Robotics & Automation News

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

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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

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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

Robot displays ‘glimmer of empathy’ to partner robot

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Columbia University engineers say they have created a robot that learns to visually predict how its partner robot will behave, displaying a glimmer of empathy. This “Robot Theory of Mind” could help robots get along with other robots – and humans – more intuitively.

Like a longtime couple who can predict each other’s every move, a Columbia Engineering robot has learned to predict its partner robot’s future actions and goals based on just a few initial video frames.

When two primates are cooped up together for a long time, we quickly learn to predict the near-term actions of our roommates, co-workers or family members. Our ability to anticipate the actions of others makes it easier for us to successfully live and work together. [Read more…] about Robot displays ‘glimmer of empathy’ to partner robot

Seegrid doubles revenues and sees ‘record adoption’ of its autonomous mobile robots

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Seegrid, a provider of autonomous mobile robots for material handling, says it doubled revenue year-over-year for the second year in a row.

Seegrid says its growth reflects increased demand from manufacturing, e-commerce, and logistics companies for automation solutions to address rising pressures on the supply chain, which were exacerbated by the Covid-19 pandemic and ever-evolving consumer demands.

Jim Rock, Seegrid’s CEO, says: “The incredible growth we recorded last year is a testament to our collective ability to adapt to changing environments – something that our customers can uniquely do when using our automation solutions. [Read more…] about Seegrid doubles revenues and sees ‘record adoption’ of its autonomous mobile robots

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

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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

How Automation Increases the Effectiveness of an Organization

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In today’s tech-driven world, more and more companies are resorting to automation and taking help from relevant software programs to increase effectiveness and boost performance.

While some still consider it a threat, automation can enhance your company’s progress if used in the right way. Software robots and machine learning are also a part of automation that reduces human labour and increases productivity.

Companies use automation tools to increase efficiency as most takes are operated by robots, software tools, and artificial intelligence. With time, machines have learned to use logic and streamline processes applied in a professional work front. [Read more…] about How Automation Increases the Effectiveness of an Organization

Digital platform wants to put a robot into every factory

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Too many small- and medium-sized businesses risk losing out on the next big industry transformation, says Søren Peters, CEO of the world’s first digital robot hub, HowToRobot.com. The hub aims to increase robot adoption globally by breaking down the barriers to automation for smaller businesses.

Robots are spreading with haste among the largest enterprises globally. But the many small and medium-sized businesses (SMEs) are lagging behind when it comes to adopting robots.

This, however, is bound to change. The digital robot hub HowToRobot.com now aims to get a robot into every factory across the world by making automation easier and more accessible for SMEs. [Read more…] about Digital platform wants to put a robot into every factory

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

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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

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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

BMW enters warehouse robotics market with launch of IdealWorks

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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

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