Robotics & Automation News

Market trends and business perspectives

growth

MiR reports 500 per cent growth in sales of logistics robots

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Mobile Industrial Robots, a developer and manufacturer of autonomous mobile robots, claims it has seen “an astounding 500 percent growth in sales” in 2016, with over 200 MiR100 robots and accessories installed in more than 30 countries.

The company says it has an “ambitious” plan, and has recently expanded its global presence, establishing regional offices in New York and Shanghai.

With substantial increases in hiring in 2016, MiR also tripled the size of its Denmark headquarters, relocating to a new location that will support its ongoing expansion.

In 2017, the front-runner expects to further consolidate its leadership position with a new product that will be launched in Chicago on April 3, 2017 at Automate, North America’s largest automation trade show. [Read more…] about MiR reports 500 per cent growth in sales of logistics robots

Global collaborative robotics market forecast to grow to $95 billion in seven years

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The worldwide collaborative robot market is expected to be worth $95 billion by 2024, according to a new report by Transparency Market Research.

Companies in the global collaborative robot market are focused on the acquisition of smaller and local automation companies to expand their operations, says Transparency.

Leading companies such as ABB, Kuka, Kawasaki Heavy Industries, and Robert Bosch are expected to launch products in the coming years to fulfil the requirement of their clientele in the several end-user industries.  [Read more…] about Global collaborative robotics market forecast to grow to $95 billion in seven years

The effect of industrial espionage on economic growth

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spy camera

In an interesting article on The Diplomat website, the question is asked, “How does industrial espionage affect economic growth?” 

The article is based on a study by Erik Meyersson, an assistant professor at Stockholm School of Economics, who teamed up with Albrecht Glitz, an associate professor at Pompeu Fabra University.

The two academics analysed almost 200,000 informant reports in the old East German Ministry for State Security, otherwise known as the Stasi.  [Read more…] about The effect of industrial espionage on economic growth

Automotive industrial robot market forecast to reach $8 billion within four years

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industrial robots

Industrial robots are in high demand in the automotive sector, and a research company is saying the market will grow to beyond $8 billion by 2021. 

In the report published by MarketsandMarkets, the market was estimated to be $5.07 billion in 2016, and is projected to grow to $8.44 billion by 2021, at a growth rate of 10.74 per cent.  [Read more…] about Automotive industrial robot market forecast to reach $8 billion within four years

Hannover Messe: And Polska has won it!

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Poland is this year’s partner country for Hannover Messe, the world’s most influential industrial trade show. 

Last year’s partner country was USA, and President Barack Obama was the guest of honour. The year before that, it was India, and Prime Minister Narendra Modi, welcomed as usual by German Chancellor Angela Merkel.

So, following on from the one of the world’s most populous nations, and then the world’s most powerful, Poland and its leaders have a lot to live up to. [Read more…] about Hannover Messe: And Polska has won it!

Industrial Vision Systems relocates to ‘fulfil ambitious expansion plans’

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ivs harwell relocation

Company is expecting “year on year double digit growth” in machine vision, robotics and artificial intelligence over the next decade

Industrial Vision Systems, a supplier of machine vision solutions to industries including automotive, medical devices, electronics, food and drink, and packaging, has relocated into a new facility – custom designed to its own specification – in order to fulfil its ambitious expansion plans.

Having grown “significantly” over the course of the past 16 years, Industrial Vision Systems has now made the move to its brand new 10,000 sq ft premises at the prestigious Harwell Science and Innovation Campus in Oxfordshire which will allow it to grow further and capitalise on new, emerging markets.

The relocation presents a new phase of business for IVS. The company is fully expecting year on year double digit growth in machine vision and robotics on the manufacturing floor over the next decade. [Read more…] about Industrial Vision Systems relocates to ‘fulfil ambitious expansion plans’

Metal belts are driving robotics industry growth, says metal belts company

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belt technologies belts-drivetape

Belt Technologies, which claims to be the leading provider of stainless steel belts, drive tapes, and conveyor systems, says metal belts are driving the growth in the robotics industry.

Recently, the company says it has seen an increase in the number of OEMS in the robotics industry seeking metal drive tapes and belts for their automated equipment.

Belt Technology’s president, Alan Wosky, says: “Robotic technology typically requires a high level of precision and cleanliness.  [Read more…] about Metal belts are driving robotics industry growth, says metal belts company

North American industry buys record numbers of robots

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industrial robots

The North American automation industry has set new records to begin 2016, according to the Association for Advancing Automation (A3), the industry’s trade group.

The advent of more automation in North American manufacturing promises increased efficiencies in production and the ability to compete globally, says A3.

A total of 14,583 robots valued at approximately $817 million were ordered from North American companies during the first half of 2016.  [Read more…] about North American industry buys record numbers of robots

Aethon ‘dramatically outpacing growth of robotics industry’

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aethon mobile robot

Aethon says it has continued its strong performance, growing first half bookings 160 per cent compared to the same period last year. 

Aethon’s growth was driven by strong sales of TUG autonomous mobile robots, selling a record 102 robots in the first half of 2016.

Aethon claims the TUG autonomous mobile robot is “the world-leading solution for autonomous material transport and delivery”.  [Read more…] about Aethon ‘dramatically outpacing growth of robotics industry’

Locus Robotics raises $8m funding for logistics robot solution

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Technology veteran Rick Faulk joins Locus Robotics as new funding raised to accelerate growth and development 

US-based e-commerce fulfillment robotics company Locus Robotics has hired Rick Faulk to serve as the company’s chief executive officer.

The company is heading towards production and sales of its solutions and has appointed Faulk to lead it in this next stage of growth and development.

Locus also says it has raised $8 million in Series A funding. The round was led by additional funding from seed investors. The new capital will be used to expand product development and go-to-market initiatives.  [Read more…] about Locus Robotics raises $8m funding for logistics robot solution