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Robotic drilling market projected to grow to more than $8 billion

May 15, 2024 by Mark Allinson

The size of the robotic drilling market is expected to be worth $8,025.65 million in 2028, growing at a compound annual growth rate of 7.5 percent from 2021 to 2028, according to new research by Adroit Market Research.

Robotic drilling is the practice of performing drilling operations in a variety of sectors, such as manufacturing, construction, mining, oil and gas exploration, and more, using robotic systems and automation technologies.

Robotic drilling’s main objective is to increase drilling processes’ efficiency, precision, and safety while minimizing human involvement. Robotic drilling may be used for industrial tasks like making holes or forming components in sectors including electronics, aerospace, and automotive. [Read more…] about Robotic drilling market projected to grow to more than $8 billion

Filed Under: Construction Tagged With: construction, drilling, growth, mining, rate, robot, robotic

Comau unveils new ‘perception-based’ robotic picking solution

September 5, 2023 by David Edwards

Robotics and automation specialist Comau has launched what it calls the “MI.RA/Picker”, describing as an intelligent advanced automation solution for perception-based random bin picking.

Adaptable to any brand of commercial robot, customized bin or customized gripper, the fully automated picking solution uses two high-resolution laser sensors and a central camera to autonomously recognize, locate and grasp randomly placed objects at a rate of up to 40 pieces per minute (PPM).

Furthermore, its streamlined virtual simulation tools and predictive algorithms guarantee optimal path management and collision-free trajectories, for precise and reliable performance while lowering costs and potential risks. [Read more…] about Comau unveils new ‘perception-based’ robotic picking solution

Filed Under: Industrial robots, News Tagged With: advanced, automated, automation, bin, bins, collision-free, comau, customized, intelligent, mi.ra/picker, parts, perception-based, picking, process, random, rate, rigid, sensors, solution, technology, turn-key, vision

ACEINNA launches ‘high performance’ inertial measurement unit for autonomous vehicles robots, and ADAS

April 18, 2023 by Mark Allinson

ACEINNA has announced the general availability of the IMU330RA high performance inertial measurement unit (IMU).

ACEINNA’s new IMU330RA is an easy-to-integrate, high-performance 6-DOF inertial sensor packaged in a ruggedized, sealed over-molded plastic housing at IP69K level.

The IMU330RA features a redundant 3-Axis Accelerometer and 3-Axis Rate Gyroscope sensors for excellent accuracy and reliability.

The module supports both 1000Base-T1 Automotive Ethernet and CAN-FD interfaces and provides up to 1000Hz update rate with low latency. [Read more…] about ACEINNA launches ‘high performance’ inertial measurement unit for autonomous vehicles robots, and ADAS

Filed Under: Computing Tagged With: aceinna, adas, automotive, autonomous, axis, high, imu, inertial, level, measurement, module, perception, performance, ra, rate, sensor, sensors, supports, systems, unit, vehicle, vehicles

Industrial robot components market set for higher growth over next decade

February 1, 2023 by Mark Allinson

The global industrial robot components market is expected to be valued at $6.3 billion in 2023 and it is anticipated to grow at a compound annual growth rate of 13.9 percent to reach $23.2 billion by the end of 2033.

Over the 2018-2022 historical period, the global industrial robot component market registered a compound annual growth rate of 12.5 percent, according to Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 13.9 percent compound annual growth rate between 2023 and 2033.

Market share analysis of industrial robot components based on application and region is provided in a nutshell in the above image. Under the application segment, the robot arm/manipulator sub-segment dominates with a 29.1 percent market share in 2023. [Read more…] about Industrial robot components market set for higher growth over next decade

Filed Under: Features, Industrial robots Tagged With: americas, annual, application, articulated, billion, component, components, compound, demand, growth, increased, industrial, installed, market, percent, period, rate, robot, robots, sector, share, units

Why is Biopharma So Crucial for Our Future?

August 17, 2022 by David Edwards

Biopharmaceuticals are transforming medicine daily and saving countless individuals’ lives.

Biopharmaceuticals, which offer focused treatment and fewer side effects, currently aid patients with cancer, diabetes, cardiovascular disease, immunological illnesses, and other health issues.

This novel method of disease treatment will soon help billions of people all around the planet. [Read more…] about Why is Biopharma So Crucial for Our Future?

Filed Under: Technology Tagged With: antibodies, biologics, biopharma, biopharmaceutical, biopharmaceuticals, components, disease, expansion, genes, ground, help, include, increasingly, molecules, novel, number, people, proteins, rate, recombinant, role, treatment

Worldwide installations of automated guided vehicles at seaports to exceed 150,000

June 19, 2022 by Mark Allinson

Seaports globally have increased their automation solutions or kickstarted automation initiatives to mitigate port congestion.

Equipment like gantries, automated port gates, stacking cranes, and horizontal transport solutions, such as automated guided vehicles (AGVs) that transport containers and loads to and from ships, have been the most productivity-enhancing solutions in seaports.

According to ABI Research, a global technology intelligence firm, worldwide AGV deployments in seaports will have a compound annual growth rate of over 26 percent from 2022 to 2027 and exceed 150,000 global deployments by 2027. [Read more…] about Worldwide installations of automated guided vehicles at seaports to exceed 150,000

Filed Under: Features, Logistics Tagged With: abi, agvs, annual, authorities, automated, automation, compound, data, deployments, global, networks, operations, percent, port, ports, private, rate, seaports, sensors, solutions, streamlined, telco, vehicles, worldwide

Comau brings high-speed robotic precision to the cosmetics industry

May 24, 2022 by David Edwards

Comau has collaborated with Siscodata for the development of an innovative robotic cell designed to clean and manipulate high-end, pre-printed cosmetic bottles without leaving a single scratch.

With the aim of increasing the production capacity for Cosmint, a premium cosmetic manufacturer who works with some of the world’s biggest names in the industry, the System Integrator used two Comau NJ-40 robots within a high-speed depalletizing solution able to pick, rotate and clean custom-printed plastic bottles at an accelerated rate of 150 pieces per minute.

The new cell replaces three standard machines that were previously installed at the Cosmint facilities. [Read more…] about Comau brings high-speed robotic precision to the cosmetics industry

Filed Under: Industrial robots, News Tagged With: bottles, comau, complex, cosmint, depalletizing, fully, industry, percent, production, quality, rate, robots, shipping, siscodata, solution, system

Interview: Formic aims to change the way you integrate robotics and automation into your facility

January 31, 2022 by Mark Allinson

Formic Technologies is a new type of company which, itself, is the result of the huge changes that are occurring in the robotics and automation market, what with all sorts of new robots and technologies emerging, none of which is cheap to buy, and creating an increasing amount of complexity when it comes to implementing them in an integrated system at, say, a factory. 

In simple terms, you can hire robots – for example, Universal Robots collaborative robots – and other automation technologies from Formic. But it’s more than that. You can also have Formic design the implementation, and handle the integration, for which the startup company has many established partners.

And possibly Formic’s unique selling point is its promise to link its income from its customers to those customers’ success with the automation systems Formic installs. In other words, it’s a kind of like a robotics-as-a-service company which you can pay as you go according to a sliding scale – or “Easy to start, easy to scale”, as Formic likes to put it. [Read more…] about Interview: Formic aims to change the way you integrate robotics and automation into your facility

Filed Under: Features, Industrial robots Tagged With: automation, bring, business, company, customers, equipment, formic, going, hourly, hours, integrators, kind, manufacturing, model, rate, robot, robotics, running, system, technology, typically, work

3 Aspects that Impact Car Insurance Rate

January 11, 2022 by David Edwards

Auto insurance may be a little like fashion – it should be the correct match and will be comfy to the wearer. Coverage and services vary from one person to another. The premiums additionally vary and are distinctive to individual needs, professions, and characteristics.

The rates for two individuals might take issue even if the vehicles’ values are similar. Below are the kind of things you are likely to be told a lot regarding the factors that influence automobile insurance rates.

1. Age and Gender

Though it’s entirely out of your hands, age is maybe the foremost important rating factor. Younger drivers are thought of as riskier, so paying a higher insurance rate.

Younger drivers incur the highest insurance rates and people within their mid-lives (about 50 years) pay the lowest rates. Younger drivers might ante up to $5,500 per year, unlike quiet drivers in their mid-life stage.

Automobile insurance corporations base such selections on facts, in line with the Association for Safe International Road Travel (ASIRT).

Road accidents are the leading explanation for death in the US for people under 54 years. About half of these deaths are healthy young adults aged 15 to 44.

The agency paints a grim image of reality: every day, seven teens aged 13-19 die because of automobile crashes.

With such statistics, it’s straightforward to envision why insurers charge younger drivers higher premiums. However, the question is, why do auto insurers charge senior drivers more than individuals in their 50s?

2. Where you live, what you do, and how you manage your finances

Since each state in the US is semi-autonomous, auto insurance laws vary from one state to another. Therefore, insurance rates by car make and model vary depending on your location.

The most recent analysis shows that if you reside in Michigan, the typical motor car insurance rate is over $5,000. The typical auto insurance rate in states like Iowa, San Diego, and Wyoming, is well below $500.

The rates might additionally vary even among a state. Drivers in rural areas pay below those in cities and concrete centers. Why? There’s a higher probability of your car being hit, vandalized, or purloined if you live in cities rather than in rural areas.

Excluding wherever you live, your job and the way you manage your finances also matter to automobile insurers. Some insurers consider the rate.

Careers like home health care employees or US Army veterans are factors in computing the premium. Also, in some states, insurers apply credit score insurance ratings.

An improved credit score interprets to a lower motor car insurance rate and vice versa. However, in California, Hawaii, Massachusetts, Michigan, and Washington, this practice is illegal.

3. Your Relationship With Auto Insurers

Motor car insurance corporations take into consideration the history they have with their clients. Depending on the length of your relationship, your consistency, and therefore the demands you make, they’ll vary your premiums rates.

Insurers consider first-time consumers as riskier. Thus, they charge more for new customers. Also, if you have had an inconsistent relationship – your record has amounts of coverage breaks – the non-depository financial institution can interpret it as an indicator of higher risk.

They perceive it as a period after you were driving as uninsured. In addition, if you have a history of many insurance claims (or claims filed against you), expect a higher premium rate.

Are 4Runners expensive to insure?

There is also a question: Are 4Runners expensive to insure? The age of your Toyota 4Runner can impact your overall auto insurance premiums.

Older 4Runners tend to be more cost-effective to insure than newer 4Runners. 2003 4Runner insurance prices are under Toyota 4Runner auto insurance rates for a more modern model.

The truthful market varies of a vehicle confirmed principally by its age, and that’s however insurers determine what quantity your vehicle has to be covered.

It additionally depends on if you get a rear-wheel drive, 4-wheel drive, or front-wheel drive, yet as alternative choices which will have an effect on your mileage, weight, cubiform feet of freight space, and fuel economy and systems efficiency.

Keep Your Premiums in Check

A lot of factors among your management affect your automobile insurance rate. Currently that you simply recognize those, change your driving style and how you relate with insurers to keep your premiums in check.

Filed Under: Industry Tagged With: auto, automobile, car, drivers, higher, insurance, insurers, premiums, rate, rates, vary

MIPI introduces new networking tech that doubles mobile data transfer rate to 23 gigabits per second

December 15, 2021 by David Edwards

The MIPI Alliance, an international organization that develops interface specifications for mobile and mobile-influenced industries, has unveiled a major update to its MIPI M-PHY physical-layer interface for connecting the latest generation of flash memory-based storage and other high data rate applications in advanced 5G smartphones, wearables, PCs, industrial IoT, and automobiles. 

Version 5.0 of the M-PHY interface adds a fifth gear – “High Speed Gear 5” (HS-G5) at 23.32 Gigabits per second (Gbps) – enabling engineers to double the potential data rate per lane compared with the previous specification. [Read more…] about MIPI introduces new networking tech that doubles mobile data transfer rate to 23 gigabits per second

Filed Under: News, Technology Tagged With: alliance, applications, connecting, data, ecosystem, flash, high, interface, jedec, lane, m-phy, memory, mipi, power, rate, specification, storage, ufs

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