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Market research firm Interact Analysis reports that while several barriers will constrain humanoid robot market growth in the short to mid-term, the number of joints in each robot still presents a large opportunity for component vendors. In the report, Humanoid Robots: Large opportunity but limited uptake in the short-to-mid-term, Interact Analysis highlighted the many components of humanoid robots, and specifically…
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…report from market intelligence firm Interact Analysis. This reduction in shipments, coupled with a decrease in average prices, resulted in a drop in sales revenue of -5.8% year-over-year. A slowdown in investments in the manufacturing sector has been observed across all major regions. The Asia-Pacific region saw a relatively modest decline in robot shipments at -1.1%, while the Americas and…
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…orchestration platform was recognized in Interact Analysis’ Warehouse Software Market Insight. The report reveals insights into the rapidly evolving warehouse software market, highlighting a projected CAGR of 12.7% from 2023 to 2030. Interact Analysis predicts the warehouse automation software market will reach over $16 billion by 2030. Software plays major role in warehouse mobile robots The report underscores the pivotal…
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…report from market intelligence firm Interact Analysis. However, Interact Analysis has revised its long-term forecasts for the industry downward in response to a series of factors, including: a reduced estimate of full-time equivalent workers (FTEs) performing static manipulation tasks; supply side uncertainty caused by some suppliers facing closures or acquisitions between 2023 and 2024; and a global slowdown in investment…
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…conducted by market intelligence firm Interact Analysis (IA), warehouse automation orders declined by an estimated 3% in 2024. The firm said the decline was due to economic, political, and market-specific challenges, including persistently high interest rates in many territories, and the residual effects of an oversupply of warehouses built during the COVID-19 pandemic. Additionally, increasing competition from Chinese vendors is…
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Global research firm Interact Analysis (IA) conducted a report examining the robotic picking marketplace. After a five-month research period and 30-plus interviews with vendors and end-customers, Interact Analysis forecasts have been revised downward from earlier analysis. Technological advancements spur robotic picking growth IA said physical manipulation is seen as the final frontier for warehouse automation. Approximately 50% of the labor…
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Global research firm Interact Analysis has cut its short-term growth projection for the mobile robot market by 18% in 2027 as global economic and political turbulence persists. The outlook for mobile robots - automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) - remains positive, but it is constrained by external factors, which are leading to slowing demand, a ‘wait…
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…According to a 2024 PMMI Report, in conjunction with research firm Interact Analysis, “By addressing concerns and following best practices, companies can successfully integrate AI and reap its long-term benefits.”
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…chain operations,” said Reuben Scriven, Interact Analysis research manager. “The accelerating pace between each billion-pick milestone demonstrates both the scalability of the person-to-goods solution - such as those offered by Locus Robotics - and the growing adoption of AMR technology across the logistics sector,” Scriven added. “What's particularly noteworthy is how this achievement reflects the evolution of human-robot collaboration in…
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…in vision software for logistics robots; and global market research firm Interact Analysis – the world’s leading authority on supply chain automation markets and trends. Download this paper to learn more.
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…lift truck production Research firm Interact Analysis projected that mobile robot spending will reach nearly $3.5B by 2027. “We are thrilled to have secured this additional funding from our investors. It enables us to drive our innovative AMR technology and solutions into the market faster, delivering even more value to our customers sooner,” said Joe Pajer, president and CEO of…
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…Irene Zhang, senior analyst at Interact Analysis, delves into trends in the picking robots market, highlights the key barriers to adoption and gives attendees tips for picking the right solution. Zhang also singled out the three key growth drivers for robotic picking, which are growth of static manipulation roles (due to more warehouses); improved unit economics (due to declining robot…
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…research by market intelligence firm Interact Analysis, the warehouse software market is facing a rapid growth trajectory. In 2023, the market was valued at $7.2 billion, and this is expected to increase to $16.6 billion by 2030. Overall, standalone warehouse management systems (WMS) remains the largest software category. The markets for other warehouse automation-related software, such as robotic picking software,…
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…Samantha Mou, research analyst for Interact Analysis. Siemens Standard Robot Command Interface (SRCI) partners include ABB, Comau, Epson, FANUC, KAKA, Kawasaki, KUKA, Mitsubishi Electric, Stäubli, UR and Yaskawa. Source: Siemens The collaboration will enable Siemens programmable logic controllers (PLCs) that support the Standard Robot Command Interface (SRCI) functions to translate and merge control instructions through its Totally Integrated Automation Portal…
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…from market intelligence research firm Interact Analysis. The cobot market growth comes despite overall demand recovering more slowly than expected post pandemic. Looking to the future, Interact Analysis predicts the global market for cobots will see a 22% increase in shipments during 2024 and anticipates similar levels of growth (>20%) each year through to 2028. Strong financial returns on cobots…
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