RBR essential announcements for the interval ranging from January 1 – 7, 2021 include notices from Oxbotica, Sense Photonics, Geek+, WavEC, AMP Robotics, and Teledyne.
As application opportunities increase, the mobile robotics sector continues to expand rapidly, with funding to start-ups continuing, and larger established technology companies, including AGV suppliers, entering the market with solutions developed in-house or acquired. As standardization and commoditization looms, companies emphasize SW, RaaS and specialization as differentiators.
Autonomous Mobile Robots (AMRs) deployments are up substantially, with more to come. As the technology has proven to deliver business value, many new adopters are skipping long term pilot projects and moving directly to partial or full roll-outs.
Market research and consultancy firm Interact Analysis estimates that worldwide revenues for mobile robots will reach US $2.4B in 2020, representing a 45% increase for AMRs and 11% for AGVs over 2019. But that is only the beginning.
LogisticsIQ expects the overall revenues from the Warehouse Automation Market to increase from US $13 billion in 2018 to reach US $27 billion by 2025, at a CAGR of 11.7% (2019 to 2025).
In addition to its expansion into the Americas, Geek+ announced the appointment of executives to lead its efforts for logistics and factory automation with mobile robots.
Mobile robot companies report increased demand for robots to handle peaks caused by record online orders.
Highlighting additional news items from the world of robotics during the week.
Warehouse software company looks to create robot company partnerships to help with AMR deployments.
Smart factory in Nanjing, China, to use robots and AI to automate robot production.
Flexible systems and new designs are improving efficiency to address labor shortages for warehouses and logistics companies.
Increasing affordability and AI innovation key to increasing deployments, ABI Research reports.
RBR picks the top news events from the past year around robots, drones, and automation efforts
Logistics robotics, surgical robots and autonomous vehicle developers all score big in a post-Thanksgiving funding spree.