Robotics & Automation News

Market trends and business perspectives

ihs markit

Record-breaking revenues projected for the linear motion products market

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By Syed Mohsin Ali, research analyst, industrial automation, IHS Markit

According to the 2017 edition of the Linear Motion Products Report from IHS Markit, total global revenue from linear motion products is projected to hit a record high of $7.3 billion in 2017.

Demand for linear motion products in the electronics and electronics-assembly industries — particularly for battery manufacturing facilities and improved global economic conditions — have facilitated growth.

This new revenue record was preceded by a substantial growth rate of 6.1 percent in 2016, primarily a result of high demand from China and a 10.1 percent stronger exchange rate for the Japanese yen against the US dollar.  [Read more…] about Record-breaking revenues projected for the linear motion products market

The growing importance of software in the manufacturing sector

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It’s not just manufacturing – it applies to all industries. But manufacturing is the sector that outside observers might expect to be the least affected by the digital world. 

Nothing could be further from the truth of course, especially now.

Some people might think that everything in a factory is entirely mechanical, and maybe just has some electrical components – with a chip or two for the industrial robots.

But increasingly, factories are becoming a hive of hi-tech activity, and the new buzz is almost entirely about the software.  [Read more…] about The growing importance of software in the manufacturing sector

Vorwerk’s acquisition of Neato Robotics adds spark to exponentially growing robotic appliance market, says IHS Markit

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Germany-based home appliances manufacturer Vorwerk recently acquired Neato Robotics, a Silicon Valley maker of domestic robots.

Vorwerk is known for its premium products in the household appliances market and Neato Robotics is known for its innovation and technological know-how, mainly in robotic vacuum cleaners.

Vorwerk first invested in Neato Robotics in 2010. Both companies are eager to maximize the exponential growth of the robotic appliance market, individually and collectively, with ‘cross-over’ benefits.  [Read more…] about Vorwerk’s acquisition of Neato Robotics adds spark to exponentially growing robotic appliance market, says IHS Markit

Analysis: New Nest Labs security products face stiff competition, says IHS Markit

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By Blake Kozak, principal analyst, security technology at IHS Markit

Nest Labs has expanded into the home security market with a range of products which includes the Nest Secure alarm system, Nest Hello video doorbell, Nest Cam IQ outdoor security camera, and corresponding software and services. 

The video doorbell uses Google’s facial recognition technology.

Nest Labs is one of the first big movers in the home automation market, and the company is thought to be one of the leaders.

Nest currently offers a range of products including thermostats, smoke and carbon monoxide detectors, and video doorbells.  [Read more…] about Analysis: New Nest Labs security products face stiff competition, says IHS Markit

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