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Bin-picking systems market forecast to grow to $5.6 billion by 2033

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The global bin picking systems market is anticipated to be valued at $1.7 billion in 2023 and it is anticipated to grow at a compound annual growth rate of 12.5 percent to reach $5.6 billion by the end of 2033, according to a report by Fact.MR. 

A bin picking system is a technology in which a robot is incorporated with a 3D, camera, optical sensor (3D or 2D) and an end effector (magnet gripper, and others) to remove parts from a container full of disorganized, irregularly shaped pieces.

Robotic arm receives command based on the analysis done by the computer vision system and the vision system examine the target area and recognize the position of the pieces. [Read more…] about Bin-picking systems market forecast to grow to $5.6 billion by 2033

Industrial robot components market set for higher growth over next decade

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The global industrial robot components market is expected to be valued at $6.3 billion in 2023 and it is anticipated to grow at a compound annual growth rate of 13.9 percent to reach $23.2 billion by the end of 2033.

Over the 2018-2022 historical period, the global industrial robot component market registered a compound annual growth rate of 12.5 percent, according to Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 13.9 percent compound annual growth rate between 2023 and 2033.

Market share analysis of industrial robot components based on application and region is provided in a nutshell in the above image. Under the application segment, the robot arm/manipulator sub-segment dominates with a 29.1 percent market share in 2023. [Read more…] about Industrial robot components market set for higher growth over next decade

DHL begins trial runs of Cleveron’s autonomous delivery vehicle

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DHL Express has begun testing an autonomous delivery vehicle built by Estonian company Cleveron. The trials will take place in Tallin, Estonia, and use the Clevon 1 electric delivery robot, which has a 100 km range.

This is the second strategic cooperation where DHL, one of the world’s leading logistics companies, will pilot Cleveron Mobility’s unmanned robot couriers to test their use in last-mile delivery operations.

Clevon 1 will be liveried in DHL’s branding and was due to start delivering parcels by the end of July. [Read more…] about DHL begins trial runs of Cleveron’s autonomous delivery vehicle

5 Effective Ways to Make Extra Income Even With a Full-Time Job

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Are you looking for ways to make some extra money? You currently have a full-time job, but want to figure out a side hustle or gig?

You’re not alone.

While it can be challenging to find a side hustle that fits your busy schedule, it’s not impossible.

This blog post will discuss five practical ways to make extra income. [Read more…] about 5 Effective Ways to Make Extra Income Even With a Full-Time Job

Doosan Robotics breaks South Korean record with annual sales of more than 1,000 collaborative robots

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Doosan Robotics announced it has become South Korea’s first to achieve an annual sales record of 1,000 units for collaborative robots, also known as “cobots”.

Established in 2015, Doosan Robotics has manufactured cobots using proprietary technology and has maintained the position of number one market share holder in Korea since 2018.

Doosan Robotics has also performed remarkably in global markets, becoming the first Korean company to be named as one of world’s top five cobot manufacturers. [Read more…] about Doosan Robotics breaks South Korean record with annual sales of more than 1,000 collaborative robots

Engineers at Columbia University invent robotic lasers that cook food

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Engineers at Columbia University have invented software-controlled robotic lasers that cook food with “unparalleled precision”, retaining more moisture, and creating an entirely new, customized way to cook a tasty meal. (See videos below.)

Imagine having your own digital personal chef; ready to cook up whatever you want; able to tailor the shape, texture, and flavor just for you; and it’s all at the push of a button. Columbia engineers have been working on doing just that, using lasers for cooking and 3D printing technology for assembling foods.

Under the guidance of Mechanical Engineering Professor Hod Lipson, the “Digital Food” team of his Creative Machines Lab has been building a fully autonomous digital personal chef. Lipson’s group has been developing 3D-printed foods since 2007. Since then, food printing has progressed to multi-ingredient prints and has been explored by researchers and a few commercial companies. [Read more…] about Engineers at Columbia University invent robotic lasers that cook food

SIS 2021: The benchmark event for surface inspection and quality assurance systems

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The preliminary agenda is set, exhibitors have confirmed their participation and the doors to the 2021 Surface Inspection Summit (SIS) in Aachen, Germany are ready to open from November 9th to 10th.

Visitors can look forward to the comprehensive agenda covering new developments in industrial and institutional research, spanning industry 4.0, artificial intelligence and automation. Experts will also deep dive into product-specific case studies and share their knowledge and experiences.

Throughout the exhibition, manufacturers of OIS and OIS components will present new breakthroughs and products. [Read more…] about SIS 2021: The benchmark event for surface inspection and quality assurance systems

RoboCup Federation and UBTech Robotics team up to improve robots’ football skills

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The RoboCup Federation, famous for organising football matches between teams of tiny Nao humanoid robots, and UBTech Robotics have formed a strategic partnership.

The two companies say they are aiming to achieve “the highest-quality artificial intelligence and robotic research and education as well as respective worldwide visibility”.

Both organizations share the goal of intelligent robots serving and supporting humans in various challenging tasks both at home and at work. [Read more…] about RoboCup Federation and UBTech Robotics team up to improve robots’ football skills

MassRobotics publishes ‘world’s first’ open source autonomous mobile robot interoperability standards

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MassRobotics, an independent, non-profit center that serves to educate, inspire and bring robotics initiatives, investments and companies to life, has released the MassRobotics Interoperability Standard.

The new initiative enables Autonomous Mobile Robots (AMRs) from multiple vendors to integrate and work together seamlessly to support safe and efficient operations in global factories, warehouses, distribution and fulfillment centers.

Members of the working group and contributors to the newly introduced standards include Vecna Robotics, 6 River Systems, Waypoint Robotics, Locus Robotics, Seegrid, MiR, Autoguide Mobile Robots, Third Wave Automation, Open Robotics Foundation and others. [Read more…] about MassRobotics publishes ‘world’s first’ open source autonomous mobile robot interoperability standards

Teledyne Technologies to acquire FLIR Systems

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Teledyne Technologies and FLIR Systems have entered into a definitive agreement under which Teledyne will acquire FLIR in a cash and stock transaction valued at approximately $8 billion.

Under the terms of the agreement, FLIR stockholders will receive $28 per share in cash and 0.0718 shares of Teledyne common stock for each FLIR share, which implies a total purchase price of $56 per FLIR share based on Teledyne’s 5-day volume weighted average price as of December 31, 2020.

The transaction reflects a 40 percent premium for FLIR stockholders based on FLIR’s 30-day volume weighted average price as of December 31, 2020. [Read more…] about Teledyne Technologies to acquire FLIR Systems