Interview: Leading robotics and automation fund manager planning to launch new investment vehicle

The news that investments in robotics and automation companies have out-performed all other investments on the stock market will only add to the allure of this sector. 

Fuelled by a renewed fascination and technological advancement in artificial intelligence, investors are enthusiastically looking for funds and companies in which to put their money.

There’s very few investments in life or in history that can offer get-rich-quick returns, but certainly a wise investor could make substantial returns if they are careful with their money.  Continue reading Interview: Leading robotics and automation fund manager planning to launch new investment vehicle

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

AI and robotics stocks outperforming other shares on markets

Artificial intelligence and robotics stocks are performing better than many other investments on the stock market, according to a report on CNBC

The website says robotics and AI stocks are “crushing” the old economy and is up by 30 per cent compared with under 10 per cent for other stocks.

In particular, the Global X Robotics and Artificial Intelligence ETF (BOTZ) and the ROBO Global Robotics and Automation Index (ROBO) have done well.  Continue reading AI and robotics stocks outperforming other shares on markets

Interview: Robotic Vision Technologies boss eyes growth of global collaborative robotics market

Interview with Rick Weidinger, CEO of Robotic Vision Technologies

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.

Robots, of course, only have senses because their makers want to integrate sensors into them.  Continue reading Interview: Robotic Vision Technologies boss eyes growth of global collaborative robotics market

Global agriculture robots market driven by ‘high population growth and food shortages’

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.

By geography, Asia Pacific and rest of the world are expected to grow at 24.7 per cent and 24.1 per cent respectively, during the forecast period.  Continue reading Global agriculture robots market driven by ‘high population growth and food shortages’

Rethink Robotics signs up nine new distribution partners in Europe and the US

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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.

With the launch of the Intera 5 software platform and ClickSmart family of gripper kits earlier this year, Rethink says it now offers a complete range of products and services to “help manufacturers around the world improve productivity“.  Continue reading Rethink Robotics signs up nine new distribution partners in Europe and the US

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

Cheap batteries will accelerate sales of electric cars worldwide, says report

electric car illustration
Picture courtesy of Alternative Energy News

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. 

The China Association of Automobile Manufacturers says sales of new energy vehicles – which includes hydrogen – reached 507,000 units in 2016, representing an increase of 53 per cent compared with 2015.

In the previous year, the increase was similar. The steep upward trend seems to have taken off in 2014, according to analysis by BloombergContinue reading Cheap batteries will accelerate sales of electric cars worldwide, says report

North American robotics market growing and creating new types of work, says A3

fanuc at hm 1

The fast-growing North American robotics and automation market is creating new kinds of jobs, according to the Association for Advancing Automation, or A3. 

The association says new technologies, such as collaborative robots and advanced vision systems are driving growth and diversity of employment in the sector.

Jeff Burnstein, who has a number of roles in the association including A3 president, says: “Automation technologies are fueling entirely new categories of jobs – really creating the jobs of the future – in addition to enabling companies to become more productive and create higher-quality products in safer environments.”  Continue reading North American robotics market growing and creating new types of work, says A3

Prefabricated construction using robots set to increase in next few years

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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.

Its supporters say it reduces the costs of construction significantly and enables more accuracy and quality in the final building process.  Continue reading Prefabricated construction using robots set to increase in next few years

Robotiq releases updated version of its collaborative robots ebook

robotiq cobot ebook

Robotiq has updated what it says is one of its “most read” ebooks, and has made it downloadable for free.

This is the seventh update of Robotiq’s Collaborative Robots Buyer’s Guide, and it’s available free at the company’s website.

Robotiq says the guide provides a clear view of what’s available, so manufacturers who are thinking about adding a robot to their production floor, as well as those who plan on expanding automation in their factory, will see which model of collaborative would best fit their requirements.  Continue reading Robotiq releases updated version of its collaborative robots ebook

German robotics and automation market set for sales of $15 billion this year

vdma article

The German robotics and automation market is forecast to grow by 7 per cent this year compared with last year, with sales volume projected to reach a massive $15 billion. 

Germany is one of the world’s leading buyers of industrial robotics and automation systems, and purchased approximately $14 billion worth in 2016.

These are figures which German engineering association VDMA has suggested as a result of its research into the market.  Continue reading German robotics and automation market set for sales of $15 billion this year

Kuka to build personal assistance robot business with Midea

Midea-products
Some of the products Midea manufactures

Kuka, one of the world’s largest manufacturers of industrial robotic arms, is planning to expand into the area of personal assistance robotics. 

This is according to an article on FT.com, which quotes Kuka chief executive Till Reuter.

Reuter told the FT that he sees potential for using Midea’s reach into the household appliances market to develop more complex, intelligent machines which can help with household tasks.  Continue reading Kuka to build personal assistance robot business with Midea

China’s fast-growing automotive market presents opportunities for all

china Kunming_night

China’s auto market is creating “explosive growth opportunity” for companies prepared to adapt their approach, according to a new report by Gao Feng

The report, Rising Opportunities in China’s Automotive Independent Aftermarket, was produced by Bill Russo, Jason Zhang, Jackie Tang and Peter Hu.

The authors say China’s automotive market has “entered a new phase” which brings “enormous opportunities”.  Continue reading China’s fast-growing automotive market presents opportunities for all

Microtechnology exhibition to showcase innovations in watchmaking and medicine

epjh entrance

It’s not one of the most famous exhibitions in the world, and not the biggest, but that’s probably appropriate for EPHJ, because it’s all about small things, or – more accurately – what’s called the “microtechnology” sector. 

Microtechnology includes such things as watchmaking, jewellery making, and precision instrumentation for medicine, all of which are relatively large business sectors in Switzerland, where EPHJ is being held, on 20-23 June 2017 – Geneva, to be exact.

Now in its 16th year, the event is described as “an unmissable event for high-precision manufacturers, with exhibitors from the worlds of watchmaking and jewellery, microtechnology and medtech”.  Continue reading Microtechnology exhibition to showcase innovations in watchmaking and medicine