Robotics & Automation News

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Microsurgery robot market set to reach $2 billion by 2026

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The microsurgery robot market is projected to attain “remarkable revenue growth” in view of rapid technological advancements in the field of medical science, according to a recent study by market research firm Global Market Insights.

The analyst forecasts that the microsurgery robot market will reach $2 billion by 2026.

Growing inclination towards creating innovative microsurgery devices that are capable of undertaking complex surgeries could massively enhance the product demand in the future. [Read more…] about Microsurgery robot market set to reach $2 billion by 2026

Mecademic reports ‘increasing demand’ for its tiny robots

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Mecademic says it is seeing “increasing demand” for its tiny robots. The company has unveiled a redesigned website partly to reflect the changes in its business.

The Canadian company says the redesign “marks a major leap forward into the international robotics industry”, propelling Mecademic on its mission to facilitate automation for increasingly more industrial companies, research facilities, and manufacturers around the world.

Ilian Bonev, co-founder at Mecademic and world-renowned robotics precision expert, says: “Our new website provides a holistic library of never-before-seen robotics resources to help users start automating quickly, easily, and at lower costs. [Read more…] about Mecademic reports ‘increasing demand’ for its tiny robots

Global food and beverage robotic systems integration market for pick and place application to surpass $40 million by 2025

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The global food and beverage robotic system integration market for pick and place application was estimated at $17.5 million in 2017 and is projected to reach $40.1 million by 2025, according to a new market study published by Coherent Market Insights.

The North America market is projected to reach $11.12 million by 2025 with a compound annual growth rate of 11.02 percent. Increasing demand for robotics for application in various industries has become one of the key factors for growth of this market.

According to Robotic Industries Association, in 2015, a total of 31,464 robots valued at $1.8 billion were ordered by North American companies of different industries, an increase of 14 percent in units and 11 percent in revenue over previous year. [Read more…] about Global food and beverage robotic systems integration market for pick and place application to surpass $40 million by 2025

Seegrid doubles revenues and sees ‘record adoption’ of its autonomous mobile robots

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Seegrid, a provider of autonomous mobile robots for material handling, says it doubled revenue year-over-year for the second year in a row.

Seegrid says its growth reflects increased demand from manufacturing, e-commerce, and logistics companies for automation solutions to address rising pressures on the supply chain, which were exacerbated by the Covid-19 pandemic and ever-evolving consumer demands.

Jim Rock, Seegrid’s CEO, says: “The incredible growth we recorded last year is a testament to our collective ability to adapt to changing environments – something that our customers can uniquely do when using our automation solutions. [Read more…] about Seegrid doubles revenues and sees ‘record adoption’ of its autonomous mobile robots

What Barriers Still Impede Electric Vehicles?

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Electric vehicles have been with us for a long time.

It’s only recently that they’re being touted as a serious replacement for the internal combustion engine and a (partial) answer to our climate crisis.

The UK government says that it’ll ban the sale of petrol and diesel vehicles by 2030 – and you can reasonably expect any Labour government to be at least as ambitious, given their slightly greener voter-base.

By then, electric cars will need to be fairly ubiquitous. So what’s stopping this from happening right now? [Read more…] about What Barriers Still Impede Electric Vehicles?

Robotics market sees accelerated growth amid e-commerce boom

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By Steve Richmond, director of logistics systems, Jungheinrich

New use cases for robotics are being identified almost daily. The rapid growth of e-commerce, fuelled in part by necessity from Covid-19 lockdowns, has meant that for many organisations, the requirements for staff and goods is growing at a rate too fast to meet demand – the need for automation is now greater than ever.

With technology advancing rapidly, almost anything can now be automated. And with intelligent navigation and precise picking technology, even items of an odd size, shape or material can be handled by robots.

As this technology becomes increasingly more sophisticated, enabling robots to perform roles with accuracy, consistency and safety front of mind, this has also advanced the ability for robots to communicate with other robots around the facility. [Read more…] about Robotics market sees accelerated growth amid e-commerce boom

Swisslog partners with retail chain H-E-B to build automated micro-fulfillment centers

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Swisslog, a warehouse automation company, has partnered with H-E-B in San Antonio, Texas to support the company’s growing demand for online fulfillment.

H-E-B says demand for its online grocery services is continuing to accelerate.

Swisslog is working with H-E-B to build a number of automated micro-fulfillment centers to support the chain’s curbside pick-up and delivery business. [Read more…] about Swisslog partners with retail chain H-E-B to build automated micro-fulfillment centers

Delivery vehicles moving to electric ecosystem

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The unlikely convergence of a global pandemic and electric vehicle technology is driving delivery fleets to adopt electric vehicles at ever increasing rates.

The coronavirus pandemic has reportedly caused a huge spike in package delivery. According to CNBC.com, UPS for instance, delivered up to 21.1 million packages a day in the second quarter of 2020, a nearly 23 percent jump in average daily US volume from a year earlier.

Electric Vehicle Outlook 2020, published by BloombergNEF, states that there are over 500,000 e-buses and almost 400,000 electric delivery vans and trucks on the road globally. [Read more…] about Delivery vehicles moving to electric ecosystem

Carbon fiber reinforced plastics market set to grow to $64 billion by 2030

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Carbon fiber reinforced polymers (CFRPs) are a critical class of performance materials, but disruptions from Covid-19 have made the future of the industry uncertain.

In a new report, The Future of Carbon Fiber Composites, Lux Research outlines major challenges and opportunities carbon fibers and CFRPs face and how standardization and recycling are enabling the CFRP market to grow to a $64 billion industry by 2030.

The carbon fiber industry is facing three major challenges: weakness in underlying markets, fiber standardization, and recycling. [Read more…] about Carbon fiber reinforced plastics market set to grow to $64 billion by 2030

Robotic and Automation News Review: ABB, Mitsubishi, Fanuc, Baidu, Nvidia and much more…

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Robotics and Automation News Review Friday 18 September 2020

This is a new, weekly column which rounds up all the most interesting news from the robotics and automation industry in the past seven days, in brief form.

This Robotics and Automation News Review is also available to view on our YouTube channel. (See video embedded below.)

Please support our website by subscribing to our YouTube channel, by sharing the stories we publish on your social media pages, and by purchasing premium subscriptions to RoboticsAndAutomationNews.com, as well as through corporate sponsorships and advertising.

[Read more…] about Robotic and Automation News Review: ABB, Mitsubishi, Fanuc, Baidu, Nvidia and much more…

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