Found in Robotics News & Content, with a score of 45.22
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 42.11
December 23, 2022
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 well established, it is not yet close to reaching saturation, with new applications and opportunities continuing to emerge,” said Interact Analysis. “The manufacturing industry is expected to continue to drive growth, as the market rebounds from the effects of Covid…
Found in Robotics News & Content, with a score of 39.97
July 02, 2023
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 to relieve operational pressures, the research firm added. The growth of e-commerce and warehouse automation is also expected to impact the market for robotic picking technology. There are currently very few suppliers to the robotic picking market and a low…
Found in Robotics News & Content, with a score of 38.68
October 12, 2021
Seegrid Corp. today announced that Interact Analysis has named it as the No. 1 provider of mobile robots in the U.S. and No. 1 in market share worldwide for automated tow tractors. Interact Analysis' 2021 Mobile Robot report evaluated 2020 data and focused on material handling applications in manufacturing and logistics environments. “For nearly five years, we have been closely following the tremendous growth in the AGV [automated guided vehicles] and AMR [autonomous mobile robot] market across the globe, and this report reinforces that Seegrid has successfully capitalized on this opportunity,” said Ash Sharma, managing director and robotics and leader…
Found in Robotics News & Content, with a score of 35.68
March 31, 2022
…Technology Co. published in partnership with market research firm Interact Analysis. Beijing-based Geek+ said the 19-page paper, titled “The Future of Warehouse Robotics,” examines where the warehouse industry is at in the beginning of 2022 and the new approaches made possible by AMR technology. Founded 2015, Geek+ said it is trusted by over 500 global industry leaders and has been recognized as a world leader in autonomous mobile robots (AMRs) by Interact Analysis. The company said it has deployed more than 200,000 robots worldwide. Geek+ added that it applies robotics and artificial intelligence to realize flexible, reliable, and highly efficient…
Found in Robotics News & Content, with a score of 35.58
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 35.06
March 26, 2022
…young, they are actively reshaping manufacturing and warehouse operations. Interact Analysis reported that about 100,000 mobile robots were shipped globally last year. That's the highest ever sold. That includes automated guided vehicles (AGVs) as well as AMRs. AMR sales strong in response to pandemic, labor shortage The rising adoption of mobile robots is in part because of the COVID-19 pandemic, labor shortages, and the acceleration of online ordering, said Ash Sharma, managing director at Interact Analysis and author of the report. Because more companies are choosing to automate, “this has caused sales in mobile robots to spiral, with nearly 70%…
Found in Robotics White Papers & Archives, with a score of 31.61
September 16, 2024
…Plus One Robotics – a San Antonio-based specialist in vision software for logistics robots; and global market research firm Interact Analysis – the world’s leading authority on supply chain automation markets and trends. Download this paper to learn more.
Found in Robotics News & Content, with a score of 29.51
September 27, 2019
Market intelligence firm Interact Analysis has published a new market report forecasting the warehouse automation market will grow at a CAGR of 12.6% over the next five years. However, the firm also predicts a temporary dip in revenue growth between 2020 and 2021. The research outlines how, with the growing trade tensions between the US and China, coupled with slowing demand in Europe, the global economy is looking increasingly vulnerable and many businesses are delaying capital expenditure. This is reflected in warehouse automation vendors reporting a sharp drop in their order intake. The report reveals how, during the past few…
Found in Robotics News & Content, with a score of 29.26
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 21.24
May 19, 2022
…being named a technology innovation leader by Frost & Sullivan, the No. 1 AMR provider in the U.S. by Interact Analysis, and the No. 4 most innovative robotics company in the world by Fast Company.
Found in Robotics News & Content, with a score of 18.73
April 11, 2022
Recording: April 20, 2022 at 2:00 EST
…with uniquely intelligent autonomous solutions. Ash Sharma Managing director Interact Analysis In addition to leading Interact Analysis' European, Middle Eastern, and African (EMEA) operations, Sharma is the lead for the firm's Robotics and Warehouse Automation Division. He brings 20 years of experience to the table in sectors ranging from industrial automation and smart manufacturing to drones, robotics, and medical technology. Sharma previously served as vice president and senior director at IHS Markit, where he led its power and industrial technology research practices. Sharma led a team of more than 80 analysts providing research on sectors including industrial automation and smart…
