Found in Robotics News & Content, with a score of 38.69
October 12, 2021
Seegrid Corp. today announced that Interact Analysis has named it as the No. 1 provider of mobile robots in the U.S. and No. 1 in market share worldwide for automated tow tractors. Interact Analysis' 2021 Mobile Robot report evaluated 2020 data and focused on material handling applications in manufacturing and logistics environments. “For nearly five years, we have been closely following the tremendous growth in the AGV [automated guided vehicles] and AMR [autonomous mobile robot] market across the globe, and this report reinforces that Seegrid has successfully capitalized on this opportunity,” said Ash Sharma, managing director and robotics and leader…
Found in Robotics News & Content, with a score of 10.02
September 14, 2021
…bullish, predicting a CAGR of 23.7% and AMR growth from $1.97 billion in 2021 to $8.7 billion in 2028. Interact Analysis said it expects revenues for collaborative mobile robots to grow 50% this year. While the research analyst estimates vary widely, there is consensus that the boom in e-commerce and workforce shortages during the COVID-19 pandemic will continue to drive AMR adoption.
Found in Robotics News & Content, with a score of 10.07
May 14, 2021
…this market segment,” said Ash Sharma, managing director at Interact Analysis. The other reality is that automated lift trucks are still a drop in the bucket in terms of total lift truck sales. User companies will have to figure out how to justify them and think through how the technology is not just another type of lift truck, but a tool in their automation strategy. Approximately 5,000 automated lift trucks were shipped in 2019, according to Sharma. That may sound like quite a few, but with more than 1 million lift trucks of all types shipped last year, it amounted…
Found in Robotics News & Content, with a score of 13.08
March 29, 2021
…than 150,000 such facilities around the world, according to Interact Analysis. The mobile robot is designed to rapidly move boxes in a a number of tasks, starting with truck unloading and later expanding into order building. Boston Dynamics builds Stretch for flexibility Boston Dynamics said that Stretch technology builds on its decades of experience, particularly with its Handle robot and Pick computer vision system. The company claimed that it has created a flexible, easily-integrated system that can work in any warehouse to increase the flow of goods, improve employee safety in physically difficult tasks, and reduce fixed automation expenses. Traditional…
Found in Robotics News & Content, with a score of 9.13
February 18, 2021
…severe labor shortages,” said Ash Sharma, Managing Director at Interact Analysis, a market research firm covering the intelligent automation sector. “Warehouses are massively under-penetrated today, but increasingly operators are seeing the huge benefits that warehouse robotics such as the Locus solution can bring. As a result, we expect that over a million warehouse robots will be installed over the next four years and the number of warehouses using them will grow ten-fold.” Locus’s proven multi-bot solution for warehouse fulfillment incorporates collaborative, autonomous mobile robots that significantly improve productivity and deliver powerful, actionable business intelligence, according to Locus. The company also…
Found in Robotics News & Content, with a score of 11.31
December 28, 2020
…according to Ash Sharma, managing director with analyst firm Interact Analysis. That may sound like quite a few, but with more than 1 million lift trucks of all types shipped last year, it amounted to 0.3% of the market. However, with a sharp increase in e-commerce in this pandemic year and added pressure on warehouses and other industrial sites to improve on cost efficiencies and order cycle times, Interact Analysis predicts robust growth for robotic lift trucks, which it sees as inclusive of vehicles based on automatic guided vehicle (AGV) technology or those that use autonomous navigation. Through 2028, Interact…
Found in Robotics News & Content, with a score of 29.53
September 27, 2019
Market intelligence firm Interact Analysis has published a new market report forecasting the warehouse automation market will grow at a CAGR of 12.6% over the next five years. However, the firm also predicts a temporary dip in revenue growth between 2020 and 2021. The research outlines how, 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…
Found in Robotics News & Content, with a score of 9.79
July 09, 2018
…and/or opportunity, up from 61% last year. Analyst firm Interact Analysis forecasts the market for autonomous mobile robots (AMR) and smart automatic guided vehicles (AGV) for logistics will grow from $300 million in 2017 to $3 billion by 2022, or roughly a 10-fold increase. “We are seeing true exponential growth now,” says Ash Sharma, a research director for Interact Analysis. “While numerous companies have been doing pilot projects for the last two years in warehousing or manufacturing facilities, now they are looking to expand their use of robotics. They are automating more processes, rolling out robots to more sites, or…
