Robotics & Automation News

Market trends and business perspectives

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IFR report: Global investment in industrial robots reaches record $16.5 billion

The new World Robotics report, released by the International Federation of Robotics, shows an annual global sales value of $16.5 billion in 2018 – a new record.

At least 422,000 units were shipped globally in 2018 – an increase of 6 percent compared to the previous year.

IFR forecasts shipments in 2019 will recede from the record level in 2018, but expects an average growth of 12 percent per year from 2020 to 2022. [Read more…] about IFR report: Global investment in industrial robots reaches record $16.5 billion

Record sales of collaborative robots reveal increasing demand for end-of-arm tooling

With a growth of 23 percent in annual installations of collaborative robots from 2017 to 2018, the new World Robotics Report, published by International Federation of Robotics, shows a huge demand for end-of-arm-tooling, (EoAT).

In 2018 almost 14,000 new cobot arms were installed, and if this trend continues, that number will double in approximately three years, prompting an unprecedented EoAT market opportunity that OnRobot is ready to address.

For the first time ever, the annual World Robotics Report includes a specific analysis on the market for cobots, documenting a robust 23 percent growth worldwide. [Read more…] about Record sales of collaborative robots reveal increasing demand for end-of-arm tooling

Top 10 product lifecycle management applications by install base

Product lifecycle management software is mainly used to manage the design and manufacturing process. 

Actually it can help with other aspects of the process such as research and development and supply chain logistics. And if it’s connected to administration tools, such as customer relations management, usually referred to as CRM, and enterprise resource planning software, which is often called ERP, PLM systems can become even more powerful.

The PLM system originated in the 1980s in the auto-making business but is now used across a wide range of industries, but still mostly traditional manufacturing sectors.

The usage of PLM is growing, with several reports predicting the market for the software reaching approximately $65 billion to $75 billion by 2022.  [Read more…] about Top 10 product lifecycle management applications by install base

Universal Robots says it has 10,000 collaborative robots installed around the world

Universal Robots says it has shipped 10,000 of its collaborative industrial robots worldwide so far.

The company, which is believed to be the first robot manufacturer to have launched a collaborative industrial robot model, made the announcement through a Twitter post.

More as we get it…