Found in Robotics News & Content, with a score of 12.21
…survey by CITE Research and Vecna Robotics. And while Interact Analysis projected the global warehouse automation market to expand to $69 billion by 2025, there are still obstacles to adopting automation at scale, including cost, return on investment (ROI), change management, and operational disruption, noted Vecna. “Executives in warehousing and distribution are telling us that they need to get automation projects approved, funded, and deployed more quickly,” said Craig Malloy, CEO of Vecna Robotics, in a release. “Instead of providing a standard SLA [service-level agreement], we’re flipping the script,” he added. “We believe that a performance guarantee on customers’ terms—along…
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 11.62
…Sullivan recently presented it a Technology Innovation Leader Award. Ranked No. 1 in automated tow tractor market share by Interact Analysis, Seegrid noted that its Palion Tow Tractor can move multiple payloads weighing up to 10,000 lb.
Found in Robotics News & Content, with a score of 11.47
…every year until 2028, according to market research firm Interact Analysis. This is a massive increase on the previous predicted growth rate of 20-25%. In fact, as soon as 2023, as much as 5% of the entire United States’ forklift fleet is predicted to be automated. As much as 5% of the US forklift fleet is predicted to be automated by 2023 | Image credit: Robotics Business Review 4 factors driving the growth of automated forklift systems A combination of factors is driving the rapid growth of automated forklift systems, including: A tight labor market. It remains difficult to hire…
Found in Robotics News & Content, with a score of 11.37
…their facilities. AMR sales on the rise Last month, Interact Analysis reported that more than 100,000 mobile robots were deployed globally last year, which it said is the first time that milestone has been met. “The current labor shortage, coupled with strong e-commerce growth, has accelerated manufacturing and logistics companies’ plans to automate,” wrote Ash Sharma, managing director at Interact Analysis and the author of the report. “This has caused sales in mobile robots to spiral, with nearly 70% more vehicles shipped than the year before and a 36% increase in revenues, which rose to nearly $3 billion.” AMRs are…
Found in Robotics News & Content, with a score of 11.33
…according to Ash Sharma, managing director with analyst firm Interact Analysis. That may sound like quite a few, but with more than 1 million lift trucks of all types shipped last year, it amounted to 0.3% of the market. However, with a sharp increase in e-commerce in this pandemic year and added pressure on warehouses and other industrial sites to improve on cost efficiencies and order cycle times, Interact Analysis predicts robust growth for robotic lift trucks, which it sees as inclusive of vehicles based on automatic guided vehicle (AGV) technology or those that use autonomous navigation. Through 2028, Interact…
Found in Robotics News & Content, with a score of 11.20
…offers AMRs, software, and services for material handling automation. Interact Analysis recently ranked Seegrid as the No. 1 AMR provider in the U.S. In addition, the company offers its systems in a robotics-as-a-service (RaaS) model. Palion Lift includes spatial awareness Palion Lift addresses customer pain points around safely optimizing operations during a time of high demand and labor shortages by adding novel automated workflows, said Seegrid. The lift truck can automate the movement of palletized goods in workflows that involve transporting payloads throughout a customer's operation, retrieving and placing them at heights of up to 6 ft. Seegrid claimed that…
Found in Robotics News & Content, with a score of 10.28
…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 10.09
…this market segment,” said Ash Sharma, managing director at Interact Analysis. The other reality is that automated lift trucks are still a drop in the bucket in terms of total lift truck sales. User companies will have to figure out how to justify them and think through how the technology is not just another type of lift truck, but a tool in their automation strategy. Approximately 5,000 automated lift trucks were shipped in 2019, according to Sharma. That may sound like quite a few, but with more than 1 million lift trucks of all types shipped last year, it amounted…
Found in Robotics News & Content, with a score of 10.03
…bullish, predicting a CAGR of 23.7% and AMR growth from $1.97 billion in 2021 to $8.7 billion in 2028. Interact Analysis said it expects revenues for collaborative mobile robots to grow 50% this year. While the research analyst estimates vary widely, there is consensus that the boom in e-commerce and workforce shortages during the COVID-19 pandemic will continue to drive AMR adoption.
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 9.81
…and/or opportunity, up from 61% last year. Analyst firm Interact Analysis forecasts the market for autonomous mobile robots (AMR) and smart automatic guided vehicles (AGV) for logistics will grow from $300 million in 2017 to $3 billion by 2022, or roughly a 10-fold increase. “We are seeing true exponential growth now,” says Ash Sharma, a research director for Interact Analysis. “While numerous companies have been doing pilot projects for the last two years in warehousing or manufacturing facilities, now they are looking to expand their use of robotics. They are automating more processes, rolling out robots to more sites, or…