Latest news with #IFR
Business Wire
4 days ago
- Automotive
- Business Wire
Europe´s Auto Industry Installed 23,000 New Robots
FRANKFURT AM MAIN, Germany--(BUSINESS WIRE)-- Investment in automating the car industry in Europe remains high. The total number of industrial robots installed reached 23,000 in 2024, which is the second-best result in five years. These are preliminary results presented by the International Federation of Robotics (IFR). Europe´s Auto Industry Installed 23,000 New Robots Share "The European automotive sector is the region's strongest customer industry for robotics," says Takayuki Ito, President of the International Federation of Robotics. 'Car makers are accounting for around a third of annual manufacturing installations in Europe. In terms of automation activity, the combined number of 23,000 European robot installations in the car sector was ahead of the 19,200 units installed in North America in 2024.' Automotive robot density At a global level, Europe´s car manufacturing is highly automated: Six European countries are among the top ten in the world's robot density ranking for the automotive industry in 2023: Switzerland is in first place, with a ratio of 3,876 robots to 10,000 factory workers. Slovenia is in third place (1,762 units), Germany in sixth (1,492 units), Austria in eighth (1,412 units), Finland in ninth (1,288 units), and the Benelux countries are in tenth place with 1,132 units. European Union is in lead Apart from Switzerland, all of these automation champions are EU member states. The EU27 countries' leading role is evident not only in the automotive industry, but across all sectors, accounting for around 85% of all regional installations in 2024. Germany, which belongs to the five major robot markets in the world, had a share of about 30% of the total installations in Europe. Italy followed with about 10% and Spain with about 6%. From 2019 to 2024, the compound annual growth rate (CAGR) of robots installed in the Europe was +3%. IFR Executive Round Table, June 25 in Munich Downloads Press releases, graphics, photos About IFR The International Federation of Robotics is the voice of the global robotics industry: The IFR Statistical Department provides data for two annual robotics studies: Follow IFR on LinkedIn and YouTube
Yahoo
04-06-2025
- Business
- Yahoo
UK Investment Firms Prudential Regime and ICARA Seminar: Best Practices in Implementing the Directive and Optimising Liquidity, Risk Management and Governance Frameworks (ONLINE EVENT: July 4, 2025)
Dublin, June 04, 2025 (GLOBE NEWSWIRE) -- The "IFPR - Investment Firms Prudential Regime and ICARA" training has been added to offering. Join this practical 1 day workshop conducted by a regulatory expert and a senior industry advisor to some of the leading international organisations to learn the best practices in implementing the directive and optimising your firm's liquidity, risk management and governance frameworks. The EU Investment Firms Regulation and Directive (IFR/IFD) came into force December 2019, introducing a new prudential regime for investment firms and a material shift in the EU regulatory framework for investment firms currently authorised under IFR/IFD requirements vary by firm activities and asset size, but will replace the current Capital Requirements Regulation and Directive (CRR/CRD) for most investment firms. In addition, the ICARA - Internal Capital Adequacy and Risk Assessment will replace the existing Internal Capital Adequacy and Assessment Process (ICAAP). We will be also examining the UK IFPR - Investment Fund Prudential Regime and its impact on funds in the UK. This practical 1 day course taught by an expert with over 20 years of practical experience from the sector will examine the new regime and give you a chance to learn about compliance and regulatory capital requirements and their impact on firms' liquidity, prudential consolidation, risk management and governance frameworks as well asremuneration requirements and regulatory disclosures. What will you learn This course will provide investment firm participants with the following key tools to help comply with IFR / IFD & UK IFPR - Investment Firm Prudential Regime: Classification of your firm and implications for non-EU domiciled entities Calculation of the new Capital and Liquidity requirements, ICARA, K factors and own fund requirements Setting up a Risk Management and Governance framework, changes to remuneration, and oversight committees Regulatory disclosures and other considerations such as impact of Brexit and ESG requirements Who Should Attend: Chief Finance Officers and Finance control functions Chief Risk Officers and Risk control functions Heads of Legal and Compliance and Heads of HR Key Topics Covered: Regulatory Background The three pillars of IFPR - Prudential, Governance and Remuneration Capital Requirements - Own Funds and K Factors Risk Management - ICARA, Liquidity and Concentration ICAAP vs ICARA, and broader CRR Requirements K Factors and calculation methodology differences Remuneration Requirements Governance Implications for EU and Global Investment Firms Timelines and Implementation Other Considerations including regulatory reporting, impact of Brexit, and ESG requirements For more information about this training visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-06-2025
- Business
- Yahoo
77% of Germans Want Robots in the Workplace – automatica Trend Report 2025
MUNICH, June 03, 2025--(BUSINESS WIRE)--The vast majority of employees in Germany believe that robot deployment in factories will ensure the country's competitiveness. Three out of four are convinced that robotics can help alleviate the effects of skills shortages. Around 80 percent would like robots to take on dangerous, unhealthy, or repetitive tasks. These are the findings of the 2025 automatica Trend Index. It is based on interviews with a total of 5,000 employees from five countries. Improving the competitive positioning is among the most pressing tasks of the new federal government. And the industry is at the center of this effort. It is alarming that the robot density in Chinese manufacturing environments is now greater than in Germany. China has doubled its number of robots per factory worker within four years (2019-2023). According to the International Federation of Robotics (IFR), China, with its 470 units per 10,000 employees, advanced to second place worldwide in 2023. Germany is down to fourth place with 429 units and Japan comes in fifth with 419 units. Dirty, monotonous, dangerous jobs According to the survey, around three out of four respondents in Germany feel that robots can help improve competitive positioning and keep industrial production in their own country. The Trend Index found that respondent approval is even stronger in China: Around 80 percent of them see the positive effects for domestic industries. In contrast to that, it is only two out of three in the US. Lack of specialists The lack of specialists is a key driver of automation adoption. 75 percent of respondents feel that robotics can provide solutions in this context. The automatica Trend Index produced particularly high approval figures when respondents were asked whether robotics and automation would improve the future of work: A vast majority wants to hand over dirty, monotonous, and dangerous tasks in factories to robots. 85 percent are convinced that robots lower the risk of sustaining injuries when performing dangerous work. And 84 percent consider robots a key solution for handling hazardous materials. Finally, 70 percent of respondents expect that robots will enable elderly professionals to postpone their retirement. FULL TEXT press release at: About automatica View source version on Contacts econNEWSnetworkCarsten HeerTel. +49 40 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
03-06-2025
- Business
- Business Wire
77% of Germans Want Robots in the Workplace – automatica Trend Report 2025
MUNICH--(BUSINESS WIRE)-- The vast majority of employees in Germany believe that robot deployment in factories will ensure the country's competitiveness. Three out of four are convinced that robotics can help alleviate the effects of skills shortages. Around 80 percent would like robots to take on dangerous, unhealthy, or repetitive tasks. These are the findings of the 2025 automatica Trend Index. It is based on interviews with a total of 5,000 employees from five countries. 77 % of Germans want robots in the workplace Share Improving the competitive positioning is among the most pressing tasks of the new federal government. And the industry is at the center of this effort. It is alarming that the robot density in Chinese manufacturing environments is now greater than in Germany. China has doubled its number of robots per factory worker within four years (2019-2023). According to the International Federation of Robotics (IFR), China, with its 470 units per 10,000 employees, advanced to second place worldwide in 2023. Germany is down to fourth place with 429 units and Japan comes in fifth with 419 units. Dirty, monotonous, dangerous jobs According to the survey, around three out of four respondents in Germany feel that robots can help improve competitive positioning and keep industrial production in their own country. The Trend Index found that respondent approval is even stronger in China: Around 80 percent of them see the positive effects for domestic industries. In contrast to that, it is only two out of three in the US. Lack of specialists The lack of specialists is a key driver of automation adoption. 75 percent of respondents feel that robotics can provide solutions in this context. The automatica Trend Index produced particularly high approval figures when respondents were asked whether robotics and automation would improve the future of work: A vast majority wants to hand over dirty, monotonous, and dangerous tasks in factories to robots. 85 percent are convinced that robots lower the risk of sustaining injuries when performing dangerous work. And 84 percent consider robots a key solution for handling hazardous materials. Finally, 70 percent of respondents expect that robots will enable elderly professionals to postpone their retirement.
Irish Times
29-05-2025
- Business
- Irish Times
March of the cobots: The technology lowering the barrier to automation
Cobots, or 'collaborative robots ', are a type of industrial robot designed to operate safely alongside human workers. Like conventional robots, they tend to take the form of a multi-jointed arm that can rotate, swivel, bend and contort to approach a job from any angle. Interchangeable tools at the end of their arms allow cobots to perform countless tasks, from assembling electronics and packaging pharmaceuticals to gluing and even welding. But the machines are smaller and more flexible than traditional robots, and are designed to be integrated with the workforce rather than separated from it, making automation attainable even for smaller companies. The first cobot was invented in the mid-1990s by two professors from Northwestern University in Illinois in the US, with commercial versions hitting the market a decade later. Since then the technology has surged in popularity as demand for automation soars in sectors from packaging to electronics, particularly among small and medium-sized enterprises. READ MORE Cobots accounted for 11 per cent of all industrial robots installed in 2023, the most recent year for which data is available, according to the International Federation of Robotics (IFR). The cobot industry now has sales of almost $3 billion (€2.64 billion) a year, according to California-based consultancy Grand View Research, which forecasts annual growth of more than 30 per cent to the end of the decade as adoption spreads. Ben Morgan, interim chief executive of the Advanced Manufacturing Research Centre (AMRC) at the University of Sheffield in the UK, said that while cobots were 'starting to come to the fore' around the start of the last decade, 'now they're far more commonplace. You see them in SMEs, you see them in multinationals, original equipment manufacturers, in lots of different applications'. Robots have been used in heavy industry for decades, boosting productivity in sectors such as car-making and metalworking. They tend to be large, expensive machines limited to a single task and their power requires them to be fenced off from workers to limit the possibility of injuries. The technical expertise required for their programming means deployment can carry the additional cost of hiring or contracting specialists, putting them out of reach for all but the largest of companies. Cobots share their older siblings' reliability and consistency but are smaller and tend to be far cheaper, with a faster return on investment, allowing easy integration into existing workflows and lowering the barrier to automation. Cobots can help companies improve productivity, quality and consistency by introducing automation at lower effort, and with less disruption to the existing production line, than traditional robots — Susanne Bieller, International Federation of Robotics Typically worktop-mounted, they are equipped with sensors that halt their motion if a person or unexpected object gets in the way, allowing them to operate more safely alongside human colleagues without the need for costly safety caging. They do not always require specialist programmers. Many boast intuitive touchscreen technology or functions that allow a human operator to manipulate them, rather like a stop-motion animator, in a way the cobot learns and can then repeat. Such 'plug and play' capabilities, combined with their portable size, makes them flexible – able to be switched to different tasks elsewhere on the production line. 'Cobots can help companies improve productivity, quality and consistency by introducing automation at lower effort, and with less disruption to the existing production line, than traditional robots,' said Susanne Bieller, general secretary of the IFR. Morgan of the AMRC said cobots provide smaller companies with a 'soft entry' to robotics and automation. The flexible nature of the technology has led to their adoption for a multitude of tasks. In the manufacturing industry, for example, cobots assemble products by manipulating their constituent parts together, fixing them with screws or glue, spraying them with paint, and even performing visual quality control. They are also ideal for 'pack-and-place' warehouse tasks, picking up products and arranging them in boxes or pallets for storage or shipping without the risk of damage that human involvement can bring. [ How robots are helping to set a sustainable course for Irish farming Opens in new window ] Cobots are increasingly used in welding, a skill in decline in many markets, and in the plastics industry for tasks that are potentially hazardous for humans such as polishing and injection moulding. But the vast range of appendages to their arms means the possibilities are virtually endless. Leading makers of cobots include Denmark's Universal Robots, Japan's Fanuc, ABB of Switzerland and Germany's Kuka, which claims to have created the first commercial version of the technology. But surging demand has created 'quite a crowded market', according to Morgan, with a steady flow of new entrants. Like industrial robots, cobots can work faster and with greater precision than people, raising the prospect that they could eventually replace the workforce. But advocates of automation say productivity gains help companies grow, which normally leads to larger rather than smaller workforces. Morgan of the AMRC acknowledged that when robots or cobots are put into a factory, 'it's fair to say that the process they're part of has less humans in it', but he said displaced individuals were usually deployed in other parts of the business. He added that robotics 'tends to help with the four 'Ds' – tasks that are difficult, dangerous, dull or dirty', for which it can be difficult to hire workers. – Copyright The Financial Times Limited 2025
