Found in Robotics News & Content, with a score of 16.07
April 09, 2022
…to the International Federation of Robotics (IFR). Japan, South Korea, China, and Singapore are some of the biggest robotics exporters and consumers. The IFR found that Asia has the highest density of robots in the manufacturing industry. Robotics clusters faciliate networking To facilitate innovation and networking, organizations have developed to help bolster their local robotics clusters. They serve their communities as a space for research and development, networking for investment, and recruitment. Like a chamber of commerce or a typical business association, many of these organizations were created to drive investment in regional talent pools and to foster business-to-business partnerships.…
Found in Robotics News & Content, with a score of 16.06
December 14, 2021
…five most automated countries in the world are South Korea, Singapore, Japan, Germany, and Sweden, according to the International Federation of Robotics (IFR). “Robot density is the barometer to track the degree of automation adoption in the manufacturing industry around the world,” stated Milton Guerry, president of the IFR. China leads Asian robotics usage The development of robot density in China is the most dynamic worldwide, said the IFR. Due to the significant growth of robot installations, the density rose from 49 units in 2015 to 246 units per 10,000 workers in 2020. Today, China’s robot density ranks ninth globally,…
Found in Robotics News & Content, with a score of 15.38
September 14, 2022
…of $15 billion (U.S.) in 2020. The Seoul, South Korea-based group founded Doosan Robotics in 2015. The company said it makes cobots and service robots for the next generation of manufacturing. Doosan develops three cobot lines Doosan Robotics' four M-SERIES collaborative robots are equipped with six torque sensors in every joint. The company said they enable customers to experience advanced cobots with industry-leading safety and human-level dexterity. The M-SERIES cobots have been particularly popular in Germany and the U.S. because of their versatility, as well as their intuitive and easy application, said Doosan. The models have a working radius of…
Found in Robotics News & Content, with a score of 15.28
December 22, 2022
…the global no. 6 automotive supplier, headquartered in Seoul, Korea. The company's products include various components for electrification, brakes, chassis, and suspension, steering, airbags, lighting and automotive electronics. Hyundai Mobis operates R&D headquarters in Korea, with four technology centers in the United States, Germany, China, and India. Ottopia’s software has helped cut costs Ottopia's teleoperation software enables autonomous vehicle fleets to do things they otherwise cannot while allowing their developers to dramatically cut R&D costs and comply with regulatory requirements. With Ottopia, humans in a remote center can safely monitor, guide and directly control fleets of vehicles. The core of…
Found in Robotics News & Content, with a score of 14.87
October 26, 2022
…the orthopedic surgical robot business,” Lee added. KDB Investment is a private equity firm that is wholly owned by Korea Development Bank. It focuses on promoting and advancing the interests of companies by providing financial and operational supports. Customers in the global market looking for more flexibility and choice over current offerings will embrace THINK Surgical's differentiated business model, said KDB Investment. Another shareholder in THINK Surgical is Seoul, South Korea-based CUREXO Corp., which is developing a spinal surgery robot.
Found in Robotics News & Content, with a score of 14.75
January 06, 2022
…sold more than 1,000 collaborative robots. The Seoul, South Korea-based company said it plans to establish subsidiaries in North America and Europe, make an initial public offering, and strengthen its research and development capabilities. “We're looking forward to expediting the growth of our business with the recent funds raised,” said William (Junghoon) Ryu, CEO of Doosan Robotics. “We will further enhance the competitiveness of new products and software that are mounted with our proprietary technology and strive to attain the position as No. 1 market share holder in the global cobot market.” Founded in 2015 by Doosan Group, the company…
Found in Robotics News & Content, with a score of 14.39
June 03, 2021
…which claims to be the third-largest congolmerate in South Korea, with more than 120 operating companies. It has developed strategies with global affiliates in logistics and services, energy and chemicals, information and communications technologies, semiconductor and materials, and biological and pharmaceuticals sectors. “Our partnership with Kodiak will help accelerate the commercialization of self-driving trucks in Asia,” said Jungho Shin, executive vice president of SK Inc. “Kodiak's industry-leading technology and SK's unrivaled reach in Korea and across Asia make this a natural partnership. We look forward to working with Kodiak to make autonomous trucking a reality around the globe.” Founded in…
Found in Robotics News & Content, with a score of 14.37
November 07, 2023
…automation in several countries such as China, Japan, South Korea, India, the US, Germany, and Spain. For example, in April 2022, The West Japan Rail Company utilized a Giant virtual reality-operated humanoid robot to fix power lines in Japan. Smart manufacturing, which leverages the use of cutting-edge computing, analytics, low-cost sensing, and new levels of communication, is supporting several industrial advancements, the report says. The proper functioning of smart manufacturing requires industrial robots which are integrated with IoT microprocessors, microcontrollers, sensors, and switches that can enhance production efficiency. Hence, such factors are expected to drive the humanoid robot market growth…
Found in Robotics News & Content, with a score of 14.24
October 12, 2015
…of the total sales volume: China, Japan, USA, South Korea and Germany. “The main driver of this development is the global competition of industrial production,” said Arturo Baroncelli, president of the International Federation of Robotics (IFR). “The automation witnessed by the automotive sector and the electrical/electronics industry comes out top here with a market share of 64%.” Within this context, IFR suggested the rapid automation in China represents a unique development in the history of robotics. The number of industrial robots sold increased by 56% alone last year in comparison to 2013. China is the largest and fastest growing robotics…
Found in Robotics News & Content, with a score of 14.02
November 29, 2022
…a pilot at its manufacturing plant in Ulsan, South Korea. In addition, Seoul, South Korea-based Hyundai Mobis said it has created an integrated controller system for its robots. Its parent company also owns legged robot maker Boston Dynamics Inc. “We are brainstorming innovative and creative ideas to develop safe and precise robotics technologies,” said Lee Seung-Hwan, head of the advanced engineering at Hyundai Mobis. “We hope to use these human-robot collaborative solutions to further expand the scope of our business.” Hyundai Mobis builds mobile manipulators The mobile robots have articulated arms and can move autonomously in environments such as factories…
Found in Robotics News & Content, with a score of 13.84
October 19, 2018
…the total sales volume in 2017: China, Japan, South Korea, the United States and Germany. China has significantly expanded its leading position with the strongest demand and a market share of 36% of the total supply in 2017. With sales of about 138,000 industrial robots (2016-2017: +59%) China´s sales volume was higher than the total sales volume of Europe and the Americas combined (112,400 units). Foreign robot suppliers increased their sales by 72% to 103,200 units, including robots produced locally by international robot suppliers in China. According to IFR, this is the first time that foreign robot suppliers have a…
Found in Robotics News & Content, with a score of 13.53
September 12, 2022
…offices in Germany, the U.K., the U.S., Japan, South Korea, and Singapore. Last month, Geek+ raised $100 million (U.S.) in Series E1 funding to continue its global expansion. Geek+ follows global mobile robot growth More than 100,000 automated guided vehicles (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…
