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Universal Robots picks China for first overseas production facility

Robotics Business Review

Credit: Universal Robots Universal Robots A/S is looking to significantly expand its presence in China, the world’s largest market for industrial robots. To meet increasing Chinese demand, Universal Robots ( UR ) has established manufacturing capabilities in Nantong, China. payload and a reach of 850 mm (33.4

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Industrial robot components market report: Anticipated 8.8 percent annual growth forecasted until 2027

Automation Mag

A recent Interact Analysis report finds that the global market for key components used in industrial robots reached $12.1 percent year-on-year increase was driven by the production of collaborative and SCARA robots. Overall, the market for industrial robots components is expected to grow at a CAGR of 8.8 billion in 2022.

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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. The Bengaluru, India-based company specializes in “visual object sentience,” robotics, and cybernetics. “With General Motors … they require one standard robot platform to handle 22,000+ parts for assembly of the vehicles,” Ramaswamy said.

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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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Vayu Robotics launches ‘world’s first’ on-road delivery robot powered by AI robotics foundation models

Robotics Automation News

Consumers rely on e-commerce platforms to deliver groceries, electronics, apparel and more everyday. And while the number of deliveries is skyrocketing – by 2027, 23 percent of American retail purchases are expected to take place online – cost per delivery remains stubbornly high.

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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.

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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.