Robotics & Automation News

Market trends and business perspectives

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Global semiconductor manufacturing equipment sales reach all-time record $108 billion

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Worldwide sales of semiconductor manufacturing equipment increased 5 percent from $102.6 billion in 2021 to an all-time record of $107.6 billion last year, SEMI, the industry association representing the global electronics design and manufacturing supply chain.

The data is now available in the Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.

For the third consecutive year, China remained the largest semiconductor equipment market in 2022 despite a 5 percent slowdown in the pace of investments in the region year over year, accounting for $28.3 billion in billings. [Read more…] about Global semiconductor manufacturing equipment sales reach all-time record $108 billion

Exotec manufactures milestone 5,000th robot in record time

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Exotec, a warehouse robotics provider, has manufactured its 5,000th robot, just three months after the production of its 4,000th robot.

The company claims this is the “shortest time yet” between manufacturing milestones, signifying an increasing business momentum driven by the growing demand for warehouse automation.

The completion of the 5,000th robot, which will be named “Monu” (short for “Monumental”), is a landmark moment for the industrial unicorn, which has seen considerable growth across the UK, Europe and internationally. [Read more…] about Exotec manufactures milestone 5,000th robot in record time

Growth in electric vehicle manufacturing drives industrial robot sales to record highs in North America

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Data released by the Association for Advancing Automation show that 44,196 robots were ordered in 2022, up 11 percent over 2021. The record results are credited to a resurgence in sales to automotive companies looking to boost electric vehicle production.

Driven by the resurgence in robot orders from automotive companies, the North American robotics market set all-time records in both robots sold and value in 2022.

According to the report from the Association for Advancing Automation (A3), North American companies ordered 44,196 robots valued at $2.38 billion last year, representing increases of 11 percent and 18 percent, respectively, over 2021, the previous record. [Read more…] about Growth in electric vehicle manufacturing drives industrial robot sales to record highs in North America

Autonomous car from Italian university wins the racing challenge

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A team called PoliMOVE, from Politecnico di Milano in Italy, has won the second annual Indy Autonomous Challenge @ CES.

The team’s car reached a maximum speed of 180 mph (290Km/h), a new autonomous speed world record for a racetrack.

Pushing boundaries of head-to-head autonomous-racing, PoliMOVE competed at the Las Vegas Motor Speedway against a field of nine teams from 17 universities spanning six countries, seeking to break autonomous racing records. [Read more…] about Autonomous car from Italian university wins the racing challenge

North American robot sales on track for another record year for 2022

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North American robot sales in the first nine months of 2022 reached record levels, with all indications pointing to 2022 ending with the highest number of robots sold in a year for the second year in a row.

According to the Association for Advancing Automation (A3), from January to September 2022, North American companies purchased 35,804 units valued at $1.875 billion, up 24 percent for units ordered and 27 percent for revenue over the same period in 2021.

Jeff Burnstein, president of A3, says: “Ongoing labor shortages, easier-to-use robotic solutions and new industries embracing robotics, such as restaurants, retail, construction and even agriculture, have led to record units sold here in North America this year. [Read more…] about North American robot sales on track for another record year for 2022

Robot sales reach record high in North America for third consecutive quarter

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For the third-straight quarter, robot sales in North America hit a record high, driven by a resurgence in sales to automotive companies and an ongoing need to manage increasing demand to automate logistics for e-commerce.

According to the Association for Advancing Automation (A3), of the 12,305 robots sold in Q2 2022, 59 percent of the orders came from the automotive industry with the remaining orders from non-automotive companies largely in the food and consumer goods industry, which saw a 13 percent increase in unit orders over the same period, April through June, in 2021.

Jeff Burnstein, A3 President, says: “While automotive entities have long been the frontrunner in deploying robotics and automation, the last few years have seen food & consumer goods, life sciences and other industries grow at even higher rates. [Read more…] about Robot sales reach record high in North America for third consecutive quarter

AGCO taps mobility software experts Apex.AI for its robotic planting concept

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Apex.AI, a company developing safety-certified software for mobility and autonomous applications, says that AGCO, a worldwide manufacturer and distributor of agricultural machinery and precision agriculture technology, is adding new capabilities to its Fendt Xaver concept vehicle, an autonomous farming robot, by incorporating Apex.OS, a software development kit (SDK).

Apex.AI has enabled AGCO’s engineering team to integrate several autonomous driving components into the Fendt Xaver in a tight timeframe, including lidar object detection, collision checking and planning, using the state-of-the-art framework and developer tools that come with Apex.OS.

This technical partnership expands an existing relationship between the two companies. In December 2021, AGCO announced a strategic investment in Apex.AI. [Read more…] about AGCO taps mobility software experts Apex.AI for its robotic planting concept

Universal Robots records best ever Q1 results

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Universal Robots, the Danish producer of collaborative robots, has reported record Q1 revenue of $85 million, 30 percent up on its 2021 Q1 revenue.

The company’s chief financial officer, Kim Nørgaard Andreasen said: “Reporting record Q1 revenue at a time when businesses across the world are facing disruption from the pandemic, supply chain challenges and conflict is a testament to the role collaborative automation can play in helping our customers stay competitive.

“In addition to record revenue, we have been pleased this quarter to welcome 80 new employees to our rapidly growing company.” [Read more…] about Universal Robots records best ever Q1 results

Indy Autonomous Challenge racecar sets new speed record for driverless vehicle

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The Indy Autonomous Challenge racecar, a Dallara AV-21 programmed by team PoliMOVE from Politecnico di Milano, Italy, and the University of Alabama, USA, has set a new land speed world record of 192.2 mph / 309.3 kph at the historic Kennedy Space Center.

Operating the Dallara AV-21, PoliMOVE set out to push the limits of a boosted engine package during test runs yesterday at Space Florida’s Launch & Landing Facility at Kennedy Space Center.

The upgraded engine package, capable of delivering 30 percent more horsepower than previous models, will be on all IAC racecars moving forward. Future competitions will be announced in the coming months. [Read more…] about Indy Autonomous Challenge racecar sets new speed record for driverless vehicle

How Important is an Accounting System for an E-Commerce Business

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Accounts and E-commerce

The accounts branch is the most important department of a business. It is not the mere record of the transaction, profit, and loss or record of the money but it also helps to analyze the performance of a business.

An effective accounting system enables the owners and managers to take timely decisions that can be fruitful for the better performance of the business.

The E-commerce system is the fastest emerging business technique in the world of information and communication technology. [Read more…] about How Important is an Accounting System for an E-Commerce Business