Robotics & Automation News

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Autonomous mobile robots market expected to expand at 22 percent a year

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In 2022, the market for autonomous mobile robots was expected to be worth $2.85 billion. By 2032, the market is anticipated to reach a value greater than $20.99 billion. The forecast period is expected to see this market expand at a compound annual growth rate of 22.1 percent, according to Fact Market Research.

The rising demand for automation in manufacturing and logistics industry is expected to drive the growth of the autonomous mobile robots market. The increasing need to reduce operational costs, improve efficiency and accuracy, and enhance productivity is anticipated to boost the growth of the market.

The growing trend of automation in warehousing operations is also a major factor driving the growth of the autonomous mobile robots market. The growing demand for these robots in industrial applications is expected to continue to fuel the growth of the market. [Read more…] about Autonomous mobile robots market expected to expand at 22 percent a year

Qualcomm releases ‘groundbreaking IoT and robotics’ platforms

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Qualcomm Technologies has launched what it says are “the world’s first” integrated 5G IoT processors that are designed to support four major operating systems, in addition to two new robotics platforms, and an accelerator program for IoT ecosystem partners.

These new innovations will empower manufacturers participating in the rapidly expanding world of devices at the connected intelligent edge.

The need for connected, intelligent, and autonomous devices is growing rapidly, and it is expected to hit $116 billion by 2030 according to Precedence Research. Businesses attempting to compete in this fast-moving economy need a reliable source of control and connectivity technology for their IoT and robotic devices. [Read more…] about Qualcomm releases ‘groundbreaking IoT and robotics’ platforms

Labor shortages set to propel shipments of outdoor mobile robots to 350,000 by 2030

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Rapid advancements in fundamental techniques, such as navigation, manipulation, and functional safety, have made robots more intelligent, agile, and safer.

Mobile robots are a proven ideal companion for humans performing mission- and business-critical tasks in outdoor environments. According to global intelligence firm ABI Research, shipments of outdoor mobile robots will grow from 40,000 units in 2021 to reach 350,000 by 2030, a compound annual growth rate of 27 percent.

With the successful deployment of mobile robots for successful navigation, manipulation, and functional safety in material handling, transporting, and cleaning, companies are now looking to deploy robots for outdoor applications for the same reasons. [Read more…] about Labor shortages set to propel shipments of outdoor mobile robots to 350,000 by 2030

Vecna Robotics unveils ‘major software release’

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Vecna Robotics, a specialist in material handling automation solutions, has unveiled what it describes as “a major software release and hardware upgrades” to its AFL-class autonomous forklift.

The new capabilities expand the company’s reach within warehouse and factory floors by optimizing material transport between other machinery and equipment, with specific focus on low-lift workflows.

The update supports numerous above-ground workflows including: inbound staging to AS/RS induction; delivering materials to ergonomic lift stands for work-in-process flows; and loading and extracting from robotic palletizers and stretch wrappers. [Read more…] about Vecna Robotics unveils ‘major software release’

Swisslog to deliver another AutoStore to Bring Parcels’ major venture in Copenhagen

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In early 2021, Swisslog signed a framework agreement with Bring Parcels for the supply of warehouse automation for the logistics company’s new fulfillment solution “Shelfless”.

A decision has now been made to build the fully automated fulfillment solution also in Køge outside Copenhagen.

It is now clear that Bring will build its third automated AutoStore facility, this time in Køge outside Copenhagen. The facility is expected to be completed in the first quarter of 2023. The service already operates in Oslo and a facility is under construction in Stockholm. [Read more…] about Swisslog to deliver another AutoStore to Bring Parcels’ major venture in Copenhagen

Delivery robot startup Serve Robotics raises $13 million in seed funding round

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Serve Robotics, an autonomous sidewalk delivery robot company, has closed a $13 million expanded seed funding round.

The companies participating were strategic investors Uber Technologies; Delivery Hero backed DX Ventures; 7-Eleven’s corporate venture arm, 7-Ventures; and Wavemaker Partners’ food automation focused venture studio Wavemaker Labs.

The new round extends Serve’s previous seed funding and includes participation by existing seed investors Neo, Western Technology Investment, and Scott Banister among others. [Read more…] about Delivery robot startup Serve Robotics raises $13 million in seed funding round

Advanced driver assistance systems market projected to reach $60 billion by 2026

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The advanced driver assistance system market is likely to exceed a valuation of $60 billion by the end of 2026, according to a research report by Global Market Insights.

Growing number of research and development activities centered on integrating technologies like AI to enhance passenger safety is stimulating the development of new ADAS systems.

The advanced driver assistance systems form an integral and intelligent cog of the automobile interiors. These systems assist the main driver in ample ways by providing them the vital information about traffic, roadblock, congestion levels, suggested routes, and others. [Read more…] about Advanced driver assistance systems market projected to reach $60 billion by 2026

Top 5 Cases to Use AI in Manufacturing

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Artificial Intelligence and machine learning continue to be the greatest driving forces powering the manufacturing industry today.

Over 60% of manufacturing companies have already adopted AI technology to increase operational efficiency, reduce downtime, and deliver high-quality products that meet unique consumer demands.

According to Global AI in Manufacturing Market Trends, the market is projected to reach $16.7 billion by 2026, registering a CAGR of 57.2% during the forecast period. [Read more…] about Top 5 Cases to Use AI in Manufacturing

Sustainable plastics will make up more than 15 percent of production by 2030, says report

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Sustainable plastics will make up more than 15 percent of production by 2030, according to a new report by Lux Research. 

Future projections of a circular economy emphasize that a combination of recycled and bio-based resources will serve as a feedstock for plastic needs, says the market analyst.

However, it adds that in order for the “idealistic future” to be realized, there must be a major investment in new technologies, including advanced recycling tech and bio-based plastic capacity. [Read more…] about Sustainable plastics will make up more than 15 percent of production by 2030, says report

AHS partners with Caja Robotics to bring robotic fulfillment to major distribution facility

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Advanced Handling Systems is partnering with Caja Robotics to optimize a Midwest distribution facility for a major retailer.

AHS, a full-service systems integrator located in Erlanger, Kentucky, is a premier US partner of Caja Robotics and will be completing the installation and deployment of approximately 100 robots in the new facility.

Caja Robotics is a visionary software and robotics company that is committed to advancing warehouse operations through its proprietary, smart, and flexible goods-to-person robotic fulfillment solution. [Read more…] about AHS partners with Caja Robotics to bring robotic fulfillment to major distribution facility