Remove 2018 Remove Automotive Remove Manufacturing Remove Robotics
article thumbnail

U.S. manufacturers invested heavily in robotics in 2023, finds IFR

Robotics Business Review

manufacturers have increasingly adopted automation, says the IFR. Total installations of industrial robots rose by 12% and reached 44,303 units in 2023, as U.S. manufacturers invested heavily in more automation, reported the International Federation of Robotics, or IFR, today. The automotive industry is still the No.

article thumbnail

ABB Robotics unveils new AMR with Visual SLAM navigation

Robotics Business Review

ABB says it will continue to advance its portfolio to meet the growing market needs for mobile robots. Source: ABB ABB Robotics has announced its first Flexley Tug T702 autonomous mobile robot (AMR). Using Visual SLAM technology, mobile robots can create a map of their environment.

Robotics 108
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Americas outpaced by Asia, Europe in robot installations: Key findings from IFR’s World Robotics 2023 report

Automation Mag

The International Federation of Robotics (IFR) has shared that its latest World Robotics report recorded 553,052 industrial robot installations in factories worldwide. By region, 73 percent of all newly deployed robots were installed in Asia, 15 percent in Europe and 10 percent in the Americas. “The

article thumbnail

Sevensense acquisition to add VSLAM smarts to mobile robots, says ABB

Robotics Business Review

Sevensense said its VSLAM technology can improve mobile robot navigation. Source: ABB After a challenging year for autonomous mobile robot, or AMR, providers, industry leaders are continuing to consolidate. ABB had invested in Sevensense in 2021, the same year it acquired ASTI Mobile Robotics for $190 million. billion to $9.5

Robotics 107
article thumbnail

Industrial robotics market growth expected to remain strong

Control Engineering

Robotics insights Industrial robot market growth is expected to grow at a CAGR of 18% from 2019 to 2029 thanks to robotics being increasingly used in the automotive and electronics industry according to a report by Future Market Insights. This is especially true as robots get smaller and less expensive.

article thumbnail

ABB Acquires Sevensense, Expanding Leadership in Next-generation AI-enabled Mobile Robotics

i4.0 today

ABB today announced that it has acquired Swiss start-up Sevensense, a leading provider of AI-enabled 3D vision navigation technology for autonomous mobile robots (AMRs). Sevensense was founded in 2018 as a spin-off from Swiss technical University, ETH Zurich. Financial details of the transaction were not disclosed.

article thumbnail

8 noteworthy robotics acquisitions of 2023

Robotics Business Review

Below are eight robotics acquisitions, in chronological order, that stood out to us in 2023. Its preliminary view is the acquisition may restrict competition in the market for robot vacuum cleaners. Berkshire Grey produces a variety of robots that address use cases in retail, eCommerce, grocery, 3PL, and package handling companies.

Robotics 120