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Global food and beverage robotic systems integration market for pick and place application to surpass $40 million by 2025

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The global food and beverage robotic system integration market for pick and place application was estimated at $17.5 million in 2017 and is projected to reach $40.1 million by 2025, according to a new market study published by Coherent Market Insights.

The North America market is projected to reach $11.12 million by 2025 with a compound annual growth rate of 11.02 percent. Increasing demand for robotics for application in various industries has become one of the key factors for growth of this market.

According to Robotic Industries Association, in 2015, a total of 31,464 robots valued at $1.8 billion were ordered by North American companies of different industries, an increase of 14 percent in units and 11 percent in revenue over previous year. [Read more…] about Global food and beverage robotic systems integration market for pick and place application to surpass $40 million by 2025

Silicon Valley Robotics awards two honors to SICK

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The Silicon Valley Robotics group awarded SICK two honors as a part of the SVR’s inaugural Good Robot Industry Awards.

This program celebrates robotics, automation, and artificial intelligence that helps to solve global challenges.

SVR is a non-profit industry cluster and coalition of robotics companies and startups, representing the robotics cluster in northern California. The organization works to support the innovation and commercialization of robotics technology. [Read more…] about Silicon Valley Robotics awards two honors to SICK

Hyundai’s acquisition of Boston Dynamics can reinforce its position in smart mobility, says GlobalData

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Hyundai Motor Group has agreed to acquire approximately 80 percent stake in American engineering and robotics design company Boston Dynamics from SoftBank Group for $1.1bn.

The move can fuel Hyundai’s long-term goal to become a smart mobility solutions provider by leveraging Boston Dynamics’ robots such as bipedal and quadruped equipped with 3D vision, navigation and advanced intelligence, says data and analytics company GlobalData.

Venkata Naveen, senior disruptive tech analyst at GlobalData, says: “Hyundai’s move to acquire major stake in Boston Dynamics polarizes with many automakers competing to add their name to the me-too stack of autonomous carmakers by purchasing self-driving tech startups. [Read more…] about Hyundai’s acquisition of Boston Dynamics can reinforce its position in smart mobility, says GlobalData

Software-based PLCs pose challenge to traditional hardware infrastructure

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By Sharmila Annaswamy, IoT Analytics

Software is increasingly replacing hardware in industrial environments. Software-based programmable logic controllers (Soft PLCs) today are reliable, powerful and flexible.

Soft PLC adoption is expected to double between 2019 and 2025, posing an “innovator’s dilemma” for incumbent industrial automation vendors.

Actions taken by incumbents will prevent significant disruption in the near-term, but the long-term threat of soft PLCs will remain. [Read more…] about Software-based PLCs pose challenge to traditional hardware infrastructure

Indian hospital launches ‘world’s first’ fully active robotic knee replacement system

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Sakra World Hospital, one of the leading healthcare providers in Bengaluru and India’s first FDI (foreign direct investment) hospital, now boasts of the country’s first, one of a kind healthcare breakthrough – advanced robotic knee replacement technology that is set to empower the orthopaedic surgeons to plan the knee replacement days before they enter the operation theatre to actually conduct the procedure.

The “Cuvis Joint” is claimed to be “the world’s first fully active robotic knee replacement system” which is now making knee replacement surgeries “more accurate, transparent and hassle-free” in Sakra World Hospital and comes as a “bliss” for those suffering from severe arthritis, says Sakra.

Manufactured by Curexo, a South Korean firm and marketed and sold by Meril Healthcare in India and known for its unique and autonomous nature of functioning, Cuvis Joint was launched by BS Yediyurappa, Chief Minister of Karnataka and Dr Shivaraj Kumar, popular Kannada film actor. [Read more…] about Indian hospital launches ‘world’s first’ fully active robotic knee replacement system

Realtime Robotics partners with Dematic to develop ‘new capabilities’ for mixed-case palletizing

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Realtime Robotics, a developer of autonomous motion planning systems for industrial robots, has agreed a partnership with Dematic, a global intralogistics company.

The use of Realtime’s advanced multi-robot coordination and spatial perception technology paired with Dematic’s automated palletizing software will vastly improve the accuracy, cycle time and stability of mixed case palletizing cells.

In the hyper-competitive logistics space, solution providers are being challenged to reduce cost and time to deploy all while continuing to increase key productivity metrics. [Read more…] about Realtime Robotics partners with Dematic to develop ‘new capabilities’ for mixed-case palletizing

BMW enters warehouse robotics market with launch of IdealWorks

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The BMW Group is breaking new ground in the field of logistics as it founds warehouse robotics company IDEALworks – a fully-owned subsidiary headquartered in Munich. 

This marks the first time a major automotive brand is building and supplying what are often called autonomous mobile robots (AMRs) or automated guided vehicles (AGVs).

The aim is to become a leading supplier of autonomous robotics solutions in the logistics sector. The name “IDEAL” stands for Industry Driven Engineering for Autonomous Logistics. [Read more…] about BMW enters warehouse robotics market with launch of IdealWorks

Vecna Robotics launches new autonomous forklift truck

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Vecna Robotics, the autonomous mobile robot and workflow orchestration company, has launched its autonomous counterbalanced fork truck, which it describes as “a highly versatile, safe, intelligent and integrated pallet-handling solution”.

The first in the company’s Silverback Series of counterbalanced fork trucks, this next-generation autonomous mobile robot offers vertical lift of up to 72” to help distribution, warehousing, and manufacturing organizations move a wider range of payloads and pallet types, lift inventory to and from equipment, and seamlessly work alongside other materials handling vehicles and human workers to improve efficiency and throughput.

The autonomous mobile robot (AMR) segment is expected to reach $6.8 billion by 2025, according to Frost & Sullivan. [Read more…] about Vecna Robotics launches new autonomous forklift truck

Hyundai unveils mobile service robot for restaurants

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Hyundai Robotics has launched what it describes as a “food and beverage service robot” for the restaurant and catering sector.

An example of the new robot can be found in the “Genie Room” of the newly opened shabu-shabu (a popular Japanese dish) restaurant, Modern Shabu House at Gwanghwamun D Tower.

With the introduction of KT’s customized AI service, when a customer places a voice order through the Giga Genie terminal, the robot delivers food, refills, plates, water, and other items to the table. [Read more…] about Hyundai unveils mobile service robot for restaurants

Seoul Robotics launches ‘breakthrough’ perception software platform

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​Seoul Robotics​, a 3D computer vision company using AI and machine learning to power the future of mobility, has made its formal debut in the US market with the launch of its first commercial product, Discovery.

The company, which has been developing sensor agnostic perception software for 3D sensors for the past three years, provides large-scale companies, institutions, and governments with access to LiDAR solutions to support a range of functions and increase efficiency and safety.

The LiDAR market is currently on track to reach more than $3 billion by 2025, fueled over the last decade by companies focused on the development of autonomous vehicles. [Read more…] about Seoul Robotics launches ‘breakthrough’ perception software platform