Found in Robotics News & Content, with a score of 12.71
September 06, 2023
…2030, up from $236 million in 2022, according to Interact Analysis. Fizyr claimed that its vision software offers “the smartest, fastest and most effective brain available to maximize robotic capabilities.” “Compatible with all major robotics systems on the market, Fizyr's vision-based AI enables robots to see, perceive, account for variances, learn, and perform more successfully than any other robotic software,” the company asserted. At LogiMAT in April, Fizyr showed how its systems enable robotic picking, sortation, and parcel induction. At Automatica in June, the company demonstrated with Zivid and The Gripper Company a picking cell that could handle transparent poly…
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 12.67
November 30, 2022
…ground according to the 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 installation counts,” according to Milton Guerry, president of the International Federation of Robotics. “The automotive and also general industry markets need to invest in automation technology to keep up with international competitors.” About the author Malene…
Found in Robotics News & Content, with a score of 12.66
November 23, 2021
…of strong growth Seegrid said the Ernst & Young nomination follows a year of growth and momentum, in which Interact Analysis named it the leading U.S. mobile robot provider for its AMRs and intelligent automation. The technology company also rapidly expanded its product portfolio and released several enhancements. Seegrid recently added a robotics-as-a-service (RaaS) subscription model for its AMRs. Seegrid also premiered the Seegrid Palion Lift AMR, its first autonomous lift truck, which includes 3D perception. The robot is available to select customers through the Seegrid Technology Early-Access Program (STEP).
Found in Robotics News & Content, with a score of 12.54
November 04, 2021
…supply chains,” said Ash Sharma, senior research director at Interact Analysis. “But that alone will not be enough to cope with growing SKU counts and retailers' desire for better stock availability.” “This mezzanine-style approach is finding strong adoption around the world as a way to easily provide additional warehouse capacity at existing facilities,” he observed. Source: Locus Robotics Locus adds orchestration features Locus Robotics claimed that it can intelligently orchestrate tasks across multiple levels or mezzanines in very large centers, optimizing workflows and order consolidation for maximum throughput. The company said its workflow optimization engine directs LocusBots and workers to…
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 11.89
September 12, 2022
…(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 11.60
April 20, 2022
…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 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 11.44
March 30, 2022
…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…
Found in Robotics News & Content, with a score of 11.35
April 25, 2022
…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 11.31
December 28, 2020
…according to Ash Sharma, managing director with analyst firm Interact Analysis. That may sound like quite a few, but with more than 1 million lift trucks of all types shipped last year, it amounted to 0.3% of the market. However, with a sharp increase in e-commerce in this pandemic year and added pressure on warehouses and other industrial sites to improve on cost efficiencies and order cycle times, Interact Analysis predicts robust growth for robotic lift trucks, which it sees as inclusive of vehicles based on automatic guided vehicle (AGV) technology or those that use autonomous navigation. Through 2028, Interact…
