A new study from Redwood Software and the Centre for Economic and Business Research (CEBR) finds that the U.S. is the world leader in robotics automation investment, with an estimated robotics stock of $732 billion* - larger than the economy of Switzerland, which stood at $446 billion* in 2015.
U.S. investment in robotics was $86 billion in 2015, up from less than $40 billion in 2009, when investment hit a low following the financial crisis, and more than 15 times higher than the OECD average. Between 2011 and 2015, U.S. investments in robotics rose 30%.
"The U.S. is the world leader in robotics investment, and spending has recovered quickly since the financial crisis in 2009," said David Whitaker, Managing Economist at CEBR. "The sheer size of the economy and its large base of production in the automotive and electronic sectors make it a natural candidate for increased automation." Full Press Release:
ABB has sold its first robot manufactured in the United States. The IRB 2600 robot is the first to be produced at the ABB Auburn Hills, Michigan facility, and was sold by ABB Value Provider, CIM SYSTEMS, INC. to Hitachi Powdered Metals USA.
The compact robot, which is painted with special commemorative red, white and blue paint, will be used for material handling of in-process engine component parts at the Hitachi Greensburg, Indiana facility. It is the 180th ABB robot at the Hitachi plant, which installed its first ABB robot in 2005.
“The sale of ABB’s first robot produced in the US to Hitachi is a tremendous milestone in the development of our manufacturing presence in the Americas,” Full News Release:
Jon Excell for The Engineer: Online grocer Ocado is establishing a reputation as a major technology player. Jon Excell reports
If prompted to name a UK company at the cutting edge of robotics and automation, few of us would cite one of the country’s best-known grocery retailers.
But, as The Engineer learned on a recent visit to one of its key facilities, online supermarket Ocado is establishing a reputation as a major technology player: harnessing and developing machine-learning systems, Internet of Things concepts and robotic hardware to a degree that leaves many traditional engineering businesses in the shade. Full Article:
If manufacturers are going to flourish in America, they’ll need to buy a lot more robots. Here are six ways to play this hot trend.
Jack Hough for Barron's: For long-term investors, robots could be one key to securing healthy corporate profit growth, and stock returns, even as wages rise. There are specific opportunities, too. Japan’s Fanuc (ticker: 6954.Japan) is far and away the U.S. market leader in industrial robots, and it’s quickly ramping up production. Its shares have been outperforming, and they could offer 20% more upside over the next year. Germany’s Kuka (KU2.Germany), which sold a majority stake last year to China’s appliance giant, Midea Group (000333.China), has similar return potential. Other stocks with high exposure to industrial robotics and factory automation include Rockwell Automation (ROK), Switzerland’s ABB(ABB), and Yaskawa Electric (6506.Japan). And for one-stop shoppers, there’s the Robo Global Robotics & Automation Index exchange-traded fund (ROBO), which tracks 85 stocks, charges annual expenses of 0.95%, and has returned 37% over the past year. Cont'd...
The ST R17HS uses state-of-the-art brushless servomotors and boasts an effective reach of 750mm, a repeatability of 0.2 mm and a maximum speed after acceleration of 480 deg/sec in the robot's waist, elbow, hand and wrist, with a shoulder speed of 300 deg/sec.
"The R17HS is the result of years of development that puts us ahead of the field," said David Sands, President and CEO of ST Robotics. "Customers are finding it useful for high throughput production as well as testing applications requiring fast motion of test devices." Full Press Release:
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