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industrial robots

China-US trade dispute causing industrial robot makers to forecast lower earnings

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The ongoing trade dispute between China and the US has caused three of the world’s largest industrial robot makers to lower their earnings forecasts, according to a report on Nikkei.

Yaskawa, Kuka, and Fanuc have all “downgraded their full-year earnings forecasts”, reports Nikkei.

Fanuc predicts net profit of $1.26 billion for the year ending March 2019, which is approximately $26 million lower than its previous forecast.  [Read more…] about China-US trade dispute causing industrial robot makers to forecast lower earnings

ABB launches new robotic systems for food and beverage industry at PackExpo

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ABB is launching a new “Food & Beverage Assessment Portfolio” at the Pack Expo event, which is taking place now in Chicago, USA. 

The company says the robotic systems it is showcasing are aimed at helping food and beverage manufacturers improve processes and reduce production costs by giving them a better understanding of their plant, from power to automation to digital readiness.

ABB says it will highlight its “assessment services and expertise” in booth N-4930 at the event.  [Read more…] about ABB launches new robotic systems for food and beverage industry at PackExpo

Kuka to partner with Canadian university to ‘advance robotics knowledge’

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Partnership to focus on industrial applications of the latest Industry 4.0 robotics systems

Humber College and Kuka Canada are entering into a five-year partnership agreement focused on bringing the latest robotics technology to Humber and working together on robotics systems integration applications.

Kuka Canada will make significant investments in robotic equipment, advanced software and contribute to curriculum development for Humber, with financial contributions each year for five years.

Humber will receive two Industry 4.0 ready collaborative robots as part of the partnership. These will complement the college’s extensive collection of robotic technology and will be housed within Humber’s Barrett Centre for Technology Innovation, the college’s hub for bringing industry and education together.  [Read more…] about Kuka to partner with Canadian university to ‘advance robotics knowledge’

New Scale Robotics gains Universal Robots certification for precision parallel gripper

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New Scale Robotics, a division of New Scale Technologies, has received Universal Robots certification for its NSR-PG-10-20-UR Precision Parallel Gripper.

Universal Robots certification confirms that the smart gripper is fully compatible with UR collaborative robots and meets all published specifications.

David Henderson, CEO of New Scale Technologies, says: “We are delighted to receive endorsement from Universal Robots for the NSR-PG, created specifically to install and operate on UR robots in under 30 minutes.  [Read more…] about New Scale Robotics gains Universal Robots certification for precision parallel gripper

Techman Robot launches new industrial robot systems at IMTS

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Techman Robot has launched several new industrial automation systems – including the new TM12 and TM14 robots – at the International Manufacturing Technology Show, currently taking place in Chicago.

The company boasts that its Techman robot is “the most intelligent collaborative industrial robot in the world” and recently signed a partnership with industrial automation giant Omron.

Techman Robot has a built-in visual system and “innovative” user interface. The company says it has become one of the industrial robots with “the fastest sales growth in the global market”.  [Read more…] about Techman Robot launches new industrial robot systems at IMTS

IMTS: ABB to showcase robot solutions for ‘high-mix, low volume production’

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ABB says its robots are helping machine shops meet the challenges of high-mix, low volume production – or the “new normal”, as the company puts it.

The company will showcase solutions to increase machine tool utilization and unlock the full potential of the flexible, connected and collaborative factory at IMTS, the world’s largest industrial technology show, due to be held in Chicago next week.

With more efficient and advanced machine tools entering the market, the demand for more intelligent and flexible robotic automation for machining applications is ever increasing.  [Read more…] about IMTS: ABB to showcase robot solutions for ‘high-mix, low volume production’

OnRobot strengthens its grip on market with acquisition of Purple Robotics

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Purple Robotics, which developed an innovative vacuum gripper within one year – the world’s first gripper specifically for cobots – has now been acquired by OnRobot.

The acquisition takes place just two months after the OnRobot merger of three robotics companies – Perceptron from the US, OptoForce from Hungary, and OnRobot from Denmark – to create one global player with a strong focus on the market for industrial robot accessories.

Now, OnRobot in Odense, Denmark, adds what it regards as another “trail-blazing technology” to its product mix.  [Read more…] about OnRobot strengthens its grip on market with acquisition of Purple Robotics

Kuka wins multimillion-dollar automotive contract with GAC in China

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Kuka has received an order to supply industrial robots to Chinese automotive manufacturer GAC NE, subsidiary of GAC Group.

The order value lies in the “high double-digit million euro range”, says Kuka, and was booked in the second quarter of 2018.

The automotive manufacturer GAC Group is headquartered in Guangzhou, China, and is a Fortune “Global 500” company.  [Read more…] about Kuka wins multimillion-dollar automotive contract with GAC in China

Automotive robotics market to grow to $14 billion by 2025

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The global automotive robotics market size is expected to grow to $13.6 billion by 2025, according to a report. 

The market is subject to witness a substantial growth due to the rising implementation of automation and robotics in the automotive sector.

Rising adoption of automation and robotics in manufacturing processes has changed overall outlook of the automotive industry since last few decades.  [Read more…] about Automotive robotics market to grow to $14 billion by 2025

Industrial robotics market expected to exceed $79 billion By 2022

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The global market for industrial robotics expected to exceed $79 billion By 2022, according to a report.

The scope of the report includes a detailed study of global and regional markets for the global Industrial Robotics Market with the reasons given for variations in the growth of the industry in certain regions.

The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market.  [Read more…] about Industrial robotics market expected to exceed $79 billion By 2022