Found in Robotics News & Content, with a score of 4.23
April 15, 2023
…humanoid robot market because of massive demand in India, China, and Japan, said the report. Likewise, the senior population is growing quickly in countries like Japan and China, which could strengthen the market exponentially. The existence of several key players in these countries will also boost the growth of the humanoid robot market, predicted The Brainy Insights. Also, the European market could grow extensively in response to similar market needs. AI, technical advances enable humanoids Technical advances in artificial intelligence will also drive growth in the projections for 2023 to 2032. In addition, the report examines the following: Humanoid robot…
Found in Robotics News & Content, with a score of 4.20
May 20, 2021
…grow its team across its offices in Germany, Japan, China, Singapore, Hungary, and North Carolina. “The industry is undergoing a renaissance, and Formlabs is leading the way,” stated Max Lobovsky, co-founder and CEO of Formlabs. “The 3D printing industry market size is expected to reach $51.77 billion by 2026, and Formlabs is the company to drive this growth forward. Where others have promised printers capable of mass production and end-use quality parts, Formlabs has delivered.” Formlabs said it “is on a mission to expand access to digital fabrication, so anyone can make anything.” The company offers stereolithography (SLA) and selective…
Found in Robotics News & Content, with a score of 4.20
May 07, 2021
…of RMB 100 million ($15.5 million U.S.). The Shenzhen, China-based company was founded in 2017 and provides mobile robots, software, and services for indoor and outdoor applications. In addition to research and development for its robots, Youibot said it focuses on supporting customer's actual needs with its automation. Autonomous systems are only part of what industry needs, it said. The company's robots are used for materials handling, inspection, and disinfection. “It's just the first step of factory upgrading and transformation to realize unmanned operation via mobile robots,” stated Cody Zhang, CEO of Youibot. “What's more important is to deeply integrate…
Found in Robotics News & Content, with a score of 4.19
January 23, 2023
…as Beijing University, Nanjing University, and Zhejiang University in China, have been researching how compliant or soft grippers can be more precise. More rigid grippers are often used in manufacturing, but they have difficulty handling delicate items, such as electronics or household goods. Richard Matthias Hartisch at the Department of Industrial Automation Technology at the Technical University of Berlin and Kevin Haninger at the Department of Automation at Fraunhover IPK last week released a paper on how a compliant finray-effect gripper can be used for high-speed robotic assembly of electrical components. This is particularly useful for installing cables in wire…
Found in Robotics News & Content, with a score of 4.18
September 27, 2019
…with the growing trade tensions between the US and China, coupled with slowing demand in Europe, the global economy is looking increasingly vulnerable and many businesses are delaying capital expenditure. This is reflected in warehouse automation vendors reporting a sharp drop in their order intake. The report reveals how, during the past few years, the warehouse automation market has seen double-digit growth rates driven, in part, by the rise of e-commerce and omni-channel retail. Growing consumer demand for faster and cheaper online delivery options has seen many retailers investing in warehouse automation to reduce order processing times and to cope…
Found in Robotics News & Content, with a score of 4.17
June 23, 2020
…The company said its customers, such as SF DHL China, ITOCHU Logistics, and TCL, have seen 200% to 300% increases in productivity, as well as 50% labor cost reductions. “We know that the role of automation will continue to grow across the supply chain, but investing upwards of $5 million on a system with limited flexibility just won’t cut it in a post-pandemic environment,” said Nicolas Chee, founder and CEO of ForwardX. “Our customers come to us looking for something better-suited to their business and operational goals, and we’re determined to help them meet those goals. RaaS is the next…
Found in Robotics News & Content, with a score of 4.17
November 26, 2021
…involving positioning, robot control, and warehouse management. The Shenzhen, China-based company has subsidiaries in Hong Kong, Japan, Singapore, the U.S., and the Netherlands. HAI Robotics claimed that its award-winning HAIPICK autonomous case-handling robot (ACR) system for warehouse logistics, independently developed in 2015, is the first of its kind. The company has raised more than $200 million in its Series C and D rounds this year. Accelerating demand causes cross-border crunch Demand for global warehousing services has dramatically surged with e-commerce growth in the past few years, said HAI Robotics. In 2020, Chinese cross-border trade volume amounted to RMB1.69 trillion ($260…
Found in Robotics News & Content, with a score of 4.17
September 30, 2022
…(MRF), said EverestLabs. That includes international policies such as China’s National Sword policy, which mandates minimal contamination in recyclables. Other drivers include ever-changing national and state policies, high turnover in sorting jobs amplified by the COVID-19 pandemic, and brand and packaging company commitments to minimum recycled content goals in new packaging by 2025. The company said its value proposition has been validated by public and private companies, as well as municipalities across the U.S. For example, EverestLabs cited Sims Municipal Recycling Sunset Park in Brooklyn, N.Y. “EverestLabs’ mission to improve performance in our industry is welcome, and we are excited…
Found in Robotics News & Content, with a score of 4.15
March 27, 2023
…see major investments in robotics in the USA and China, but there are no considerable players yet here in Europe,” claimed Albert Maas, founder and CEO of Avular. “We have so much to offer: the best technology, data security, and product quality in the world.” “With the move to our new HQ, we can continue to grow and get ready to become Europe’s frontrunner in the world of mobile robotics,” he added. The Eindhoven region includes a mix of cutting-edge system design and high-tech production, driven by the university's expertise in robotics, leading academies in design, and technology companies such…
Found in Robotics News & Content, with a score of 4.15
October 27, 2023
…Boeing was as vice president of business development for China, Boeing’s largest commercial market. Peterson is also a member of the board of directors of Air Transport Services Group Inc. and Accelya Group, a Vista Equity Partners SaaS portfolio company. She holds a bachelor’s degree in industrial engineering from Stanford University and an MBA from The Wharton School at the University of Pennsylvania. Wolff returns to pursue opportunities Wolff led Sarcos from 2015 to 2021 as chairman, president, and CEO and has served on its board of directors since 2015, including as executive chairman from December 2021 to January 2023.…
Found in Robotics News & Content, with a score of 4.15
June 18, 2021
…journey along the Silk Road between Suzhou and Dunhuang, China. Not only could the technology from Plus have a dramatic impact on the $4 trillion global truck freight market, but each truckload is also an opportunity to reduce the burden of trucking on the environment, said the company. Plus is collaborating with truck manufacturers, fleets, and ecosystem partners to develop decarbonization transportation solutions including autonomous trucks powered by natural gas. Last month, the company announced that it will enter a merger with special-purpose acquisition company (SPAC) Hennessy Capital Investment Corp. V. Plus plans to trade on the New York Stock…
Found in Robotics News & Content, with a score of 4.13
May 23, 2023
…the education, research, and entertainment markets, said the Hangzhou, China-based company. “The Lite series is designed for research and education purposes,” said DongXin Zheng, product manager at DEEP Robotics. “While we have been able to advance the technical aspects of Lite3, we have also managed to bring the pricing down so that it is more affordable for an even broader group of potential users.” Founded in 2017, DEEP Robotics claimed that it was one of the first developers of quadruped robots for autonomous inspection in Asia. It said its proprietary products have now been deployed in exploration, public rescue, and…
