In 2020, Festo was able to increase sales in the "machines and systems for battery production" segment by 40 percent. The demand for automation for battery cell production and other e-vehicle components is increasing continuously. 

The semiconductor and electronics industries have set benchmarks for continuous innovation while keeping prices low. As digitalisation increases, electronic components are rapidly finding their way into other industries too. Sectors as diverse as the automotive industry, medical technology and distribution logistics are demanding more powerful electronics and sensors for applications ranging from self-driving vehicles to artificial heart valves. ...