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UBTECH launches portable social robot with ‘loving AI’

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UBTECH has launched a portable social robot with what the company describes as “loving” artificial intelligence.

AlphaMini, a portable humanoid robot, which is is said to be able to chat, read, sing and dance, made its debut today in South Korea.

Built by UBTECH robotics, a manufacturer of intelligent humanoid robotics and AI technologies, the cute-looking creature combines advanced robotics and highly extensible AI platform to give you the most intimate human-robot interactive experiences. [Read more…] about UBTECH launches portable social robot with ‘loving AI’

Market for transportation and warehousing sensors forecast to grow to $16 billion

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The global market for sensors for the transportation and warehousing industries are set to grow by 30 per cent, according to a report by Persistence Market Research.

Surpassing the market value of $16 billion in 2018, the global sales of internet of things sensors is poised for a whopping 24 per cent annual growth during the course of next decade.

Industry’s shift from legacy systems to advanced IoT enabled systems for utmost reliability and accuracy of data is creating potential growth opportunities for the IoT sensors market. [Read more…] about Market for transportation and warehousing sensors forecast to grow to $16 billion

May Mobility raises $50 million in funding round led by Toyota

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May Mobility, an autonomous transportation-as-a-service provider, has closed a $50 million Series B funding round led by Toyota.

There was also participation from Sparx Group, alongside return investors Millennium Technology Value Partners, Cyrus Capital Partners, BMW iVentures, and Toyota AI Ventures.

The company says the round will help fund strategic hires across the engineering and operations functions, and expansion of the vehicle fleet to meet growing demand. [Read more…] about May Mobility raises $50 million in funding round led by Toyota

Grote demonstrates robotic sandwich-making system

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A company called Grote has demonstrated a robotic sandwich-making system which it developed in partnership with Stäubli Robotics. (See video below.)

Grote is a manufacturer of food processing equipment and the system it showcased at the International Baking Industry Exposition is said to be feature “robotic food contact for the first time in America”.

Grote’s systems shows how it utilizes Stäubli’s TX2-60 HE robotic arms to assemble sandwiches, cut them, and place them on trays. [Read more…] about Grote demonstrates robotic sandwich-making system

Growth of industrial robot market ‘slowed in 2019 but long-term forecast is positive’

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The growth of industrial robot revenues slowed in 2019 but is forecast to pick up again towards late 2020 and accelerate in 2021, according to new market research from Interact Analysis.

The market intelligence firm released a new market report focusing on the industrial robot market which outlines reasons to be positive in the sector, despite an immediate, short term decline in revenues. [Read more…] about Growth of industrial robot market ‘slowed in 2019 but long-term forecast is positive’

Bosch and CATL partner to manufacture 48-volt battery cells

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Bosch and Contemporary Amperex Technology (CATL) have concluded a long-term strategic cooperation agreement.

The partners are going to jointly specify high-performance battery cells. CATL will then design, develop, and manufacture these cells in accordance with Bosch requirements.

The cells are to be used in the 48-volt battery developed by Bosch. [Read more…] about Bosch and CATL partner to manufacture 48-volt battery cells

Massive growth in mobile robots expected as 6 million forecast to be shipped in 2030

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The robotics industry is set for “seismic change”, according to a report by ABI Research, which says that, of the 8 million robots forecast to be shipped in 2030, nearly 6 million will be mobile.

ABI says it has released its “most comprehensive robotics tracker yet”, and it shows that the robotics market is “set to transform over the next 10 years”.

There will be enormous growth across all sub-sectors, highlighted in a total market valuation of $277 billion by 2030, says ABI. [Read more…] about Massive growth in mobile robots expected as 6 million forecast to be shipped in 2030

Worldwide semiconductor manufacturing equipment sales jump 12 percent

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Worldwide semiconductor equipment manufacturers posted third-quarter 2019 billings of $14.9 billion, a quarter-over-quarter increase of 12 percent but down 6 percent from the third quarter of 2018.

This is according to data collated by SEMI, the global industry association representing the electronics manufacturing and design supply chain, reported today.

The data are gathered jointly with the Semiconductor Equipment Association of Japan from more than 80 global equipment companies that provide data on a monthly basis. [Read more…] about Worldwide semiconductor manufacturing equipment sales jump 12 percent

Retailers expected to buy more than 150,000 robots by 2025

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The retail sector is expected to buy more than 150,000 robots by 2025, according to a study by ABI Research.

The next generation of mobile robots for cleaning, inventory management, and material handling are “passing the test in retail”, says ABI.

Several robotics companies have grown their autonomous mobile robot fleet in 2019 and are poised to scale exponentially over the next five years. [Read more…] about Retailers expected to buy more than 150,000 robots by 2025

Collaborative robotics market to account for 30 per cent of total robot market by 2027, says report

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The collaborative robotics market is forecast to account for approximately 30 per cent of the total overall robot market by 2027, according to a report by Interact Analysis.

The growth rate of collaborative robots is leading the robotics industry, adds the researcher.

Logistics will “surpass automotive” to be the second largest end user of collaborative robots by 2023, with electronics in first place. [Read more…] about Collaborative robotics market to account for 30 per cent of total robot market by 2027, says report