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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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…has responded, with research firm Interact Analysis recently noting that mobile robot shipments grew at a 70% clip in 2021 and predicting that by the end of 2027, more than four million AMRs will be installed globally. There won’t be quite that many robots at ProMat, but everyone will be talking about them. The deeper story is a maturing market.…
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…Inc. analyst Dwight Klappich and Interact Analysis analyst Rueben Scriven. Gartner also said that by 2026, more than half of companies using intralogistics robots will use a multiagent orchestration platform containing an open API control multi-vendor fleets. GreyOrange claimed that GreyMatter is just such a platform to equip companies for solutions to future problems. It can respond to customer orders,…
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Earlier this month, research firm Interact Analysis released a new report outlining mobile robot sales for 2021. The firm found that global sales of mobile robots jumped more than 70% in 2021, topping 100,000 units for the year. The report focused on “material handling applications in manufacturing and logistics environments,” it said. “Despite the market for mobile robot technology being…
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…most analyst estimates. For example, Interact Analysis predicts that by 2030 nearly 70% of all electric trucks sold will be running on some variant of Li-ion. Industry-wide trends, however, shouldn’t dictate what will work best for a fleet, or even a specific application within a fleet, says Hosmer. Lead-acid, for example, is proven, affordable and well suited to many operations,…
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…recent Mobile Robot Report from Interact Analysis. However, in the British manufacturing industry, many manufacturers in the automotive industry still rely on manual tuggers to tow small loads from warehouse to manufacturing, even though these are not very cost-efficient and involve a lot of manual material handling. “The United Kingdom has a strong manufacturing industry that has low annual robot…
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…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…
From geometry preparation to AI-assisted analysis, integrated CFD workflows…
Software-based GripperAI manages mixed picking through basic geometry
Safety, communication and motion control components enable smooth operation
North America’s largest robotics and automation event winds down