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.
A human eye transmits data to the brain at a rate of approximately 10 million bits a second, which is about the equivalent of the capacity of some Ethernet connections.
This was the finding of a study by researchers at the University of Pennsylvania School of Medicine, and while that may be debatable, and perhaps doesn’t tell the whole story of the complexity of the human eye, it’s probably a widely accepted idea that our eyes collect and transmit more data than do our other “sensors”, if they can be called that – the ones for sound, touch, smell and taste – which, with sight, make up our five human senses.
The global market for agricultural robots is forecast to exceed $5 billion by 2024, according to a report.
The Global Agriculture Robots Market Report, published by Variant Market Research, predicts the global market will reach $5,214 million by 2024 from $968 million in 2016 – growing at an annual rate of 23.4 per cent from 2016 to 2024.
Rethink Robotics has signed deals with nine distribution partners throughout the United States and Europe to extend the availability of its smart, collaborative robots.
With an extensive network throughout the world – including partners in the US, UK, Germany, France, Spain, China, Korea, Japan, Mexico and Australia – these distribution deals are part of Rethink’s efforts to meet growing demand across the globe, bringing flexible automation to the global manufacturing market.
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.
The growth in popularity of electric vehicles in China alone, even if it’s a trend not followed anywhere else in the world, is enough to drive the automotive market to make fundamental changes to the way it manufactures cars as well as the raw materials and fuels it uses.
Prefabricated construction is where the individual components and parts of a building are manufactured in a factory and then transported to the building site and assembled together to form the final house or commercial building, or whatever it may be.
This construction technique or methodology has been around for quite some time and its proponents have probably often wondered why it doesn’t become the main way dwellings and office blocks are built.