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…point While trade conflicts, the COVID-19 pandemic, and the e-commerce boom and not-quite bust have come and gone, employment rates remain high despite inflationary and other economic pressures. “Labor shortages continue to be one of the biggest challenges facing our customers in the warehousing and logistics industry,” said Kait Peterson, senior director of product marketing at Locus Robotics. “That’s why…
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…since the peak of the COVID-19 pandemic, third-party logistics providers (3PLs) can still use robotics to mitigate labor shortages, reported market research firms. The global market for logistics robots could expand from $7.1 billion in 2023 to $22.6 billion by 2033 at a compound annual growth rate (CAGR) of 12.3%, estimated Fact.MR. It cited improvements in sensors, robotic platforms, and…
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Despite lingering effects of the COVID-19 pandemic, economic constraints, and geopolitical conflict, global adoption of robotics is continuing to grow. The new World Robotics 2023 Industrial Robots and Service Robots report said that 553,052 industrial robots were installed in factories around the world in 2022 – a year-over-year growth rate of 5%. By region, 73% of all newly deployed robots…
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…of iPad operations during the COVID-19 pandemic. “Not only are we building the world’s first factory for humanoid robots, but we’re doing so in the U.S. about 30 miles from our engineering center, which is fantastic for setting us up to scale quickly,” she said. “By establishing RoboFab as a state-of-the-art manufacturing hub in Salem, Ore., we are not only…
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…boost economic recovery from the COVID-19 pandemic. The collaborative was awarded a $62.7 million grant to fund five regional projects focused on robotics adoption and commercialization and related workforce development. Together, these projects are designed to provide long-term opportunities for individuals, businesses, and communities in southwestern Pennsylvania to participate in its growing robotics and automation sector. The collaborative is led…
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…it into production. During the COVID-19 pandemic, we believe a lot of companies bought what they could because of supply chain challenges, knowing they might not need it right away. Another factor was that a lot of non-automotive customers are pretty new to robotics. They're figuring out how to successfully apply automation and get ROI [returns on investment]. It may…
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…trade conflicts with China, the COVID-19 pandemic, and other supply chain challenges, the U.S. and other countries have encouraged the production of automobiles, processors, and other goods closer to home. The CHIPS Act and Build Back Better Act have directed federal funds to reshoring for the computer and infrastructure industries, respectively. More than half of U.S. manufacturing CEOs said they…
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…tremendous stress, particularly during the COVID-19 pandemic. German Bionic today officially introduced its Apogee+ powered exoskeleton to the North American healthcare market. The company said it designed the technology as a “personal lift assist.” “With its full range of features, our new Apogee+ power suit is designed to help ease the extremely demanding working conditions in these system-critical professions, making…
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…supply pipelines, including during the COVID-19 pandemic. Before the adoption of robotics at the distribution center, the order-picking process involved team members pushing carts weighing nearly 300 lb. up and down each aisle, guided by voice technology through headsets. While software already helped make picking routes efficient, the heavy carts limited speed and made the picking process physically taxing for…
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…2022, began to answer before COVID-19. That’s when it launched the reinvention of the supply chain that largely supports the Macy’s brands. One metric for the company is the “inventory productivity,” according to Dennis Mullahy, chief supply officer at Macy's. “If I can generate the same amount of sales with the least number of inventory receipts and fewer moves, I…
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…walked on the moon. The COVID-19 pandemic led to an unexpected reduction in the budgets allocated by many countries for space programs in 2021, but the reduction wasn’t very significant for any of them. Click on image to enlarge. Source: Euroconsult Still, the opportunities for space robotics to grow are huge. In fact, the market for space robotics could grow…
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From trade conflicts and the COVID-19 pandemic to chronic labor shortages, supply chains have been under stress for the past few years. CloudSort Corp. claimed that it has “reimagined” how to move packaged goods, starting with the middle mile between distribution centers and warehouses. The Seattle-based company said its cloud-based network can optimize shipping operations through its partnerships with carriers…
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…for older adults, but the COVID-19 pandemic exacerbated the epidemic of isolation, according to a recent advisory from the U.S. Surgeon General. Over the past year, the New York State Office for the Aging (NYSOFA) and Intuition Robotics have provided ElliQ to more than 800 New Yorkers to determine the efficacy of artificial intelligence in providing companionship to older adults.…
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…and AMR software, respectively. The COVID-19 pandemic and ongoing labor shortages have created a surge in demand for mobile robots, which offer operational efficiency and flexibility, noted MOV.AI. AMR shipments increased by 53% in 2022 and could grow at an annual rate of about 50% through 2027, resulting in a total of 4 million installed units, according to Interact Analysis.…
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…not down,” Koffarnus said. “The [COVID-19] pandemic, if anything, increased demand to a new level. We still need to move the same amount of goods with less labor, and you have to rely on technology to be able to do that. There’s no other way to do it.” Augmenting labor top of mind for food and bev The food and…
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