Found in Robotics News & Content, with a score of 5.76
…in 2016 expanding to $800 million in 2020, said ABI Research. The market advisory firm yesterday said it has identified and profiled 10 of the most promising vendors of autonomous handling robots. They include Teradyne, Fetch Robotics, BlueBotics, Seegrid, Gideon Brothers, Agilox, Baylo, IAM Robotics, Vecna Robotics, and Forward X. ABI said its ranking criteria include the companies' innovations, mass deployments, and partnerships. It said the following automation providers performed the best: Market leaders: Teradyne, Fetch Robotics, BlueBotics Top implementers: Teradyne, Fetch, BlueBotics Top innovators: IAM Robotics, AGILOX, Seegrid, Gideon Brothers, Vecna Robotics, Fetch Robotics Teradyne led the field through…
Found in Robotics News & Content, with a score of 0.27
…to catch on in warehousing. According to analyst firm ABI Research, the global mobile robotics market will reach $23 billion this year. In a 2020 survey by Peerless Research as part of our annual “Industry Outlook” study, 9% surveyed told us they were already using robotics, and 19% were considering them. But can robotics for intralogistics keep growing quickly, given the disruption from the COVID-19 pandemic? Unemployment has skyrocketed. Some manufacturers temporarily had to shut down sites, and many companies have tightened their budgets, at least in the short term. At the same time, e-commerce has spiked, especially in sectors…
Found in Robotics News & Content, with a score of 4.82
…will be necessary to meet their transformational goals. The research also identified key business use cases that would drive investment in 4G or 5G. Respondents reflected the need to digitalize and improve existing infrastructure (63%), automation with robotics (51%) and achieve new levels of employee productivity (42%). Manish Gulyani, Vice President Marketing, Nokia Enterprise said: “We have reached an inflection point in Industry 4.0 transformation as the fast, secure, low latency connectivity underpinning its implementation now becomes available. This research indicates the strong marketplace appetite for industrial-grade wireless networking to capture the transformational benefits of digitalization and automation. We believe…
Found in Robotics News & Content, with a score of 1.74
…forecasted US$2.1 billion, states global tech market advisory firm, ABI Research. “The current virus outbreak will likely delay the deployment of advanced 5G NR systems, including Massive Multiple Input, Multiple Output (MIMO) and active antennas that several operators have already started deploying,” explains Jiancao Hou, senior analyst at ABI Research. This may mean that operators that have already deployed a significant number of base stations will be in a better position to become early adopters and benefit from an earlier transition from previous generations to 5G, but this will rely on the availability of relevant handsets. In the short term,…
Found in Robotics News & Content, with a score of 6.85
…meetings. However, according to global tech market advisory firm ABI Research, it’s a different situation for manufacturers because, despite investments in automation and reducing the need for staff on assembly lines, they still need to receive raw materials. The impact of Coronavirus is both global and unpredictable, and the supply chain shock it is causing will most definitely and substantially cut into the worldwide manufacturing revenue of US$15 trillion currently forecasted for 2020 by global tech market advisory firm, ABI Research. The virus will have both short- and long-term ramifications for manufacturers. “Initially, plant managers and factory owners will be…
Found in Robotics News & Content, with a score of 4.03
…a recent analysis by global tech market advisory firm ABI Research, total shipments for machine vision sensors and cameras will reach 16.9 million by 2025, creating an installed base of 94 million machine vision systems in industrial manufacturing. Of that installed base, 11% will be deep learning-based. Machine vision systems are a staple in production lines for barcode reading, quality control, and inventory management. “These solutions often have long replacement cycles and are less prone to disruption. Due to the increasing demands for automation, machine vision is finding its way into new applications,” said Lian Jye Su, Principal Analyst at…
Found in Robotics News & Content, with a score of 0.80
…market for mobile robotics is expected to exceed $224 billion by 2030, according to global technology market advisory firm ABI Research. Demand in Japan will be particularly high because of the country’s demographic inversion. Having fewer young people than older people means that there is not enough labor supply to do all the work needed to power the economy. Japanese manufacturers must rely on self-driving vehicles and other forms of industrial automation because there simply are not enough humans to do all the work that needs to be done.
Found in Robotics News & Content, with a score of 3.44
…tracker yet released by global tech market advisory firm, ABI Research. There will be enormous growth across all subsectors, highlighted in a total market valuation of $277 billion (U.S.) by 2030. That growth will not be distributed evenly, however. By 2022, the burgeoning mobile robotics space will start to overtake the traditional industrial robotics market. Currently, mobile autonomy is concentrated in material handling within the supply chain, but mobile robots are set to touch every sector of the global economy for a wide range of use-cases. “Everyone talks about self-driving passenger vehicles, but mobile automation is far more developed in…
Found in Robotics News & Content, with a score of 4.46
…according to data from global tech market advisory firm ABI Research. According to ABI, manufacturing is in the midst of a major digital revolution and is investing in Industrial Internet of Things (IIoT) technologies like Artificial Intelligence (AI), Augmented Reality (AR), robotics (AGVS, AMRs) and cloud-based simulation and modeling. “The transformative shift toward Industry 4.0 technologies and the broader field of software-defined manufacturing (SDM) presents a massive opportunity for a wide range of technology providers and implementers,” says Ryan Martin, Principal Analyst, Industrial & Manufacturing, at ABI Research. Intelligently connected hardware represents the largest share of revenue, growing from US$200…
Found in Robotics News & Content, with a score of 0.18
…promises to be a winning combination. According to the ABI Research report “Smart Home Robotics,” articulation and mobility promise to open the door for broader use of robots in the home. Adding robotic functions to existing voice-control front-end devices affirms activation and engagement through physical movement or simulated facial expressions. Now integrate these mobile machines with the other smart home technologies, and you take home automation to a whole new level. “Smart home devices like thermostats, cameras, motion detectors and so on have zero or almost zero use when an ‘activator’ is not present,” says Frenkel. “Most ‘activators’ we have…
Found in Robotics News & Content, with a score of 1.07
…the warehouse as many companies turn to automation to help address the labor shortage and rising costs. According to ABI Research, more than 4 million robots will be installed in more than 50,000 warehouses by 2025, up from just less than 4,000 robotic warehouses in 2018.
Found in Robotics News & Content, with a score of 2.43
…stepping stone toward sustainable competitive advantages, according to new research from ABI Research, a global tech market advisory firm. The research found that despite the nearly equal number of installed bases of AI-enabled end devices in both markets, the United States has an edge over China due to its different incentives and approaches that encourage AI adoption in industrial manufacturing. In the United States, the ecosystem of AI in industrial applications is growing quickly, the report shows. The expensive labor force has driven the industrial sector to enhance production efficiency and lower operational costs. Currently, cloud service providers, smart manufacturing…