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Portland, OR, May 30, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global industrial robotics market was estimated at $37.87 billion in 2020 and is expected to hit $116.84 billion by 2030, registering a CAGR of 11.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

Increase in demand for automation, high labor cost and dearth of skilled human workforce, rise in investments in R&D activities, and availability of affordable and energy-efficient robots drive the growth of the global industrial robotics market. On the other hand, High initial investment and installation costs impede the growth to some extent. However, rise in application areas, growth in emerging economies, and evolving robotics technology are expected to create lucrative opportunities in the industry.

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Covid-19 Scenario-

The global industrial robotics market is analyzed across type, end-user industry, function, and region. . Based on type, the articulated segment accounted for the major share in 2020, holding more than two-fifths of the global market. The cylindrical segment, however, would exhibit the fastest CAGR of 13.1% throughout the forecast period.

Based on industry, the electrical & electronics segment generated the highest share in 2020, accounting for nearly one-third of the global market. The food & beverages segment, on the other hand, would exhibit the fastest CAGR of 12.8% from 2021 to 2030.

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Based on region, the market across Asia-Pacific held the lions share in 2020, garnering nearly three-fifths of the global market. The LAMEA region, on the other hand, is expected to cite the fastest CAGR of 13.2% by the end of 2030.

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Leading Players:

DAIHEN Corporation, Denso Corporation, Kobe Steel, Ltd., Epson America, Inc., ABB, Fanuc Corporation, Kawasaki Heavy Industries Ltd., Yaskawa Electric Corporation, Kuka AG, and Mitsubishi Electric Corporation. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact us:

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Industrial Robotics Market Is Expected to Reach $116.84 Billion by 2030: Says AMR - GlobeNewswire

INDUSTRIAL EXCHANGE: ORTHODONTIC INDUSTRY IS COMING THE NEW ERA

Founded in 1900, the American Association of Orthodontists (AAO), as the oldest and most authoritative dental professional organization in the world, annual meeting of it is regarded as a feast of the orthodontic industry and academic exchanges. In the future, it will guide a new direction for the development of the orthodontic industry.

Varying from the academic forums known to the public in the past, AAO integrates industry exchange lectures, scientific knowledge exhibitions and orthodontic equipment exhibitions. One of the biggest highlights of this year is the innovation pavilion in the Miami Beach Convention Center exhibition hall. Many blockbuster cutting-edge technologies debuted for the first time, which also indicates that the field of orthodontics has officially entered the era of technological globalization.

PUBLIC FOCUS : WEIYUN AMAZES THE WORLD BY ITS FRQUENT TECH UPDATES

Weiyun AI & Robotics Group, as a pioneer of industrial AI and an advocate of new standards in the oral medical industry, has always captured the public's eyes. This year, it represented the leading technology company in this industry was invited by the Annual Meeting of the American Association of Orthodontists. With its self-developed smart scanner AI SMILE S4 intra-oral scanner, which just won the German Red Dot Award recently, it made a stunning appearance, which once again attracted the attention of the industry. In addition to its streamlined minimalist beautiful design, this oral scanner that has undergone 4 iterations, also has the ability to link the data portal of millions of cases worldwide with cloud brains, smart factories and terminal medical institutions. It can be used in various oral medical scenarios including orthodontics, implantation, restoration, dental aesthetics, etc., and provide doctors and patients with more comfortable, accurate, efficient and real-time visual orthodontic solutions, while the cost is only 1/3 of the same precision equipment but more effective. Weiyun's technology and its close-loop industrial chain reduces the cost in the robotics device production in a large extent, which makes the AI techology accessible for the common use in the real world.

In addition, AI SMILE also brought three-layer and multi-layer TPU polymer diaphragms jointly launched with North American strategic partner GOOD FIT. This revolutionary breakthrough product also attracted the strong interest of many professionals who came to communicate with it. By virtue of its strong molecular chain structure and high flexural modulus of elasticity, it can continuously and stably apply force, so as to closely fit the teeth, strengthen the treatment, and ensure that the treatment force is evenly and smoothly released to the teeth. Moreover, it also has outstanding resistance performance in complex oral environment at the same time. This innovative breakthrough will also benefit 1 billion patients worldwide in extensive commercial use in the future.

FUTURE TREND : INDUSTRIAL AI ENABLES AI POPULARIZATION IN DENTAL MEDICINE

At the exhibition site, there was an endless stream of people in front of the AI SMILE booth. Carefully and thoughtfully, the staff of Weiyun AI & Robotics Group introduced industrial AI solutions and technological breakthroughs through a combination of video explanations and operation demonstrations. Regarding the future industry trends, in the reporter's interview, AI SMILE artificial intelligence expert responded, "Dental medicine is an application scenario that requires highly personalized solution design and high-precision production and delivery standards. Artificial intelligence applications are undoubtedly the optimal solution for the future development of the dental industry. With years of technology accumulation and the deep integration of the industry, Weiyun AI & Robotics Group has built a closed loop of high-precision large-scale flexible production capacity in the industry. And the team recently independently developed AI robot execution terminal equipment and achieved significant results. Technological breakthroughs have greatly improved production efficiency and reduced production costs, making it possible to popularize AI in the whole industry."

MORE POSSIBLITIES: WEIYUN IS EXPECTED TO OPEN MORE POSSIBITIES WITH ITS INDUSTRIAL AI POWER

As an advocate and pioneer of industrial AI, Weiyun AI & Robotics Group has never stopped moving forward. With the core advantages of artificial intelligence technology and robot execution terminal equipment, it reshapes the upstream and downstream ecological chain of digital dentistry. In the oral medical industry with high market stockindividual demand and high precision demand, Weiyun AI has formed technical barriers in every link of the industrial chain, truly realizing the vertical landing of AI and building a closed loop of high-precision and large-scale flexible production capacity. Meanwhile, Weiyun has been able to intelligently deliver thousands of SKUs in the oral medical scene, forming unshakable international competitiveness and market influence, and laying a pioneering position in the whole industry.

It is reported that through the American Orthodontic Annual Conference, Weiyun AI & Robotics Group, based on its core AI technology and robot execution terminal, deeply empowers the oral medical industry and establishes industry standards. Moreover, its unique industrial AI strength in the industry and the status of reshaping industry standards have been widely recognized internationally. It is worth expected that in the future, Weiyun will release more huge potential and lead the dental medical industry to realize more infinite possibilities.

SOURCE AI SMILE

Excerpt from:

Weiyun AI & Robotics Group Attended The Annual Meeting of AAO with Its AI SMILE New Breakthough, Shows Its Leading Power in Industrial AI of...

Sarcos Technology and Robotics (NASDAQ:STRC Get Rating) and RINO International (OTCMKTS:RINO Get Rating) are both small-cap industrial products companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, dividends, valuation, institutional ownership, analyst recommendations, earnings and risk.

Analyst Ratings

This is a summary of recent ratings for Sarcos Technology and Robotics and RINO International, as provided by MarketBeat.

Profitability

This table compares Sarcos Technology and Robotics and RINO Internationals net margins, return on equity and return on assets.

Insider and Institutional Ownership

35.3% of Sarcos Technology and Robotics shares are held by institutional investors. 23.2% of Sarcos Technology and Robotics shares are held by insiders. Comparatively, 12.1% of RINO International shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Sarcos Technology and Robotics and RINO Internationals top-line revenue, earnings per share (EPS) and valuation.

RINO International has lower revenue, but higher earnings than Sarcos Technology and Robotics.

Risk & Volatility

Sarcos Technology and Robotics has a beta of 2.69, suggesting that its share price is 169% more volatile than the S&P 500. Comparatively, RINO International has a beta of -4.3, suggesting that its share price is 530% less volatile than the S&P 500.

Summary

Sarcos Technology and Robotics beats RINO International on 6 of the 8 factors compared between the two stocks.

Sarcos Technology and Robotics Company Profile (Get Rating)

Sarcos Technology and Robotics Corporation designs, develops, and sells robotic systems. Its robotic systems augment human performance by combining human intelligence, instinct, and judgment with machines to enhance employee safety and productivity. The company's mobile robotic systems include the Guardian XO, a full-body powered exoskeleton; Guardian XT, a highly dexterous mobile robot perform; Guardian GT, a force-multiplying dexterous robotic system; and Guardian S, a remote-controlled visual inspection and surveillance robotic system. Sarcos Technology and Robotics Corporation is headquartered in Salt Lake City, Utah.

RINO International Company Profile (Get Rating)

RINO International Corporation, through its subsidiaries, operates as an environmental protection and remediation company in the People's Republic of China. The company engages in designing, manufacturing, installing, and servicing wastewater treatment and flue gas desulphurization equipment primarily for use in the iron and steel industry; and anti-oxidation products and equipment for use in the manufacture of hot rolled steel plate products. Its products include Lamella Inclined Tube Settler Waste Water Treatment System, which comprise industrial water treatment equipment, effluent-condensing equipment sets, solid and liquid abstraction dewatering equipment, and coal gas dust removal and cleaning equipment; and Circulating, Fluidized Bed, Flue Gas Desulphurization System that removes particulate sulphur from flue gas emissions generated by the sintering process in the production of iron and steel; and High Temperature Anti-Oxidation System for hot rolled steel, a set of products and a mechanized system, which reduces oxidation-related output losses in the production of continuous cast hot rolled steel. In addition, it offers contract machining services for third-party industrial enterprises. The company was incorporated in 1984 and is headquartered in Dalian, the People's Republic of China.

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Reviewing Sarcos Technology and Robotics (NASDAQ:STRC) and RINO International (OTCMKTS:RINO) - Defense World

Photo credit: Dyson

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Last week, Dyson announced that for more than ten years, the company known for vacuums has been working on robots that can help us complete household chores.

In a new hiring push, Dyson is expanding its robotic engineering efforts across four new facilities in Europe and Asia.

A more rugged robot is required to handle the wear-and-tear of working inside a chaotic human household.

Imagine a robot picking up toys strewn about your home. Or maybe a robot bleaching the kitchen counter after it meticulously washes your dishes and places them in your drying rack. Thats the vision of the future that Dyson hopes to make a reality with an engineering push that welcomes robots into our homes to complete arduous, repetitive household tasks. That could make your least favorite chores a thing of the past.

On May 25, Dyson revealed that the brand, best known for its line of vacuums, has spent the last ten years heavily dedicated to improving robotics within the home; its all part of a covert 20-year push toward advanced household robotics that began with the firms development of robo-vacuums. There is a big future in robotics, saving people time, performing chores for people and improving peoples daily lives, Dyson says in a YouTube video about the new robots (embedded at the top of this story).

Dyson released the promotional video as part of a hiring push, as it aims to eventually have 700 engineers across four sites in the United Kingdom and Singapore dedicated to household robotics.

To make it work, Dyson knows it needs to continue to improve the functionality and durability of the machinery to be as compliant as possible and safe in a home environment. Translation: make a robot that doesnt get destroyed by the humans it hopes to help.

In order for Dyson to get a robot involved in cleaning the sofa, picking up toys, putting away dishes, or cleaning countertops, the company needs to improve its durability. With movable arms and grippersmeaning various degrees of freedom, or directions the robot can move inthe machine cant be under a constant threat of breaking. It also needs to be able to move about a home without breaking other things. (Unless, you know, Dyson figures out how to get the robots to fix things, too).

Story continues

Dyson is already at work upgrading sensors and cameras to help the robot scan rooms, furniture, and household items to better understand and distinguish between objects. Add in upgraded thermal imagingwe dont want the robots trying to clean humans, after alland the robots are well on their way to becoming adequate cleaning pros.

Photo credit: Dyson

Of course, Dyson isnt the only group trying to make a complex household-friendly robot. Unlimited Robotics believes its robot, Gary, can handle a few basic household chores once it dials in the software. Aeolus Robots, meanwhile, has built machines that can help out with opening doors and picking up items. Boston Dynamics, for its part, already has a popular robotic dog, called Spot, that can not only load the dishwasher, but has taken up work with a bomb squad, at oil and gas sites, and even in medical settings throughout the pandemic. (You can even buy one of your own, but its pricey).

Dyson is working with Englands Imperial College London on secretive additional research and development, and reportedly plans to spend nearly $3.5 billion on technologies and facilities over the next five years, at least a large portion of that filling out the robotics effort.

Dyson says it want the worlds brightest robotics engineers to join the company to create the UKs largest, most advanced robotics center at Hullavington Airfield and to bring the technology into our homes by the end of the decade.

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Dyson Is Building Robots to Perform Your Most Dreaded Household Chores - Yahoo Life