article thumbnail

Robots-as-a-service creates opportunities, lowers automation adoption barriers

Control Engineering

million installations of RaaS by 2026 generating $34 billion in revenue. As Seiff put it: “RaaS is more than a pricing model.”. RaaS is on the rise. The experts at market analysts ABI Research predict that there will be 1.3 Meanwhile, a 2021 report from market analysts Technavio predicts that the RaaS market will grow by $832.77

article thumbnail

Machine vision, automation streamline logistics and warehousing operations

Control Engineering

Autonomous mobile robots (AMRs) and automated guided vehicles (AGVs) used machine vision and sensing technologies to move around freely and a key part around automation when it comes to logistics. By 2026, that number is expected to more than double, accelerated by a global pandemic and growing e-commerce industry.