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billion

Kuka receives ‘record orders’ in first six months of year

August 9, 2022 by David Edwards Leave a Comment

Kuka, one of the world’s largest manufacturers of industrial robots, says it has achieved “record orders” in the first six months of 2022.

At €2,545.4 million, the value of Kuka Group’s orders received in the first half of the year was 34.8 percent higher than in the previous year, and sales revenues increased by 13.5 percent to around €1.7 billion.

In addition, Kuka improved earnings before interest and taxes (EBIT) to €48.6 million (H1/21: €33.8 million). The EBIT margin increased to 2.8 percent in the first half-year 2022. [Read more…] about Kuka receives ‘record orders’ in first six months of year

Filed Under: Industrial robots, News Tagged With: automation, billion, conditions, costs, difficult, ebit, global, half, half-year, help, increased, kuka, mohnen, months, orders, percent, production, products, received, revenues, robots, software, solutions, year

Veo Robotics named in CB Insights’ advanced manufacturing top 50

July 28, 2022 by David Edwards Leave a Comment

Business research website CB Insights has named Veo Robotics, the Waltham-based industrial automation company building sensing and intelligence for robots to collaborate with humans safely, to its first-annual Advanced Manufacturing 50 ranking, showcasing the 50 most promising private advanced manufacturing companies in the world.

Founded by Patrick Sobalvarro, Clara Vu, and Scott Denenberg, Veo has pioneered the creation of software and hardware that allow for fluid, efficient, and flexible production lines within manufacturing facilities.

Also making the list within the robotics and collaborative robots category were Rokae, Novarc Technologies, Linkwiz, Exotic, and Locus Robotics. [Read more…] about Veo Robotics named in CB Insights’ advanced manufacturing top 50

Filed Under: Industrial robots, News Tagged With: advanced, billion, cb, cohort, collaboration, companies, deals, equity, facilities, including, industrial, insights, intelligence, list, manufacturers, manufacturing, product, raised, robot, robotics, robots, safety, team, veo, year

Global semiconductor equipment sales grow 5 percent to $25 billion

July 25, 2022 by David Edwards Leave a Comment

Global semiconductor equipment billings grew 5 percent year-over-year to $24.7 billion in the first quarter of 2022, according industry association SEMI.

The figures were revealed in SEMI’s Worldwide Semiconductor Equipment Market Statistics Report. Quarter-over-quarter billings in the seasonally soft first quarter declined 10 percent.

Ajit Manocha, SEMI president and CEO, says: “Year-over-year first quarter equipment revenue growth is in sync with positive forecasts for 2022 as the semiconductor industry continues its robust increase of fab capacity. North America and Europe logged healthy quarter-over-quarter rises in equipment spending as they intensify efforts to bolster domestic chipmaking.” [Read more…] about Global semiconductor equipment sales grow 5 percent to $25 billion

Filed Under: Manufacturing, News Tagged With: association, billings, billion, data, equipment, figures, global, industry, market, percent, quarter, quarter-over-quarter, report, semi, semiconductor, worldwide, year-over-year

Key VPN Statistics: What Are the Numbers Telling Us?

July 21, 2022 by David Edwards Leave a Comment

All over the world, individuals use virtual private networks (VPNs) to secure their connections to the internet. The encryption protects your activity from prying eyes, allowing you to browse the web with greater anonymity.

Furthermore, a VPN may replace your actual IP address with one from another region, allowing you to access material that would otherwise be. [Read more…] about Key VPN Statistics: What Are the Numbers Telling Us?

Filed Under: Business Tagged With: access, accessing, billion, blocked, content, global, internet, online, people, percent, privacy, security, users, vpn

Global semiconductor equipment sales to reach $118 billion

July 16, 2022 by David Edwards Leave a Comment

Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach a record $117.5 billion in 2022, rising 14.7 percent from the previous industry high of $102.5 billion in 2021, and increase to $120.8 billion in 2023, SEMI reports in its Mid-Year Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON West 2022 Hybrid.

Both the front-end and back-end semiconductor equipment segments are contributing to the market expansion. The wafer fab equipment segment, which includes wafer processing, fab facilities, and mask/reticle equipment, is projected to expand 15.4% to a new industry record of $101 billion in 2022, followed by a 3.2 percent increase to $104.3 billion in 2023.

Ajit Manocha, president and CEO of SEMI, says: “In line with the semiconductor industry’s determined push to increase and upgrade capacity, the wafer fab equipment segment is poised to reach the $100 billion milestone for the first time in 2022. [Read more…] about Global semiconductor equipment sales to reach $118 billion

Filed Under: Manufacturing, News Tagged With: billion, equipment, expected, percent, segment, semiconductor

German robotics and automation sector experiencing ‘booming demand’

June 22, 2022 by David Edwards Leave a Comment

The robotics and automation industry in Germany is benefiting from a boom in demand, according to industry association VDMA.

In the first four months of 2022, order intake increased by 38 percent year-on-year. The dynamic market development had already been noticeable with the results for 2021, in which industry turnover rose by 13 percent – more than expected.

Frank Konrad, chairman of the VDMA Robotics + Automation Association, says: “The robotics and automation industry is booming. [Read more…] about German robotics and automation sector experiencing ‘booming demand’

Filed Under: Business, Features Tagged With: automation, billion, companies, expected, industry, percent, robotics, sales, shortage, solutions, vdma

Global spending on semiconductor fabrication equipment expected to reach record $109 billion

June 18, 2022 by David Edwards Leave a Comment

Global fab equipment spending for front-end facilities is expected to increase 20 percent year-over-year to an all-time high of $109 billion in 2022, marking a third consecutive year of growth following a 42 percent surge in 2021.

This is according to industry association SEMI, which published the figure in its latest quarterly World Fab Forecast report. Fab equipment investment in 2023 is expected to remain strong.

Ajit Manocha, president and CEO of SEMI, says: “The global semiconductor equipment industry remains on track to cross the $100 billion threshold for the first time as shown in our latest update of the World Fab Forecast. [Read more…] about Global spending on semiconductor fabrication equipment expected to reach record $109 billion

Filed Under: Manufacturing, News Tagged With: billion, capacity, equipment, expected, fab, forecast, growth, industry, percent, spending, year, yoy

Industrial robot costs to drop by half in the next three years

May 12, 2022 by David Edwards Leave a Comment

Karthee Madasamy, founder and managing partner at MFV Partners

According to ARK Invest research, industrial robot costs will drop by 50-60 percent by 2025. This dramatic drop in costs, combined with other factors such as the global pandemic’s acceleration of industries embracing automation, has resulted in a situation where interest in robotics has reached a fever pitch.

In fact, in the first year of the pandemic venture firms poured $6.3 billion into robotics companies, up nearly 50 percent from the $4.3 billion they invested over the same period a year earlier.

Further, in North America, industrial robot sales had their strongest year ever in 2021. With this activity it’s not surprising that the global market is forecasted to reach $31 billion by 2028. [Read more…] about Industrial robot costs to drop by half in the next three years

Filed Under: Features, Industrial robots Tagged With: amazon, billion, challenges, companies, costs, demand, global, jobs, labor, manufacturing, percent, robotics, robots, supply, today, workforce, year

Global semiconductor manufacturing equipment sales surge 44 percent to record $103 billion

April 16, 2022 by David Edwards Leave a Comment

Worldwide sales of semiconductor manufacturing equipment in 2021 surged 44 percent to an all-time record of $102.6 billion from $71.2 billion in 2020, SEMI, the industry association representing the global electronics product design and manufacturing supply chain, reported.

The data is now available in SEMI’s Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.

China claimed the largest market for semiconductor equipment for the second time with sales expanding 58 percent to $29.6 billion to mark the fourth consecutive year of growth. [Read more…] about Global semiconductor manufacturing equipment sales surge 44 percent to record $103 billion

Filed Under: Manufacturing, News Tagged With: billion, equipment, global, growth, increase, industry, manufacturing, market, percent, sales, semi, semiconductor, wafer, worldwide

7 Robotics Trends to Watch for in 2022

April 11, 2022 by David Edwards Leave a Comment

There was a 10 percent global increase in industrial robot usage to over 3 million units in operation in 2020, caused by the pandemic.

At the same time, there was an overall 12 percent market increase for service robots to $6.7 billion with the market for cleaning robots increased by 92 percent.

Since the pandemic is still there as well as there are new global factors, such as the war in Ukraine, we wonder if these trends will continue in 2022. [Read more…] about 7 Robotics Trends to Watch for in 2022

Filed Under: Robotics Tagged With: billion, companies, delivery, expect, growth, industry, market, pandemic, percent, robot, robotics, robots

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