Where Innovation Meets Imagination
Are you still experimenting with new tactics to expand your business? And you would be missing out on a lot if you didn’t strive to expand your market through online means. The internet serves as a powerful and effective tool that businesses use in a variety of ways to grow and succeed.
In this article, we’ll go over various strategies you can employ to accomplish your business’s goals. [Read more…] about Want to Grow Your Online Company? Here’s How to Do It
The market for non-industrial robots is expected to reach $83.4 billion in 2023 and $465.5 billion by the end of 2033, growing at a compound annual growth rate of 18.8 percent, according to a report by Fact.MR.
Robotics is gradually changing how routine tasks are carried out; their adoption simplifies work, saves time, and increases overall productivity.
Every industry, including the commercial and domestic sectors, uses robots for all jobs, simple or complex. Due to the growing demand from end-use sectors like healthcare, the military, research and development, and other industries, non-industrial robots are expected to experience rapid growth. [Read more…] about Non-industrial robots market expected to grow 19 percent a year
The global robot vision system market is likely at $2,690.4 million in 2023 and expected to grow at a compound annual growth rate of 10.4 percent during the forecast years of 2023-2033, according to a report by Fact.MR.
In order to improve job efficiency and replace human labour, the market for robots is rising and is anticipated to rise more during the coming year.
The market is expanding as a result of increased adoption of machine vision systems and the use of cognitive humanoid robots in end use industries such as automotive industry and others. [Read more…] about Demand for robot vision system set to surpass $7 million by 2033
The global market for space robotics is forecast to exceed revenues of $7 billion by 2032 with a projected compound annual growth rate of 9 percent over 2023-2032, according to a report by Global Market Insights.
The market growth is due to the rapid expansion of the electronic chip manufacturing industry globally. Besides, the increasing number of space projects in the MEA region will also foster the market growth.
For instance, in May 2022, Benya Group inked an MoU with OneWeb to explore the distribution of connection services in the MEA region. [Read more…] about Space robotics market revenue forecast to grow to $7 billion by 2032
Producer of high quality, sustainable protein for the global animal feed market
Unibio has announced an investment of approximately $70 million from the Saudi Industrial Investment Group (SIIG).
Unibio was the Wealth Club’s first ever single company Enterprise Investment Scheme (EIS) offer to its clients in 2017.
Unibio has developed technology to convert natural gas (methane) into organic, high quality sustainable protein for the global animal feed market on an industrial scale. [Read more…] about Saudi Industrial Investment Group stakes $70 million in Unibio
In 2022, the market for autonomous mobile robots was expected to be worth $2.85 billion. By 2032, the market is anticipated to reach a value greater than $20.99 billion. The forecast period is expected to see this market expand at a compound annual growth rate of 22.1 percent, according to Fact Market Research.
The rising demand for automation in manufacturing and logistics industry is expected to drive the growth of the autonomous mobile robots market. The increasing need to reduce operational costs, improve efficiency and accuracy, and enhance productivity is anticipated to boost the growth of the market.
The growing trend of automation in warehousing operations is also a major factor driving the growth of the autonomous mobile robots market. The growing demand for these robots in industrial applications is expected to continue to fuel the growth of the market. [Read more…] about Autonomous mobile robots market expected to expand at 22 percent a year
A new competitive ranking by technology research firm ABI Research provides “an in-depth and unbiased examination” of the autonomous forklift solutions offered by 16 autonomous forklift suppliers, according to the company.
A total of eight criteria were chosen for the analysis and segmented across innovation and implementation clusters. These include the vehicle solutions across three major categories of autonomous forklifts, namely reach truck, counterbalance stacker, and pallet truck, the level of maturity in navigation solutions, fleet management and orchestration, as well as the vendors’ integration and optimization capability.
The report further evaluates the vendors’ revenue and funding, customer reference, regional presence, the company’s distribution networks, and technology partners. [Read more…] about ABI Research gives 16 autonomous forklift system vendors competitive rankings
Comau is designing a “powerful mobile robotics platform” as part of an open, highly collaborative production environment, in the context of three different European Projects.
The integrated solution, which leverages Comau’s proven expertise in IoT-enabled technologies and collaborative robotics, is a natural evolution of the company’s automated workflow optimization systems.
Modular, scalable and completely re-configurable, the platform can be easily adapted to different applications without changing the system’s underlying software or hardware architecture. [Read more…] about Comau developing new mobile robot solution for three EU projects
The IAR Group from Switzerland, which specializes in industrial automation systems, is expanding and founding a subsidiary in the greater Stuttgart area.
The main objective is to sell its self-developed automation modules for loading and unloading processes as well as automated special machines and robot cells on the German market. To this end, a sales and service team is to be established.
Sébastien Perroud, chairman and CEO of the Zofingen-based IAR Group, says: “I am very pleased about the newly founded subsidiary in the greater Stuttgart area – a milestone in the history of the IAR Group. IAR Deutschland will serve as an important base for us to sell our products and services in the German market.” [Read more…] about Switzerland’s IAR Group establishes new subsidiary in Germany
MobileDrive has adopted a model-based systems engineering approach to support its Advanced Driver Assistance Systems development, using the Siemens Xcelerator portfolio and its comprehensive digital twin technology.
By leveraging Siemens’ robust expertise in the digital thread, MobileDrive has accelerated its progress to build the next-generation autonomous driving systems and helped to achieve the industry-leading quality of the products.
Founded in 2021 as a joint venture between two mobility technology leaders, FIH Mobile and Stellantis, MobileDrive is focused on developing infotainment, telematics and a cloud service platform, together with ancillary hardware and software. [Read more…] about MobileDrive builds next generation ADAS with Siemens’ digital twin technology
