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Interact Analysis downgrades mobile robot forecast by 18%

Robotics Business Review

Source: Adobe Stock Interact Analysis reduced its forecast for the global mobile robot market by 18% in 2027 due to a series of macroeconomic factors it said are impacting demand. In Interact Analysis’ most bullish prediction scenario, mobile robot shipments could reach nearly two million by 2030.

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IFR World Robotics report says 4M robots are operating in factories globally

Robotics Business Review

The operational stock of industrial robots worldwide. Source: IFR World Robotics The International Federation of Robotics’ latest World Robotics report recorded 4,281,585 units operating in factories worldwide in 2023. It expects growth to accelerate in 2025 and continue in 2026 and 2027.

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CynLr raises Series A funding to realize robot vision for ‘universal factory’

Robotics Business Review

The CLX robotic vision stack was inspired by human eyesight. Source: CynLr CynLr, or Cybernetics Laboratory, today said it has raised $10 million in Series A funding. The Bengaluru, India-based company specializes in “visual object sentience,” robotics, and cybernetics. He also cited plant-level automation customers.

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Imagry moves to make buses autonomous without mapping

Robotics Business Review

Source: Imagry Autonomous vehicles often rely heavily on prior information about their routes, but new technology promises to improve real-time situational awareness for vehicles including buses. “We’ve been selling our perception and motion-planning stack to Tier 1 suppliers and automotive OEMs for autonomous vehicles.

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Chinese automaker to use UBTECH humanoid

Robotics Business Review

Ubtech says its humanoid robots can be used in industrial manufacturing, exhibition halls, warehousing and logistics, commercial office services, home services, and college and research institutions. The companies did not specify the number of robots that will be deployed or the number of facilities they’ll be at.

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UR survey shows 48% of manufacturers plan to invest in AI

Robotics Business Review

Source: Universal Robots The artificial intelligence market is projected to reach $407 billion by 2027, with an annual growth rate of 37.3%, according to Forbes. “AI isn’t just hype,” stated Anders Billesø Beck, vice president for strategy and innovation at Universal Robots. Register now.

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Jeff Burnstein, president of A3, shares top automation trends for 2023

Automation Mag

Overall robot sales slow slightly in Canada, but thrive in automotive and other key industries In 2022, Canadian companies purchased 3455 industrial robots, according to the latest A3 report. However, the move to electric vehicles (EVs) has accelerated the need for robots in this market. 2022 was no different.