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ABB and Ericsson showcase 5G networks for industrial robots

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ABB and Ericsson, together with Swisscom, demonstrated for the first time how “easily and effectively” robots can be controlled over wide distances utilizing the real-time communication capabilities of 5G.

ABB showcased the potential of no-latency communication enabled by 5G to world leaders during the recent World Economic Forum, in Davos.

At the Congress Center in Davos, Switzerland, an ABB YuMi collaborative robot was seen carving a message in a sandbox that was replicated at the same time by a second YuMi robot located 1.5 km away. [Read more…] about ABB and Ericsson showcase 5G networks for industrial robots

Transportation applications to account for more than 50 percent of the overall AGV market

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Transportation applications are to account for more than 50 percent of the overall AGV market, according to a report by Future Market Insights.

A new market research study on the global automated guided vehicle market contains global industry analysis 2014-2018 and opportunity assessment 2019-2029.

The report investigates the automated guided vehicle market and provides critical insights for the forecast period of 2019-2029. [Read more…] about Transportation applications to account for more than 50 percent of the overall AGV market

Industry 4.0 to ‘revolutionize’ use of safety sensors and switches, says report

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The so-called “Industry 4.0” trend – an umbrella term for a range of connectivity and automation technologies – will “revolutionize” the use of safety sensors and switches, according to a new report.

The Global Market Study on Safety Sensors and Switches, by Persistent Market Research, says the global market is projected to expand at “a meteoric rate” to register annual growth of 10.7 per cent throughout the period of assessment, 2017-2025.

In 2017, the global market for safety sensors and switches was valued at around $13.8 billion and is estimated to touch a valuation higher than $30 billion by the end of the period of forecast. [Read more…] about Industry 4.0 to ‘revolutionize’ use of safety sensors and switches, says report

Growth of industrial robot market ‘slowed in 2019 but long-term forecast is positive’

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The growth of industrial robot revenues slowed in 2019 but is forecast to pick up again towards late 2020 and accelerate in 2021, according to new market research from Interact Analysis.

The market intelligence firm released a new market report focusing on the industrial robot market which outlines reasons to be positive in the sector, despite an immediate, short term decline in revenues. [Read more…] about Growth of industrial robot market ‘slowed in 2019 but long-term forecast is positive’

3D printed diamonds: Large companies forecast to spend $3 billion on 3D printing by next year

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Sales of products related to 3D printing by large public companies is expected to grow by 12.5 percent to top $3 billion by 2020, according to a study from Deloitte.

Much of it will come from greater use of metal parts in applications beyond rapid prototyping – manufacturing and / or repair.

As background, the global manufacturing sector’s revenue as a whole totals approximately $12 trillion annually. [Read more…] about 3D printed diamonds: Large companies forecast to spend $3 billion on 3D printing by next year

5 Industries That Can’t Do Without Custom Machining

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Precision and efficiency have become the leading demands for manufacturing. Modern equipment is rapidly changing.

New, sturdier and harder materials are used, complex geometries with tight tolerances and fine surface finishes are required and all of that has to be done at a faster pace.

This race toward product perfection involves using professional custom machining services for more and more industries for a lot of different purposes. Let’s see, which modern industries simply can’t manage without custom machining. [Read more…] about 5 Industries That Can’t Do Without Custom Machining

Yamaha invests in drone tech startup Exyn

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Yamaha Motor Ventures & Laboratory Silicon Valley, the strategic business development and investment arm of Yamaha Motor, has participated in the $16 million Series A funding round for Exyn Technologies, a developer of autonomous aerial robotics for GPS-denied environments.

The investment is one of the first out of the $100 million Yamaha Motor Exploratory Fund established in 2018 and activated this year. The Exyn investment reflects YMVSV’s interest in developing innovation in the aviation sector.

George Kellerman, CEO and managing director of YMVSV, says: “Advanced aerial autonomy technologies have broad impacts across industry sectors, making Exyn Technologies a very attractive exploratory investment for us. [Read more…] about Yamaha invests in drone tech startup Exyn

Robert Bosch Venture Capital leads growth funding round in MegaRobo

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Robert Bosch Venture Capital, the corporate venture capital company of the Bosch Group, is leading a growth financing round in MegaRobo. 

The Chinese high-tech robotic company with over 100 employees is headquartered in Beijing and integrates cutting-edge machine vision and artificial intelligence (AI) to provide modular automation solutions for lab automation, smart retail and light industrial sectors.

“MegaRobo’s technology increases efficiency in production automation. Already today, robots from MegaRobo are used for special applications in the end-of-line production of household appliances at Bosch”, says RBVC managing director Dr Ingo Ramesohl.

[Read more…] about Robert Bosch Venture Capital leads growth funding round in MegaRobo

JMP Solutions earns new control system integration certification

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JMP Solutions, industrial technology partner to Fortune 1000 companies, has earned CSIA Certified status in the Control System Integrators Association “Best Practices and Benchmarks” certification program.

This marks the 13th year JMP has held this coveted certification with CSIA, after receiving its initial certification in 2006. JMP is one of only 83 companies in the world that is CSIA certified.

JMP Solutions earned the certification following a successful audit administered by an independent consulting firm that assessed its performance against client-centric criteria in a wide range of business, project management, and system development categories. [Read more…] about JMP Solutions earns new control system integration certification

Universal Robots looks for opportunities created by Malaysia’s Industry4WRD program

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Universal Robots, a collaborative robots maker, has identified Malaysia as a key growth market in line with the country’s increased focus on automation and robotics, as outlined in its national policy on Industry 4.0, called “Industry4WRD”, to transform its manufacturing sector.

The manufacturing sector, comprising 98.5 percent of Malaysian SMEs, serves as a major contributor to the country’s economy. In 2018, the sector contributed 22.4 percent of GDP, roughly RM 325 billion.

Sakari Kuikka, general manager, Southeast Asia and Oceania at UR, says: “Malaysia deployed just 45 units of industrial robots per 10,000 employees in 2017, almost 50 percent below the global average of 85 units. [Read more…] about Universal Robots looks for opportunities created by Malaysia’s Industry4WRD program