Found in Robotics News & Content, with a score of 8.04
…been covered for 11 important national markets including U.S., China, Japan, Germany, South Korea, and Italy. APAC region leads the global material handling cobots market in terms of sales volume as well as annual revenue, followed by Europe and North America. Strongest growth potential also exists in the vast APAC market in the future with China and Southeast Asian countries expected to be the main driving engines for the growth. The major challenges for material handling cobots market are safety concerns, technological difficulty of improving payload capacity & speed of cobots, and low penetration rates of industrial cobots. Highlighted with…
Found in Robotics News & Content, with a score of 7.88
…use of higher payloads. A UR20 palletizing application with increased payload was showcased for the first time at the China International Industry Fair in Shanghai at the end of September.
Found in Robotics News & Content, with a score of 7.76
…factor for Amazon to launch Amazon Prime services in China this year. Global expansion is a key priority for Amazon, as it consolidates the US market and continues to grow, putting it directly at odds with local markets. One byproduct of this is that a supply chain that spans the world can provide a huge competitive advantage in new markets. Helping foreign sellers gain access to global markets appears to be at least one of the factors in Amazon registering as an international freight forwarder late last year, while also indicating that it views logistics companies as potential competition. Alibaba…
Found in Robotics News & Content, with a score of 7.64
…of the global revenue opportunities will be concentrated in China and the United States, followed by Germany and Japan. Furthermore, the United States leads the way in most industries such as automotive, while China leads in machinery, nonmetallic mineral products, primary metals, and textiles. “There is a long and compelling list of digital transformation technologies and pilot projects that are now graduating to the factory floor. The companies and production environments embracing these opportunities have quickly seen the benefits and want to scale, rather than risk falling behind,” concluded Martin. These findings are from ABI Research’s Digital Factory market data…
Found in Robotics News & Content, with a score of 7.50
…14 countries spreading across Europe, North and South America, China, and Southeast Asia. Musashi specializes in designing, developing, and manufacturing powertrain products such as differential assemblies, planetary gear assemblies, transmission gears and assemblies, and reduction gears for xEVs (electric vehicles). SixAI introduces technology integration in legacy industries and acquires companies in both local and international markets, mainly in the fields of AI, robotics, green energy, cybersecurity, and fintech. SixAI has a strategic partnership with the Japanese corporation Musashi Seimitsu. MAESTRO is an AI 'control tower' MAESTRO is 634AI's proprietary AI-powered centralized control tower that it said enables effective and harmonized…
Found in Robotics News & Content, with a score of 7.48
…warehousing systems in Greece and the Balkans. The Shenzhen, China-based company said the alliance is its third in Europe as it expands in the global intralogistics market. The two parties said they will complement each other by combining HAI Robotics' operational experience and Autonomous Case-handling Robotic (ACR) system with Voyatzoglou Systems' service network. “We're impressed by the Voyatzoglou Systems' local service ability in the Balkan region,” said Kane Luo, vice president of sales at HAI Robotics. “Our rich experience in automation solutions for a wide variety of sectors, from retail to 3PL [third-party logistics] and manufacturing plants, will be grafted…
Found in Robotics News & Content, with a score of 7.44
…plants, warehouses, banks, and hospitals in countries such as China, Japan, South Korea, Germany, and the U.S. Mech-Mind has more than 350 employees worldwide and said it is committed to helping “clients pioneer the next frontier of manufacturing and democratize access for AI-defined robotics to small, midsize, and large businesses alike.” The recent investment was led by Chinese technology giant Meituan, with participation from existing investors including Sequoia Capital China and Source Code Capital. Mech-Eye Laser designed to work in bright light Industrial 3D cameras play an essential role in modern manufacturing. Yet, when it comes to actual factory and…
Found in Robotics News & Content, with a score of 7.44
…provide to our customers.” JD Logistics said that it is replicating elements of its logistics and fulfillment operations in China to address supply chain challenges in North America, he said. This includes providing greater flexibility, inventory optimization, and storage cost reduction to retailers. JD Logistics operates more than 1,500 warehouses in China, and its international business operates approximately 90 bonded facilities, international direct mail warehouses, and overseas warehouses globally. They cover an aggregate gross floor area of approximately 900,000 sq. m (9.6 million sq. ft.) with an over 70% increase year over year, said the company.
Found in Robotics News & Content, with a score of 7.35
…Unitree's quardrupeds reportedly cost less than $10,000. The Hangzhou, China-based company, which was founded in 2013, released its Go1 robot, which costs $2,700, in June 2021. Unitree develops lightweight robot arm For mobile manipulation to be viable, robot arms need to be lighter, more cost-effective, and safer than their cousins in heavy industry. Unitree said its new Z1 robot arm can move smoothly and pick up small objects, open doors, fasten screws, and even pour a glass of wine. The company said its collaborative robot arm has potential industrial, retail service, and consumer applications. “With it, the omnipotent robot dog…
Found in Robotics News & Content, with a score of 7.31
…industrial robotics startups.” IDG Capital and Meituan led Mech-Mind's Series C1 round, with participation from returning investors Sequoia Capital China and Source Code Capital. Taihecap was an investment bank advisor. Mech-Mind said it serves verticals such as automotive, home appliance, food and beverage, and pharmacy. The company's customers include BMW, DHL, Honeywell, Siemens, and Yaskawa.
Found in Robotics News & Content, with a score of 7.29
…has the advantage of being “neutral turf” between Japan, China, and other large countries. Philipp Schitter, AutoStore “With our new location, the office is not just to sell into the Singapore market, but also to serve as a hub for the larger APAC region,” Schitter told Robotics 24/7. “We have opened a subsidiary in Japan and another in South Korea.” While Singapore can be expensive, it offers several other advantages, he noted. “We see a lot of corporate headquarters here,” noted Schitter. “Space is very precious here, so everything is expensive.” “Cost pressures are a good driver for automation,” he…
Found in Robotics News & Content, with a score of 7.29
…period. The Asia Pacific region, which includes countries like China, Japan, South Korea, India, and others, is a dominant player in the global collaborative robot market, accounting for nearly half of the market share. The projected growth is driven by the presence of both global and domestic players, with China being a particularly significant contributor. Additionally, factors such as an aging population and rising labor costs in several Asian countries are expected to further boost market growth in the coming years. Among the report’s key highlights: Smart factories are on the rise. The number of smart factories has been rapidly…