Learn more

Germany’s robotics sector is anticipating slower growth in 2024 at just 2%, likely to reach €16.5 billion ($17.7 billion) after posting a rise in turnover of 13% last year, the Mechanical Engineering Industry Association (VDMA) reported in Frankfurt on Monday. The figure will nevertheless be a new record for the sector. “The robotics and automation sector is marking time given the weakness in domestic demand,” said Frank Konrad, head of VDMA Robotik + Automation, while presenting the forecast for next year. This year, the robotics sector is seeing growth only in foreign markets, where order in…

cuu