Remove 2021 Remove Discrete manufacturing Remove Logistics
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Robot sales reach record high in North America for third straight quarter

Control Engineering

For the third-straight quarter, robot sales in North America hit a record high, driven by a resurgence in sales to automotive companies and an ongoing need to manage increasing demand to automate logistics for e-commerce. The market grew 26% and 29% for units ordered and revenue, respectively, over 2021.

Robotics 104
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Robots are becoming more flexible and resilient

Control Engineering

Industries that stand to benefit the most include food and beverage, pharmaceutical, manufacturing, logistics and construction as companies are trying to fill labor shortages to keep operations running efficiently. to 2030 to reach a value of more than $88 billion.

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When will the mobile robot vendor base consolidate?

Control Engineering

The combined market share of the top 10 and top 20 leading vendors barely changed between 2018 and 2020 and indeed dropped in 2021. As shown in the figure below, the top 10 vendors of mobile robots, captured just 36% of total industry revenues in 2021. Overall revenue growth rates for vendors ranged from ~150% to negative 50% in 2021.

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Robotic process automation market projected to reach $70 billion by 2032

Control Engineering

Robotic process automation acts as a virtual workforce which benefits the logistics companies to streamline operations like scheduling and tracking shipments, invoice generation, report, and customer service. In June 2021, FPT Software announced its partnership with Sitecore, a U.S.-based In June 2021, Kofax Inc.

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Mobile robot shipments grow in 2022

Control Engineering

Logistics mobile robot revenues to exceed 1 million by 2027. 2021 saw 100,000 mobile robots shipped globally, generating 35% revenue growth. Effectively, 2021 was benefitting from that slow start to 2020. The inevitable result of this was that most of the revenues from these orders shifted into early 2021. Final thoughts.

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Global robot market growth projected to be steady

Control Engineering

In the long term, demand from new EV manufacturing lines and from service sectors such as intra-logistics will further fuel the market, resulting in an average growth rate of 5 to 7%, which is much higher than the pre-COVID period. The market cooled slightly in 2022 but still expanded, registering 11.9% unit shipment and 14.9%

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ProMat 2023 exhibits show what is possible in warehouse automation, motion control

Control Engineering

Learning Objectives Motion control advances, robotics help warehousing, distribution centers and logistics in factories, as shown by ProMat 2023 exhibitors. With 562,700 net square feet of exhibits (more than 1000 booths), covering 1.2