Robotics & Automation News

Market trends and business perspectives

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Building Your Brand with Technology Couldn’t Be Easier as an Entrepreneur

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As an entrepreneur, you won’t always know what will get your business to where you want it to be in the future. But this doesn’t mean that you have to stay exactly where you are.

If you’re hungry for progression and success, you can totally have that – it’s all about knowing how. After all, you have goals, so it’s a great idea for you to be able to achieve them in the best way possible. And quickly.

While success won’t always come overnight, it doesn’t have to be something that takes years or feels stressful – it’s all about making sure that you know what can make it happen. [Read more…] about Building Your Brand with Technology Couldn’t Be Easier as an Entrepreneur

Want to Grow Your Online Company? Here’s How to Do It

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Are you still experimenting with new tactics to expand your business? And you would be missing out on a lot if you didn’t strive to expand your market through online means. The internet serves as a powerful and effective tool that businesses use in a variety of ways to grow and succeed.

In this article, we’ll go over various strategies you can employ to accomplish your business’s goals. [Read more…] about Want to Grow Your Online Company? Here’s How to Do It

Space robotics market revenue forecast to grow to $7 billion by 2032

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The global market for space robotics is forecast to exceed revenues of $7 billion by 2032 with a projected compound annual growth rate of 9 percent over 2023-2032, according to a report by Global Market Insights.

The market growth is due to the rapid expansion of the electronic chip manufacturing industry globally. Besides, the increasing number of space projects in the MEA region will also foster the market growth.

For instance, in May 2022, Benya Group inked an MoU with OneWeb to explore the distribution of connection services in the MEA region. [Read more…] about Space robotics market revenue forecast to grow to $7 billion by 2032

Collaborative robot market to grow to $2 billion in the pharma industry

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The use of collaborative robots or “cobots” is on the rise in the pharmaceutical industry. Pharmaceutical application takes up around 0.05 percent of the total medical robot market size.

Valued at $553 million, the pharmaceutical robotic market is forecast to grow at 15.7 percent compound annual growth rate to reach $2 billion by 2030.

In hospital settings, pharmacy robots are often included under the category of hospital logistic robots. [Read more…] about Collaborative robot market to grow to $2 billion in the pharma industry

Universal Robots reports record annual revenue of $326 million

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Universal Robots, the Danish collaborative robot company, has reported Q4 revenue of $85 million, bringing 2022 annual revenue to $326 million, up 5 percent on 2021.

On a constant currency basis, growth over the year was 12 percent.

Kim Andreasen, Universal Robots’ chief financial officer, says: “We are proud to have continued to grow our business despite facing a difficult macroeconomic environment in 2022. [Read more…] about Universal Robots reports record annual revenue of $326 million

2023 Predictions & Forecasts: European countries expected to be worst affected by automation

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When it comes to the workplace, developments in automation mean that the future landscape of work is changing and, in turn, the roles that we undertake. 

While many people fear that this contributes to a decrease in employment, many industries continue to grow and adapt despite automation.

In some instances this can improve work-life balance, allowing manual workers to work normal shifts and robots to work overnight or to remove the menial tasks from your role and retrain to complete tasks that cannot be automated. [Read more…] about 2023 Predictions & Forecasts: European countries expected to be worst affected by automation

2023 Predictions & Forecasts: Berkshire Grey expects RaaS to get bigger

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Insights from Chris Geyer, VP at Berkshire Grey

Since Berkshire Grey designs and deploys AI and robotics technology to Fortune100 customers like FedEx, Target and Walmart, they have an expansive view of what’s happening across retail, e-commerce, grocery, package handling and logistics industries.

Chris Geyer, vice president at Berkshire Grey, works closely with these customers on product development and implementation and is well-equipped to see what the new year has in store. [Read more…] about 2023 Predictions & Forecasts: Berkshire Grey expects RaaS to get bigger

How to Rapidly Grow Your Instagram Following

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New and established businesses often find it difficult to grow their Instagram followings. However, doing so doesn’t have to be a challenge. Use the following tips to grow an Instagram following in less time than one can imagine. 

If you want an easy way to get more followers, purchase them from a reputable provider. This is an effective way to increase the number of followers a site has, but it isn’t a long-term solution. Organic followers produce the best results, so use the paid followers to fill in the gap as other methods are put into place.

The process of building a solid following takes time. This is why many businesses choose to purchase them. When doing so, however, ensure the provider is reputable. Paid followers only benefit a business if they are of high quality.  [Read more…] about How to Rapidly Grow Your Instagram Following

Beyond Imagination receives order for 1,000 humanoid robots

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Robotics innovator Beyond Imagination has entered into an agreement with SELF Labs to provide at least 1,000 humanoid robots for use in agricultural “grow boxes”. This is believed to be the largest deal of its kind.

SELF and Beyond are announcing a partnership to develop automated off-the-grid grow boxes. Each box will be equipped with solar panels, windmills, atmospheric water generators, 5G, and an advanced version of Beyond Imagination’s Beomni robot with its Omni-Purpose AI Brain.

By aligning the visions of Milan Cheeks of SELF and Dr Harry Kloor of Beyond, this futuristic take on farming will be made possible through a uniquely powerful combination of Omni-Purpose AI, humanoid robotics, blockchain, and game technology. [Read more…] about Beyond Imagination receives order for 1,000 humanoid robots

Massive growth predicted for robotic last-mile delivery

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Worldwide robotic last-mile delivery revenues are forecasted to grow from $70 million in 2022 to $670 million in 2030.

This is according to new research from global technology intelligence firm ABI Research.

Furthermore, the value of those parcels delivered by autonomous mobile robots could reach $3.3 billion by 2030. [Read more…] about Massive growth predicted for robotic last-mile delivery