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Global collaborative robotics market forecast to grow to $95 billion in seven years

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The worldwide collaborative robot market is expected to be worth $95 billion by 2024, according to a new report by Transparency Market Research.

Companies in the global collaborative robot market are focused on the acquisition of smaller and local automation companies to expand their operations, says Transparency.

Leading companies such as ABB, Kuka, Kawasaki Heavy Industries, and Robert Bosch are expected to launch products in the coming years to fulfil the requirement of their clientele in the several end-user industries.  [Read more…] about Global collaborative robotics market forecast to grow to $95 billion in seven years

Daimler offers vision of future cities built around autonomous vehicles

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The Daimler and Benz Foundation is funding what it says is a new interdisciplinary research project which looks at the possible effects of autonomous driving on European cities.

The Foundation says the project is aimed at answering the question: How will autonomous vehicles shape the cities of the future?

Formally entitled “Avenue 21 – Autonomous Transport: Developments in Urban Europe”, the Foundation’s team of scientists is examining the question of how European cities will evolve through autonomous driving – and the influence of urban structures on the development of autonomous traffic.  [Read more…] about Daimler offers vision of future cities built around autonomous vehicles

SPX Flow launches ‘multi-million-dollar’ European manufacturing facility 

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Company says its new, “multi-million-dollar” European plant enhances process equipment manufacturing capability 

SPX Flow has expanded its manufacturing capability in Europe.

The company – which offers an extensive range of hygienic valves, plate heat exchangers, pumps, homogenizers and process systems designed for use in dairy, food, beverage, pharmaceutical and personal care production – says the expansion is part of its “continued commitment to excel in service, quality and delivery”.

The new SPX flow facility in central Europe is designed for “manufacturing excellence” in terms of efficient production of high quality products with reliable and competitive lead times, says the company.  [Read more…] about SPX Flow launches ‘multi-million-dollar’ European manufacturing facility 

Piaggio, maker of Vespa, launches mobile robot as part of its newly created robotics-oriented business unit

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piaggio gita
Gita, the object-carrying mobile robot from Piaggio, being driven round the bend

Piaggio, the company behind the iconic Vespa motor bikes, is launching a cylindrical mobile robot with a carrying capacity of 40 lb 

Piaggio Group, which claims to be the largest European manufacturer of two-wheel motor vehicles such as the famous Vespa, has launched Piaggio Fast Forward, a newly-established company based in the US formed to pioneer future robotics-oriented technology.

Piaggio was founded over 130 years ago, but the company says its new division is aiming to “fundamentally rethinking the movement of people and goods”.

Michele Colaninno, chairman of PFF, says: “We have established Piaggio Fast Forward to reinvent the future of mobility and this is best accomplished with PFF as a separate entity, but with the backing and experience of the Piaggio Group. You can expect to find Piaggio Fast Forward blurring the lines between transportation, robotics, and urban environments.”  [Read more…] about Piaggio, maker of Vespa, launches mobile robot as part of its newly created robotics-oriented business unit

Audi demonstrates autonomous driving tech with AI

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Audi has been showcasing its latest innovations in autonomous driving in collaboration with Nvidia. 

The auto giant and chip maker call the system “piloted driving with artificial intelligence.

Audi says AI is a “key technology” for piloted driving, which is why the company has form what it says are strong partnerships in the electronics industry and is jointly developing “game-changing know-how” in the field of machine learning.  [Read more…] about Audi demonstrates autonomous driving tech with AI

Mercedes invests in Starship Technologies delivery robots

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Mercedes-Starship combo
The mothership can’t save you so yo’ robots is gon’ get left… the Mercedes-Starship combo

Mercedes-Benz Vans has invested a large amount of money in Starship Technologies, the maker of small delivery robots making the headlines for taking pizzas here and there.

The company says the move furthers its strategic future initiative, dubbed “adVANce”.

Mercedes-Benz Vans calls Starship Technologies “the world’s leading start-up company for the development of ground-based, autonomous delivery robots”.  [Read more…] about Mercedes invests in Starship Technologies delivery robots

Tata robotics unit launches new industrial robot

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The new TAL Brabo industrial robot
The new TAL Brabo industrial robot

TAL Manufacturing Solutions, a wholly owned subsidiary of Tata Motors, has launched a new industrial robot.

The compact Brabo 2kg payload range of industrial articulated robot was unveiled at the Imtex 2017 a couple of days ago.

The company says the launch of Brabo heralds a phenomena it calls “robolution”, adding that industrial Rrobotics will take a “quantum leap” with the TAL Brabo expanding its robot line-up to cater to original equipment manufacturers, as well as medium and small enterprises.  [Read more…] about Tata robotics unit launches new industrial robot

‘Fifty per cent of S&P 500 firms could be replaced in 10 years’

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deloitte industry 4 image

One of the world’s largest business consultancy firms says many of the largest companies we know today will probably be overtaken by new corporate giants within a decade. 

In a report into what’s being called the “fourth industrial revolution”, Deloitte says: “About 50 percent of S&P 500 firms will likely be replaced over the next 10 years due to new digital disruptors and inability of established firms to reinvent themselves.”

The consultancy adds: “How companies choose to evolve, explore new avenues for growth, and better engage their customers can make the difference between thriving and extinction.”  [Read more…] about ‘Fifty per cent of S&P 500 firms could be replaced in 10 years’

Smart factories to drive industrial robot market, says report

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An increasing number of industrial robots will find their way into factoring which themselves will be more well-connected, according to a new report. 

The industrial internet of things will “catalyze new business models, adoption of industrial robotics, and return on investment”, says Frost & Sullivan’s industrial automation and process control team.

Driven by the IIoT, the global market for robotics in manufacturing is steadily gathering pace, according to the study.  [Read more…] about Smart factories to drive industrial robot market, says report

Startup launches desktop robot selling for less than $300

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ufactory uarm robot

These days, it seems barely a week goes by without someone somewhere building a robotic arm of some description. 

Using components which can be bought from almost anywhere online, and chipsets such as Arduino and Raspberry Pi, the “makers” of the world are launching more and more sophisticated pieces of equipment.

While there are internationally agreed codes about what defines a true “collaborative” robot and other industrial-standard machines, startups are bypassing those specifications and releasing products which may eventually require some sort of regulation of their own.  [Read more…] about Startup launches desktop robot selling for less than $300