Found in Robotics News & Content, with a score of 37.33
June 05, 2021
Investment activity in robots, drones, autonomous vehicles, and related technologies slowed in May 2021 in comparison with the previous month, totaling more than $3 billion in 70 deals. In comparison, there were also about 70 transactions in April, but they were worth more than $7 billion. Industrial automation, mostly for manufacturing, was the leader in May 2021, with more than $806 million in investments. The Association for Advancing Automation (A3) last month noted that first-quarter 2021 robot sales increased 20% over the same period last year. In addition, the International Federation of Robotics (IFR) released updated figures on robotics usage…
Found in Robotics News & Content, with a score of 17.06
June 01, 2021
…to the pandemic, many of us were predicting that robots and automation would have a big impact in the new decade that was coming. All of the numbers were pointing to growth, not only in industries that had a long history of using robotics like the manufacturing sector, but in new industries like logistics, which was starting to make bigger investments in robotics. Then COVID-19 hit, and for a while, there was a break in the action, but that all quickly changed. “The pandemic put the brakes on a lot of stuff early in 2020, but by the end of…
Found in Robotics News & Content, with a score of 31.40
May 27, 2021
The International Federation of Robotics today announced the 2021 update for its “World Robotics R&D Programs,” in which it examines government funding of robotics research and development across the world. Each of the top five nations has adjusted its strategy as their economies begin to recover from the COVID-19 pandemic. However, their strategies also reflect different priorities, as countries seek to lead different aspects of innovation or commercialization. The Frankfurt, Germany-based organization revised the “World Robotics R&D Programs” report from last year's edition. “The first version of 'World Robotics R&D Programs' was introduced in June last year,” stated Prof. Dr.…
Found in Robotics News & Content, with a score of 13.68
May 19, 2021
…largest adopter of industrial automation globally, according to the International Federation of Robotics, as it continues to make significant investments in modernization. Mech-Mind said it will use its funding to leverage its technical strengths and help modernize manufacturing. “Our products have been widely deployed, enabling us to acquire profound experience from real-life applications,” said Tianlan Shao. “Moving forward, Mech-Mind will focus on empowering robotics solutions providers and integrators to create more solutions and applications.” Mech-Mind aims to transform industry Mech-Mind was founded in 2016 and has developed products integrating its Mech-Eye industrial 3D camera, Mech-Vision graphical machine vision software, and…
Found in Robotics News & Content, with a score of 17.46
March 30, 2021
…provided opportunities for improving safety, efficiency, and productivity with robots and automation. Milton Guerry, president of tooling supplier Schunk as well as the International Federation of Robotics, or IFR, recently answered questions from Robotics 24/7 about current trends in technology and industry. Recession and recovery Global manufacturing had started to slow down even before the pandemic because of factors such as China-U.S. trade tensions. How quickly do you expect it to return to steady growth? Guerry: This is exactly right. In 2019, we were feeling the slowing related to trade tensions and changes in the automotive industry related to EVs…
Found in Robotics News & Content, with a score of 18.49
March 26, 2021
…help to have one voice, especially as issues like robot taxes periodically come up.” “COVID-19 prevented a lot of us from going to D.C. and delayed our ability to have influence,” he added. “It's too soon to tell how the new Congress or administration will view robotics, but there is some legislation moving that seems to be favorable to automation.” A3 also plans to hire more staffers for marketing and laboratory work, he said. Automate Forward's virtual lobby. Source: A3 Robotics trends to watch in 2021 Despite last year's slowdown in automotive manufacturing, accelerated e-commerce demand has helped overall robotics…
Found in Robotics News & Content, with a score of 12.84
February 04, 2020
…doom and gloom for retail? Hardly. The National Retail Federation called well in advance of this past holiday season for at least a 4% increase in sales. That’s in a 2% economy. Clearly, retail is doing something right. But who knows what “right” is any longer. Quite simply, the metrics of success are changing. Total retail sales still matter. But that metric is one of the few constants in a world turning itself inside out. As McMillon said, the digital transformation of retail is incomplete. Very much so. No expert pegs e-commerce sales at more than 15% of the total…
Found in Robotics News & Content, with a score of 27.95
June 04, 2019
Holy robots! It seems that most everywhere you look in the past couple of months there are robots. And they are almost always doing something new. To start, look at the news coming out of the ProMat and Automate shows in April, where robots dominated even though there were many more than 1,000 exhibitors with supply chain solutions. The introductions ranged from collaborative robots to pick-and-place to autonomous mobile robots and beyond. Artificial intelligence and cloud-based systems figured prominently too. Meanwhile, you now have to watch out for mobile robots at your local store. When you go to Walmart, look…
Found in Robotics News & Content, with a score of 32.83
April 03, 2019
…more competitive on a 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…
Found in Robotics News & Content, with a score of 48.81
October 19, 2018
Universal Robots’ UR5e rang the closing bell on October 17, 2018, at the New York Stock Exchange (NYSE) robot arm. The bell ringer, a collaborative robot (cobot) with a two-fingered gripper from Robotiq, is able to work alongside people with no safety guarding. According to the International Federation of Robotics (IFR), cobots are now the fastest growing segment of industrial automation, expected to jump ten-fold to 34% of all industrial robot sales by 2025. Universal Robots (UR) pioneered the market by selling the first commercially viable cobot in 2008 and now has a 60% global share of the cobot market.…
Found in Robotics News & Content, with a score of 34.17
October 19, 2018
…30% compared to the previous year. According to the International Federation of Robotics (IFR), this means the annual sales volume of industrial robots increased by 114% over the last five years (2013-2017). The sales value increased by 21% compared to 2016 to a new peak of US$16.2 billion in 2017. Top five markets in the world There are five major markets representing 73% of 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…
Found in Robotics News & Content, with a score of 40.15
September 10, 2018
Universal Robots has commemorated the sale of its 25,000th cobot by presenting the customer with a gold edition. The company is celebrating the milestone today in Chicago at a press conference at the International Manufacturing Technology Show (IMTS), the nation’s largest manufacturing trade show. Kay Manufacturing, a small precision machining company headquartered in Calumet City outside Chicago, will receive the one-of-a-kind cobot. Jürgen von Hollen, president of Universal Robots, emphasized how the company couldn’t have reached this historic landmark without customers like Kay Manufacturing. “With this event, we celebrate not just the success of Universal Robots in empowering customers, but…
