Robotics & Automation News

Market trends and business perspectives

adoption

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

Seegrid doubles revenues and sees ‘record adoption’ of its autonomous mobile robots

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Seegrid, a provider of autonomous mobile robots for material handling, says it doubled revenue year-over-year for the second year in a row.

Seegrid says its growth reflects increased demand from manufacturing, e-commerce, and logistics companies for automation solutions to address rising pressures on the supply chain, which were exacerbated by the Covid-19 pandemic and ever-evolving consumer demands.

Jim Rock, Seegrid’s CEO, says: “The incredible growth we recorded last year is a testament to our collective ability to adapt to changing environments – something that our customers can uniquely do when using our automation solutions. [Read more…] about Seegrid doubles revenues and sees ‘record adoption’ of its autonomous mobile robots

MIT releases three new reports related to robotics and manufacturing

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The Massachusetts Institute of Technology has released three new research briefs today from MIT professors and members of the Work of the Future Task Force focused on tech adoption in manufacturing and subsequent workforce impacts.

The briefs break down the adoption of new technologies by US manufacturers as well as the development of new transformative manufacturing technologies: additive manufacturing and industrial robotics.

Specifically, the briefs hone in on three subjects, as listed below. [Read more…] about MIT releases three new reports related to robotics and manufacturing

OnRobot launches new gripper for demanding applications

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OnRobot has launched a new gripper for demanding applications.

OnRobot’s cleanroom-ready, IP67-certified, collaborative 2FG7 parallel gripper is the latest addition to OnRobot’s range of all-electric gripper products.

OnRobot describes the 2FG7 as “a complete, low cost, easy to use, out-of-the-box, cleanroom-ready parallel gripper”. [Read more…] about OnRobot launches new gripper for demanding applications

ForwardX Robotics launches robots-as-a-service for its warehouse automation solutions

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ForwardX Robotics, a provider of artificial intelligence and robotics solutions, says it will now offer Robots-as-a-Service (RaaS) options for its collaborative mobile robots.

Whilst also offering outright sale and renting options, the RaaS subscription-based model aims to encourage supply chain operations to invest in innovation by allowing them to upgrade their facilities without the large upfront investment usually associated with automation projects.

Paul Qian, VP of sales at ForwardX Robotics, says: “The pressure on supply chains to deliver is growing with every day that passes and we know how much of an impact our solutions can have on facilities and their processes. [Read more…] about ForwardX Robotics launches robots-as-a-service for its warehouse automation solutions

Coronavirus pandemic causing grocers to invest in robotics, says report

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The coronavirus pandemic is causing grocers to invest more in robotics, according to a study published by the Retail Analytics Council ahead of the Retail Robotics and AI Conference.

The RAC retail robotics research report, Emerging Trends in Retail Robotics, says the Covid-19 outbreak gives grocers an additional reason to use robots in retail – “to assist with customer and employee safety”.

However, the industry was already expanding its use of robots, notes the RAC in its report. [Read more…] about Coronavirus pandemic causing grocers to invest in robotics, says report

Smart factory market to grow to $155 billion by 2025

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The global smart factory market is set to grow from its current market value of more than $75 billion in 2018 to $155 billion by 2025, according to a new research report by Global Market Insights.

The increasing adoption of technology has driven the demand for smart industrial solutions to save operational and labor costs, and is driving smart factory market.

Digitally advanced factories have been manufacturing industrial robots that are replacing human laborers in several operations with the help of evolutionary technologies like big data, artificial intelligence, analytics and internet of things. [Read more…] about Smart factory market to grow to $155 billion by 2025

TypingDNA Aims to Increase the Adoption of Behavioral Biometrics Worldwide

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Behavioral biometrics company TypingDNA has announced a successful funding round, capping at $7,000,000.

TypingDNA was founded in Romania in 2016. Since 2018 they have a branch in New York and have raised around $8.8 million to date. Google’s AI-focused venture fund, Gradient Ventures, and EU-based fund GapMinde led the latest funding round.

With their funding secured, TypingDNA hopes to expand the adoption of behavioral biometrics worldwide. They will start by increasing the number of platforms their API can integrate with. [Read more…] about TypingDNA Aims to Increase the Adoption of Behavioral Biometrics Worldwide

Universal Robots ‘future-proofs’ production processes at Vietnamese manufacturer with collaborative robots

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Universal Robots has helped Vietnam-based Vinacomin Motor Industry Joint Stock Company “future-proof” its production processes with collaborative robots.

VMIC is a subsidiary of the Vinacomin Group, a state-owned coal and mining giant.

VMIC, one of the first state-owned manufacturers to deploy cobots, has seen productivity increase two to three times, with improved product quality, leading to a 50 to 60 percent rise in orders. [Read more…] about Universal Robots ‘future-proofs’ production processes at Vietnamese manufacturer with collaborative robots

Smart homes to drive consumer robotics demand to 39 million shipments a year by 2024

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Smart homes are predicted to drive the demand for consumer robotics to 39 million shipments a year by 2024, according to analysis by ABI Research.

But a “disconnect between smart home and home robotics offerings has been a factor limiting home robotics adoption”. says ABI.

Pricing, availability, and consumer awareness have been factors too, but a new study finds that robot vendors increasingly see value in supporting the integration of their devices into smart home functionality. [Read more…] about Smart homes to drive consumer robotics demand to 39 million shipments a year by 2024

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