Found in Robotics News & Content, with a score of 1.22
June 05, 2021
…last year. In addition, the International Federation of Robotics (IFR) released updated figures on robotics usage and the research and development strategies of leading nations. For the past few years, autonomous vehicles have led investments nearly every month. May 2021 was an exception, with transportation, including self-driving cars and trucks, raising about $670 million. Robotics components, software, and artificial intelligence, as well as sensors for autonomous vehicles, received more than $220 million in funding in May 2021. Companies providing automation for supply chain, logistics, and warehouse operations were involved in more than $157 million worth of deals, followed by retail…
Found in Robotics News & Content, with a score of 1.17
February 17, 2023
The International Federation of Robotics, or IFR, recently announced the five trends it sees shaping robotics and automation in 2023. “Robots play a fundamental role in securing the changing demands of manufacturers around the world,” stated Marina Bill, president of the International Federation of Robotics. “New trends in robotics attract users from small enterprise to global OEMs.” 1. Energy efficiency Energy efficiency is key to improve companies’ competitiveness amid rising energy costs. The adoption of robotics can help in many ways to lower energy consumption in manufacturing. Compared with traditional assembly lines, considerable energy savings can be achieved through reduced…
Found in Robotics News & Content, with a score of 1.04
April 03, 2019
…global scale.” According to the International Federation of Robotics (IFR) World Robotics Report 2018, which compiles A3’s Robotic Industries Association (RIA) collected statistics, robot sales in the United States reached $2.1 billion and hit a new peak of almost 38,000 units, setting a record for the eighth year in a row (2010-2018). Robot density in the US manufacturing industry reached 200 robots per 10,000 employees vs. 97 in China (2017)—now more than double that of China and ranks seventh worldwide. The trend to automate production in both domestic and global markets is the main driving force of robot installations in…
Found in Robotics News & Content, with a score of 0.96
June 20, 2022
…More than 3 million robots are at work in the global manufacturing industry, reported the International Federation of Robotics (IFR). The IFR noted that the potential to automate more tasks currently performed by people is “significant.” As a result, the Danish robotics cluster said it expects strong sales to continue in collaborative robots, where it claims innovation leadership.
Found in Robotics News & Content, with a score of 0.92
August 11, 2023
…Robotics Report 2022 from the International Federation of Robotics (IFR). That ongoing growth was driven by factors including labor shortages, reshoring initiatives, and rising e-commerce demand, said the IFR. A spinoff of the University of Washington, Olis Robotics claimed in a release that its Olis Connect system can significantly improve overall equipment effectiveness (OEE) and address costly robot downtime. “Robot downtime can cost a large plant over $1 million per hour. When every minute counts, you need to leverage remote tools to react as quickly as possible, no matter where you are,” said Fredrik Ryden, CEO of Olis Robotics. “Our…
Found in Robotics News & Content, with a score of 0.83
March 23, 2017
…3 at 10:30 a.m. ● International Federation of Robotics (IFR) CEO roundtable, Monday, April 3 at 1 p.m. ● Joint US-China Robotics Forum, Tuesday, April 4 at 10:15 a.m. ● Forum on “Investing in Automation,” Wednesday, April 5 at 10:30 a.m. ● Startup Launch Pad Competition – eight finalists compete for a prize of $10,000, Wednesday, April 5 at 3 p.m. Show attendees can register for free here. Fees for conference attendees may be paid at the same link. A3 also announced a joint US-China Robotics Forum to be held April 4 at the show. The forum will bring together…
Found in Robotics News & Content, with a score of 0.77
December 23, 2022
…Advancing Automation (A3) and the International Federation of Robotics (IFR), robot adoption continued to grow and set new records worldwide. “Despite increased adoption, we’re still in the early innings,” Jeff Burnstein, president of A3, told Manufacturing Automation. “While non-automotive sectors are now surpassing automotive sectors in robot use, there are hundreds of thousands of small- and medium-size companies around the world who still haven’t automated in a wider range of industries than ever before.” 2023 robotics trends include challenges But 2023 wasn’t without challenges, of course. COVID-19 restrictions eased in the West early in the year, but companies in China…
Found in Robotics News & Content, with a score of 0.76
December 08, 2021
…instead stifle innovation, said the International Federation of Robotics (IFR), the VDMA Robotics + Automation Association, EUnited Robotics and REInvest Robotics. Good intentions gone awry “The politicians have the right intentions—to avoid problems in society—but they don't see the impact on emerging technologies and startups,” said Dr. Esben Hallundbæk Østergaard, founder of Universal Robots and CEO of REInvest Robotics. “It's not the future we want.” “GDPR [the EU Global Data Protection Regulation] did a good job in limiting what data can be collected and how big corporations can use that data,” he told Robotics 24/7. “However, governments didn't foresee the…
Found in Robotics News & Content, with a score of 0.70
August 22, 2022
…this achievement with the IERA Award 2022.” The IERA award was jointly presented by the International Federation of Robotics (IFR) and IEEE RRAS. In 2021, ABB Robotics' PixelPaint technology won the IERA Award.
Found in Robotics News & Content, with a score of 0.66
July 15, 2022
…quarter of 2022. Similarly, the International Federation of Robotics (IFR) reported a 28% increase in industrial automation orders between the first quarter of 2022 compared with the same quarter last year. In addition, Robotics 24/7 has tracked up to $16 billion in robotics, 3D printing, drone, and autonomous vehicle transactions so far this year, including more than $920 million this month. In July alone, additive manufacturing provider VulcanForms raised $355 million, service robot developer XPENG Robotics obtained $100 million, autonomous mobility firm May Mobility closed on $111 million, and autonomous aircraft developer Merlin Labs raised $105 million. Preliminary annual installations…
Found in Robotics News & Content, with a score of 0.64
January 19, 2022
…steadily. In 2019, sales grew 15%, driven largely by the automotive industry, according to the International Federation of Robotics (IFR). The number of industrial robots in India could expand from 4,564 units in 2018 and experience a compound annual growth rate (CAGR) of 13.3% between 2018 and 2025, reported Industry Analytics Research Consulting (ARC). Similarly, Kenneth Research predicted a CAGR of 14.41%, from 5,000 units in 2019 to 11,750 units by 2025.
Found in Robotics News & Content, with a score of 0.63
May 31, 2023
…(CAGR) of 7%, predicted the International Federation of Robotics (IFR). Source: HowToRobot In Italy, robots and automation are already widely adopted, and several trends are expected to further increase the need for automation, said HowToRobot. These factors include growing labor shortages, e-commerce growth, and competitive pressures to increase productivity. One of the key strengths of the Italian robotics industry is its ability to quickly adapt to changing demands, noted the market report. The industry is heavily specialized in creating and integrating proven systems to the needs of end users, it said. About the Italian robotics industry The report, “Market Analysis…
