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…million in 2022, according to Interact Analysis. Fizyr claimed that its vision software offers “the smartest, fastest and most effective brain available to maximize robotic capabilities.” “Compatible with all major robotics systems on the market, Fizyr's vision-based AI enables robots to see, perceive, account for variances, learn, and perform more successfully than any other robotic software,” the company asserted. At…
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…Ash Sharma, managing firector at Interact Analysis. “Billions of dollars are being invested in implementing robots to help pick, move and sort goods through warehouses across the world,” he said. “Humanoid robotic solutions are the next step in the evolution of the industry as customers look for more flexible automation that can be used across multiple workflows.” Apptronik sets sights…
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…Ash Sharma, managing director of Interact Analysis. “Locus' innovative approach to leveraging autonomous mobile robots underscores not only their strong growth trajectory, but also their significant contribution to reshaping the logistics landscape around the world.” Locus Robotics claimed that its commitment to excellence and customer satisfaction has earned it a growing customer base across e-commerce, healthcare, manufacturing, retail, and third-party…
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…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…
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…for platforms that coordinate AMRs. Interact Analysis, for example, estimates the segment it calls multi-fleet orchestration platforms will grow at a CAGR of 138% through 2027. Compose your integration Among the WMS and warehouse execution system 〈WES〉 vendors addressing robotics integration is Softeon, which recently acquired warehouse technology and implementation firm GetUsROI and its software-development arm. That brought with it…
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New research by Interact Analysis shows the market for robotic picking is in the early stages of growth but presents huge potential. The market was worth $236 million in 2022, but by 2030 this will increase to $6.8 billion. Rising labor costs and supply chain constraints are likely to be key drivers for the market, as companies turn to automation…
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…projects, according to research firm Interact Analysis. Despite this, Interact predicts, long-term projections remain steady, with electric vehicle (EV) manufacturing and new energy related applications fueling global demand for industrial robots and growth of 5-7% forecast for the sector out to 2027. Interact Analysis has recently published updated forecasts for the industrial robot market, and they mark the most significant…
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…data from market intelligence specialist Interact Analysis predicts a CAGR of 138% between 2021 and 2027 for multi-fleet orchestration technology. CoEvolution Co-Founder and COO Michael Wang commented that, “Achieving in excess of 50 deployments is a huge landmark and we are happy to have cemented our place as a leading company in the field of multi-vendor robot fleet interoperability. Our…
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New research by Interact Analysis shows the market for robotic picking is in the early stages of growth but presents huge potential. The market was worth $236 million in 2022, but by 2030 this will increase to $6.8 billion. Rising labor costs and supply chain constraints are likely to be key drivers for the market, as companies turn to automation…
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…has responded, with research firm Interact Analysis recently noting that mobile robot shipments grew at a 70% clip in 2021—and they’re predicting that by the end of 2027, more than four million AMRs will be installed globally. And while everyone is talking about them, the deeper story is on how the market is maturing. The focus is turning to high-value…
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…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…
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…research by market intelligence firm Interact Analysis, the collaborative robot (cobot) market will enjoy modest growth out to 2032, with annual growth rates sitting at around 20%. Collaboration between humans and robots is now widely accepted, Interact Analysis noted, so robot manufacturers suggest that the key to future success will be their ability to scale up production and develop new…
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…for platforms that coordinate AMRs. Interact Analysis, for example, estimates the segment it calls multi-fleet orchestration platforms will grow at a CAGR of 138% through 2027. Compose your integration Among the WMS and warehouse execution system 〈WES〉 vendors addressing robotics integration is Softeon, which recently acquired warehouse technology and implementation firm GetUsROI and its software-development arm. That brought with it…
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…Ventures Ash Sharma, managing director, Interact Analysis Oliver Mitchell, partner, ff Venture Capital Did this come as a surprise to you? If not, why not? Saad: In a sense, yes, but M&A in the space is not surprising at all, and we should actually expect more of that in the coming 12 to 18 months. Sharma: Partly. What’s not surprising…
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…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…
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