Robotics & Automation News

Market trends and business perspectives

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Global food and beverage robotic systems integration market for pick and place application to surpass $40 million by 2025

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The global food and beverage robotic system integration market for pick and place application was estimated at $17.5 million in 2017 and is projected to reach $40.1 million by 2025, according to a new market study published by Coherent Market Insights.

The North America market is projected to reach $11.12 million by 2025 with a compound annual growth rate of 11.02 percent. Increasing demand for robotics for application in various industries has become one of the key factors for growth of this market.

According to Robotic Industries Association, in 2015, a total of 31,464 robots valued at $1.8 billion were ordered by North American companies of different industries, an increase of 14 percent in units and 11 percent in revenue over previous year. [Read more…] about Global food and beverage robotic systems integration market for pick and place application to surpass $40 million by 2025

Comau unveils new ‘lightweight, ruggedized’ version of its exoskeleton

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Comau Robotics has unveiled a new “lightweight, ruggedized” version of its exoskeleton.

The new Mate-XT wearable exoskeleton “fully accommodates the specific needs of workers in demanding industrial, non-industrial and open-air environments”, says Comau.

Featuring a slim, lightweight carbon fiber structure and an intuitive regulation system, the water, dust, UV-light and temperature resistant design can be quickly adjusted to fit virtually any body frame. [Read more…] about Comau unveils new ‘lightweight, ruggedized’ version of its exoskeleton

Vecna Robotics headquarters switches to 100 percent renewable energy

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Vecna Robotics has switched to 100 percent renewable energy at its headquarters.

The company says it has a culture of “giving back and going green”.

The company’s Mass Save energy assessment audit found that the office building was fully up to code with the most efficient lighting and utilities. [Read more…] about Vecna Robotics headquarters switches to 100 percent renewable energy

Autonomous shuttle market forecast to be worth $18 billion

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The autonomous shuttle market is forecast to be worth $18 billion by IDTechEx, which includes driverless minibuses and small, sidewalk delivery robots in the category. 

An increasing number of commercial vehicles are going battery-electric, assisted by battery life of one million miles and ranges of up to 600 miles being imminent. Shenzhen alone has 70,000 electric logistics vehicles.

Next come robot buses, robotrucks and robotaxis with driver elimination reducing cost by intensive use. IDTechEx has a report on the topic, Electric, Hybrid & Fuel Cell Light Commercial Vehicles 2021-2041. [Read more…] about Autonomous shuttle market forecast to be worth $18 billion

‘Seismic shift’ happening in manufacturing sector, says new report

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There is a seismic shift happening in the manufacturing industry as it advances towards Industry 4.0, according to a new report by Ericsson.

The telecommunications technology company recently launched its Connected Manufacturing report, which explores challenges the industry is up against and how smart solutions will be “key in helping manufacturers gearing up for Industry 4.0”.

Specifically, the report offers a deep-dive analysis of five high-value use cases and technologies that address the most imminent points in the industry. [Read more…] about ‘Seismic shift’ happening in manufacturing sector, says new report

Bobacino launches robotic tea bar

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A startup company called Bobacino has launched its automated Boba Tea Bar, which uses a robotic arm to make beverages for customers. (See video below.)

Bobacino says it is bringing the “unique boba tea experience” to a growing audience of boba aficionados and new enthusiasts through advanced artificial intelligence, automation and robotics.

The company has launched on StartEngine, a crowdfunding platform, to target a market that it forecasts is set to hit $8.4 billion by 2024. [Read more…] about Bobacino launches robotic tea bar

Jeff Brown’s latest prediction on stock markets: The second wave

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Stock markets are always unpredictable. You can lose money in split seconds or become a millionaire too.

However, Jeff Brown views the stock market differently, and losing is not his portion. He believes in seizing opportunities in current technologies and situations.

Jeff can predict potential brands to invest in for great profits in the future. During his latest prediction (the second wave), Brown feels the current market is not stable and poses a great risk in the near future. [Read more…] about Jeff Brown’s latest prediction on stock markets: The second wave

RE2 Robotics achieves 50 percent hiring growth despite pandemic

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RE2 Robotics, or “Resquared Robotics”, a developer of intelligent mobile manipulation systems, announced today that the Company has already reached its 2020 hiring goal of increasing its staff by 50 percent.

In particular, 83 percent of the new hires were engineers from a variety of disciplines, including mechanical, electrical, and software engineering.

In addition, the Company has added to its operations team with the hiring of a head of talent, director of IT, and accountant, and has augmented its production team with the addition of a CNC machinist and lab assistant. [Read more…] about RE2 Robotics achieves 50 percent hiring growth despite pandemic

Global Industrial Impact of Covid-19

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Covid-19 is not just a global pandemic and public health crisis. Industries around the world are adjusting to a new normal, but normal is no longer an option.

Strict social distancing rules have left many manufacturing businesses with fewer staff and, in some countries, these industries have had to close their doors to try and flatten the curve of infections.

As many manufacturing plant managers know, switching production on and off is not an easy or affordable task. Below we have highlighted just a few of the ways Covid-19 has impacted global industrial manufacturing. [Read more…] about Global Industrial Impact of Covid-19

4 Ways Self-Driving Cars Will Change Our Lives

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Automotive technology has come a long way over the years, and as you may know already, autonomous cars will be the next big innovation. Autonomous cars, also known as self-driving cars, are vehicles that use advanced technology to drive themselves.

They do not require the input or supervision of a human driver. Some of the giant motor vehicle manufacturers have actually produced dozens of these vehicles by now, but it seems there will be a long wait before we can have these driverless cars everywhere. Nonetheless, here are four ways self-driving cars will change our lives. [Read more…] about 4 Ways Self-Driving Cars Will Change Our Lives

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