Robotics & Automation News

Market trends and business perspectives

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Pandemic lockdowns boost consumer robotics market to $10 billion in 2020 revenues

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Lockdowns around the world caused by the coronavirus pandemic have provided a boost to the consumer robotics market, according to ABI Research.

The consumer robotic market pushed through the pandemic’s disruption to deliver continued growth in 2020 as consumers spent more time at home and invested in robotic offerings that made life simpler.

Global tech market advisory firm ABI Research finds the consumer robotics market generated $10.4 billion in revenues in 2020, up $448 million, or 4.3 percent, on pre-pandemic expectations. [Read more…] about Pandemic lockdowns boost consumer robotics market to $10 billion in 2020 revenues

China’s biggest chipmaker to double investment in capital goods to $7 billion

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China’s largest chipmaker Semiconductor Manufacturing International is to double its investment in capital goods to $6.7 billion, according to a report on the Nikkei Asian Review website. 

The company is somewhat flush with cash as a result of net profit skyrocketing by 644 percent in the second quarter. Part of the increase is due to Chinese telecommunications giant Huawei stockpiling chips.

Huawei is trying to prepare for any potential shortage in its supply chain caused by the ban imposed on its activities in the US and Europe. [Read more…] about China’s biggest chipmaker to double investment in capital goods to $7 billion

Spending on chip manufacturing equipment to reach record high of $70 billion in 2021

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Global sales of semiconductor manufacturing equipment by original equipment manufacturers are projected to increase six percent to $63.2 billion in 2020, compared to $59.6 billion in 2019, before logging record high revenue of $70 billion in 2021 on the strength of double-digit growth, according to industry association SEMI.

The group revealed the figures is its Mid-Year Total Semiconductor Equipment Forecast – OEM Perspective at the annual SEMICON West exposition.

Growth across a number of semiconductor segments is expected to power the expansion. The wafer fab equipment segment – which includes wafer processing, fab facilities, and mask/reticle equipment – is expected to rise five percent in 2020 followed by 13 percent growth in 2021 driven by a memory spending recovery and investments in leading-edge and China. [Read more…] about Spending on chip manufacturing equipment to reach record high of $70 billion in 2021

Semiconductor fabricators expected to spend record $68 billion in 2021

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Semiconductor fabrication companies are expected to log record spending of nearly $68 billion in 2021 after the 2020 lull caused by the coronavirus pandemic, according to industry association SEMI.

“2021 is poised to mark a banner year for global fab equipment spending with 24 percent growth to a record $67.7 billion, 10 percent higher than the previously forecast US$65.7 billion,” says SEMI in a statement.

The organisation adds that all product segments look like they will provide “solid growth rates”. [Read more…] about Semiconductor fabricators expected to spend record $68 billion in 2021

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