Found in Robotics News & Content, with a score of 9.81
…estimated size of $6.2 billion by 2027, according to Interact Analysis. AMR vendors are continuing to consolidate, with Rockwell Automation Inc. saying on Sept. 5 that it has signed a definitive agreement to acquire Clearpath Robotics Inc. “Transporting parts and materials to assembly lines and between manufacturing cells is one of the industry’s most complex and inefficient tasks, often resulting in production bottlenecks,” said Rockwell. “Autonomous production logistics will transform the workflow throughout a manufacturing plant, enabling substantial reductions in cost and greater operational efficiency.” “Autonomous mobile robots ... are the next frontier in industrial automation and transformation, and this…
Found in Robotics News & Content, with a score of 9.47
…have had an accelerative effect on the mobile robotics sector, particularly for AMRs,” said Ash Sharma, managing director at Interact Analysis. “Deployments are up and increasing rapidly, and you can expect more of the same in the future.” In addition to R&D, ForwardX said it plans to use the funding to open an office on the U.S. East Coast, expanding its ability to serve the North American market. Since its previous funding round, ForwardX has opened an office in Tokyo and added partners across the Asia-Pacific region, Europe, and South America.
Found in Robotics News & Content, with a score of 9.30
…customers’ demands,” said Ash Sharma, senior research director at Interact Analysis. “Fetch Robotics, now part of Zebra Technologies, has responded to this demand by developing an integrated fulfillment solution.” “Retailers and 3PLs can now not only streamline each picking operations, but [they can also] leverage the entire portfolio of Fetch AMRs to automate any manual workflow in fulfillment and distribution centers,” he added. Zebra said the new offerings can help businesses modernize their warehouse operations with improved accuracy, productivity, and worker safety—from inbound operations to outbound fulfillment. Three AMRs offer higher throughput Built on the Fetch Freight100 platform, the FlexShelf,…
Found in Robotics News & Content, with a score of 9.22
…which was recently named the No. 1 AMR by Interact Analysis. HDS Global said its high-throughput technology is built for rapid rollout and has a 50% lower cost of operation than today's systems. After the debut of RoboFS last month, potential customers, partners, and institutional investors can visit the new center to see how the system will be implemented at scale, said the company. “HDS Global is pushing robotics and automation into new territory, which is tremendously exciting,” said Weiss. “To see RoboFS in a production environment allows decision makers to envision what ecommerce could be, which is a magical…
Found in Robotics News & Content, with a score of 9.17
…a total of 4 million installed units, according to Interact Analysis. In addition, the analyst firm predicted that revenue could grow by 30% to 40% annually between 2022 and 2027. With only 14% of warehouses having adopted at least one order-fulfillment AMR as of 2021, “the potential for futher expansion is significant,” said MOV.AI and Advantech. Advantech provides ruggedized hardware Founded in 1983, Advantech offers hardware, software, embedded systems, design services, systems integration, and global logistics support. The Taipei, Taiwan-based company has an office in Milpitas, Calif., and said it supports a wide range of applications and industries. Advantech said…
Found in Robotics News & Content, with a score of 9.16
…its capabilities to supply the European market, whose shipments Interact Analysis predicted will experience a 7% compound annual growth rate (CAGR) through 2027. When the new campus is completed, ABB said it will have invested $450 million in its three robotics plants since 2018. That figure included its mega factory in Shanghai, which supplies customers in Asia, and its facility in Auburn Hills, Mich., which supports the Americas. “This is a great time to invest in robotics and automation,” said Sami Atiya, president of ABB’s Robotics & Discrete Automation Business Area. “This new campus is a significant part of our…
Found in Robotics News & Content, with a score of 9.15
…severe labor shortages,” said Ash Sharma, Managing Director at Interact Analysis, a market research firm covering the intelligent automation sector. “Warehouses are massively under-penetrated today, but increasingly operators are seeing the huge benefits that warehouse robotics such as the Locus solution can bring. As a result, we expect that over a million warehouse robots will be installed over the next four years and the number of warehouses using them will grow ten-fold.” Locus’s proven multi-bot solution for warehouse fulfillment incorporates collaborative, autonomous mobile robots that significantly improve productivity and deliver powerful, actionable business intelligence, according to Locus. The company also…
Found in Robotics News & Content, with a score of 8.90
…sharp increase over the past few years, according to Interact Analysis (see below). It projected the AMR hardware market alone to grow from $1 billion (U.S.) in 2017 to $7 billion in 2022, and that was even before the pandemic. The shift by automotive manufacturers to electric and autonomous vehicles, the mass personalization of goods and services, worldwide e-commerce growth, and worsening labor shortages are driving this growth. In addition, AMRs are starting to provide more value for end users by collecting data to be shared and analyzed in close to real time. This is helpful for inventory management, knowing…
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 8.22
…Reuben Scriven, who are analysts at the research firm Interact Analysis. Back in March, Stott published a report that forecast a total of 7,300 automated MFCs to be installed globally by 2030, with half of those within the Americas – the US still leading the way. Sounds impressive, but he noted that the rollout of MFCs was slower than previously expected “due to a range of both supply-side and demand-side factors.” In other words, it isn’t all about the problems in the supply chain. On the supply side, Stott reported that 60 systems were on order going into 2021 but…
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 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…