Search results for: automotive sector

The CEO and Member of the Board of Directors of Automotive Cluster Bulgaria looks back to this year`s edition of ACB`s largest event and discusses the future of the sector in the country

Nine out of ten automobiles in Europe contain parts that were manufactured in Bulgaria. 80% of all the sensors in European cars were also produced in the country. The automotive parts manufacturing is one of the fastest developing sectors in Bulgaria today, growing with around 8% per annum. There are more than 270 companies in the industry, many of which producing components for global automotive brands

The rapid advancements in robotics and artificial intelligence and the ever wider adoption of those technologies in SMEs brings a multitude of benefits for the economical development of the countries in Southeast Europe (SEE). Although, the share of companies, using robots, stays relatively low, compared to the more developed regions of Europe and the world.

Bulgaria has a long history and established traditions in the automation segment. The roots of the sector go all the way back to the 1960s, when the intensive development of the electronic industry began. Today, as an integral part of the European Union, the country has an extensive and thriving automation components market

With several leading players in areas like electric motors and mechatronics, the Slovenian automotive industry can provide sophisticated components and unique solutions like high-torque in-wheel electric drive systems and AI based real traffic simulation solutions

The machinery sector in Turkiye, including the machine tool segment, continues to be one of the main drivers of the local economy. According to VDW, Turkey`s machine tool market today is among the top 10 in the world

Industry 4.0, defined as smart manufacturing and supported by the Industrial Internet of Things (IIoT), is affecting entire global production, including Serbian industry. The fourth industrial revolution is relatively slowly (and with a serious delay compared to the most high-tech economies in Europe and the world) but steadily developing in the country according to local and international experts

Due to its highly skilled workforce and location, the automotive industry in Serbia is not just a traditional economic sector but also a sector with a promising future. Today almost all significant European and some Asian automakers receive supplies from the Serbian automobile sector

Even though for most countries 2020 showed an increase in the use of industrial robots in manufacturing-related enterprises compared to 2018, Romania registered a decrease of 0,04 percentage points, which may indicate a lack of capacity for enterprises to finance new investments in equipment and technology

The ground-mounted solar array in Serbia will be near a planned carbon-free industrial park, to be built on an area of some 800 ha between Belgrade and Novi Sad, for an overall investment of more than EUR 2 billion