO and Founder of LemVega Capital, is a dynamic force in the world of finance, driven by an unwavering commitment to innovation, excellence, and impact. With a profound background in trading, investing, and entrepreneurship, Caroline has quickly risen to become a notable figure in the financial industry, recognized for her bold vision, strategic acumen, and relentless pursuit of growth International Banking.… Continue

Increasing Demand for Industrial Automation Driving Mobile Collaborative Robot Sales

The mushrooming demand for industrial automation solutions is fueling the requirement for mobile collaborative robots. The surging complexities of manufacturing processes, high labor costs, and labor shortage and the growing requirement for higher productivity are pushing up the demand for industrial automation across the world. Additionally, many companies in developing countries such as India and China are increasingly using automation solutions for solving the issue of labor shortage and improving their productivity.

Besides, the ballooning use of mobile collaborative robots in the automotive industry, on account of their several advantages such as standardization in manufacturing process and high-quality output, is also driving their sales around the world. Moreover, these robots provide various other benefits such as handling several tasks like assembling, material handling, and welding, which further boosts their popularity among automobile manufacturers. Furthermore, the boom in the automobile industry, especially in China and India, is propelling the demand for these robots.

According to the India Brand Equity Foundation (IBEF), automobile production in India grew at a CAGR of 2.36% during FY2016–2020. Moreover, the sales of automobiles surged at a CAGR of 1.29% during FY16–FY20 in the country. The increasing automobile production is fueling the expansion of the automotive industry, which is, in turn, driving the growth of the mobile collaborative robots market. According to the estimates of the market research company, P&S Intelligence, the market value will rise from $543.3 million in 2019 to $6.8 billion by 2030.

The market is also expected to advance at a CAGR of 26.3% from 2020 to 2030. Out of hardware, software, and services, the demand for mobile collaborative robots hardware was found to be the highest in 2019. This was due to the extensive use of these robots in the automobile industry and the fact that hardware is an integral component of mobile cobots. These robots can handle payloads having weights less than 10 kg, between 5 and 10 kg, and greater than 10 kg.

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