Where Innovation Meets Imagination
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’
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 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
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
The global robotics market is set to exceed $150 billion by 2025, according to a new report, Disruption in Human-Robot Collaboration.
PreScouter, a Chicago-based research intelligence company, has released a detailed report on the recent advances in robotics and how these advances will be disrupting the workforce, promoting improved collaboration between man and machine.
The researcher says the global robotics market will exceed $150 billion by 2025 and the industrial robot sector will account for nearly $13 billion of that in North America alone. [Read more…] about Robotics market to exceed $150 billion by 2025, says report
A US public policy organization called the Competitive Enterprise Institute is urging states to update their laws to enable driverless truck platooning.
The CEO says the measures would offers safety, economic, and environmental benefits.
New automated vehicle technology will help freight truck companies transport consumer goods in a more fuel-efficient way, reducing transportation costs and emissions and boosting highway safety thanks to always-on automatic emergency braking. [Read more…] about Public policy group calls for updating of laws to enable driverless truck platooning
DHL has released a new Trend Report, Digital Twins in Logistics, at the inaugural Internet of Things (IoT) Day, at DHL’s Innovation Centre in Germany.
The report explains the concept and rise of digital twins as well as how it creates value.
The technology, which involves using digital models to better understand and manage physical assets is already well established in some industries and has the potential to significantly change logistics operations.
[Read more…] about DHL Trend Report: Digital twins to significantly improve logistics operations
The European construction & demolition (C&D) robots market reached $58.58 million in 2018, representing the largest regional market in the world, according to a new report from Research and Markets.
The trend and outlook of Europe market are forecast in optimistic, balanced, and conservative views.
The balanced (most likely) projection is used to quantify Europe construction & demolition robots market in every aspect of the classification from perspectives of Product Type, Automation Degree, Robot Function, Application Vertical, and Country.
[Read more…] about Europe construction and demolition robot market worth $60 million
The revenue of the North America articulated robots market is projected to reach $5.85 billion by 2026 in terms of robot systems including hardware, software & service, a 2019-2026 CAGR of 11.98%, according to a new report from ResearchAndMarkets.com.
The North America Articulated Robots Market by Subsystem, Function, Component, Payload, Industry Vertical, and Country 2015-2026: Growth Opportunity and Business Strategy report says annual shipments are expected to exhibit a CAGR of 14.72% during the same period, advancing to 54.26 thousand units in 2026.
Highlighted with 16 tables and 73 figures, this 159-page report is based on research of the entire North America articulated robots market and all its sub-segments through detailed classifications.
[Read more…] about Report: North American articulated robots market set to grow
The RIA R15.06 Standards Committee has finalized Technical Report R15.806-2018 to address the test methods and metrics for measuring pressure and force associated with quasi-static and transient contact events of collaborative applications.
A collaborative robot, or cobot, is a type of robot intended to physically interact with humans in a shared workspace. Collaborative robots are experiencing rapid market growth.
According to Markets and Markets research, the collaborative robots market is expected to reach a value of $4.28 billion by 2023, growing at an astounding 56.94 percent compound annual growth rate.
[Read more…] about RIA publishes new technical report on collaborative robots
