Market trends and business perspectives
Universal Robots, the Danish collaborative robot company, has reported Q4 revenue of $85 million, bringing 2022 annual revenue to $326 million, up 5 percent on 2021.
On a constant currency basis, growth over the year was 12 percent.
Kim Andreasen, Universal Robots’ chief financial officer, says: “We are proud to have continued to grow our business despite facing a difficult macroeconomic environment in 2022. [Read more…] about Universal Robots reports record annual revenue of $326 million
Seaports globally have increased their automation solutions or kickstarted automation initiatives to mitigate port congestion.
Equipment like gantries, automated port gates, stacking cranes, and horizontal transport solutions, such as automated guided vehicles (AGVs) that transport containers and loads to and from ships, have been the most productivity-enhancing solutions in seaports.
According to ABI Research, a global technology intelligence firm, worldwide AGV deployments in seaports will have a compound annual growth rate of over 26 percent from 2022 to 2027 and exceed 150,000 global deployments by 2027. [Read more…] about Worldwide installations of automated guided vehicles at seaports to exceed 150,000
The global intralogistics market is expected to surge at a compound annual growth rate of 15.5 percent from 2020 to 2030, according to FactMR.com., which would provide more opportunities for automated guided vehicle and autonomous mobile robot suppliers.
The market burgeoned at a spritely rate of 14.3 percent over the last five years owing to transcendent demand for increased productivity and efficiency across industries, globally.
Moreover, commencement of industry 4.0 has comprehensively compelled industry verticals to go digital with their supply chain networks. [Read more…] about Intralogistics market forecast to grow at 15 percent a year
Sometimes described as “the workhorse of industrial automation”, a programmable logic controller, or PLC, is a computing device that is specially designed for use in an industrial operation.
A PLC can take many shapes and sizes, but in most instances it does not look like a conventional desktop computer like the ones you find in offices or in homes – a PLC has no display screen, no hard drive, and no keyboard.
PLCs started out in the automotive manufacturing trade, although they can now be found in almost all sectors, where they tend to replace relays.
Relays are devices that essentially turn machines on and off, and are said to be time-consuming and complex to use compared to PLCs. Relays also require more operational downtime when they need to be reconfigured. PLCs are estimated by one research company to reduce downtime from 20 percent to about 4 percent. [Read more…] about Top 20 programmable logic controller manufacturers
Logistics and supply chain technology startup Plus Automation has won its first robotics-as-a-service contract with Jun Co, a Japanese company with diversified interests including fashion, food and fitness products.
The company was jointly established in June 2019 and is 60 per cent owned by Mitsui, a Japanese conglomerate, and GLP Japan, said to be the largest Japanese logistics company but also has real estate and other interests.
The contract between Plus and Jun consists of a standard annual subscription together with the option to add robots when cargo volumes increase, making it “a highly convenient service package”, says Plus. [Read more…] about Plus Automation wins its first robotics-as-a-service contract
Industrial automation company B&R has been showcasing its technology for mass customisation, or “batch of one”.
The company exhibited its SuperTrak process at the metal industry event EMO, held recently in Germany.
B&R says the metal industry is not immune to the global trend away from bulk annual orders toward small-batch customer orders with short lead times. [Read more…] about B&R showcases technology for mass customisation
Škoda Auto has opened a new automotive paint shop at its main plant in Mladá Boleslav, in the Czech Republic, featuring 66 industrial robots configured for applying the paint.
Up to 168,000 car bodies will be coated with paint there each year, taking the plant’s total annual painting capacity up to 812,000 vehicles.
Škoda Auto has invested €214.5 million in the new building, creating more than 650 new jobs. (See infographic below.) [Read more…] about Škoda opens new $200 million paint shop featuring 66 robots
Mitsubishi Electric Corporation has established MELCO Elevator Lao Sole Co., Ltd. (MLAO) to accelerate its lift and escalator business growth in the highly promising Mekong regional market.
The new company, which was established by Mitsubishi Elevator (Thailand) Co., Ltd. (MET), a Mitsubishi Electric subsidiary, began operations on July 1, 2019.
The new company is expected to strengthen Mitsubishi Electric’s sales of lifts and escalators as well as related provision of high-quality maintenance services.
[Read more…] about Mitsubishi Electric launches new lift and escalator company in Laos
President Barack Obama says robots can help the US grow its economy by leading to higher total factor productivity (TFP) in the future.
The president made his remarks in his annual economic report to the Houses of Congress. Extracts from President Obama’s report:
“One area of innovation that can help the United States to boost TFP growth in the future is robotics. [Read more…] about Obama to leave the future of the US in the hands of robots
