Robotics & Automation News

Market trends and business perspectives

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ABI Research

Markets and politics contributing to the rise of Chinese robotics companies

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Commercial opportunities and government directives are coalescing to create a vibrant robotics and automation industry in China, according to a new report by ABI Research

Historically, the industrial robotics space has traditionally been dominated by Japanese and European vendors, while the commercial robotics has been the stronghold of robot startups from the United States and Europe.

However, recent developments suggest that Chinese vendors are staking a claim in the robotics territory, says ABI Research, a market research and advisory company.

Lian Jye Su, principal analyst at ABI Research, says: “The top four Chinese industrial robotics vendors reported a topline growth of 20 per cent year-on-year in 2016 and a similar figure is expected for next few years.  [Read more…] about Markets and politics contributing to the rise of Chinese robotics companies

Cobots set to become fastest growing robotics sector

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ABI Research, a market-foresight advisory firm providing guidance on the most transformative technologies, has identified collaborative robotics as one of the fastest growing segments of robotic systems.

Small-to-medium sized businesses are driving the increased demand for collaborative robots, as cobots provide solutions that allow for a more flexible kind of manufacturing that makes no assumptions as to volume levels or types of products being manufactured.

From 2016 to 2025, the global revenue of collaborative robotics shipments is set to enjoy a compound average growth rate of 49.8 per cent, compared to 12.1 per cent for Industrial robots and 23.2 per cent for commercial robotics.

[Read more…] about Cobots set to become fastest growing robotics sector

Commercial and industrial robotics market to see ‘rapid growth’ over the next eight years, says report

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The commercial and industrial robotics market is expected to see rapid growth over the next eight years, according to the latest forecasts from ABI Research.

Different research companies segment the robotics and automation industry in different ways, so it’s up to readers to decide how to piece together the various reports to build up a complete picture.

But according to ABI Research, what it calls the “commercial and industrial robotics market” will see revenues increase from $15 million in 2017 to over $48 million in 2025.  [Read more…] about Commercial and industrial robotics market to see ‘rapid growth’ over the next eight years, says report

Massachusetts robotics companies employed 4,700 workers and generated $1.6 billion in revenue

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Massachusetts Robotics Cluster report identifies “world-class companies and research centers driving innovation”, outlines opportunities for future growth

New research released today by the Massachusetts Technology Collaborative cites 122 companies that now comprise the Commonwealth’s robotics cluster and that these firms employed over 4,700 workers and generated over $1.6 billion in revenue in 2015 alone.

The report also identified 33 new robotics startups that were created in Massachusetts over the past five years, an increase of 31 percent.

In addition to an assessment of the current state of the industry, the Massachusetts Robotics Cluster Report also outlines the key robotics sub-sectors where the Commonwealth is taking a global leadership role, including marine robotics, ecommerce logistics technologies, and collaborative robotics.  [Read more…] about Massachusetts robotics companies employed 4,700 workers and generated $1.6 billion in revenue