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

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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

Spending on semiconductor fabrication equipment expected to reach record $107 billion in 2022

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Global fab equipment spending for front-end facilities is expected to jump 18 percent year-over-year to an all-time high of $107 billion in 2022, marking a third consecutive year of growth following a 42 percent surge in 2021, according to a report by industry association SEMI.

Ajit Manocha, president and CEO of SEMI, says: “Crossing the $100 billion mark in spending on global fab equipment for the first time is a historic ​milestone for the semiconductor industry.

“This ​significant achievement is a tribute to the relentless drive to add and upgrade capacity to address a diverse range of markets and emerging applications, solidifying expectations for long-term industry growth to enable electronics for the digital world.” [Read more…] about Spending on semiconductor fabrication equipment expected to reach record $107 billion in 2022

Almost 50,000 robots expected to be shipped to warehouses by 2026

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More than 47,000 collaborative robots are expected to be shipped to warehouses by 2026, according to ABI Research, which included the estimate in its report, 38 Technology Stats You Need to Know for 2022.

The Covid-19 pandemic quickened the pace of digital transformation, placing technologies at the very center of how people live and work – and that pace shows no signs of slowing down.

In its new white paper, 38 Technology Stats You Need to Know for 2022, global technology intelligence firm ABI Research has identified and highlighted the most impactful forecasts that illuminate the direction in which digital transformation is truly heading. [Read more…] about Almost 50,000 robots expected to be shipped to warehouses by 2026

Global semiconductor manufacturing equipment sales on track to exceed $100 billion in 2021 for first time

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Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach a new high of $103 billion in 2021, surging 44.7 percent from the previous industry record of $71 billion in 2020, according to industry organisation SEMI.

SEMI released its findings in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON Japan 2021.

The growth is expected to continue with the global total semiconductor manufacturing equipment market expanding to $114 billion by 2022. [Read more…] about Global semiconductor manufacturing equipment sales on track to exceed $100 billion in 2021 for first time

Evocargo to exhibit autonomous logistics vehicle technology at CES

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Evocargo will showcase its cutting-edge services in cargo transportation based on their own electric unmanned vehicle in the Vehicle Tech category at the Consumer Electronics Show 2022, being held in Las Vegas from January 5-8.

Established in 2019, Evocargo will exhibit its Smart Logistic service based on unmanned all-electric platforms. Evocargo’s EVO.1 vehicle (3.5 tons full weight) will be displayed, featuring a payload capacity of 1.5 tons, power reserve of 155 miles and operating time of 20 hours with 40-minute charging time.

Evocargo’s all-electric/hydrogen autonomous vehicles ensure its customers’ operations are always on time, optimized and precisely coordinated through all process cycles. [Read more…] about Evocargo to exhibit autonomous logistics vehicle technology at CES

Latest Car Technologies Which Are Expected to Reshape the Automobile Industry in Days to Come

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There was a time when the viability of a car was determined by what was present under the hood.  [Read more…] about Latest Car Technologies Which Are Expected to Reshape the Automobile Industry in Days to Come

Retail robots market expected to reach $55.8 billion by 2028

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The global market for retail robots was valued at $7.1 billion in 2020 and is expected to surpass $55.8 billion by 2028, registering an annual growth rate of 30.1 percent during the forecast period (2021-2028), according to Coherent Market Insights.

Retail service robots bring the intelligence of big-data knowledge of consumers to provide useful and smart in-store customer service. Retail robots can handle scenarios from repetitive customer service inquiries to complex product recommendation.

Companies often have an opportunity to convey real-time data about their company and products whichexplains what they do, why their products are the right fit, and others. [Read more…] about Retail robots market expected to reach $55.8 billion by 2028

Delivery drones market expected to reach $5.6 billion by 2028

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The global market for delivery drones is expected to be valued at $5,586.5 million by 2028, at a compound annual growth rate of 41.3 percent during the forecast period (2021-2028).

The figure are highlighted in a report published by Coherent Market Insights. [Read more…] about Delivery drones market expected to reach $5.6 billion by 2028

Global ‘Robot-as-a-Service’ market set to reach $41.3 billion by 2028

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The global Robot as a Service market was valued at $12.6 billion in 2020 and is expected to surpass $41.3 billion by 2028, registering a compound annual growth rate of 15.9 percent during the forecast period (2021-2028), as highlighted in a report published by Coherent Market Insights.

The ongoing advancement in technologies is propelling the market growth during the forecast period.

The growing adoption of advanced technologies such as automation, artificial intelligence, machine learning, Robot as a Service (RaaS), and many other technologies are expected to drive market growth during the forecast period. [Read more…] about Global ‘Robot-as-a-Service’ market set to reach $41.3 billion by 2028

Sarcos Robotics and T-Mobile team up to integrate 5G into Guardian XT exoskeleton robot

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Sarcos Robotics, a developer of robotic exoskletons, and telecommunications company T-Mobile, have agreed a collaboration to integrate T-Mobile 5G into the Sarcos Guardian XT highly dexterous mobile industrial robot.

The Guardian XT robot is a remote-controlled robotic system designed to help humans safely work in hazardous conditions, performing tasks such as lifting heavy materials or using power tools at significant heights.

With T-Mobile 5G integration, the companies aim to improve performance and response time for remote operations, so the robots can perform tasks more quickly and more in tune with their operator’s movements. [Read more…] about Sarcos Robotics and T-Mobile team up to integrate 5G into Guardian XT exoskeleton robot