Robotics & Automation News

Market trends and business perspectives

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How useful can Tesla’s ‘overhyped’ humanoid robot be?

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Research company IDTechEx has been analyzing how useful Tesla’s “overhyped” humanoid robot could be when it is eventually launched. For example, “Will it really be able to serve people?”, asks the analyst.

Tesla CEO Elon Musk recently unveiled its humanoid robot “Optimus” at the electric vehicle maker’s “AI Day” event. Musk said that a robot business will be worth more than its cars, and he hopes to expand Tesla beyond an electric vehicle manufacturer.

At the show, the Tesla Bot was able to perform a variety of tasks, including watering plants, dancing, and moving metal bars in the automaker’s factory. [Read more…] about How useful can Tesla’s ‘overhyped’ humanoid robot be?

Autonomous trucks make the ‘most compelling case’ for automation in commercial vehicles, says report

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Autonomous trucks make “the most compelling case for automation in commercial vehicles”, according to a new report.

The new IDTechEx study, Heavy-Duty Autonomous Vehicles 2023-2043: Trucks, Buses & Roboshuttles, has found significant activity in the autonomous heavy-duty and commercial vehicle space.

Today, there are hundreds of vehicles around the globe in various stages of trialing, piloting, and even some companies teetering on the precipice of fully unmanned commercial deployment. Each industry has unique strengths and challenges, here are some key findings from the report. [Read more…] about Autonomous trucks make the ‘most compelling case’ for automation in commercial vehicles, says report

Robotics-as-a-Service market growing in the logistics industry

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Between 6 percent and 8 percent of total revenue in the mobile robotics for logistics market comes from Robotics-as-a-Service, according to research company IDTechEx.

X-as-a-Service business models are now commonplace in the industry, involving the delivery of a specific service rather than a product to perform the service.

The most significant change in models such as this is the replacement of a proportionally very large up-front product price with a billing structure that is based on the services performed as the product itself. [Read more…] about Robotics-as-a-Service market growing in the logistics industry

New IDTechEx report outlines future of agricultural robotics industry

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IDTechEx has released Agricultural Robotics Market 2022-2032, a market research report exploring the technical and market factors that are shaping the emerging industry around agricultural robotics.

The agricultural robotics industry has grown quickly in recent years, spurred on by advances in robotics technology and artificial intelligence, and may be set to help alleviate some of the labor issues that are currently threatening global agriculture.

Agricultural robotics, as covered in the new IDTechEx report, can be used to automate a range of agricultural tasks, including weeding, seeding, and harvesting of fresh fruit. [Read more…] about New IDTechEx report outlines future of agricultural robotics industry

Driving will be outlawed for humans by 2050, says IDTechEx

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Autonomous cars will match or exceed human safety by 2024, after which they will grow rapidly at aan annual rate of 30 percent, according to IDTechEx’s new report Autonomous Cars, Robotaxis & Sensors 2022–2042.

By the 2040s, they will be capable of fulfilling the world’s mobility needs without a single collision. So why should humans be allowed to continue driving?

For a long time, the parameters around how we can drive our vehicles have been restricted. Speed limits exist to increase safety, seatbelts are mandated to increase safety, and city centers are becoming pedestrianized to increase safety for pedestrians. [Read more…] about Driving will be outlawed for humans by 2050, says IDTechEx

Air taxi winners: Watch orders not investment, says IDTechEx

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Air taxi operators are unfazed by the 200 or so organizations designing vertical take-off electric aircraft. The IDTechEx report with the big picture is, Manned Electric Aircraft: Smart City and Regional 2021-2041.

Air taxi operators have placed large orders with a company that models itself on Tesla, entirely making born-electric, conventional take-off, fixed-wing aircraft.

Using extreme lightweighting, efficiency, and aerodynamics, Bye Aerospace has over $250 million of orders for two and four-seaters from air taxi operators and flying schools. It spent only $24 million to have certifiable demonstrators aloft.

Bye is so inundated with orders it has just doubled its prices because the aircraft still cost far less per mile than the polluting traditional equivalents. In the US, 11,000 of those are approaching 50 years old and illegality. Bye deliveries start from 2022. [Read more…] about Air taxi winners: Watch orders not investment, says IDTechEx

Autonomous shuttle market forecast to be worth $18 billion

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The autonomous shuttle market is forecast to be worth $18 billion by IDTechEx, which includes driverless minibuses and small, sidewalk delivery robots in the category. 

An increasing number of commercial vehicles are going battery-electric, assisted by battery life of one million miles and ranges of up to 600 miles being imminent. Shenzhen alone has 70,000 electric logistics vehicles.

Next come robot buses, robotrucks and robotaxis with driver elimination reducing cost by intensive use. IDTechEx has a report on the topic, Electric, Hybrid & Fuel Cell Light Commercial Vehicles 2021-2041. [Read more…] about Autonomous shuttle market forecast to be worth $18 billion

Agricultural robots and AI: A question of when and not if

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Robotics and artificial intelligence will drive a deep and transformative change in the agricultural world during the coming decades, according to a new report by IDTechEx.

Seeing, localising, and taking plant-specific intelligent action are no longer the exclusive realm of humans, says the research company.

Machines have demonstrated the technical viability and the emphasis has long shifted to the finer details of return on investment, reliability, business model, and so on. [Read more…] about Agricultural robots and AI: A question of when and not if

Mobile robots and autonomous vehicles: Coronavirus pushes logistics automation higher up the agenda

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Last month, Amazon announced that it planned on hiring 100,000 extra workers to meet the rise in demand for online shopping created by Coronavirus-caused shutdowns and social distancing.

In late March, unions said workers were demanding that Amazon takes their lives seriously. The night before a facility in Queens, NY, had been closed for deep cleaning after an employee tested positive for the virus.

There are reports that some Amazon warehouse workers in Italy and Spain have tested positive. [Read more…] about Mobile robots and autonomous vehicles: Coronavirus pushes logistics automation higher up the agenda

Autonomous trucks: Addressing the industry’s structural challenges

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The automotive industry is experiencing a difficult time due to the coronavirus pandemic, with severe shocks both to the supply and demand. Nonetheless, the industry will need to retain its focus on key transformation trends such as autonomy.

Making a business case out of autonomous however, is not always straightforward, as IDTechEx finds in its research into the sector.

Some original equipment manufacturers and tier-one suppliers are already suggesting that there is no business case for level 3 autonomy – referring to SAE’s levels of autonomy in automotive. [Read more…] about Autonomous trucks: Addressing the industry’s structural challenges