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…Monday at Automate, research company Interact Analysis, a research partner to A3 and its members, presented its outlook for the global manufacturing economy, as well as data on the AMR and computer vision markets. Interact foresees only slight growth for the manufacturing economy globally in 2024 (forecasted growth of 0.2%) but picking up steam in 2025 with a forecast of…
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…US, with market intelligence agency Interact Analysis forecasting the US mobile robots market will grow at a CAGR of 37% between 2023 and 2027, expanding from $1.1bn to $3.8bn. “There is huge potential for greater automation in the US,” commented LexxPluss COO, Rizo Itakura. Our products remove barriers to scaling up and integrating automation with existing systems. Customers can start…
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…Ash Sharma, managing director at Interact Analysis, writing in an Interact Analysis blog post from last fall, after it was announced Amazon would begin piloting Agility's Digit, noted that “warehousing offers the perfect combination of repetitiveness and menial work, coupled with a lack of standardization and a lack of uniformity of things handled” within which “the flexibility of humanoid robots…
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…According to market research firm Interact Analysis, in 2023, lithium batteries powered about 35% of all electric lift trucks worldwide, but by 2030, this share will leap up to near 80% of all electric industrial trucks. Rapid gains are expected for lithium among Class III vehicles, but with 48-volt and 72-volt batteries, lithium trucks can handle a range of applications…
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…many forms. Market intelligence firm Interact Analysis forecasts more than 150,000 picking robots will be installed by 2030, with annual shipments jumping from less than 2,000 in 2022 to just above 50,000 by the end of the decade, driven by rising wages in warehouses, labor shortages, and rapid development of artificial intelligence (AI) and vision technology. To handle the SKU…
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…many forms. Market intelligence firm Interact Analysis forecasts more than 150,000 picking robots will be installed by 2030, with annual shipments jumping from less than 2,000 in 2022 to just above 50,000 by the end of the decade, driven by rising wages in warehouses, labor shortages, and rapid development of artificial intelligence (AI) and vision technology. To handle the SKU…
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…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…
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…your brands? Rendall: According to Interact Analysis, the market for AMRs in manufacturing is expected to grow about 30% per year over the next five years, with an estimated market size of $6.2 billion by 2027. With mobile robots on the rise, and now having access to Rockwell’s extensive network and resources, OTTO Motors and Clearpath Robotics can accelerate product…
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…Founded in 2015, Geek+ said Interact Analysis has ranked it as a global leader in robotics for logistics. The Beijing-based company claimed that it has developed AMRs to realize flexible, reliable, and highly efficient automation for warehouses and supply chain management. More than 700 businesses around the world use Geek+ systems, said the company. With U.S. offices in San Diego,…
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…today announced that research firm Interact Analysis has named it as a global market leader autonomous mobile robots, or AMRs, for fulfillment. U.K.-based Interact Analysis cited both the continued growth of the warehouse industry and Geek+’s dominant position in both the order-fulfillment and AMR categories. The announcement of the new global market-share rankings from Interact Analysis placed Geek+ in the…
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…million in 2022, according to Interact Analysis. To address this growing demand, Fizyr said it has partnered with top integrators to develop systems for “significant unmet needs.” “Working with Fizyr, integrators not only get the smartest, fastest, and most effective computer vision available to maximize robotic capabilities,” claimed the company, but “they [also] get a partner committed to collaboration and…
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…to a recent study by Interact Analysis, despite a recent slowdown in demand for automation projects (in part due to a reduction in warehousing construction), this demand is expected to return to growth in 2024. The Zebra study found that 69% of warehouse decision-makers already have or are planning to automate workflows by 2024 to support warehouse associates and shift…
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…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…
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…according to market intelligence firm Interact Analysis. When the campus is completed, ABB will have invested $450 million in its three robotics facilities since 2018, including its mega factory in Shanghai that supplies customers in Asia, and its Auburn Hills facility that supports the Americas. “This is a great time to invest in robotics and automation. This new Campus is…
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…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.,…
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