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Coronavirus expected to cut industrial robot revenue by more than 8 per cent this year

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By Maya Xiao of Interact Analysis

The coronavirus pandemic which has devastated economies worldwide is expected to reduce revenues in the industrial robot market by more than 8 per cent, according to a study by Interact Analysis.

“After a weak 2019, we originally expected the 2020 robot market to recover strongly, but Covid-19 changed the market revenue growth forecast from 4.8 percent to -3.6 percent,” writes Maya Xiao, automation market expert at Interact Analysis.

Global industrial robot shipments experienced negative growth for four consecutive quarters from mid-2018, she says. At the end of 2019, recovery signs appeared, and the mid-term growth rate turned positive. This turnaround happened in the context of a continued slowdown in general global manufacturing activity, which led to weak spending on machinery and automation equipment. [Read more…] about Coronavirus expected to cut industrial robot revenue by more than 8 per cent this year

Top 10 robotic video camera systems: Shenyang supplies robotic camera operator to Chinese TV station

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Shenyang Xinsong Robot Automation has built and supplied a robotic camera operator to a Chinese television station.

The robotic system, which appears to integrate a mobile robot with an industrial robotic arm, was used to film a stage performance in Shenyang Radio and TV Station studios.

Both the robotic arm and the mobile robot seem to have been supplied by Siasun, also known as Shenyang Xinsong Robot Automation, one of the leading industrial robot makers in China. [Read more…] about Top 10 robotic video camera systems: Shenyang supplies robotic camera operator to Chinese TV station

inVia Robotics expands into Asia with Kantsu implementation

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Kantsu has selected inVia Robotics, a provider of warehouse automation solutions, to supply autonomous mobile robots that automate fulfillment operations in its primary distribution center in Osaka, Japan.

inVia’s modular automation system, which includes a fleet of 200 autonomous mobile robots and AI-driven software, will modernize Kantsu’s e-commerce fulfillment process.

It will automate the picking process and allow warehouse workers to sort at rates of 800-900 units per hour per person, says inVia. [Read more…] about inVia Robotics expands into Asia with Kantsu implementation

Dematic’s parent company Kion acquires another logistics automation company

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Intralogistics technology provider Dematic says that its parent company, Kion Group, has completed the acquisition of Digital Applications International, a UK-based software company specializing in logistics automation solutions, on its behalf.

Valued at around €120 million, the transaction is Kion’s largest investment since acquiring Dematic in 2016.

The addition of DAI significantly expands Dematic’s intralogistics software offerings to support the movement, storage and distribution of goods through the entire supply chain. [Read more…] about Dematic’s parent company Kion acquires another logistics automation company

Softing Industrial Automation joins Endress+Hauser’s IIoT network

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Softing Industrial Automation has joined the “Open Integration” network set up by Endress+Hauser, which says its partner program is gaining importance through its IIoT solutions.

Endress says people in the industry often ask, “How can field instruments and components be easily integrated into automation systems?”

The answer to this question is becoming increasingly important as industrial production digitalization progresses, says the company. [Read more…] about Softing Industrial Automation joins Endress+Hauser’s IIoT network

Delta acquires industrial automation software company Trihedral

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Delta Electronics is to acquire 100 percent of the shares of Trihedral Engineering, a Canadian SCADA and IIoT software company, for more than $33 million.

The acquisition will unite Delta’s hardware and Trihedral’s software in the rapidly growing field of automation, AI, and data analytics.

Delta says the initiative will further strengthen its sales expansion in various fields such as industrial automation for smart manufacturing. [Read more…] about Delta acquires industrial automation software company Trihedral

How automation can help fast track a vaccine

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When there’s a Covid-19 vaccine, we’ll all want one fast. Here’s how Honeywell says digital tools can help speed up the process…

The coronavirus pandemic has demonstrated the need to develop a vaccine as quickly as possible.

The typical vaccine development and production process depends on how the vaccine is created, with the manufacturing process taking anywhere from several days to several weeks for a single batch.

As the coronavirus spreads around the world, the urgency of being able to scale up a vaccine is even more critical. [Read more…] about How automation can help fast track a vaccine

Automation is the ‘obvious answer’ to coronavirus disruption to e-grocery supply chain, says Swisslog

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Higher levels of automation is the “obvious answer” to the challenges brought about by the disruption to the e-grocery supply chain, according to warehouse robots maker Swisslog.

The company says Covid-19 is “accelerating changes to e-grocery fulfillment”.

After years of relatively stagnant demand, e-grocery services started to ramp up in 2019 and analysts were predicting significant growth in 2020. [Read more…] about Automation is the ‘obvious answer’ to coronavirus disruption to e-grocery supply chain, says Swisslog

MassRobotics agrees strategic partnership with Thomas H. Lee Partners

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MassRobotics has agreed a strategic partnership with private equity company Thomas H. Lee Partners.

The partnership aims to bring together their extensive market knowledge, expertise, and networks to advance the scaling of automation-related businesses across robotics and artificial intelligence startups.

Based in the Boston area, MassRobotics is one of the first and largest robotics startups escalator in the world. [Read more…] about MassRobotics agrees strategic partnership with Thomas H. Lee Partners

Locus Robotics raises $40 million in new Investment to bring total to $105 million

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Locus Robotics, a manufacturer of autonomous mobile robots for fulfillment warehouses, has raised more than $40 million in new investment.

The Series D funding was led by Zebra Ventures, the strategic investment arm of Zebra Technologies. Existing investors, including Scale Venture Partners, also participated in the round.

The new funding brings Locus Robotics’ total funding to more than $105 million. [Read more…] about Locus Robotics raises $40 million in new Investment to bring total to $105 million