Market Reports World: The global market for collaborative robots is expected to grow at a CAGR of 60.04% between 2016 and 2022 from USD 110.0 million in 2015 and reach USD 3.3 Billion by 2022. The market is expected to be driven by the growing demand because of higher return on investment and low price of collaborative robots that are attracting the small and medium sized enterprises (SMEs), and the increase in investments for automation in industries.
“The market in the automotive industry and furniture & equipment industry is expected to grow rapidly”
The application in the automotive industry accounted for the largest share of the collaborative robot market in 2015 and this trend is expected to continue during the forecast period. However, the increasing installations of collaborative robots in the automotive industry and furniture & equipment industry would provide rapid growth between 2016 and 2022, especially in the Asia-Pacific region. Full report...
Motion Controls Robotics to Demonstrate the Know Nos of Case Packing and Palletizing at Pack Expo International 2016
Ben Rossi for Information Age: Robotics has already been deployed in manufacturing to great effect for over a decade, performing delicate and precise tasks with greater accuracy than humans.
But now cutting-edge robots and other smart machines are set to join forces with the rapidly expanding Internet of Things, which Gartner estimates will total 25 billion devices by 2020.
In healthcare, robotic services are already operating pharmacy dispensers and robotic trolleys are now deployed in a growing number of hospitals. In hospitality, robots deliver services such as drinks dispensing and automated trolley deliveries.
Robots have even made their way into education, where they are being deployed successfully as a tutor, tool or peer in learning activities.
But what impact will this large-scale adoption of robotics have on existing networks as they encounter inevitable further strain? Cont'd...
Neocortex Goods to Robot Cell Fuses Best of Collaborative and Industrial Robots for Order Fulfillment and Material Handling Applications
Kagan Pittman for Engineering.com: As Chinese companies move to expand their market share in industrial robotics, so too are companies in the West, with some of the biggest power-plays coming from R&D departments.
A recent report by Technavio predicts that global R&D spending in the robotics industry will grow at a CAGR of more than 17 percent between 2016-2020.
Technavio analysts cite the following factors as key drivers in the growth of R&D spending:
- A race for robotics patents
- Demand for lower system engineering and installation costs
- Growing demand for industrial robots from non-automotive industries
The report’s analysis considers market trends across user segments including: defense, healthcare, automotive, domestic, food and beverage, electricals, electronics, oil and gas, textiles and packaging. Cont'd...
New 3-Channel Servo Controller for Miniature Piezo Stick-Slip Drives and Linear Ratchet Actuators, by PI
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