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Industry analysis: 8 technologies that will transform manufacturing

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Advisory firm ABI Research has listed what it regards as the most transformative technologies in manufacturing.

The company outlines how the technologies fit together with each other in its report Smart Manufacturing.

The eight transformative technologies the report highlights are:

  1. Additive manufacturing
  2. Artificial intelligence and machine learning
  3. Augmented reality
  4. Blockchain
  5. Digital twins
  6. Edge intelligence
  7. Industrial Internet of Things platforms
  8. Robotics

The manufacturing sector has already seen increased adoption of IIoT platforms and edge intelligence, says ABI.  [Read more…] about Industry analysis: 8 technologies that will transform manufacturing

South Korea tops ‘Automation Readiness Index’

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South Korea, Germany and Singapore are the world’s top-ranked nations in their preparations for smoothly integrating intelligent automation into their economies, according to an index and report released today by ABB and The Economist Intelligence Unit.

The report “The Automation Readiness Index (ARI): Who Is Ready for the Coming Wave of Innovation?” finds that even the best-prepared countries must develop even more effective education policies and training programs, as well as place a new emphasis on continual learning over the course of a career.

Those policies and programs, the report recommends, must ensure that the rapid adoption of automation technologies and artificial intelligence (AI) will not leave people unprepared for the new, more human-oriented jobs that will be needed as robots and algorithms take on more of the routine tasks that can be and will be automated.

[Read more…] about South Korea tops ‘Automation Readiness Index’

The rise of the robot: Investing in disruptive automation

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MarketNewsUpdates.com news commentary

The robots are coming, whether we are ready or not and the trend is clear: robots will increasingly integrate into our society – at work, at home, in warehouses, hospitals and retail stores, on city streets, industrial parks and the footpaths of college campuses.

As these increasingly versatile machines start to roll out or walk out of the laboratories, the global robotics and automation market is forecasted to grow from $64 billion to $1.2 trillion in the next 10 years.  [Read more…] about The rise of the robot: Investing in disruptive automation

Delta Electronics showcases range of automation solutions at Japan exhibition

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Delta Electronics unveiled a range of smart manufacturing solutions at the recent Techno-Frontier show in Japan. 

Delta says the solutions use the company’s “advanced automation technologies and production expertise to provide mass or customized production with high flexibility”.

Delta’s exhibition features a new integrated robot production line application for the needs of the Japanese market.  [Read more…] about Delta Electronics showcases range of automation solutions at Japan exhibition

Hannover Messe: An überwhelming experience

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This is the second time I have been to Hannover Messe and I thought I was better prepared for what is probably the largest industrial technology show in the world.

But even though I had a lot of ideas of what to cover, it turns out that Hannover Messe has many more ideas than I brought with me and has overwhelmed me again.

The basic numbers about the show are impressive enough — close to a quarter of a million visitors over the five days the show lasts in the German city of Hannover. [Read more…] about Hannover Messe: An überwhelming experience

The route to fulfilment: Exclusive interview with DHL robotics boss

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Exclusive interview with Denis Niezgoda, robotics accelerator lead at DHL

In this exclusive interview, Robotics and Automation News talks to Denis Niezgoda, robotics accelerator lead at DHL, who gets into details of the company’s automation strategy, highlights some challenges, and provides plenty of insight into numerous interesting initiatives DHL is currently engaged in. 

DHL, as many will know, is the world’s largest logistics company, and Niezgoda says that the German giant is forecasting “solid improvements” in global shipments, especially in its freight forwarding business – ocean freight, road freight, and rail freight – which are among its core business activities.

“One of the biggest growth factors is online shopping or e-commerce, where we see steady, low double-digit growth – not just only in domestic shipments, but what is getting much more interesting in the past one or two years is cross-border shipments,” says Niezgoda.  [Read more…] about The route to fulfilment: Exclusive interview with DHL robotics boss

New research: Industrial robotics market to reach $40 billion by 2020

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The global Industrial Robotics Industry was estimated at $25.68 billion in 2013 and is expected to reach $40 billion by 2020, according to market research by Million Insights.

The desire to reduce operational costs by many manufacturing companies is expected to drive the global market growth, which can be majorly attributed to the adoption of automation through robotics.

Average labor costs in China have been rising by nearly 10 per cent yearly. The use of robots in industries has helped to reduced workers idle time by 80 per cent and save more than 50 per cent of the production cost, leading to significant cost savings.

[Read more…] about New research: Industrial robotics market to reach $40 billion by 2020

Opinion: Robots help close the gap between designing and making

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Andrew Watts, CEO Newtecnic, discusses the construction industry’s move towards robotics and mass-customization that brings designers and makers together for positive disruption within and beyond the industry

Digitalization, robotics and automation, have produced significant quality and productivity benefits in manufacturing over several decades.

In construction, however, while digitalization has very successfully automated design, the disconnect between designing and making is ripe for an industrial revolution.

And while innovative product manufacturers use technology to move from mass-production to mass-customization, the construction industry is only just picking up on DfMA (Design for Manufacture and Assembly) for repetitive mass production of standardized components.

This use of what can be considered an outmoded idea seems to be a retrograde step because the opportunity now exists for construction to deploy the very latest technology and thereby take the lead in manufacturing.  [Read more…] about Opinion: Robots help close the gap between designing and making

China accelerating toward robot-dominated future with $2.1 artificial intelligence technology park idea

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The Chinese government has unveiled plans to build a massive technology park through which the country’s leaders probably want to see the development of world-leading robotics and artificial intelligence technologies of the future.

Chinese leader Xi Jinping is demanding that scientists and other boffins in the world’s most populous nation achieve a “major breakthrough” in AI technology by 2025.

Jinping says he dreams of China becoming a global leader in advanced technologies and has ordered his politburo to prioritise computing and the industrial sector.  [Read more…] about China accelerating toward robot-dominated future with $2.1 artificial intelligence technology park idea

Business forecasts for robotics and automation industries

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Prediction is a tricky business, but with good-quality historical data, one should be able to make reasonably accurate forecasts about what the next few years have in store. 

Here are a few of the reports which analyse the robotics and automation market as well as related markets to provide insights which may help you plan your business.

Global Industrial Robot Vision Systems Market 2017-2021
A newly emerging market which currently probably does not offer a whole lot of statistics, but it’s certainly set for growth judging by the increasing demand for robotic vision systems.
Researcher: Technavio
Report price: $2,500

Global Robotic Tool Changers Market 2017 – Production, Sales, Supply, Demand, Analysis & Forecast to 2021
An overview of the global market for robotic tool changers, this report also takes a close look at the leading companies in the market as well as some of the key technologies.
Researcher: MRS Research Group
Report price: $2,900

Industrial Robot Servo Motor Market 2017-2022 Share, Growth, Market Dynamics, Key Manufacturers, Economic Impact and Forecast
The entire industrial robotics sector grew out of the servo motor, apparently, so this is a key market and technology. This report looks at the opportunities in the market and outlines the factors that are, and will be, driving future growth.
Researcher: Absolute Reports
Report price: $3,000

Automotive Robotics Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2025
The global market for automotive robots is continuing to grow, even though the automotive trade is already the largest buyer of industrial robots. This report looks at the type of robots the automotive industry uses and looks at the leading robot suppliers.
Researcher: Transparency Market Research
Report price: $5,200

Industrial Automation Market Research Report – Forecast 2022
Industrial automation is a large area set for tremendous growth going forward, with many more smart factories using industrial internet of things networks. This report looks at a variety of markets and technologies.
Researcher: Market Research Future
Report price: $4,450