Tag: vendors
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ASRS revenue forecast to reach $1 billion in micro-fulfilment centers
As retailers build micro-fulfilment centers (MFCs) to augment their distribution networks, automated picking solutions provide the speed and space maximization necessary for e-commerce efficiency and profitability. According to a report by technology intelligence firm ABI Research, Automated Storage & Retrieval System (AS/RS) revenue within MFCs is expected to reach $1.2 billion by 2027, with uptake…
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ABI Research gives 16 autonomous forklift system vendors competitive rankings
A new competitive ranking by technology research firm ABI Research provides “an in-depth and unbiased examination” of the autonomous forklift solutions offered by 16 autonomous forklift suppliers, according to the company. A total of eight criteria were chosen for the analysis and segmented across innovation and implementation clusters. These include the vehicle solutions across three…
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The 5 Kinds of Contracts Every AI or Robotics Company Should Have
The AI/robotics world is still a relatively new one, and therefore the laws governing their usage are still in the process of being formed. Nonetheless, it is critical that contracts for AI/robotics be utilized in their sale/usage as these machines require the same type of protection that other services do. Which contracts need to be…
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Labor shortages set to propel shipments of outdoor mobile robots to 350,000 by 2030
Rapid advancements in fundamental techniques, such as navigation, manipulation, and functional safety, have made robots more intelligent, agile, and safer. Mobile robots are a proven ideal companion for humans performing mission- and business-critical tasks in outdoor environments. According to global intelligence firm ABI Research, shipments of outdoor mobile robots will grow from 40,000 units in…
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Pandemic drives smart appliance and consumer robotics market revenues to $80 billion in 2021
Consumer robotics and smart appliance vendors will continue to benefit from the boost in consumer spending on home technology in 2021, building on the uplift that started in the second half of 2020. Global tech market advisory firm ABI Research calculates that the consumer robotics and smart appliance market will generate $80 billion in revenues…
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Revenues from robotics in warehouses to exceed $51 billion by 2030
The warehousing industry has ramped up its automation efforts considering the increased order volume and labor shortages fueled by the pandemic. In addition to technology solutions such as augmented reality powered smart glasses and handheld devices with enhanced capabilities, autonomous, collaborative, and mobile robots are proving to be the most popular and fastest-growing productivity-enhancing solution…
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MassRobotics publishes ‘world’s first’ open source autonomous mobile robot interoperability standards
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…
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Collaborative robotics market set to grow to $8 billion by 2030
Despite the challenges facing the wider manufacturing industry during the coronavirus pandemic, collaborative robots continue to attract attention and investment, due to their ease of use, redeployability, and convenience to end-users who struggle to afford more traditional forms of automation. According to a new report from global tech market advisory firm ABI Research, the cobot…
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Teradyne, Fetch, and BlueBotics named as ‘market leaders’ in ABI Research’s autonomous material handling competitive ranking
The market for autonomous mobile robots performing material handling tasks has expanded greatly in the last few years, with global revenues of $223 million in 2016 expanding to $800 million in 2020, according to a new report by ABI Research. To help commentators and end users understand the strongest horses in this race, global tech…
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Software-based PLCs pose challenge to traditional hardware infrastructure
By Sharmila Annaswamy, IoT Analytics Software is increasingly replacing hardware in industrial environments. Software-based programmable logic controllers (Soft PLCs) today are reliable, powerful and flexible. Soft PLC adoption is expected to double between 2019 and 2025, posing an “innovator’s dilemma” for incumbent industrial automation vendors. Actions taken by incumbents will prevent significant disruption in the…