Found in Robotics News & Content, with a score of 0.68
…a compound annual growth rate (CAGR) of 25%, predicted ABI Research. It attributed this growth to updated U.S. regulations, the highly visible role of drones in responding to the COVID-19 pandemic, and advances in 5G networking and edge processing. Similarly, Markets and Markets forecast a CAGR of 55.9% for the commercial drone services market, growing from $4.4 billion in 2018 to $63.6 billion by 2025. It noted increasing development of industry-specific applications such as inspection and delivery, particularly in the Asia-Pacific region. “We're not just selling the data or the hardware,” said Rabkin. “There's an opportunity to make the business…
Found in Robotics News & Content, with a score of 0.63
…annual global spending. By 2025, over 4 million robots will be installed in more than 50,000 automated warehouses, predicted ABI Research.
Found in Robotics News & Content, with a score of 0.60
…2030, up from under $8 billion in 2021, estimated ABI Research. Factories and warehouses are turning to AMRs to improve efficiency and safety at scale, wrote Gerard Andrews, senior product marketing manager at NVIDIA, in a blog post. “Order fulfillment is a massive industry of moving parts,” he said. “Heavily supported by AMRs, warehouses can span 1 million square feet, expanding and reconfiguring to meet demands. It’s an obstacle course of workers and bottlenecks for hospitals, retailers, airports, manufacturers and others.” Designing a full navigation, safety, and management stack for new AMRs can be costly and time consuming. NVIDIA's new…
Found in Robotics News & Content, with a score of 0.58
…in 2020 to 20 million in 2030, according to ABI Research. “Broadly speaking, the challenge [for robotics developers] falls into two categories,” said Deepu Talla, vice president and general manager for embedded and edge computing at NVIDIA. “The first is continuous development and operations of robots.” “The second is runtime on physical robots,” he added. “DevOps is many times more difficult, and we've been adding tools for simulation, which is the biggest part. We've been working on the Isaac robotics platform for over five years.” About Isaac Sim “We believe simulation is key to robotics, providing a virtual proving ground,”…
Found in Robotics News & Content, with a score of 0.48
…in revenue for manufacturing operations worldwide by 2033, predicted ABI Research. “Generative AI will significantly accelerate deployments of AI at the edge with better generalization, ease of use, and higher accuracy than previously possible,” Talla said. “This largest-ever software expansion of our Metropolis and Isaac frameworks on Jetson, combined with the power of transformer models and generative AI, addresses this need.” He cited potential use cases on the edge including video search and robot teaching. Real-time enhancements to NVIDIA Orin include more accurate PeopleNet transformer for detecting pedestrians, new models for detection and classification using text prompts, and a multi-modal…
Found in Robotics News & Content, with a score of 0.40
…in 2021 to over $123 billion in 2030, predicted ABI Research. “NVIDIA’s move to provide its visual computing capabilities as an autonomous robot training platform in the cloud should further enable the growing number of companies and developers building next-generation intelligent machines for numerous applications,” said Rob Enderle, principal analyst at the Enderle Group. NVIDIA is offering a free, two-hour, hands-on workshop about using Isaac Sim with AWS RoboMaker at GTC. It is also offering information about Isaac Sim at the following GTC sessions: Leveraging Simulation Tools to Develop AI-Based Robots How to Build a Digital Twin: Bringing in Robotics…
Found in Robotics News & Content, with a score of 0.37
…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 0.36
…$12.6 billion to $64.5 billion in that period, predicted ABI Research. However, coding software for autonomous navigation from scratch for each robot can make rollouts more complex, noted NVIDIA. Warehouses, factories, and fulfillment centers are often 1 million sq. ft. or more, making updating maps for AMRs a challenge, the company added. Integration with existing workflows, fleet management software, and warehouse management systems (WMS) can be complicated, it said. Huang announced early access to Isaac AMR as a reference platform to facilitate mobile robot development. First announced in January, it will be available to customers starting in July. “We built…
Found in Robotics News & Content, with a score of 0.35
…robotics in DCs is robust. According to analysis by ABI Research, by 2025, more than 4 million commercial robots will be installed in more than 50,000 warehouses, up from 4,000 warehouses using robots in 2018. The ABI study looked mainly at AMRs, but also considered picking arms, autonomous lift trucks, and some types of automated guided vehicles. Analyst firm IDC, in a study from December 2018, forecast that robotics spending across industries would be $103.4 billion worldwide in 2019, representing a compound annual growth rate (CAGR) of 18.9% over 2018. While IDC doesn’t forecast just for AMRs in warehousing, it…
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…