Found in Robotics News & Content, with a score of 11.46
November 05, 2024
…essential to modern supply 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 warehouses, where technology enhances rather than replaces human capabilities.” Locus Park opens as new home for business and operations In addition to the four-billion-pick milestone, Locus is also celebrating the opening of its new global headquarters,…
Found in Robotics News & Content, with a score of 17.49
September 06, 2024
…major steps in AMR, 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 Seegrid. “In addition, this investment is a testament to the confidence our investors have in our vision, the strength of our leading-edge AMR technology and solutions, and the accelerating market traction we are achieving. Seegrid pioneered…
Found in Robotics News & Content, with a score of 45.24
July 01, 2024
According to recently-published 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, multi-fleet orchestration platforms, and warehouse control systems (WCS), are expected to grow rapidly and at a higher growth rate than the total warehouse software market. RaaS, AMR adoption has driven need for fleet management “The exponential growth…
Found in Robotics News & Content, with a score of 13.40
June 28, 2024
…UR and JAKA, reported 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 (TIA Portal). This arrangement will enable engineers to use Siemens’ development environment to control robots without using robot programming languages. Prior to this announcement, Siemens was already working in cooperation with Comau, Stäubli, Kawasaki, and Yaskawa…
Found in Robotics News & Content, with a score of 35.59
May 30, 2024
…according to new data 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 Annual revenue growth for cobots was around 11.9% in 2023, despite a challenging year for manufacturing, tough economic conditions and supply chain issues. Demand for cobots in the automotive and new energy industries remained high last…
Found in Robotics News & Content, with a score of 12.19
November 02, 2023
…survey by CITE Research 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 deployed more quickly,” said Craig Malloy, CEO of Vecna Robotics, in a release. “Instead of providing a standard SLA [service-level agreement], we’re flipping the script,” he added. “We believe that a performance guarantee on customers’ terms—along…
Found in Robotics News & Content, with a score of 12.71
October 25, 2023
…on the prospects for 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 development roadmaps, investigate ways to expand global support, and grow our organization in a manner that continues to support new and existing customers more comprehensively. Rockwell also has substantial economies of scale; economies of scale which…
Found in Robotics News & Content, with a score of 14.60
October 13, 2023
…lead this technological transformation.” 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, Calif., the company has over 1,500 employees, as well as facilities in Germany, the U.K., Japan, South Korea, China, and Singapore. Editor's note: Geek+ will be participating in the keynote session of the 2023 Robotics Applications…
Found in Robotics News & Content, with a score of 29.28
October 06, 2023
Geekplus Technology Co. 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 No. 1 spots for both order-fulfillment and mobile robots, marking the fifth year in a row where the company has been ranked first in AMRs. “These rankings show that our products, led by our shelf-to-person solutions, are…
Found in Robotics News & Content, with a score of 14.44
October 04, 2023
…2030, up from $236 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 successful client outcomes, unrivaled pick-and-place robotics expertise, and a well-rounded approach to automation design and deployment.” Delft, Netherlands-based Fizyr said its vision-based AI is compatible with all major robotics systems on the market. It enables robots…
Found in Robotics News & Content, with a score of 9.79
September 14, 2023
…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 9.14
September 13, 2023
…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…
