Robotics & Automation News

Market trends and business perspectives

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Buyers don’t all know the potential of robots nor who can supply them, says Lux Research

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Potential buyers are not aware of the potential of robots, nor which companies can supply and integrate them into their business, according to a report by Lux Research.

The research company says businesses are “increasingly using robotics” across a wide variety of industries, but many companies still fail to understand what’s currently possible with today’s technology or which vendors can provide the solutions they need.

In its new report, Building Robotics Solutions, Lux Research attempts to create a framework for selecting robotics vendors based on the key capabilities and level of customization required. [Read more…] about Buyers don’t all know the potential of robots nor who can supply them, says Lux Research

Robotics one of the hottest investment sectors of the decade, says Silicon Valley Bank report

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Entrepreneurs have invested more money in robotics than all other sectors combined, according to a new report by Silicon Valley Bank.

In a report called The Future of Robotics, SVB says: “Investment in robotics has significantly outpaced the rest of venture (financing), making robotics one of the hottest sectors of the decade.”

SVB’s data shows that robotics venture capital funding represented 55 percent of all venture financing (see bar chart below). [Read more…] about Robotics one of the hottest investment sectors of the decade, says Silicon Valley Bank report

Coronavirus pandemic causing grocers to invest in robotics, says report

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The coronavirus pandemic is causing grocers to invest more in robotics, according to a study published by the Retail Analytics Council ahead of the Retail Robotics and AI Conference.

The RAC retail robotics research report, Emerging Trends in Retail Robotics, says the Covid-19 outbreak gives grocers an additional reason to use robots in retail – “to assist with customer and employee safety”.

However, the industry was already expanding its use of robots, notes the RAC in its report. [Read more…] about Coronavirus pandemic causing grocers to invest in robotics, says report

Agricultural robots and AI: A question of when and not if

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Robotics and artificial intelligence will drive a deep and transformative change in the agricultural world during the coming decades, according to a new report by IDTechEx.

Seeing, localising, and taking plant-specific intelligent action are no longer the exclusive realm of humans, says the research company.

Machines have demonstrated the technical viability and the emphasis has long shifted to the finer details of return on investment, reliability, business model, and so on. [Read more…] about Agricultural robots and AI: A question of when and not if

North American semiconductor equipment industry posts high earnings

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North America-based manufacturers of semiconductor equipment posted $2.49 billion in billings worldwide in December 2019.

This is according to the December Equipment Market Data Subscription Billings Report published today by SEMI.

The billings figure is 17.5 percent higher than the final November 2019 level of $2.12 billion. [Read more…] about North American semiconductor equipment industry posts high earnings

Autonomous buses and shuttles reflect ‘strong societal trends’, says report

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Autonomous buses and robotic shuttles reflect “strong societal trends”, such as ageing populations who are less mobile and the record numbers of people moving to cities, according to a new report.

These are among the findings of a study by IDTechEx, Robot Shuttles and Autonomous Buses 2020-2040, said to be the first in-depth report on the subject.

Robot shuttles are an important new, reconfigurable form of transportation for goods and people that may even function as mobile offices, workshops, restaurants and more. [Read more…] about Autonomous buses and shuttles reflect ‘strong societal trends’, says report

Growth of industrial robot market ‘slowed in 2019 but long-term forecast is positive’

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The growth of industrial robot revenues slowed in 2019 but is forecast to pick up again towards late 2020 and accelerate in 2021, according to new market research from Interact Analysis.

The market intelligence firm released a new market report focusing on the industrial robot market which outlines reasons to be positive in the sector, despite an immediate, short term decline in revenues. [Read more…] about Growth of industrial robot market ‘slowed in 2019 but long-term forecast is positive’

Collaborative robotics market to account for 30 per cent of total robot market by 2027, says report

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The collaborative robotics market is forecast to account for approximately 30 per cent of the total overall robot market by 2027, according to a report by Interact Analysis.

The growth rate of collaborative robots is leading the robotics industry, adds the researcher.

Logistics will “surpass automotive” to be the second largest end user of collaborative robots by 2023, with electronics in first place. [Read more…] about Collaborative robotics market to account for 30 per cent of total robot market by 2027, says report

Robotics poised to increase productivity and reshore manufacturing, says new report

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Robotics and automation technologies are likely to increase productivity and reshore manufacturing, according to a new report.

As the adoption and use of robotics increase, a new report from the Information Technology and Innovation Foundation, the world’s top-ranked think tank for science and technology policy, evaluates the impact robotics is likely to have on the future of production.

The report shows that robotics has the potential to reshore manufacturing production to developed countries, and it argues that most forecasts exaggerate the impact automation brought by robotics will have on employment. [Read more…] about Robotics poised to increase productivity and reshore manufacturing, says new report

Record sales of collaborative robots reveal increasing demand for end-of-arm tooling

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With a growth of 23 percent in annual installations of collaborative robots from 2017 to 2018, the new World Robotics Report, published by International Federation of Robotics, shows a huge demand for end-of-arm-tooling, (EoAT).

In 2018 almost 14,000 new cobot arms were installed, and if this trend continues, that number will double in approximately three years, prompting an unprecedented EoAT market opportunity that OnRobot is ready to address.

For the first time ever, the annual World Robotics Report includes a specific analysis on the market for cobots, documenting a robust 23 percent growth worldwide. [Read more…] about Record sales of collaborative robots reveal increasing demand for end-of-arm tooling

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