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Despite the hype, Interact Analysis expects humanoid adoption to remain slow

Robotics Business Review

Agility Robotics, a leading developer of humanoid robots, has deployed its Digit robot with GXO. Source: Agility Robotics The nascent humanoid robots market offers a large opportunity, but uptake will be low in the short and medium-term, according to a new report from Interact Analysis.

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Packaging robots market forecast to worth $7.5 billion by 2032

Robotics Automation News

The global packaging robots market is valued at $3.8 billion by the end of 2032 and is forecasted to expand at a robust compound annual growth rate of 7 percent from 2022 to 2032, according to data released by Fact.MR, a market research and competitive intelligence provider. Packaging robots are […]

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Vention launches turnkey sanding robot for wood workers

Robotics Business Review

. | Source: Vention Vention launched its first turnkey robot for sanding. The company said it developed the product due to growing demand for robot workcells for sanding applications, especially in cabinet making. This is a collaborative robot ( cobot ) with advanced safety features for working alongside humans. million in 2023.

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Space robotics market revenue forecast to grow to $7 billion by 2032

Robotics Automation News

The global market for space robotics is forecast to exceed revenues of $7 billion by 2032 with a projected compound annual growth rate of 9 percent over 2023-2032, according to a report by Global Market Insights. The market growth is due to the rapid expansion of the electronic chip manufacturing industry globally.

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Humanoid robots can benefit from high-performance seals, says Freudenberg

Robotics Business Review

The humanoid robot market could experience a boom, with projections indicating a substantial and sustained increase over the next decade. Source: Freudenberg Sealing Technologies Industrial robots have become indispensable in modern manufacturing, performing tasks with precision, speed, and efficiency. billion U.S.

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Move Digital plans to manufacture robots for the home

Robotics Business Review

Move Digital plans to expand from AI and blockchain into robotics. a developer of artificial intelligence and blockchain technologies, this week announced its strategic expansion into the field of robotics manufacturing. billion by 2032, projected Benchmark International. Source: Adobe Stock Move Digital Ltd.,

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Persona AI raises $27M to develop humanoid robots for shipyards

Robotics Business Review

a humanoid robot and embodied artificial intelligence developer, this week said it has closed an oversubscribed pre-seed funding round, raising $27 million. Robotics veterans founded the startup in 2024. Nic Radford, the CEO, was the founder and former CEO of Nauticus Robotics. . | Source: Persona AI Persona AI Inc.,