Robotics & Automation News

Market trends and business perspectives

robotics

Space robotics market predicted to grow to $5.7 billion by 2027

by Leave a Comment

The global space robotics market size is expected to reach $5.71 billion by 2027, registering a compound annual growth rate of 5.2 percent from 2020 to 2027, according to a new report by Grand View Research. 

Space robotics is gaining traction in recent years owing to the growing exploration of outer space; the need for operations and maintenance of satellites, space stations, and other platforms; and the need for saving cost and mitigating safety issues.

Furthermore, the rising trend of using autonomous systems and artificial intelligence technology in robotics is widening the horizon of space exploration. [Read more…] about Space robotics market predicted to grow to $5.7 billion by 2027

Global food and beverage robotic systems integration market for pick and place application to surpass $40 million by 2025

by Leave a Comment

The global food and beverage robotic system integration market for pick and place application was estimated at $17.5 million in 2017 and is projected to reach $40.1 million by 2025, according to a new market study published by Coherent Market Insights.

The North America market is projected to reach $11.12 million by 2025 with a compound annual growth rate of 11.02 percent. Increasing demand for robotics for application in various industries has become one of the key factors for growth of this market.

According to Robotic Industries Association, in 2015, a total of 31,464 robots valued at $1.8 billion were ordered by North American companies of different industries, an increase of 14 percent in units and 11 percent in revenue over previous year. [Read more…] about Global food and beverage robotic systems integration market for pick and place application to surpass $40 million by 2025

Silicon Valley Robotics awards two honors to SICK

by Leave a Comment

The Silicon Valley Robotics group awarded SICK two honors as a part of the SVR’s inaugural Good Robot Industry Awards.

This program celebrates robotics, automation, and artificial intelligence that helps to solve global challenges.

SVR is a non-profit industry cluster and coalition of robotics companies and startups, representing the robotics cluster in northern California. The organization works to support the innovation and commercialization of robotics technology. [Read more…] about Silicon Valley Robotics awards two honors to SICK

Hyundai’s acquisition of Boston Dynamics can reinforce its position in smart mobility, says GlobalData

by Leave a Comment

Hyundai Motor Group has agreed to acquire approximately 80 percent stake in American engineering and robotics design company Boston Dynamics from SoftBank Group for $1.1bn.

The move can fuel Hyundai’s long-term goal to become a smart mobility solutions provider by leveraging Boston Dynamics’ robots such as bipedal and quadruped equipped with 3D vision, navigation and advanced intelligence, says data and analytics company GlobalData.

Venkata Naveen, senior disruptive tech analyst at GlobalData, says: “Hyundai’s move to acquire major stake in Boston Dynamics polarizes with many automakers competing to add their name to the me-too stack of autonomous carmakers by purchasing self-driving tech startups. [Read more…] about Hyundai’s acquisition of Boston Dynamics can reinforce its position in smart mobility, says GlobalData

Realtime Robotics partners with Dematic to develop ‘new capabilities’ for mixed-case palletizing

by Leave a Comment

Realtime Robotics, a developer of autonomous motion planning systems for industrial robots, has agreed a partnership with Dematic, a global intralogistics company.

The use of Realtime’s advanced multi-robot coordination and spatial perception technology paired with Dematic’s automated palletizing software will vastly improve the accuracy, cycle time and stability of mixed case palletizing cells.

In the hyper-competitive logistics space, solution providers are being challenged to reduce cost and time to deploy all while continuing to increase key productivity metrics. [Read more…] about Realtime Robotics partners with Dematic to develop ‘new capabilities’ for mixed-case palletizing

ForwardX launches six new autonomous mobile robots

by Leave a Comment

ForwardX Robotics has launched six new products under its Max range of autonomous mobile robots: Max 300 Lift Lite, Max 300 Conveyor, Max 600 Conveyor, Max 1200 Standard, Max 1200 Lift, and Max 1200 Conveyor.

All the new robots are built to safely and efficiently automate material handling within production and warehousing facilities. The product launch coincided with ForwardX’s appearance at CeMAT Asia last month, where the new products were on show for visitors to see.

Nicolas Chee, founder and CEO of ForwardX Robotics, says: “At ForwardX, our goal has always been to develop mature solutions that actually deliver real value right now. We understand that the manufacturing industry is a complex one with a variety of circumstances and pain points specific to each manufacturer. [Read more…] about ForwardX launches six new autonomous mobile robots

Reduce Risk and Accelerate Robotic Deployment

by Leave a Comment

Cybersecurity and Safety for Every Robot

Building a robot or autonomous system is challenging and complex. But to deploy at scale, these smart machines need to be trusted by humans, with assurances that the system is safe and secure. 

At FORT Robotics, we are mission-driven to help you reduce risk and accelerate autonomy. Learn how the FORT platform supports security for your system in our Security Solution brief: [Read more…] about Reduce Risk and Accelerate Robotic Deployment

MassRobotics chooses Festo as winner of its GM Gripper Challenge

by Leave a Comment

MassRobotics has chosen Festo, a MassRobotics partner, in collaboration with Magswitch, is the winner of the 2020 GM Gripper Challenge.

Festo’s design concept was selected for its ability to handle a variety of parts, in addition to avoiding occluding a part when gripped.

Joseph Cyrek, Magswitch CEO, says: “The technology challenge hosted by MassRobotics provided an excellent platform for collaboration and rapid development of innovative solutions.” [Read more…] about MassRobotics chooses Festo as winner of its GM Gripper Challenge

BMW enters warehouse robotics market with launch of IdealWorks

by Leave a Comment

The BMW Group is breaking new ground in the field of logistics as it founds warehouse robotics company IDEALworks – a fully-owned subsidiary headquartered in Munich. 

This marks the first time a major automotive brand is building and supplying what are often called autonomous mobile robots (AMRs) or automated guided vehicles (AGVs).

The aim is to become a leading supplier of autonomous robotics solutions in the logistics sector. The name “IDEAL” stands for Industry Driven Engineering for Autonomous Logistics. [Read more…] about BMW enters warehouse robotics market with launch of IdealWorks

Vecna Robotics launches new autonomous forklift truck

by Leave a Comment

Vecna Robotics, the autonomous mobile robot and workflow orchestration company, has launched its autonomous counterbalanced fork truck, which it describes as “a highly versatile, safe, intelligent and integrated pallet-handling solution”.

The first in the company’s Silverback Series of counterbalanced fork trucks, this next-generation autonomous mobile robot offers vertical lift of up to 72” to help distribution, warehousing, and manufacturing organizations move a wider range of payloads and pallet types, lift inventory to and from equipment, and seamlessly work alongside other materials handling vehicles and human workers to improve efficiency and throughput.

The autonomous mobile robot (AMR) segment is expected to reach $6.8 billion by 2025, according to Frost & Sullivan. [Read more…] about Vecna Robotics launches new autonomous forklift truck

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close