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Worldwide silicon wafer shipments and revenue ‘set new records in 2021’

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Worldwide silicon wafer shipments and revenue “set new records in 2021”, according to a new report by semiconductor manufacturing industry association SEMI. 

SEMI says that worldwide silicon wafer area shipments in 2021 increased 14 percent while wafer revenue rose 13 percent compared to 2020, topping $12 billion, to reach new “all-time highs”.

The study was produced by the SEMI Silicon Manufacturers Group as part of its year-end analysis of the silicon wafer industry. [Read more…] about Worldwide silicon wafer shipments and revenue ‘set new records in 2021’

Universal Robots reports record revenue of $311 million

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Universal Robots, the Danish producer of collaborative robots, has reported record annual revenue of $311 million, 41 percent up on 2020 and 23 percent up on pre-pandemic results in 2019.

Kim Povlsen, the company’s president, says: “Universal Robots has had a great year. In a company like ours, which manufactures sophisticated hardware to high quality standards, this sort of growth requires tremendous commitment from all involved.

“Our production team in Denmark has broken internal records for the number of cobots built, producing 400 cobots in a single week in Q4. Our supply chain experts have worked hard to keep our business running smoothly despite global supply challenges.” [Read more…] about Universal Robots reports record revenue of $311 million

Universal Robots’ latest results are ‘a strong indication of growth to come’, says president

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Collaborative industrial robot maker Universal Robots’ latest results are “a strong indication” of future growth, says its president, Kim Poylsen.

Universal Robots, which has just released its Q3 results for 2021, has reported record quarterly revenue of $78 million, up 46 percent on last year’s Q3 revenue and 31 percent up from its pre-pandemic Q3 revenue of 2019.

Since creating the world’s first commercially viable collaborative robot in 2008, the Danish company has gone on to sell over 50,000 of its ‘cobots’ for use across a range of industrial uses, primarily in the manufacturing sector. [Read more…] about Universal Robots’ latest results are ‘a strong indication of growth to come’, says president

DFI third-largest in Taiwan’s industrial computer sector

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DFI is the third-largest manufacturer of industrial computers in Taiwan, according to new research by TrendForce.

Industrial computers have always been an industry in which Taiwanese manufacturers enjoy an advantage, with a total annual revenue of nearly $8 billion.

According to a research report released by TrendForce in July, in the first half of 2021, DFI, specializing in smart manufacturing, smart healthcare, and intelligent transportation systems/infrastructures, ranked third with a revenue of NT$5.28 billion (equivalent to $186.7 million). [Read more…] about DFI third-largest in Taiwan’s industrial computer sector

Global agriculture robot market expected to quadruple in size by 2026

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The global market for agriculture robots is expected to quadruple in size by 2026, according to a report by Research Dive.

The agriculture robot market size was $4,082.8 million in 2018, and is expected to reach $16,640.4 million by 2026, and will grow at a compound annual growth rate of 19.2 percent.

North America region generated a revenue of $ 1,469.8 million in 2018, and is expected to grow at a CAGR of 18.9 percent. [Read more…] about Global agriculture robot market expected to quadruple in size by 2026

Automating Performance Metrics: Start with Demand and Inventory Forecasting

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By Mike Mills, Director, Business Consulting, Blue Ridge

2021 is the year when companies need earlier insights into new market opportunities, including what items consumers want, on what channel, how much they should stock, and how much they will pay for these products.

The ability to compete in new areas with this level of agility will be the key to unraveling chaos. As e-commerce continues to threaten the market with competitive products that are available nearly instantly, shifting consumer trends can make stocking shelves even more challenging.

Two-thirds of distributors, retailers, and manufacturers report that transportation, labor, and goods were rising more quickly than in previous years. Automation has become a full imperative; Covid has magnified the need. [Read more…] about Automating Performance Metrics: Start with Demand and Inventory Forecasting

Coronavirus expected to cut industrial robot revenue by more than 8 per cent this year

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By Maya Xiao of Interact Analysis

The coronavirus pandemic which has devastated economies worldwide is expected to reduce revenues in the industrial robot market by more than 8 per cent, according to a study by Interact Analysis.

“After a weak 2019, we originally expected the 2020 robot market to recover strongly, but Covid-19 changed the market revenue growth forecast from 4.8 percent to -3.6 percent,” writes Maya Xiao, automation market expert at Interact Analysis.

Global industrial robot shipments experienced negative growth for four consecutive quarters from mid-2018, she says. At the end of 2019, recovery signs appeared, and the mid-term growth rate turned positive. This turnaround happened in the context of a continued slowdown in general global manufacturing activity, which led to weak spending on machinery and automation equipment. [Read more…] about Coronavirus expected to cut industrial robot revenue by more than 8 per cent this year

Automatic Passenger Counters for Improving Public Transport

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Fleet companies that operate cabs, buses, and coaches and companies that manage public trains and trams need to keep data on the number of passengers boarding and alighting for accountability. Earlier, manual counting was the only way to record such data.

But today, technology has really changed how things are done. These public transport vehicles are fitted with automatic passenger counting (APC) devices that will actually transmit the tally in real time to a remote location.

The availability of such technology is a big invention in the public transport sector that has brought numerous positive changes. Let us dive deeper into how the sector has changed through using APC devices. [Read more…] about Automatic Passenger Counters for Improving Public Transport

Robotic last-mile deliveries to generate almost $50 billion in revenue by 2030

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Robotic last-mile deliveries are forecast to generate almost $50 billion in revenue by 2030, according to a new report by Lux Research.

Automated parcel delivery technologies, such as small mobile delivery robots, are growing due to the rise in consumer demand for faster deliveries.

The rise in e-commerce is fueling rapid growth in parcel delivery volumes, a market expected to grow to $665 billion by 2030. Consumers are increasingly expecting parcels to be delivered quickly. [Read more…] about Robotic last-mile deliveries to generate almost $50 billion in revenue by 2030

Collaborative robot market forecast to grow beyond $11 billion by 2030

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The collaborative robot market will exceed $11 billion by 2030, representing 29 percent of the total industrial robot market, according to ABI Research.

Buoyed by early innovators and adopters, the collaborative robotics market will become increasingly mainstream over the next 10 years.

The new analysis from global tech market advisory firm, ABI Research finds that the yearly revenue for cobot arms will reach $11.8 billion by 2030, an enormous increase from $711 million in 2019. [Read more…] about Collaborative robot market forecast to grow beyond $11 billion by 2030