Robotics & Automation News

Market trends and business perspectives

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Universal Robots ‘maintains top spot’ in collaborative robot market

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Universal Robots is maintaining its top spot in the collaborative robot market, according to a report by ABI Research.

However, competitors including Doosan, Techman Robot and Precise Automation are “closing in“, says the study, Industrial Collaborative Robots Competitive Assessment.

There are well over 50 manufacturers of collaborative robots, or cobots, worldwide, but only a handful of these companies have so far deployed cobots on any meaningful level of scale. [Read more…] about Universal Robots ‘maintains top spot’ in collaborative robot market

Drones expected to grow to $100 billion market as they take off in commercial and industrial sectors while delivery market beckons

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Small Unmanned Aerial Systems (sUAS), more commonly referred to as drones, have been in the public eye for well over this decade and a hype cycle developed around its applications for the consumer and commercial space.

The high-profile failure of major drone manufacturers and software providers, such as US firm Airware in 2018, somewhat tempered initial enthusiasm, causing early projections from industry organizations such as the Association for Unmanned Vehicle Systems International (AUVSI) to look overly optimistic.

However, according to a new report from global tech market advisory, ABI Research, commercial drone usage, especially in the industrial space, will be a source of accelerating growth throughout the next decade with $101 billion in revenue being created annually by 2030 across the commercial, military, civil, and consumer sectors. [Read more…] about Drones expected to grow to $100 billion market as they take off in commercial and industrial sectors while delivery market beckons

Collaborative robots being bought at ‘feverish rate’

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Most commentators and onlookers of the robotics industry hear of and understand the advertised value proposition of collaborative robots.

Cobots are smaller, more dexterous industrial robotic arms that open the possibility between human and machine collaboration without the need for complex programming or external safety infrastructure.

In reality, the value of current collaborative robotics is somewhat more modest. [Read more…] about Collaborative robots being bought at ‘feverish rate’

Exoskeleton market projected to grow to $6 billion

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The current robotics limelight tends to focus on the ability of new innovations to automate tasks, but a less publicized development is taking place whereby passive exoskeletons have been slowly deployed and adopted to help augment the capability of human workers.

Exoskeleton popularization through passive suits will provide a base for increased resources for powered suits, which will eventually provide significant augmentative capability to the industrial workforce.

By 2028, global Exoskeleton revenues will reach $5 billion with hundreds of thousands of active exoskeletons being deployed, according to ABI Research. The research consultancy’s findings are on its report, Exoskeletons for Industrial Use Cases.

[Read more…] about Exoskeleton market projected to grow to $6 billion