Found in Robotics News & Content, with a score of 10.00
…factories and warehouses,” said Ash Sharma, managing director at Interact Analysis. “It continues to innovate and has helped the industry to grow from a fledgling industry to what is now a multi-billion-dollar sector with AMRs deployed in thousands of buildings around the world.” Jean-Pierre Hathout, president of Mobile Industrial Robots (MiR), said in a press release that customers are now transitioning from using AMRs in pilots to using them 24/7 in production applications, with MiR leading that transition. “In the first 10 years of MiR’s history, we led the industry with innovative AMRs as we scaled globally with our customers,”…
Found in Robotics News & Content, with a score of 12.88
…Saad, general partner, Cybernetix Ventures Ash Sharma, managing director, Interact Analysis Oliver Mitchell, partner, ff Venture Capital Did this come as a surprise to you? If not, why not? Saad: In a sense, yes, but M&A in the space is not surprising at all, and we should actually expect more of that in the coming 12 to 18 months. Sharma: Partly. What’s not surprising is that a mobile robot company has been acquired. I was asked about the vendor base a lot at ProMat, and I’ve been saying that acquisitions will come mostly from external companies – like major retailers,…
Found in Robotics News & Content, with a score of 7.62
…warehouse automation market could expand to $69 billion, projected Interact Analysis. “The following data will help us understand the drivers, barriers and financial considerations of adopting automation,” stated Vecna. “In addition, the data informs how to achieve automation at scale to offset increasing product demand and global supply chain disruptions while keeping existing workers happy. To deploy or not to deploy, that is the question As the materials handling space faces a multitude of problems, companies are turning to automation to help, with 85% of respondents planning to deploy some form of automation in the next 12 months, said Vecna…
Found in Robotics News & Content, with a score of 17.24
…recent projections from Gartner Inc. analyst Dwight Klappich and Interact Analysis analyst Rueben Scriven. Gartner also said that by 2026, more than half of companies using intralogistics robots will use a multiagent orchestration platform containing an open API control multi-vendor fleets. GreyOrange claimed that GreyMatter is just such a platform to equip companies for solutions to future problems. It can respond to customer orders, make assignments, and balance workloads in real time according to fulfillment needs, said the company. In the ProMat session on “Demystifying Fulfillment Automation,” GreyOrange will describe next steps for business leaders interested in investing in and…
Found in Robotics News & Content, with a score of 42.22
Earlier this month, research firm Interact Analysis released a new report outlining mobile robot sales for 2021. The firm found that global sales of mobile robots jumped more than 70% in 2021, topping 100,000 units for the year. The report focused on “material handling applications in manufacturing and logistics environments,” it said. “Despite the market for mobile robot technology being well established, it is not yet close to reaching saturation, with new applications and opportunities continuing to emerge,” said Interact Analysis. “The manufacturing industry is expected to continue to drive growth, as the market rebounds from the effects of Covid…
Found in Robotics News & Content, with a score of 12.70
…ground according to the recent Mobile Robot Report from Interact Analysis. However, in the British manufacturing industry, many manufacturers in the automotive industry still rely on manual tuggers to tow small loads from warehouse to manufacturing, even though these are not very cost-efficient and involve a lot of manual material handling. “The United Kingdom has a strong manufacturing industry that has low annual robot installation counts,” according to Milton Guerry, president of the International Federation of Robotics. “The automotive and also general industry markets need to invest in automation technology to keep up with international competitors.” About the author Malene…
Found in Robotics News & Content, with a score of 7.84
…for warehouse operators,” said Ash Sharma, managing director of Interact Analysis. “Locus is uniquely positioned as a leader in digital transformation in this enormous global market as warehouse operators increasingly focus on scalability, fast ROI [return on investment], and ease of deployment.” Locus Robotics serves global customers Locus Robotics said it has worked with the world's leading warehouse operators to speed deployment and “deliver actionable business intelligence.” “Our five-year partnership with Locus has enabled DHL to deliver more resilient, flexible, and scalable supply chain solutions to our customers to support faster delivery, improve operational efficiency, and reduce employee workloads,” said…
Found in Robotics News & Content, with a score of 10.29
…robot sales are rocketing. Research from market insights firm Interact Analysis showed that global mobile robot market revenues grew by 20% in 2020. That year, at the height of the pandemic, nearly 60,000 mobile robots were shipped – an increase of over 25% on 2019. The problem for warehouses is that most mobile robot set-ups are designed to do a limited set of tasks in a warehouse and, as warehouses add more robots, they are reaching the limits of possible efficiencies with current technology. What is needed is a way to seamlessly integrate robots from different vendors into a unified…
Found in Robotics News & Content, with a score of 8.89
…picking technology” said Ash Sharma, senior research director at Interact Analysis. “One billion picks is an incredible milestone and is testament to Locus Robotics’ innovation and vision over the past few years.” “The acceleration to 1 billion picks shows that we now have customers using robots in multiple sites,” Dekin observed. “We've then earned the right to get more customers. We've also earned the right to expand geographically, with a strong presence in North America and Europe, and we've gone live with our first site in APAC [Asia-Pacific].” “Even within a single site, we've had to earn the right to…
Found in Robotics News & Content, with a score of 11.91
…(AGVs) and AMRs shipped globally last year, according to Interact Analysis. It noted that AMR shipments surpassed those of AGVs and that China and the U.S. are leading markets for mobile robots. In addition, the firm predicted that 2.1 million mobile robots will ship by the end of 2025. The global market for mobile robots could expand from $13.56 billion in 2021 to $77.98 billion in 2030 at a compound annual growth rate (CAGR) of 21.1%, estimated Next Move Strategy Consulting. Geek+ said its growing global network will help it meet the increasing demand for warehouse robots in the U.S.…
Found in Robotics News & Content, with a score of 5.99
…said Rueben Scriven, a senior analyst with research firm Interact Analysis, which tracks the automation market. “If a company wanted a good automation solution, they would turn to a company with reputable, innovative hardware. But over time, these systems have gotten commoditized, where by and large the automated equipment you can get from various vendors is going to be similar.” For vendors, said Scriven, hardware commoditization creates a need to differentiate their solutions and create lasting ties to customers. While maintenance and services of automated equipment has been one way to do that, increasingly, it’s software that sets vendors apart,…
Found in Robotics News & Content, with a score of 21.28
…being named a technology innovation leader by Frost & Sullivan, the No. 1 AMR provider in the U.S. by Interact Analysis, and the No. 4 most innovative robotics company in the world by Fast Company.