Market trends and business perspectives
Swisslog, a warehouse automation company, has received a major order from Ikea Supply in Malaysia.
The contract is valued at approximately €43 million.
The project comprises of 215,000 pallet locations of clad-rack, 21 warehouse pallet stacker cranes Vectura, the pallet conveyor system ProMove, the electric Monorail System and the core of the system, the Swisslog software SynQ.
[Read more…] about Swisslog wins major order from Ikea in MalaysiaOnRobot, the Danish end-of-arm tooling specialist, is opening regional headquarters in Singapore.
OnRobot says it will closely focus on the growing demand of end-of-arm-tooling (EOAT) in robotics automation in Southeast Asia.
OnRobot specializes in EOAT for collaborative applications, where machines and humans come together to automate, for faster and cost-effective production. [Read more…] about OnRobot opens Singapore office for its robot end-of-arm tools
Ekso Bionics, Inc. is to establish a joint venture to develop and serve the exoskeleton market in China and other Asian markets and to create a global exoskeleton manufacturing centre.
It will partner with Zhejiang Youchuang Venture Capital Investment Co., Ltd (ZYVC) and Zhejiang Silicon Paradise Asset Management Group.
The joint venture will develop, sell and support exoskeleton products into China, Hong Kong, Singapore, and Malaysia, and will be capitalized at greater than $100 million over its term.
[Read more…] about Ekso Bionics in $100 million joint venture to develop the exoskeleton market in AsiaSwisslog has been commissioned to carry out the comprehensive automation of the Coop warehouse in Langhus.
The delivery includes a high-bay pallet warehouse with six Vectura stacker cranes and a conveyor system, which are controlled by the intelligent Swisslog software SynQ.
The new distribution centre will be in full operation at the beginning of 2021.
[Read more…] about Swisslog wins two large orders in Scandinavia and Southeast AsiaMitsubishi Electric Asia’s Factory Automation Division partners with emerging industrial internet of things innovators in first e-F@ctory Alliance in Singapore
Mitsubishi Electric Asia, a subsidiary of Mitsubishi Electric Corporation, a manufacturer of electric and electronic equipment, is collaborating with partners and experts to form the first strategic partnership in Singapore, e-F@ctory Alliance.
The alliance is intended to help companies embark on a journey towards developing the internet of things and digital transformation.
Hosted by the Factory Automation division of Mitsubishi Electric Asia, the Alliance saw more than 20 companies present at the inaugural ceremony held at Shangri-La Hotel this afternoon, including Advantech, Hitachi Asia, Oracle and Sato Asia Pacific, among others. [Read more…] about Mitsubishi Electric hosts its first ‘e-F@ctory Alliance’ in Singapore
GreyOrange Robotics says it is installing advanced sorters across Asia, from Saudi Arabia to the Philippines, ahead of world’s busiest shopping days.
New installations of sortation systems in Riyadh, Mumbai and Manila to manage large surge in volumes for Singles Day, Black Friday and Cyber Monday.
GreyOrange, a specialist robotics and warehouse automation company, plans the installations of its newest Linear Sorters in several locations across Asia; in Saudi Arabia, India and the Philippines. [Read more…] about GreyOrange to install ‘advanced’ sorters across Asia in anticipation of world’s busiest shopping days
A huge amount has been written already about the so-called Belt and Road initiative or project, but it looks like this is just the beginning.
On the face of it, the Belt and Road refers to a plan to create a logistics network that brings together Europe and Asia with road, rail, and sea routes.
It’s an idea China came up with, and its leaders have made enthusiastic pronouncements about it, even though the project will cost an estimated $1 trillion over the next decade or two. But it’s an open-ended, complex project, so such estimates could just be Communist Chinese propaganda. [Read more…] about Belt & Road: Much more than a revival of the ancient Silk Road
The global robot population is growing at what some might say is an alarming rate.
As well as the countless millions already tucked away in factories and homes everywhere, there could be another 2 million added to that number by the end of the decade, which may or may not coincide with the end of humanity’s control over the planet and a ceremonial transfer of power to the robots and artificial intelligence.
Purely ceremonial, since some people say they already rule over us anyway. [Read more…] about By 2020, 1.7 million new robots will be roaming the earth
By Henning Gloystein and Vera Eckert, Reuters
Investors are increasingly excited about the prospects for much faster growth in the solar power industry in Southeast Asia, which has until now been a backwater for renewable energy.
They say that the region is in a perfect position to benefit from rapidly declining prices in solar panels. It has strong economic growth, relatively high costs of electricity and a shortage from traditional sources, undeveloped infrastructure in more remote areas, plenty of sunshine, and backing for more renewable energy from many of Southeast Asia’s governments.
“Dramatically falling costs for solar energy technologies means businesses and governments are choosing renewable energy not for environmental reasons but for economic ones,” said Roberto De Vido, spokesman for Singapore-based Equis, one of Asia’s biggest green energy-focused investment firms with $2.7 billion in committed capital. “It simply makes good business sense. And that’s a trend that’s not going to change.” [Read more…] about Solar power revolution ‘unavoidable’ in Asia, says industry expert
