Tag: major
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Mouser Electronics sponsors FIRST Robotics Competition
Mouser Electronics has confirmed its continued sponsorship of the FIRST Robotics Competition, which inspires innovation and fosters well-rounded life capabilities in tens of thousands of young people every year. During the 2022-23 FIRST Robotics Competition season, nearly 100,000 high-school students on more than 3,400 teams from across the world are learning, discovering, and solving engineering…
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Autonomous mobile robots market expected to expand at 22 percent a year
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…
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Qualcomm releases ‘groundbreaking IoT and robotics’ platforms
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…
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Labor shortages set to propel shipments of outdoor mobile robots to 350,000 by 2030
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…
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Vecna Robotics unveils ‘major software release’
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…
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Swisslog to deliver another AutoStore to Bring Parcels’ major venture in Copenhagen
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…
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Delivery robot startup Serve Robotics raises $13 million in seed funding round
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…
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Advanced driver assistance systems market projected to reach $60 billion by 2026
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…
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Top 5 Cases to Use AI in Manufacturing
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…
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Sustainable plastics will make up more than 15 percent of production by 2030, says report
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…