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The rise of the robot: Investing in disruptive automation

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MarketNewsUpdates.com news commentary

The robots are coming, whether we are ready or not and the trend is clear: robots will increasingly integrate into our society – at work, at home, in warehouses, hospitals and retail stores, on city streets, industrial parks and the footpaths of college campuses.

As these increasingly versatile machines start to roll out or walk out of the laboratories, the global robotics and automation market is forecasted to grow from $64 billion to $1.2 trillion in the next 10 years.  [Read more…] about The rise of the robot: Investing in disruptive automation

Hannover Messe: An überwhelming experience

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This is the second time I have been to Hannover Messe and I thought I was better prepared for what is probably the largest industrial technology show in the world.

But even though I had a lot of ideas of what to cover, it turns out that Hannover Messe has many more ideas than I brought with me and has overwhelmed me again.

The basic numbers about the show are impressive enough — close to a quarter of a million visitors over the five days the show lasts in the German city of Hannover. [Read more…] about Hannover Messe: An überwhelming experience

OECD says automation will end 14 per cent of jobs

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The Organisation for Economic Cooperation and Development, which counts all leading countries as members, says automation technology will affect 14 per cent of jobs. 

Some might say this is quite a significant number of people, while others might argue this is an under-estimate.

In its report, The Future of Work, the OECD says: “The future of work offers unparalleled opportunities, but there are also significant challenges associated with these mega-trends.”  [Read more…] about OECD says automation will end 14 per cent of jobs

Business forecasts for robotics and automation industries

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Prediction is a tricky business, but with good-quality historical data, one should be able to make reasonably accurate forecasts about what the next few years have in store. 

Here are a few of the reports which analyse the robotics and automation market as well as related markets to provide insights which may help you plan your business.

Global Industrial Robot Vision Systems Market 2017-2021
A newly emerging market which currently probably does not offer a whole lot of statistics, but it’s certainly set for growth judging by the increasing demand for robotic vision systems.
Researcher: Technavio
Report price: $2,500

Global Robotic Tool Changers Market 2017 – Production, Sales, Supply, Demand, Analysis & Forecast to 2021
An overview of the global market for robotic tool changers, this report also takes a close look at the leading companies in the market as well as some of the key technologies.
Researcher: MRS Research Group
Report price: $2,900

Industrial Robot Servo Motor Market 2017-2022 Share, Growth, Market Dynamics, Key Manufacturers, Economic Impact and Forecast
The entire industrial robotics sector grew out of the servo motor, apparently, so this is a key market and technology. This report looks at the opportunities in the market and outlines the factors that are, and will be, driving future growth.
Researcher: Absolute Reports
Report price: $3,000

Automotive Robotics Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2025
The global market for automotive robots is continuing to grow, even though the automotive trade is already the largest buyer of industrial robots. This report looks at the type of robots the automotive industry uses and looks at the leading robot suppliers.
Researcher: Transparency Market Research
Report price: $5,200

Industrial Automation Market Research Report – Forecast 2022
Industrial automation is a large area set for tremendous growth going forward, with many more smart factories using industrial internet of things networks. This report looks at a variety of markets and technologies.
Researcher: Market Research Future
Report price: $4,450

 

Robotics and automation to replace 800 million human workers by 2030, says new report

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The global effects of robotics and automation technologies is forecast to include the removal of as many as 800 million people from their jobs by 2030, according to a new report. Seventy million of them will be in the US. 

McKinsey, the consultancy firm which conducted the research, says the development of automation technologies is “sparked much public concern”.

In its report, Jobs Lost, Jobs Gained: Workforce Transitions in a Time of Automation, McKinsey Global Institute says that, while automation is not a new phenomenon and fears surrounding its effects date back centuries, the situation seems different now.  [Read more…] about Robotics and automation to replace 800 million human workers by 2030, says new report

Yaskawa Electric reports stunning 150 per cent more profits with robotics and automation leading the way

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Yaskawa Electric says it has achieved a staggering 150 per cent growth in net profit for the period from April to September, compared with the same period last year, according to a report on Nikkei. 

Nikkei says Yaskawa’s profits for the period were $184 million, beating its own previous records.

Yaskawa, which also owns the Motoman brand of industrial robot, says most of the growth was due to increased orders for automation equipment from China, Japan and the US.  [Read more…] about Yaskawa Electric reports stunning 150 per cent more profits with robotics and automation leading the way

NTT Data and Automation Anywhere partner to offer digital workforce platform

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NTT Data Services has expanded agreement with Automation Anywhere to include its robotic process automation, cognitive and analytics solutions in NTT Data’s end-to-end automation ecosystem, Solutions for Intelligent Automation.

By leveraging advanced analytics and machine learning, NTT Data delivers and maintains automation solutions to allow humans, autonomics, and virtual assistants to automate repetitive tasks and fuel enterprise innovation and business growth. 

Dan Thomas, vice president of automation, integration and alliances, NTT Data Services, says: “Our expanded collaboration with Automation Anywhere adds to our robust portfolio of robotic process automation related services and outcome-driven solutions for our clients.  [Read more…] about NTT Data and Automation Anywhere partner to offer digital workforce platform

B&R to present condition monitoring solution at Agritechnica

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Automation company B&R is planning to showcase its condition monitoring solution for mobile automation, designed specifically for the agricultural sector.

B&R will be presenting the solution at this year’s Agritechnica exhibition – scheduled for November 12-18 in Hanover. B&R will be in hall A05, at booth 15.

Visitors will be able to see how advanced automation solutions can be implemented based on a comprehensive hardware portfolio, ready-made software components and a powerful engineering tool, says B&R.  [Read more…] about B&R to present condition monitoring solution at Agritechnica

Yaskawa partners with CommScope on advanced manufacturing technology centre in Belgium

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CommScope, a provider of infrastructure solutions for communications networks, has opened a new advanced manufacturing technology centre at its Kessel Lo, Belgium site.

The centre will showcase a newly formed partnership with Yaskawa, one of the world’s largest industrial robot suppliers, to determine the feasibility of adding robot technology and greater automation to manufacturing processes.

The new Advanced Manufacturing Technology centre enables CommScope to develop automated manufacturing competencies and technology in a laboratory setting through cross-functional collaboration and partnerships with universities, knowledge partners and suppliers.  [Read more…] about Yaskawa partners with CommScope on advanced manufacturing technology centre in Belgium

Interview with Ubuntu boss: A rich ecosystem for robotics and automation systems

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Exclusive interview with Mike Bell from Canonical, the company behind Ubuntu

There’s a lot of talk about the Robot Operating System. Understandably so. But the most widely used operating system in robotics and automation systems development is actually Ubuntu. 

In fact, ROS is not actually an operating system at all – it’s a set of software frameworks, or a software development kit, to be installed into an operating system like Ubuntu.

As Mike Bell, executive vice president of internet of things and devices at Canonical, explains in an exclusive interview: “It’s a bit confusing because it’s called Robot Operating System, but the reason is because if you’re developing robot applications, you don’t need to worry about the fact that it’s running on Ubuntu.

“You just write your application to interface into a ROS SDK and then deploy on Ubuntu.”  [Read more…] about Interview with Ubuntu boss: A rich ecosystem for robotics and automation systems