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Robotics Invest Summit 2024 highlights funding, robotics ecosystems
June 27, 2024
The 2024 Robotics Invest Summit in Boston brought leaders from across the robotics industry to discuss funding, industrial AI and more with peers and venture capital firms.
A3 President Jeff Burnstein recaps Automate 2024, turns attention to robotics market
June 4, 2024
Jeff Burnstein, president of the Association for Advancing Automation (A3) sat down to recap Automate 2024 and provide some analysis on the robot spending market with Robotics 24/7.
Global cobot market exceeds $1 billion in 2023, more growth expected
May 30, 2024
Collaborative robots are expected to grow significantly over the next several years, according to research firm Interact Analysis. The firm saw the cobot market exceed $1 billon in 2023.
ABB releases second annual Automotive Manufacturing Outlook Survey results
April 11, 2024
ABB’s survey highlighted investment in robots for smaller automotive component manufacturers in upstream supply chains, as well as attracting skilled labor to program robots, as industry challenges.
How robotics, automation play a role in navigating economic uncertainty in 2024
March 7, 2024
Despite a major drop in robotics spending in 2023, industry analysts expect that automation investment will see a rebound in 2024 and beyond.
North American Robot Orders Slow After Record 2022, Reports A3
May 16, 2023
North American robot sales softened in Q1 2023, according to the Association for Advancing Automation, which cited a slowing U.S. economy as a likely cause. Automotive orders rebounded.
Balboa Capital Offers an Overview of the U.S. Robotics Industry
January 25, 2023
Balboa Capital reported that automation and robotics have created more jobs than they have displaced, with robot density and usage continuing to increase across the U.S.
Recession in 2023? Automation Is Coming Regardless
January 22, 2023
Automation will continue to play a key role in helping customers in the logistics, manufacturing, and construction spaces, according to Conor McGuinness of Heartland Ventures.
Automation Is a Recession Hedge, Say Speakers at ffVC Drones & Robotics Summit
October 16, 2022
Automation, including robots, drones, and autonomous vehicles, can not only provide efficiency but also resilience, said speakers at ff Venture Capital's event.
China Bought 44% More Robots in 2021 Than It Did in 2020, Finds IFR Report
September 21, 2022
China accounted for half of the industrial robot installations worldwide in 2021, according to the International Federation of Robotics.
North American Robot Sales Reach New Records for Third Quarter in a Row, Says A3
August 31, 2022
North American robot sales continued to set records for year-over-year growth, according to the Association for Advancing Automation. FANUC also saw strong demand.
Robotics and Automation Help Companies Through Economic Challenges, Says Thomas H. Lee Partners
August 29, 2022
Thomas H. Lee Partners is a leading investor in supply chain and logistics automation startups. Despite economic headwinds, the private equity firm still sees robots as transformative.
Manufacturing in the USA vs. China: AI could be the tipping point
October 9, 2019
High labor cost and quick time-to-market have driven U.S. manufacturers to be more aggressive with the adoption of industrial artificial intelligence (AI) solutions.
Research from Interact Analysis outlines potential challenges ahead for warehouse automation market
September 27, 2019
Report predicts double-digit growth for 2019 and 2020, headwinds expected in 2021. Service, maintenance and aftermarket sales will become an increasingly important part of system integrators' business models.
Deloitte/MAPI Study: Smart factories key to tripling stalled labor productivity growth rate by 2030
September 17, 2019
More than 86% of survey respondents believe smart factory initiatives will be the main driver of manufacturing competitiveness in the next five years, though only 51% are making/have made investments.
