The latest Manufacturing Institute for Supply Management's (ISM) Report on Business, reveals that economic activity in the manufacturing sector grew significantly in October 2020.
The Industrial Robotics Industry: Is Reemergence of the Industry on the Cards Post the COVID-19 Pandemic Settles?
With the emergence of the COVID-19 pandemic, the entire world came to a screeching halt. The industrial robotics market also experienced a drastic downfall. However, the industry is expected to regain its grasp by 2022, looking at the increasing demand for industrial robots.
Autonomous security robots are increasingly being adopted by many organizations in different industries R
CDC Awards $1.5 Million for Research to Reduce Exposures to Workplace Hazards through Robotic Technology
The Initiative supports research in the U.S. that will accelerate the development and use of co-robots, an emerging robotic technology that complements, not replaces, human workers.
There has been an increase in the demand of service robotics solutions across the world owing to greater need for automation of services. With the increasing use of cobots in service applications, the overall demand for robotics has increased drastically over the years.
• Mobile robots will take logistics sector by storm, with a 10-fold investment increase predicted between now and 2024 • COVID-19 will be a significant driver in long-term mobile robot growth • Sales of AMRs set to radically outstrip AGV revenues
Year-to-Date Numbers Show Decline in Robotics (18%), Machine Vision (8%), and Motion Control (6%) Orders Compared to 2019
Bright Spot: leading economic forecaster provides optimist outlook for overall economy moving into 2021
As contact becomes more dangerous, and people pivot to working from home, robots have emerged as a powerful tool for businesses and organizations wanting to keep everyone safe.
The deployment of latest technologies in the UGV to enhance navigation and communication systems will positively influence the unmanned ground vehicles market outlook.
COVID-19 To Reduce 2020 Industrial Robot Revenue By >8%, Followed By A Rapid Growth To Return From 2021
After a weak 2019, we originally expected the 2020 robot market to recover strongly, but COVID-19 changed the market revenue growth forecast from 4.8% to -3.6%. In the long run, the pandemic will accelerate existing trends for industrial automation
The advancements in mobile robots technology have enabled manufacturers to develop robots suitable to their operational needs and carry out their implementation for their applications.
Rapid proliferation of industry 4.0 technologies is likely to drive SCADA market. The market is expected to witness a robust growth rate on account of increasing adoption of automation technologies by manufacturing, utility, and oil & gas industries.
Robotic End of Arm Tools (EOAT) Market Size will Grow at a Lucrative CAGR of 10% by 2028, Fact.MR Study
A recent research study by Fact.MR estimates global sales of robotic end of arm tools (EOAT) to surpass US$ 2,000 Mn in 2019, up from US$ 1, 900.3 Mn in 2018. This growth in sales can be attributed to the ever-evolving demand of industrial ecosystems for high productivity.
Over the period of time we have strived to upgrade technologies in order to make our lifestyle more comfortable. We have introduced automation and robotics in order to reduce the manual labor required in manufacturing and production industries.
The trend of investment in and acquisition of mobile robotic companies seeking to automate the movement of goods within warehouses, fulfillment centers, and manufacturing facilities is still rising. Only in recent months, IDTechEx has seen three notable activities.
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TUG automatically picks up and drops off carts, eliminating the labor that would otherwise be needed to load the robot. It also communicates with your IT system to automate the dispatching of the robot fleet and update the inventory system when materials are moved.