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Robot Gears and Sprockets Market to Grow by USD 47.9 Million from 2024-2028, Driven by E-commerce Growth; Market Evolution Powered by AI – Technavio

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NEW YORK, Sept. 27, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global Robot Gears and Sprockets market  size is estimated to grow by USD 47.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  5.14%  during the forecast period.  Growth in e-commerce industry is driving market growth, with a trend towards growing use of 3d printing technology for production  However, high initial cost for small and medium-sized enterprises  poses a challenge.Key market players include Apex Dynamics Inc., Ascent Precision Gear Corp., B and B Manufacturing Inc., Brother Industries Ltd., Designatronics Inc., Forest City Gear Co., Gear Motions Inc., Globe Transmission Corp., Innovation First International Inc., Kohara Gear Industry Co. Ltd., Nabtesco Corp., Nidec Corp., Ondrives Ltd., R W America LP, Regal Rexnord Corp., STD Precision Gear and Instrument Inc., STOBER Drives Inc., SuperDroid Robots Inc., The Timken Co., and Tsubakimoto Chain Co..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Material handling, Assembly line, Welding, and Painting), Product (Gears and Sprockets), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

Apex Dynamics Inc., Ascent Precision Gear Corp., B and B Manufacturing Inc., Brother Industries Ltd., Designatronics Inc., Forest City Gear Co., Gear Motions Inc., Globe Transmission Corp., Innovation First International Inc., Kohara Gear Industry Co. Ltd., Nabtesco Corp., Nidec Corp., Ondrives Ltd., R W America LP, Regal Rexnord Corp., STD Precision Gear and Instrument Inc., STOBER Drives Inc., SuperDroid Robots Inc., The Timken Co., and Tsubakimoto Chain Co.

Key Market Trends Fueling Growth

The Robot Gears and Sprockets market is experiencing growth due to the adoption of 3D printing technology for manufacturing these components. This technology allows for the production of complex geometries quickly and affordably, providing designers and manufacturers with the flexibility to customize their products. The aerospace sector is an early adopter, using 3D printing for intricate gear and sprocket designs in aircraft engines. Governments worldwide invest in 3D printing technology, including the US National Network for Manufacturing Innovation, to advance manufacturing and reduce material waste. This trend towards precision manufacturing with 3D printing is expected to reduce material waste and environmental impact, driving market growth. 

Title: Robot Gears and Sprockets Market: Trends and Future Prospects The robot gears and sprockets market is witnessing significant growth due to the increasing adoption of industrial robots in various manufacturing units. Companies are strategically analyzing their manufacturing processes to incorporate robotics for improved efficiency and productivity. Our research methodology includes data analysis from industry reports, interactions with leading industrial players, and insights from domain experts. Key trends include the integration of artificial intelligence, vision capabilities, and affordability in industrial robots. Industrial robots find applications in material handling, welding, painting, and other industrial activities. Robotic construction and emerging industries like e-commerce and renewable energy are also driving demand for robot gears and sprockets. Initiatives like digital archives, research platforms, and proprietary platforms are providing valuable insights into the market narrative. Influencers such as interactive questionnaires, YouTube video transcripts, podcasts, press statements, and event keynotes are shaping the discourse around this dynamic market. Despite the numerous benefits, risks like high initial investment and complex programming remain. The future possibilities are immense, with the potential impact on industries and manufacturing units significant. Stay tuned for more updates on this exciting market. 

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Market Challenges

Small and Medium Enterprises (SMEs) may encounter significant obstacles in implementing robotic systems due to their high upfront costs. Robots and associated hardware and software can cost anywhere from USD10,000 to USD100,000 or more. SMEs often struggle to compete financially with larger businesses in the robot gears and sprockets market due to these expenses. The investment also includes programming, installation, and maintenance costs. Consequently, SMEs might be hesitant to adopt these technologies, limiting their competitiveness in the market. This challenge could hinder the market’s growth during the forecast period.The Robot Gears and Sprockets market faces several challenges in the current business landscape. Identities and numbers from digital archives and research platforms paint a complex market narrative. Domain experts weigh in through interactive questionnaires, YouTube video transcripts, podcasts, and press statements. Geopolitics, economic instability, monetary policy tightening, climate disasters, disinflation, anxiety, inflation, price moderation, elections, jurisdictions, capital flows, and investment strategies influence this sector. Silicon Valley’s recession risks, government spending, and volatility create a catalyst for growth. Agility and strategic foresight are essential for investment decisions amidst survival concerns. Segments and sub-segments require a future roadmap, while business models rely on financial data, both existing and funding. Recent developments shape the market’s future.

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Segment Overview 

This robot gears and sprockets market report extensively covers market segmentation by

Application 1.1 Material handling1.2 Assembly line1.3 Welding1.4 PaintingProduct 2.1 Gears2.2 SprocketsGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Material handling-  The robot gears and sprockets market is experiencing significant growth due to the increasing demand for material handling robots. Factors such as industry automation and technological advancements are driving this trend. Material handling robots are being adopted across various industries, including tire manufacturing, automotive, and distribution, to enhance productivity and efficiency. ABB, Fanuc, and Kuka are some companies providing material handling robots for these applications. The development of small, lightweight robots with large payload capacities and improved connectivity and communication abilities is further fueling market expansion. This growth is expected to continue throughout the forecast period.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022)

Research Analysis

The Robot Gears and Sprockets market encompasses the production and distribution of essential components for robotics systems. These components, including gears and sprockets, play a vital role in the smooth operation and functionality of robots. In the digital age, market research firms have created extensive archives of data and insights to help businesses stay informed. Influencers and domain experts share their knowledge through interactive podcasts and segments and sub-segments analysis. The future roadmap of the industry is shaped by company strategies, financial data, and recent developments. Monetary policy tightening and emerging industries’ impact are crucial factors to consider. Vision capabilities, analysis of trends, initiatives, risks, and future possibilities are all essential elements shaping the Robot Gears and Sprockets market landscape.

Market Research Overview

The Robot Gears and Sprockets market is a critical segment in the robotics industry, fueling the efficiency and productivity of industrial robots. This market encompasses digital archives and research platforms, providing domain experts’ insights, numbers, and market narrative. Influencers such as interactive questionnaires, YouTube video transcripts, podcasts, press statements, and event keynotes shape the discourse. Geopolitics, economic instability, monetary policy tightening, climate disasters, disinflation, anxiety, inflation, price moderation, elections, jurisdictions, capital flows, investment strategies, and recession risks influence the market’s dynamics. Silicon Valley, government spending, investors, businesses, volatility, catalysts for growth, agility, strategic foresight, and investment decisions are essential elements shaping the future roadmap. Industrial robots’ segments include programming, material handling, welding, painting, components, and industrial activities in manufacturing units. The market’s business model relies on financial data, existing and funding, recent developments, company strategy analysis, and research methodology. Artificial intelligence, vision capabilities, analysis of trends, initiatives, emerging industries, impact, risks, and future possibilities further expand the market’s scope.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationMaterial HandlingAssembly LineWeldingPaintingProductGearsSprocketsGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Pillsbury Notice of Data Breach

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NEW YORK, July 18, 2026 /PRNewswire/ — Pillsbury Winthrop Shaw Pittman LLP (“Pillsbury”) was among many law firms targeted by sophisticated social engineering attempts in an incident last year. While the firm quickly detected and blocked the activity, an unauthorized actor was able to access some of the firm’s documents during a short window of time. Pillsbury notified any impacted clients last year and undertook a detailed process to review the accessed documents for personal information. Pillsbury then began notifying individuals whose personal information was affected. That process is now complete, and today, Pillsbury is publishing substitute notice as a final step.

For more information, please visit the substitute notice on our website at https://www.pillsburylaw.com/en/breach-notice.html

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SOURCE Pillsbury Winthrop Shaw Pittman LLP

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From Remote Racing to Embodied AI: Fibocom and Intedigo Bring 5G Bidirectional Data Transmission into Real-World Applications

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SHANGHAI, July 18, 2026 /PRNewswire/ — From July 17 to 20, Fibocom and Intedigo will jointly present a cross-regional, beyond-visual-line-of-sight (BVLOS) teleoperation demonstration at Booth H3-C408 during the World Artificial Intelligence Conference (WAIC) 2026. Visitors will be able to enter a remote driving cockpit and control a real race car located at HURA PARK in Jiading, Shanghai, steering, accelerating, and braking in real time while experiencing how 5G connectivity enables remote operation.

More than an immersive driving experience, the demonstration provides a live validation of 5G bidirectional data transmission for embodied AI teleoperation. The vehicle continuously sends live track video, vehicle status, and operating data to the remote cockpit, while control commands are transmitted back to the vehicle, creating a closed-loop teleoperation system. Stable, low-latency, and highly reliable connectivity is essential for high-dynamic maneuvers such as high-speed cornering, precision braking, and continuous lane changes.

Developed by Intedigo, the remote driving system connects a real race car with an immersive remote driving cockpit. It supports 1080p@60Hz video transmission, glass-to-glass (G2G) video latency of less than 80 ms, and control latency of less than 10 ms. The demanding racing environment magnifies differences in video continuity and control responsiveness, making communications performance directly perceptible, measurable, and verifiable.

At the joint demonstration, Fibocom’s FM160 5G module provides cellular connectivity for the system. Powered by the Qualcomm Snapdragon™ X62 5G Modem-RF System, the FM160 supports SA and NSA network architectures as well as 3GPP Release 16. On the downlink, it supports NR Carrier Aggregation (NR CA) with bandwidth of up to 120 MHz, delivering peak speeds of up to 3.5 Gbps in NSA mode and 2.5 Gbps in SA mode. On the uplink, it supports UL MIMO and delivers peak speeds of up to 900 Mbps in SA mode. These capabilities support the continuous transmission of HD video and vehicle status data, along with reliable delivery of control commands.

As embodied AI moves into factories, data centers, logistics operations, and industrial parks, robots are becoming increasingly capable of performing tasks autonomously. Yet complex environments, unexpected events, and edge cases still require Human-in-the-Loop (HITL) remote intervention to help ensure safe and reliable operation.

Daniel Liu, CEO of Intedigo, said:

“5G represents the pinnacle of human communications and the starting point of machine communications. In the past, communications connected people to people; in the future, they will connect people to robots and robots to robots. Remote racing is simply the easiest entry point for people to understand this concept. What we are truly validating is a communications system capable of supporting remote collaboration for embodied AI. HURA makes low-latency remote driving a tangible experience, while RoBOX extends this capability to robots and a broader range of intelligent terminals. Together with Fibocom, we hope to enable more machines to receive remote assistance whenever needed while remaining continuously connected and operating reliably.”

Simon Tao, VP of Wireless Solutions Business Group and General Manager of MBB BU at Fibocom, said:

“As embodied AI enters real-world industrial environments, reliable connectivity will become the foundation for telemetry feedback, remote control and operational management. Fibocom’s 5G solutions, represented by FM160, provide the cellular connectivity required for continuous on-site data transmission and reliable control command delivery. Fibocom will continue collaborating with ecosystem partners such as Intedigo to bring cellular connectivity to more robots, autonomous machines and mobile intelligent terminals, enabling embodied AI systems to stay continuously connected and respond reliably in real-world applications.”

From remote race cars to robots, unmanned equipment, and mobile intelligent terminals, 5G is evolving from connecting people to connecting machines. This joint demonstration makes the capabilities of 5G bidirectional data transmission directly perceptible, experiential, and verifiable, helping pave the way for embodied AI to scale across real-world applications.
 

About Fibocom

Fibocom, founded in 1999, is China’s first wireless communication module company listed on both the A-share and H-share markets (300638.SZ, 0638.HK). As a global leading provider of wireless communication modules and AI solutions, Fibocom leverages wireless communication and artificial intelligence as its core technologies to provide integrated hardware and software solutions that empower industry applications. These solutions accelerate the transformation from “Connect Everything” to “Intelligent Connectivity” across diverse industries.

Fibocom’s one-stop solutions encompass cellular communication, AI, automotive, and GNSS modules, as well as AI toolchains, supporting industry-side and mainstream large model integration, and providing AI Agent, global connectivity, and cloud services, driving the digital intelligence upgrades in industries such as robotics, consumer electronics, low-altitude economy, intelligent transportation, smart retail, and smart energy.

View original content to download multimedia:https://www.prnewswire.com/news-releases/from-remote-racing-to-embodied-ai-fibocom-and-intedigo-bring-5g-bidirectional-data-transmission-into-real-world-applications-302828996.html

SOURCE Fibocom Wireless Inc.

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DR. PHONE FIX ANNOUNCES SECOND TRANCHE CLOSING OF NON-BROKERED CONVERTIBLE DEBENTURE UNIT FINANCING

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

EDMONTON, AB, July 18, 2026 /CNW/ — Dr. Phone Fix Canada Corporation (“Dr. Phone Fix” or the “Company”) (TSXV: DPF) is pleased to announce that, further to its news release dated May 19, 2026 and June 24, 2026 (the “Prior News Releases”), it has closed the second tranche of its non-brokered private placement (the “Offering”) of convertible debenture units of the Company (each, a “Unit”). The Company issued 726 Units, at a price of $1,000 per Unit, for aggregate gross proceeds of $726,000. Each Unit is comprised of (i) one $1,000 principal amount unsecured convertible debenture of the Company (a “Convertible Debenture”) and (ii) 3,125 common share (“Common Share”) purchase warrants of the Company (each, a “Warrant”). Additional detail on the Offering, including terms of the Convertible Debentures and Warrants, is set out in the Prior News Releases.

In connection with the Offering, the Company paid a finder’s fee consisting of an aggregate cash fee of $50,820 and issued an aggregate of 317,625 common share purchase warrants of the Company (each, a “Finder’s Warrant”) to certain qualified arm’s length parties. Each Finder’s Warrant is exercisable to acquire one Common Share of the Company at an exercise price of $0.22 prior to the date that is 24 months from the date of issuance.

All securities issued pursuant to the Offering, including any Common Shares issuable upon conversion of the Convertible Debentures or exercise of the Warrants and Finder’s Warrants, are subject to a statutory hold period of four months and one day from the closing of the Offering, in accordance with applicable securities laws and TSX Venture Exchange (the “TSXV”) policies. 

The Offering remains subject to final acceptance of the TSXV.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release in the United States. Such securities have not been, and will not be, registered under the U.S. Securities Act, or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or “U.S. Persons”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

About Dr. Phone Fix

Dr. Phone Fix is a national, award-winning, eco-friendly, and customer-centric leader in Canada’s cell phone and electronics repair and certified pre-owned device industry. Founded in 2019, the Company now operates 44 retail locations nationwide through a standardized and scalable operating platform designed to support consistent execution across multiple markets, delivering fast, reliable, and environmentally conscious repair services alongside a curated selection of certified pre-owned devices and premium accessories. Dr. Phone Fix maintains strong partnerships with OEMs and certified suppliers, ensuring consistently high-quality standards across its national footprint. With a focus on responsible device lifecycle management, customer service, and operational discipline, Dr. Phone Fix continues to set the benchmark for device care and resale in Canada.

www.docphonefix.com

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Forward-Looking Information and Cautionary Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or the negative of these terms and similar expressions. Forward-looking statements in this news release include statements relating to: the final acceptance of the Offering by the TSXV; and the expected use of proceeds following the closing of the Offering. Forward-looking information in this news release is based on certain assumptions and expected future events, namely: the Company’s financial condition and development plans do not change as a result of unforeseen events; the TSXV will provide its final acceptance of the Offering; and the Company will be able to obtain the financing required in order to develop and continue its business and operations. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company’s inability to obtain TSXV final acceptance for the Offering; the potential failure to complete the balance of the Offering or to raise the full anticipated gross proceeds; market conditions and investor demand for the Company’s securities; the Company’s inability to deploy the proceeds as currently intended; and general economic and market conditions. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

 

SOURCE Dr. Phone Fix

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