Robotics & Automation News

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2023 Predictions & Forecasts: Five challenges for warehouse management, according to AutoStore

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AutoStore has launched a new benchmark report with insights from more than 300 C-level business leaders in warehouse management and fulfillment.

Survey participants identified the top three current challenges facing organizations as: rising energy costs (32 percent), increasing labor costs (27 percent), and supply chain and shipping constraints (26 percent).

Ellen Brune, head of global strategic accounts at AutoStore, says: “There is a need to operate more efficiently, which is perhaps why nearly nine in 10 organizations either have, or are planning to install, automation technology in their warehouse in 2023. [Read more…] about 2023 Predictions & Forecasts: Five challenges for warehouse management, according to AutoStore

How to Inspect a Car Before You Buy it

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When you use an online car auction site like SCA, you may be wondering if you can inspect the auto auction vehicles before you bid on them. Because they are online auto auctions, you have the benefit of direct access to auto auctions all over the United States, but that can make inspecting the cars before buying them a challenge.

As you browse the auction site, you may notice that the salvage autos from auctions have a thumbnail photo of the car you can click that will take you to the listing description. In the descriptions, you will find a lot more information about the vehicle. [Read more…] about How to Inspect a Car Before You Buy it

300,000 tons in carbon emissions ‘could be saved by autonomous oil and gas operations’

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ABB has published another of its Energy Transition Equation reports that shows how industrial customers can reduce carbon emissions and manage the energy transition for a more sustainable future.

Based on nine months of research and modelling, the report highlights how early adoption and integration of automation, digitalization, and electrification technologies to enable autonomous operations can deliver savings of over 300,000 tons of carbon emissions per annum for offshore sites (approximately 25 percent reduction).

This is the equivalent of removing 150,000 combustion cars from the road and is the same volume of CO2 responsible for five million tons of glacier mass lost each year. [Read more…] about 300,000 tons in carbon emissions ‘could be saved by autonomous oil and gas operations’

Global spending on semiconductor fabrication equipment forecast to reach ‘all-time high’ of almost $100 billion in 2022

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Global fabrication equipment spending for front-end facilities is expected to increase approximately 9 percent year-over-year to a new “all-time high” of $99 billion in 2022, according to SEMI.

The industry association revealed its prediction in its latest quarterly World Fab Forecast report. The report also shows the global fab equipment industry increasing capacity this year and again in 2023.

Ajit Manocha, SEMI president and CEO, says: “After achieving a record level in 2022, the global fab equipment market is projected to remain healthy next year driven by new fabs and upgrade activity.” [Read more…] about Global spending on semiconductor fabrication equipment forecast to reach ‘all-time high’ of almost $100 billion in 2022

Autonomous trucks make the ‘most compelling case’ for automation in commercial vehicles, says report

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Autonomous trucks make “the most compelling case for automation in commercial vehicles”, according to a new report.

The new IDTechEx study, Heavy-Duty Autonomous Vehicles 2023-2043: Trucks, Buses & Roboshuttles, has found significant activity in the autonomous heavy-duty and commercial vehicle space.

Today, there are hundreds of vehicles around the globe in various stages of trialing, piloting, and even some companies teetering on the precipice of fully unmanned commercial deployment. Each industry has unique strengths and challenges, here are some key findings from the report. [Read more…] about Autonomous trucks make the ‘most compelling case’ for automation in commercial vehicles, says report

Global semiconductor equipment sales grow 5 percent to $25 billion

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Global semiconductor equipment billings grew 5 percent year-over-year to $24.7 billion in the first quarter of 2022, according industry association SEMI.

The figures were revealed in SEMI’s Worldwide Semiconductor Equipment Market Statistics Report. Quarter-over-quarter billings in the seasonally soft first quarter declined 10 percent.

Ajit Manocha, SEMI president and CEO, says: “Year-over-year first quarter equipment revenue growth is in sync with positive forecasts for 2022 as the semiconductor industry continues its robust increase of fab capacity. North America and Europe logged healthy quarter-over-quarter rises in equipment spending as they intensify efforts to bolster domestic chipmaking.” [Read more…] about Global semiconductor equipment sales grow 5 percent to $25 billion

Financial analyst Cowen teams up with MassRobotics to examine robotics and climate change

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Investment research company Cowen and startup incubator MassRobotics announced a groundbreaking research report on the increasing role robotics is playing in helping companies achieve climate goals.

Joe Giordano, CFA, Cowen’s diversified industrials, automation and robotics analyst, led the Ahead Of The Curve Series report, which incorporated a survey from MassRobotics that polled manufacturers and end-users to understand where robotics is positioned within their climate toolkit.

Joe Giordano, says: “The robotic technologies we explore in this report are maximizing the output (GDP) per unit of carbon and minimizing the carbon needed to achieve a targeted level of activity. [Read more…] about Financial analyst Cowen teams up with MassRobotics to examine robotics and climate change

Spending on semiconductor fabrication equipment expected to reach record $107 billion in 2022

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Global fab equipment spending for front-end facilities is expected to jump 18 percent year-over-year to an all-time high of $107 billion in 2022, marking a third consecutive year of growth following a 42 percent surge in 2021, according to a report by industry association SEMI.

Ajit Manocha, president and CEO of SEMI, says: “Crossing the $100 billion mark in spending on global fab equipment for the first time is a historic ​milestone for the semiconductor industry.

“This ​significant achievement is a tribute to the relentless drive to add and upgrade capacity to address a diverse range of markets and emerging applications, solidifying expectations for long-term industry growth to enable electronics for the digital world.” [Read more…] about Spending on semiconductor fabrication equipment expected to reach record $107 billion in 2022

Amazon introduces home monitoring robot

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Amazon has launched a small, humanoid-ish security robot for the home, called Astro, although it’s currently only available “exclusively by invitation”, whatever that means. 

The online retail giant, which probably operates the largest fleet of autonomous warehouse robots in the world, says Astro is a “household robot for home monitoring”.

On its website, Amazon adds: “When you’re away, use the Astro app to see a live view of your home, check in on specific rooms and viewpoints, and get activity alerts. [Read more…] about Amazon introduces home monitoring robot

2022 Healthtech Forecast: Record-Breaking Technology Expansion

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Artificial intelligence (AI) research has become one of the most active areas in computer science, with an expectation that AI will help to solve many problems in healthcare.

The use of AI technology in healthcare is poised to dramatically improve medicine over the next few years as researchers find new ways to integrate it into patient care and clinical operations.

In 2021, WHO issued its first report on Artificial Intelligence in health. The report is the result of 2 years of consultations held by a panel of experts. [Read more…] about 2022 Healthtech Forecast: Record-Breaking Technology Expansion