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expected

Spending on chip manufacturing equipment to reach record high of $70 billion in 2021

July 21, 2020 by David Edwards

Global sales of semiconductor manufacturing equipment by original equipment manufacturers are projected to increase six percent to $63.2 billion in 2020, compared to $59.6 billion in 2019, before logging record high revenue of $70 billion in 2021 on the strength of double-digit growth, according to industry association SEMI.

The group revealed the figures is its Mid-Year Total Semiconductor Equipment Forecast – OEM Perspective at the annual SEMICON West exposition.

Growth across a number of semiconductor segments is expected to power the expansion. The wafer fab equipment segment – which includes wafer processing, fab facilities, and mask/reticle equipment – is expected to rise five percent in 2020 followed by 13 percent growth in 2021 driven by a memory spending recovery and investments in leading-edge and China. [Read more…] about Spending on chip manufacturing equipment to reach record high of $70 billion in 2021

Filed Under: Manufacturing, News Tagged With: billion, equipment, expected, forecast, growth, market, percent, semi, semiconductor, spending

Robotic lawn mowers market to grow to $1.3 billion this year

July 10, 2020 by David Edwards

Automower 435X AWD 435X AWD

The global market for robotic lawn mowers is expected to reach $1.3 billion in 2020, growing at an annual rate of more than 12 percent during the period 2019-2025.

The is according to a study by Research and Markets called Insights on the Robotic Lawn Mowers Global Market to 2025.

The year-on-year growth of robotic lawnmowers will be in the double-digit due to the high demand from Europe, North America, and APAC, coupled with the rise in awareness of these devices in developing countries. [Read more…] about Robotic lawn mowers market to grow to $1.3 billion this year

Filed Under: Features, Humanoids Tagged With: demand, equipment, europe, expected, garden, global, growing, growth, landscaping, lawn, lawnmowers, market, mower, mowers, players, products, robotic, vendors

How Smartphones Can Impact Autonomous Vehicles

June 30, 2020 by Polly

With the recent advancements in technology, the world is expecting more impressive breakthroughs in the future.

Even though some of the major tech companies around the world have been experimenting with driverless technology, and a couple have also released vehicles that offer users the feature, it still needs more improvements.

The changes in traffic can lead to much safer and more organized roads, as the steering wheels will be replaced with technology. [Read more…] about How Smartphones Can Impact Autonomous Vehicles

Filed Under: Features Tagged With: autonomous, autonomous vehicles, cars, driverless, drivers, expected, help, people, smart, smartphone, smartphones, technology, users, vehicles

Top 5 Industries That Will Be Transformed By Robotics and Automation

June 17, 2020 by Polly

The conversation on robotics and automation has come a long way since it started, and every day it takes a new turn.

It cannot be denied the tremendous contribution that automation has made to making life easier for humans, even with things considered to be simple.

From your thermostat, facial phone recognition to even your email, there’s a lot that automation does for humankind.

It is predicted that even more advancement should be expected in the years to come and there are some industries that’ll see early or much more transformation than others due to their importance to human existence.

However, no matter the field, robotics can help to improve the operations, and at some point, companies will have to adapt. With that said, let’s take a look at some industries expected to thrive with robotics.

Image by Darko Stojanovic from Pixabay

Health and medicine

Health is one of the major concerns of the human species, and there are always ongoing studies on how procedures can be easier and faster. Accuracy is also another factor that influences the need for advancement in this industry.

The fact is that the healthcare industry is rapidly evolving when it comes to innovation and technology, and it’s not slowing down. One area that has seen some of the significant advancement is surgery, where automation is used to perform procedures with much more precision.

There’s also the advantage of minimal incisions and risks in general. Even with simple tasks like transporting medication and supplies, automation and robotics come in handy. Many companies have come out to produce these life-changing equipment, and there are more on the way.

The medical robotics market is, therefore, expected to experience some more growth in the years to come.

Law enforcement

Apart from health, security is another need that drives human beings to take certain actions. And so far it seems the movies are not exaggerating how robots can be used to enforce the law. They are not so popular in real life, but minor preparations are underway to see how best to employ this technology.

So far, robots are used for functions like mine clearance, explosive ordnance disposal, search and rescue, combat support, intelligence, reconnaissance, and surveillance. They are also used by other emergency services like fire fighting and neighborhood watch duties.

These are some of the less deadly functions they have, and there’s more to explore regarding how far they can go. About 201 of them were transferred to the local law enforcement agencies from the military in the first part of 2016. This shows that it won’t be far fetched to expect them to become a part of our everyday lives.

Again many companies create robots of all sizes and shapes to either be controlled remotely or autonomous. Also, due to the war against terrorism, the market is expected to increase in value.

Agriculture & food service

With the constant increase in population and a quest to end world hunger, it is no surprise that there’s a lot of effort going into how to achieve that. There already are innovative devices that make farming more comfortable, but there is also more room for improvement in the sector.

The ones to come are expected to draw more on artificial intelligence, low-cost sensors, and big data to offer better and more accurate outcomes. The robots will perform functions such as weeding, planting, watering, fertilizing, milking, and transporting products. With improvement will also come near-to-full autonomy and less cost.

This advancement will hopefully reduce how much labor goes into the farming process while increasing the return or profit. Also, it will allow for production to expand, to meet the demands. Apart from the regular operation of getting raw materials, robotics is also used in the processing aspect of food.

Restaurants, for example, are looking to change the scene with a state of the art technology that performs functions like spreading dough and adding toppings. So far the technology is mainly used in processing orders with minimal error.

Transportation

With the onset of the “flying cars”, and self-driving automobile, it would seem like the transportation industry is way ahead when it comes to the use of automation and robotics. Artificial intelligence in this sector keeps evolving and indeed improving at a very fast rate.

Even with design and testing, technology is used to detect faults and fix them. So far, the robots work alongside human resources and are used in some cases to combat the shortage of labor. Cars, planes, and even motorcycles also benefit greatly from this advancement, and there’s more to look forward to.

More and more companies are gradually catching up, and the market will experience a rise in value as well.

Image by LEEROY Agency from Pixabay

Manufacturing

Image Credit

The manufacturing industry is indeed one that is not slowing down soon. The demand for all types of products increases as the years go by, and this need creates room for a parallel increase in productivity.

That is where robotics and automation come in. The industry saw the first robots as far back as 1961, but these were repetitive machines that performed tasks that were considered boring or dangerous.

As time passed, they have evolved into more nuanced devices offering efficiency than unskilled labor. The manufacturing of electronics, for example, has seen the use of different robots to handle jobs like transporting devices for glue-spraying in the case of Beyerdynamic.

Further plans are being made for the technology to handle more responsibilities like inserting screws and final assembly of parts.

The ultimate goal of automation and robotics is to cut costs and increase productivity in as many sectors as possible. It is a great idea to include the technology in your operations, and all you’ll need is a corporate rebranding process to keep your stakeholders in the loop.

That will also make life more comfortable for everyone involved. There’s the fear that robots are going to take away jobs, but it’ll also create opportunities in many other areas, making it a win-win situation.

The possibilities are exciting for how far humanity can go with robotics and what other industries will get on board. Whatever the case, the progress is welcome.

Filed Under: Features Tagged With: advancement, agriculture, automation, companies, devices, expected, functions, health, human, increase, industries, industry, intelligence, law, manufacturing, medical robotics, robotics, robots, surgery, technology, transportation

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

June 11, 2020 by Sam Francis

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

Filed Under: Features, Industrial robots Tagged With: analysis, automation, automotive, collaborative, covid, energy, expected, forecast, global, growth, industrial, interact, long-term, manufacturing, market, maya, negative, orders, pandemic, percent, positive, production, projected, quarter, rebound, revenue, robot, robots, shipments, suppliers, year

Robotic last-mile deliveries to generate almost $50 billion in revenue by 2030

March 13, 2020 by David Edwards

amazon-scout copy

Robotic last-mile deliveries are forecast to generate almost $50 billion in revenue by 2030, according to a new report by Lux Research.

Automated parcel delivery technologies, such as small mobile delivery robots, are growing due to the rise in consumer demand for faster deliveries.

The rise in e-commerce is fueling rapid growth in parcel delivery volumes, a market expected to grow to $665 billion by 2030. Consumers are increasingly expecting parcels to be delivered quickly. [Read more…] about Robotic last-mile deliveries to generate almost $50 billion in revenue by 2030

Filed Under: Logistics, News Tagged With: automated, autonomous, billion, companies, deliveries, delivery, drones, e-commerce, expected, last mile, lux, market, parcel, revenue, robotic, robots, technologies, vehicles

Smart factory market to grow to $155 billion by 2025

January 28, 2020 by David Edwards

The global smart factory market is set to grow from its current market value of more than $75 billion in 2018 to $155 billion by 2025, according to a new research report by Global Market Insights.

The increasing adoption of technology has driven the demand for smart industrial solutions to save operational and labor costs, and is driving smart factory market.

Digitally advanced factories have been manufacturing industrial robots that are replacing human laborers in several operations with the help of evolutionary technologies like big data, artificial intelligence, analytics and internet of things. [Read more…] about Smart factory market to grow to $155 billion by 2025

Filed Under: Features, Manufacturing Tagged With: adoption, advanced, billion, expected, factory, increasing, industrial, industry, manufacturing, market, robots, smart, solutions, technologies

Exploring the Present and Future Impact of Robotics and Machine Learning on the Healthcare Industry

December 4, 2019 by Liv

Robotics has already revolutionized the manufacturing industry, but it has begun to impact the healthcare industry as well. AI is already showing that it can do a lot of what humans can, only faster and cheaper.

The potential benefits of machine learning and artificial intelligence are only starting to be seen, though we can make an educated guess regarding the benefit it can have.

Let’s look at the current and future impact robotics and machine learning is making on the healthcare industry. [Read more…] about Exploring the Present and Future Impact of Robotics and Machine Learning on the Healthcare Industry

Filed Under: Computing, Features, Promoted Tagged With: ai, care, completed, cost, demanding, design, dispense, example, expected, future, healthcare, help, hospital, impact, improve, industry, intelligence, learning, lower, machine, manufacturing, medical, medication, parts, patients, quality, rate, required, robotics, robots, support, tasks, technology, towels

Visteon opens new technical center in Mexico

October 24, 2019 by David Edwards

Visteon, a supplier of digital automotive dashboard electronics, has opened a newly constructed engineering center in Querétaro, Mexico.

Visteon says its Querétaro Technical Center (VTCQ) is home to highly skilled software, hardware and mechanical engineers responsible for developing advanced cockpit electronics products for North America-based vehicle manufacturers.

These products include digital instrument clusters, infotainment and information displays – and new technologies for connected and autonomous driving. [Read more…] about Visteon opens new technical center in Mexico

Filed Under: Infrastructure, News Tagged With: america, center, company, complete, customers, employees, engineering, engineers, expected, growth, highly, include, lab, laboratory, meter, mexico, minutes, north, plans, querétaro, skilled, software, square, support, technical, technology, testing, visteon, vtcq

Universal Robots ‘future-proofs’ production processes at Vietnamese manufacturer with collaborative robots

October 15, 2019 by Mai Tao

Universal Robots has helped Vietnam-based Vinacomin Motor Industry Joint Stock Company “future-proof” its production processes with collaborative robots.

VMIC is a subsidiary of the Vinacomin Group, a state-owned coal and mining giant.

VMIC, one of the first state-owned manufacturers to deploy cobots, has seen productivity increase two to three times, with improved product quality, leading to a 50 to 60 percent rise in orders. [Read more…] about Universal Robots ‘future-proofs’ production processes at Vietnamese manufacturer with collaborative robots

Filed Under: Features, Manufacturing Tagged With: adoption, asia, automation, cobots, deployed, expected, increase, largest, malaysia, market, mining, orders, percent, processes, production, productivity, quality, region, robot, robotics, robots, southeast, thailand, three, universal, ur, vietnam, vmic, work, workers, years

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  • AGIBOT debuts A3 humanoid robot in Europe and launches UK Robot-as-a-Service model
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  • Why Does Quality Wiring Matter More Than Ever in Modern Electronic Devices?
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  • Can AI Really Recommend the Perfect Hairstyle for Your Face Shape?
  • The Role of Risk Calculations in Building More Reliable Automated Trading Systems
  • What to Look for When Buying an Oceanfront Condo in Myrtle Beach

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