Worldwide spending on robotics to exceed $230 billion in 2021, says IDC

A new update to the International Data Corporation Worldwide Semiannual Commercial Robotics Spending Guide forecasts worldwide purchases of robotics, including drones and robotics-related hardware, software and services, will total $97.2 billion in 2017, an increase of 17.9 per cent over 2016.

IDC expects robotics spending to accelerate over the five-year forecast period, reaching $230.7 billion in 2021 with a compound annual growth rate compound annual growth rate of 22.8 per cent.

“The convergence of robotics and artificial intelligence & machine learning are driving the development of the next generation of intelligent robots for industrial, commercial, and consumer applications,” said Dr Jing Bing Zhang, research director, robotics at IDC manufacturing insights.  Continue reading Worldwide spending on robotics to exceed $230 billion in 2021, says IDC

IFR’s projected growth of collaborative robots market ‘in line’ with Universal expectations

 

The International Federation of Robotics’ new report into the global industrial robotics market predicts significant growth in the collaborative robotics segment.

Universal Robots is widely regarded as the market leader in collaborative robots, having been the first to launch such machines almost 10 years ago and having sold more than 10,000 units since.

Having started out in Denmark, Universal Robots is now part of the US industrial giant TeradyneContinue reading IFR’s projected growth of collaborative robots market ‘in line’ with Universal expectations

By 2020, 1.7 million new robots will be roaming the earth

 

The global robot population is growing at what some might say is an alarming rate. 

As well as the countless millions already tucked away in factories and homes everywhere, there could be another 2 million added to that number by the end of the decade, which may or may not coincide with the end of humanity’s control over the planet and a ceremonial transfer of power to the robots and artificial intelligence.

Purely ceremonial, since some people say they already rule over us anyway.  Continue reading By 2020, 1.7 million new robots will be roaming the earth

Embedded computing market to grow over $200 billion by 2022

 

The global embedded computing market will grow to more than $200 billion by 2022, according to a new report.

The sectors accounting for a significant portion of the expected growth will be automotive and industrial.

The report, Embedded Computing Market, is by Acumen Research and Consulting, which says the market will grow at an annual rate of 6 per cent over the forecast period of 2015 to 2022.  Continue reading Embedded computing market to grow over $200 billion by 2022

Columbia University develops soft actuator three times stronger than human muscle to make robots more lifelike

 

Columbia University says it has developed a self-contained soft actuator that is three times stronger than natural muscle, without the need of externals.

The researchers say the development means robotic motion will be more lifelike, and that it signals a breakthrough in soft robotics.

The creation of untethered soft robots whose actions and movements can help mimic natural biological systems have been a long-standing issue, and the scientists at Columbia Engineering say they have solved it.  Continue reading Columbia University develops soft actuator three times stronger than human muscle to make robots more lifelike

Defining a robot is more complex now, as market grows and diversifies

The definition of a robot is in flux, says Tractica in its introduction to its report, Robotics Market Forecast.

Traditional robot manufacturers that have been building and supplying robots for decades have seen this industry undergo a dramatic transformation in the past few years.

Robots have either been part of popular culture and science fiction or have been the workhorses of industrial shop floors until now.  Continue reading Defining a robot is more complex now, as market grows and diversifies

Advanced driver assistance systems market to treble in 10 years

The global market for advanced driver assistance systems is set to treble over the next decade, according to figures seen by Robotics and Automation News

Although the numbers are from two different reports, they provide a broad overview of a market which is set for exponential growth.

The overwhelming majority of vehicles on the road today do not have ADAS, while new cars are mostly produced with some elements of ADAS included.

This means that the scope for growth is huge. Moreover, the technology essentially transforms entirely mechanical machines into intelligent machines, or robots on wheels.

advanced driver assistance systems
Briefing: Advanced driver assistance systems, free to subscribers

Robotics and Automation News has produced a briefing on ADAS which is available now, free to subscribers. It reports some of the latest news, and many of the most important companies in the sector.

Industrial robotics market projected to reach more than $70 billion by 2023

The industrial robotics market is forecast to reach beyond $70 billion by 2023, according to a new report. 

The main drivers for the industrial robotics market are increasing investments for automation in various industries and the growing demand from small and medium-scale enterprises in developing countries.  Continue reading Industrial robotics market projected to reach more than $70 billion by 2023

Minimum wage increases lead to more robotics and automation, says new report

Minimum wage increases lead to more investment in robotics and automation systems, according to a new study.

The report, People Versus Machines: The Impact of Minimum Wages on Automatable Jobs, analysed the US Census Bureau’s Current Population Survey data from 1980 to 2015.

The paper was published by the National Bureau of Economic Research, and authored by Grace Lordan and David Neumark.  Continue reading Minimum wage increases lead to more robotics and automation, says new report

Map produced by Brookings pinpoints location of all robots in the US

The Brookings Institution has found that Michigan has the highest number of robots of all the states in the US. 

Brookings found that Detroit, traditionally the motor town of the US, has more than 15,000 industrial robots installed.

That works out to about 8.5 robots per 1,000 workers, says Brookings.  Continue reading Map produced by Brookings pinpoints location of all robots in the US

Market for logistics robots predicted to exceed $75 billion in 10 years

Mobile robotics in material handling and logistics will become a $75 billion market by 2027, according to a new report, which adds that it will be more than double by 2038. 

These staggering headline figures mask turbulent transformative change underneath: some technologies will rise and transform the fortunes of industries, fuelling growth rates far outpacing recent trends, whilst others will face with decay and obsolescence.

“We are at the beginning of the beginning of a transformative change, and the time to plan is now,” says the report by IDTechEx Research.  Continue reading Market for logistics robots predicted to exceed $75 billion in 10 years

China’s auto mobility revolution: Going from ‘ownership’ to ‘usership’

Gao Feng, a business consultancy headquartered in China, has released a new paper about the revolution in auto mobility in China

China’s unique set of urban transportation challenges, very high rate of adoption of mobile internet services, and rapid and aggressive introduction of alternative mobility solutions have combined to make China a global breeding ground for mobility innovation.

The deeply-rooted automotive industry business model is experiencing disruption.

Mobility needs previously satisfied through product “ownership” are increasingly being served through mobility services “usership”, with profound implications not only for traditional players within the value chain, but also for non-traditional players – as they enter and compete to deliver services.  Continue reading China’s auto mobility revolution: Going from ‘ownership’ to ‘usership’

Manufacturing and construction driving growth in Vietnamese automation and control systems market, says report

Despite slowdowns in certain industries, Vietnam’s automation and control systems market is witnessing stable growth, according to a report by Frost & Sullivan.

Robust expansion in the manufacturing and construction sectors plus increased foreign direct investment, growing end-user need to optimize processes and improve efficiency, and development of special economic zones are factors fuelling growth.

Nonetheless, barriers to market entry are high. To succeed in a fiercely competitive ecosystem, automation vendors must embrace new technologies, such as Internet of Things, collaborate with developers of machine-to-machine technologies, and become one-stop integrated solution providers.  Continue reading Manufacturing and construction driving growth in Vietnamese automation and control systems market, says report

American workers sleepwalking into automated obscurity, says new report

robot replaces human
Picture courtesy of Challenge Magazine

Despite an endless stream of stories in the media warning of humanity’s impending irrelevance in an automated future, it seems American workers remain rather blasé about the prospect of being automated out of existence in the workplace. 

New research by Randstad US contradicts many reports that American workers fear losing their job due to automation.

The 2017 Randstad Employer Brand Research found that only 14 percent of US employees worry that automation will take their job away, and nearly one-third (30 per cent) say they think automation will make their job better.  Continue reading American workers sleepwalking into automated obscurity, says new report

Government incentives driving growth of Malaysian automation and control systems market, says report

malaysian factory robot
A factory in Malaysia. Picture courtesy of The Malay Mail Online

Government incentives and adoption of new technologies are driving the growth of the Malaysian automation and control systems market, according to a new report.

The Malaysian automation and control systems market, one of the biggest for suppliers, is stable and growing, says the study by Frost & Sullivan, which projects the market to be worth more than $409 million in the next four years.

Government incentives to aid manufacturing and infrastructure spend, as well as an established end-user base of sophisticated automation systems, are driving growth in the region.  Continue reading Government incentives driving growth of Malaysian automation and control systems market, says report