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Universal Robots ‘maintains top spot’ in collaborative robot market

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Universal Robots is maintaining its top spot in the collaborative robot market, according to a report by ABI Research.

However, competitors including Doosan, Techman Robot and Precise Automation are “closing in“, says the study, Industrial Collaborative Robots Competitive Assessment.

There are well over 50 manufacturers of collaborative robots, or cobots, worldwide, but only a handful of these companies have so far deployed cobots on any meaningful level of scale. [Read more…] about Universal Robots ‘maintains top spot’ in collaborative robot market

Global wearable robotic exoskeleton market forecast to grow to $4 billion

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The global wearable robotic exoskeleton market is forecast to grow to more than $4 billion by the end of 2026 and record annual growth of 43.1 per cent during the forecast period of 2019-2026.

At present advancement in Artificial Intelligence and robotics is enabling wearable robotic exoskeleton development primarily for logistics, medical and engineering commitments due to limited battery support capabilities.

However wearable robotic exoskeleton can be applied in a wide range of industries capable of augmenting the growth of the global wearable robotic exoskeleton market. [Read more…] about Global wearable robotic exoskeleton market forecast to grow to $4 billion

Demand for robots to surge in electronics industry, says report

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The demand for articulated robots is forecast to surge in line with increasing applications in the electronics industry, according to a report by FMI.

The research company forecasts the global industrial robotics market to see substantial growth over the forecast period due to multiple driving factors such as the adoption of internet of things in industries and growing digitalization of manufacturing industry across geographies.

The global industrial robotics market was valued at approximately $17 billion in 2018 and is estimated to increase at annual growth of approximately 18 per cent between the forecast periods of 2019 and 2029. [Read more…] about Demand for robots to surge in electronics industry, says report

SLAM software paving the way for new generation autonomous mobile robots

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Simultaneous Localization and Mapping (SLAM), a software-and-hardware technology which enables a mobile device to map its environment while positioning itself within it, is a crucial driver for robotics.

SLAM will enable the transition from automated guided vehicles (AGVs) to autonomous mobile robots (AMRs) in the industrial space.

According to report by global tech market advisory firm, ABI Research, the installed base of SLAM-enabled commercial and industrial robots will exceed 15 million by 2030. [Read more…] about SLAM software paving the way for new generation autonomous mobile robots

Kuka receives large order from Donghee for robotic welding systems

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Industrial robot manufacturer Kuka says it has received an order in the “single-digit million euro range” from the Korean automotive supplier Donghee Industrial.

The order was booked in the second quarter of 2019.

Donghee relies on robot-based friction stir welding from Kuka in the area of electric mobility. [Read more…] about Kuka receives large order from Donghee for robotic welding systems

Volume Graphics partners with industry consortium to improve rapid-prototyping of plastic mold inserts

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Volume Graphics, a provider of industrial computed tomography software, is partnering in a second joint project on “rapid tooling” with companies from a wide range of industries.

The company’s partnership is with the Kunststoff-Institut, in Germany.

As a project partner, Volume Graphics brings expertise in quality assurance and process optimization to the team via its advanced industrial computed tomography (CT) data-analysis software.

Christof Reinhart, CEO of Volume Graphics, says: “Working on this project with Kunststoff-Institut and partners is very important to us because we are convinced that industrial computed tomography can advance the future of rapid tooling. [Read more…] about Volume Graphics partners with industry consortium to improve rapid-prototyping of plastic mold inserts

Collaborative robot market forecast to grow beyond $11 billion by 2030

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The collaborative robot market will exceed $11 billion by 2030, representing 29 percent of the total industrial robot market, according to ABI Research.

Buoyed by early innovators and adopters, the collaborative robotics market will become increasingly mainstream over the next 10 years.

The new analysis from global tech market advisory firm, ABI Research finds that the yearly revenue for cobot arms will reach $11.8 billion by 2030, an enormous increase from $711 million in 2019. [Read more…] about Collaborative robot market forecast to grow beyond $11 billion by 2030

Total strengthens presence in industrial lubricants with new acquisitions

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Total Lubrifiants has strengthened its presence in the industrial lubricants market with the acquisition of a number of business units from Houghton International.

Total has acquired the aluminum hot rolling oil, steel cold rolling oil and tinplate rolling oil activities in the North American and European Economic Area markets from Houghton.

The transaction includes the associated technical support services in both regions. [Read more…] about Total strengthens presence in industrial lubricants with new acquisitions

OnRobot opens research and development facility in Los Angeles

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New office location in Culver City provides OnRobot opportunity to attract talent and add new products to a portfolio including robotic grippers inspired by lizards and sensors lending a human touch to robot arms

OnRobot, a provider of end-of-arm tooling for collaborative robot applications, has opened its first location specifically dedicated to research and development in the United States.

Based in Culver City in Los Angeles, California, the new office area boasts 6,000 square feet for engineers, researchers and local staff to work and develop new products. Last year marked OnRobot’s first foray into the LA area, as it acquired Perception Robotics.

With this acquisition, OnRobot brought the award winning Gecko Gripper technology into its product offerings and developed it for commercial launch. [Read more…] about OnRobot opens research and development facility in Los Angeles

Innovation in industrial manufacturing taking many forms, finds Deloitte

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Not all types of innovation are created equal when it comes to the transformation taking place today in the industrial manufacturing sector.

A new report series, Innovation in Industrial Manufacturing, by Deloitte about innovation in industrial manufacturing shows that patent-based innovation – in both business process improvement and new product development – has become a key marker for how industrial companies are leveraging their research and development budgets to remain competitive in the Fourth Industrial Revolution.

In the report series, Deloitte reviewed the US Patent and Trademark Office (USPTO) filings and citations of 43 Fortune 100 industrial manufacturers, between 2006-2018, and found important insights into how companies are investing in R&D, how digital technology is developing in the sector – specifically “exponential technologies” such as 3D printing, blockchain, cybersecurity, IoT, and so on – and outlines “winning approaches” to innovation for manufacturers. [Read more…] about Innovation in industrial manufacturing taking many forms, finds Deloitte