Robotics & Automation News

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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

Industrial robotics market set to grow more than 10 percent a year, says report

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The global market for industrial robots is set to grow by more than 10 percent a year, according to a new study by Market Research Future.

MRF’s report, Industrial Robotics Market information by Type, by End-Users, by Application and Region – forecast to 2027, says the sector will grow at a compound annual growth rate of 10.32 percent by 2026.

Industrial robotics are robotic systems designed to work mainly on assembly lines. The report covers trends in manufacturing and opportunities for the industry for the forecast period (2020-2027). [Read more…] about Industrial robotics market set to grow more than 10 percent a year, says report

ABB claims 20 percent share of $14 billion distributed control systems market

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ABB claims it has “global market leadership” in the distributed control systems market, and that this claim has been confirmed “for 22nd consecutive year”. The industrial giant is making the claim after a report by the ARC Advisory Group.

ARC’s report calculates that ABB’s Distributed Control Systems (DCS) maintained a “leading share” of around 20 percent in 2020 in a market worth more than $14 billion .

During 2020, ABB saw growth across key regions, despite the impact of the pandemic on the DCS market across industry. [Read more…] about ABB claims 20 percent share of $14 billion distributed control systems market

‘Robotaxis will be disruptive to conventional taxis and ride-hailing, but not car ownership’, says new report

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Robotaxis remain one of the most pursued applications for autonomous vehicle technologies today, with many developers envisioning an end to – or at least a significant reduction in – car ownership.

Developers of autonomous vehicles, specifically those focused on Level-4 self-driving vehicles, often focus on mobility services as the first application.

Not only is there a demonstrated market for taxis and ride-hailing, but it’s a market where the high costs of labor create high prices, making it a ripe opportunity for autonomous vehicle deployment. [Read more…] about ‘Robotaxis will be disruptive to conventional taxis and ride-hailing, but not car ownership’, says new report

New IDTechEx report outlines future of agricultural robotics industry

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IDTechEx has released Agricultural Robotics Market 2022-2032, a market research report exploring the technical and market factors that are shaping the emerging industry around agricultural robotics.

The agricultural robotics industry has grown quickly in recent years, spurred on by advances in robotics technology and artificial intelligence, and may be set to help alleviate some of the labor issues that are currently threatening global agriculture.

Agricultural robotics, as covered in the new IDTechEx report, can be used to automate a range of agricultural tasks, including weeding, seeding, and harvesting of fresh fruit. [Read more…] about New IDTechEx report outlines future of agricultural robotics industry

Driving will be outlawed for humans by 2050, says IDTechEx

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Autonomous cars will match or exceed human safety by 2024, after which they will grow rapidly at aan annual rate of 30 percent, according to IDTechEx’s new report Autonomous Cars, Robotaxis & Sensors 2022–2042.

By the 2040s, they will be capable of fulfilling the world’s mobility needs without a single collision. So why should humans be allowed to continue driving?

For a long time, the parameters around how we can drive our vehicles have been restricted. Speed limits exist to increase safety, seatbelts are mandated to increase safety, and city centers are becoming pedestrianized to increase safety for pedestrians. [Read more…] about Driving will be outlawed for humans by 2050, says IDTechEx