Traditionally, airplane manufacturing has been difficult to automate, due to factors such as tight tolerances and stringent quality demands. However, a new breed of robots enhanced with artificial intelligence technology promises to change that scenario.
The market is projected to expand by $4.43 billion through 2027, driven by battery innovation and DIY trends.
April 2, 2024
ELMHURST, IL—Global sales of cordless power tools are expected to increase from $12.5 billion in 2022 to more than $16.9 billion in 2027, representing a compound annual growth rate of 4.5 percent, according to market research firm Technavio.
PORTLAND, OR—
Until the invention of the Phillips screw, American assembly lines, craftsmen, and consumers used regular, slotted-head screws. But that design was problematic for three reasons: it was difficult to align the driver with the screw aperture; the driver tended to slip from the open ends; and the slot required a closely matching bit. The cruciform drive addressed those problems.