Found in Robotics News & Content, with a score of 10.26
…robot sales are rocketing. Research from market insights firm Interact Analysis showed that global mobile robot market revenues grew by 20% in 2020. That year, at the height of the pandemic, nearly 60,000 mobile robots were shipped – an increase of over 25% on 2019. The problem for warehouses is that most mobile robot set-ups are designed to do a limited set of tasks in a warehouse and, as warehouses add more robots, they are reaching the limits of possible efficiencies with current technology. What is needed is a way to seamlessly integrate robots from different vendors into a unified…
Found in Robotics News & Content, with a score of 8.88
…picking technology” said Ash Sharma, senior research director at Interact Analysis. “One billion picks is an incredible milestone and is testament to Locus Robotics’ innovation and vision over the past few years.” “The acceleration to 1 billion picks shows that we now have customers using robots in multiple sites,” Dekin observed. “We've then earned the right to get more customers. We've also earned the right to expand geographically, with a strong presence in North America and Europe, and we've gone live with our first site in APAC [Asia-Pacific].” “Even within a single site, we've had to earn the right to…
Found in Robotics News & Content, with a score of 11.89
…(AGVs) and AMRs shipped globally last year, according to Interact Analysis. It noted that AMR shipments surpassed those of AGVs and that China and the U.S. are leading markets for mobile robots. In addition, the firm predicted that 2.1 million mobile robots will ship by the end of 2025. The global market for mobile robots could expand from $13.56 billion in 2021 to $77.98 billion in 2030 at a compound annual growth rate (CAGR) of 21.1%, estimated Next Move Strategy Consulting. Geek+ said its growing global network will help it meet the increasing demand for warehouse robots in the U.S.…
Found in Robotics News & Content, with a score of 5.98
…said Rueben Scriven, a senior analyst with research firm Interact Analysis, which tracks the automation market. “If a company wanted a good automation solution, they would turn to a company with reputable, innovative hardware. But over time, these systems have gotten commoditized, where by and large the automated equipment you can get from various vendors is going to be similar.” For vendors, said Scriven, hardware commoditization creates a need to differentiate their solutions and create lasting ties to customers. While maintenance and services of automated equipment has been one way to do that, increasingly, it’s software that sets vendors apart,…
Found in Robotics News & Content, with a score of 21.25
…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 11.35
…their facilities. AMR sales on the rise Last month, Interact Analysis reported that more than 100,000 mobile robots were deployed globally last year, which it said is the first time that milestone has been met. “The current labor shortage, coupled with strong e-commerce growth, has accelerated manufacturing and logistics companies’ plans to automate,” wrote Ash Sharma, managing director at Interact Analysis and the author of the report. “This has caused sales in mobile robots to spiral, with nearly 70% more vehicles shipped than the year before and a 36% increase in revenues, which rose to nearly $3 billion.” AMRs are…
Found in Robotics News & Content, with a score of 11.60
…Sullivan recently presented it a Technology Innovation Leader Award. Ranked No. 1 in automated tow tractor market share by Interact Analysis, Seegrid noted that its Palion Tow Tractor can move multiple payloads weighing up to 10,000 lb.
Found in Robotics News & Content, with a score of 8.21
…Reuben Scriven, who are analysts at the research firm Interact Analysis. Back in March, Stott published a report that forecast a total of 7,300 automated MFCs to be installed globally by 2030, with half of those within the Americas – the US still leading the way. Sounds impressive, but he noted that the rollout of MFCs was slower than previously expected “due to a range of both supply-side and demand-side factors.” In other words, it isn’t all about the problems in the supply chain. On the supply side, Stott reported that 60 systems were on order going into 2021 but…
Found in Robotics News & Content, with a score of 18.74
…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…
Found in Robotics News & Content, with a score of 8.88
…sharp increase over the past few years, according to Interact Analysis (see below). It projected the AMR hardware market alone to grow from $1 billion (U.S.) in 2017 to $7 billion in 2022, and that was even before the pandemic. The shift by automotive manufacturers to electric and autonomous vehicles, the mass personalization of goods and services, worldwide e-commerce growth, and worsening labor shortages are driving this growth. In addition, AMRs are starting to provide more value for end users by collecting data to be shared and analyzed in close to real time. This is helpful for inventory management, knowing…
Found in Robotics News & Content, with a score of 35.70
…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 11.45
…every year until 2028, according to market research firm Interact Analysis. This is a massive increase on the previous predicted growth rate of 20-25%. In fact, as soon as 2023, as much as 5% of the entire United States’ forklift fleet is predicted to be automated. As much as 5% of the US forklift fleet is predicted to be automated by 2023 | Image credit: Robotics Business Review 4 factors driving the growth of automated forklift systems A combination of factors is driving the rapid growth of automated forklift systems, including: A tight labor market. It remains difficult to hire…