Robotics & Automation News

Market trends and business perspectives

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Autonomous shuttle market forecast to be worth $18 billion

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The autonomous shuttle market is forecast to be worth $18 billion by IDTechEx, which includes driverless minibuses and small, sidewalk delivery robots in the category. 

An increasing number of commercial vehicles are going battery-electric, assisted by battery life of one million miles and ranges of up to 600 miles being imminent. Shenzhen alone has 70,000 electric logistics vehicles.

Next come robot buses, robotrucks and robotaxis with driver elimination reducing cost by intensive use. IDTechEx has a report on the topic, Electric, Hybrid & Fuel Cell Light Commercial Vehicles 2021-2041. [Read more…] about Autonomous shuttle market forecast to be worth $18 billion

‘Autonomous vehicles’ tops Lux Research list of emerging technologies

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The category of “Autonomous vehicles” tops a new list of 12 emerging technologies for 2021 produced by Lux Research.

The research company says that, after a tumultuous 2020, organizations need to “re-examine their outlook on what emerging tech innovations will be critical for their future opportunities”.

Lux Research, a provider of tech-enabled research and advisory services, released its annual report on the top tech innovations that will have the greatest impact over the next 10 years, based on proprietary data science tools and expert insight. [Read more…] about ‘Autonomous vehicles’ tops Lux Research list of emerging technologies

‘Seismic shift’ happening in manufacturing sector, says new report

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There is a seismic shift happening in the manufacturing industry as it advances towards Industry 4.0, according to a new report by Ericsson.

The telecommunications technology company recently launched its Connected Manufacturing report, which explores challenges the industry is up against and how smart solutions will be “key in helping manufacturers gearing up for Industry 4.0”.

Specifically, the report offers a deep-dive analysis of five high-value use cases and technologies that address the most imminent points in the industry. [Read more…] about ‘Seismic shift’ happening in manufacturing sector, says new report

Jeff Brown’s latest prediction on stock markets: The second wave

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Stock markets are always unpredictable. You can lose money in split seconds or become a millionaire too.

However, Jeff Brown views the stock market differently, and losing is not his portion. He believes in seizing opportunities in current technologies and situations.

Jeff can predict potential brands to invest in for great profits in the future. During his latest prediction (the second wave), Brown feels the current market is not stable and poses a great risk in the near future. [Read more…] about Jeff Brown’s latest prediction on stock markets: The second wave

China has more industrial robots than next four countries combined

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China has more industrial robots than next four countries put together, according to a new report. 

Data presented by Buy Shares indicates that China, Japan, and the United States cumulatively control about 58.71 percent of the global industrial robot installations.

As of September 2020, there were 381,000 units of industrial robots globally. [Read more…] about China has more industrial robots than next four countries combined

Scientists will use newly discovered ‘cyborg material’ to invade our brains, merge with our thoughts and turn us all into mindless zombie robots, says report

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Scientists will use newly discovered “cyborg material” to invade our brains, merge with our thoughts and turn us all into mindless zombie robots, according to a report on The Daily Star website.

The sinister “bio-synthetic material” that could end humanity as we know it was presented recently at the American Chemical Society Fall 2020 virtual expo.

Experts claim it will pave the way to integrating electronics with the body to create “cyborg” beings, reports The Star, which adds that the new breakthrough material will enable human brains to merge with artificial intelligence. [Read more…] about Scientists will use newly discovered ‘cyborg material’ to invade our brains, merge with our thoughts and turn us all into mindless zombie robots, says report

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

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