Category Archives: Automation

Manufacturing technology advances haveextended the realm of automation beyondplant floor sensors, controllers, visionsystems, and robotics into closely connecteddata collection and analysis using artificial intelligence.These technologies enable a smart factoryto self-optimize and adapt to conditions inreal-time. Despite these advances, warehouse andrelated material moving operations tend not to benearly as modernized as plant floor operations.

If you look inside the most modern environment,warehouse or factory, material handling,broadly speaking, is mostly analog, says MatthewRendall, CEO of Otto Motors, a maker of autonomousmobile robots (AMRs). Any place wherea forklift truck is driving something around, it ishighly analog. That means the amount of data youhave at your fingertips to analyze is limited. Fordecades, operators have been grasping at low accuracy,low frequency, and expensive-to-capturedata trying to figure out how to run a continuousimprovement program.

For example, you can go into a factory or awarehouse today and still see industrial engineerssitting in lawn chairs at an intersection in the plantwith a clip board, pencil, and stopwatch to monitormaterial flows, says Rendall. It is an expensivething to request of a highly trained industrial engineer,so it doesnt get done frequently, he says.

Which means the process, by its nature, is notas exact as it should be; plus, its rarely updated.

But this antiquated, analog surveying methodis shifting in response to the decreasing cost ofcomputer storage, increasing compute power,and new tools that target warehouse and distributionoperations.

The roaming robotOtto Motors is delivering tools to help industrialengineers automate the study of time and motionand it comes in the form of the AMR. Theremarkable contrast that an AMR brings to thetable is that we have sub-inch and sub-secondlevel accuracy, and the marginal cost to collectan additional survey is zero, Rendall explains. Soyou are able to run industrial engineering time andmotion studies on steroids at all times.

The AMRs from Otto Motors are designed formaterial handling in the manufacturing and warehouseoperations in a free-movement manner.In an automotive warehouse, for example, therecould be 30,000 parts moving across the facility.Its a symphony of motion, Rendall says. [Withdata from the AMRs] we are able to harness insightsabout how those 30,000 parts are movingin order to create a smarter traffic network.

The foundation of Otto Motors AMR is a proprietary version of the simultaneous localizationand mapping (SLAM) algorithm, which reliesupon cameras and laser scanners to develop aphotorealistic floor plan.

Think of an AMR as having a photographicmemory. As its driving around it is constructinga picture-perfect representation of that environmentin its memory, Rendall says. Using thatunderlying localization and mapping, you can plotout where a vehicle has traveled. As a result, theside benefit [of an AMR] is that we have one ofthe most sophisticated data collection machines afactory or warehouse has ever seen, patrolling thefloor 24/7, Rendall says.

The AMRs operate with fleet managementsoftware which includes a feature called factoryreplay, providing a time-lapse recap of the entiredays production. The software can take a 16-houroperation and collapse it down to five minutes,which provides an industrial engineer with a birds-eyeview of the floor and the ability to rewind,fast-forward, and zoom in to a certain time duringan incidentas well as before and afterto extractinsights about ultimate root causes of problemson the floor.

Another company, 634AI, offers an AI-driventechnology called Maestro, which is designed tosafely orchestrate the movement of AMRs andcoordinate situational reactions to create a moreefficient and safer environment. Using off -the- shelf, Power-over-Ethernet ceiling-mountedcameras, and proprietary computer vision technology,Maestro pulls video streams from differentcameras to create a grid on the floor.

Those videos are stitched together to create areal-time map of the facility. Then, deep learningAI coupled with computer vision algorithms drawsemantic analytics from data on the factory floor.This data can be productivity-related informationproviding real-time safety alerts, near-missanalyses, task allocation, and the ability to instigateand navigate a robots autonomous capabilitieslive on the factory floor, says Shlomi Hatan,634AIs vice president of business developmentand operations.

Every factor in the process is identified, classified, tracked, and managed by Maestro, includingraw materials, mobile robots, forklifts, boxes, andeven people. Designed to be hardware-agnostic,Maestro is interoperable with other systems toenhance company workflows on a universal scale,Hatan explains. The general rule is, if Maestro seesit, it can be tracked and controlled in real time.

Hatan adds that Maestros control capabilitiescan be extended to deliver custom, AI-generatedproductivity propositions. For example, Maestrocan display forklift slow zones to locate bottlenecksand interferences for vehicles and workers,informing them of obstacles to help shorten traveltimes. It can also track the traveled distance anddriving hours of forklifts and robots to identifyunderutilized resources or assure timely maintenanceof equipment. It can even alert operators ofincorrectly positioned materials and pallets.

Collecting all this information internally andcreating a map of material movement can alsohelp companies with supply chain struggles.Theres an interesting relationship betweentransparency and automation, Rendall says. Wecant influence what time the parts arrive on theloading dock. But if we are responsible for all thematerial handling that happens once the materialshit the receiving dock, we can use a QR code orRFID tag to scan the inventory. That inventory isonly touched by a machine, and when thats thecase, you should be able to see within inch- andsecond-level accuracy where every nut, bolt, andscrew is inside the operation. So you have a muchbetter handle of what inventory you are workingwith inside your operation to more intelligentlyuse the resources available to you.

Automated storageand retrievalIndustrial control suppliers are also adding intelligenceto automated storage and retrieval systems(AS/RS) used in warehouses and distributioncenters.

Beckhoff Automation, for example, offers ashuttle control system for AS/RS applicationsin compact form factors. This system includesTwinCAT Machine Learning software to reduceenergy consumption while optimizing accelerationand deceleration of the shuttles. The machinelearning (ML) functionality automatesthis so there is no human intervention requiredto achieve the process improvements, saysDoug Schuchart, Beckhoffs global materialhandling and intralogistics manager.

In addition, the EtherCAT communicationprotocol used in this system allows informationto be collected in large quantities and stored in adatabase on a Beckhoff controller. That data canthen be transmitted to the cloud.

Once at the enterprise level or the cloud, datascience software can be used to develop ML inferencesfor equipment optimizations and predictive maintenance applications. These ML inferencescan then be deployed using TwinCAT MachineLearning to be executed in the PLC in real time,Schuchart explains.

Dealing with dock delaysAMRs coupled with AI can increase productivityand safety inside operations. And machinelearning coupled with PLCs can improve orderfulfillment and throughput. But what happenswhen the truck doesnt show up at the receivingdock? Traditional warehouse management systems(WMS) dont have the ability to recalculateeverything when there are shipping delays, or ifthere are too many shipments and not enoughdocks, or if inventory is in the wrong building.

To address such issues, AutoScheduler.AI hasdeveloped a cloud-based intelligent warehouseorchestration platform that integrates with existingWMS, ERP, and even yard managementsystems to provide dynamic dock scheduling,proactive cross-docking, and prescriptive analyticsthat balance inventory flow and drive laborefficiencies. Our goal is to be the brain of thewarehouse, says AutoScheduler.AI CEO andco-founder Keith Moore.

The work started as a project with Procter &Gamble (P&G). P&G operates one main plant inOhio that uses seven nearby satellite warehousesfor storage. Across this campus, the projectnoted more than 250 outbound full-vehicleshipments per day and, of those, 85% were dropand hook, and 15% were live load. These operationsrequire manual efforts that are completedbased on who is scheduled and the need for theday. But volatility in the production scheduleand volume made it difficult to plan, resulting inan inefficient operation.

Using the AutoScheduler.AI technology, P&Gdoubled shipments from the plant directly tocustomers without increasing inventory, reducedshuttle moves involving outside warehouses bynearly 50%, reduced workforce planning fromeight hours to 20 minutes per day.

That experience prompted Moore to turn thisinto a scalable system for any warehouse or distributioncenter operation to provide analyticsthat describe what is happening, predict whatwill happen, and prescribe an optimal plan basedon that information.

Every few minutes, AutoScheduler looks at thecurrent situation and then runs what-if scenariosbased on inventory and constraints to maximizeflow through the building. We pull informationfrom the WMS and other systems, run theoptimization, and push it back into the executionsystem. So when someone scans a palletour planflows straight through to the floor, and nobodyeven knows we exist, says Moore.

The AutoScheduler technology is exactly thekind of cognitive toolsets that Stephen Laaper,a principal and manufacturing strategy leader atDeloitte Consulting, says is coming to day-to-daywarehouse operations.

Supply chains will continue to be pressed andstretched in various ways for the foreseeable future,Laaper observes, noting that more actionableinformation is imperative. Because of that,the nature of these solutions are becoming increasinglyimportant.

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The Intelligent Warehouse - Automation World

MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK) will host its annual investor meeting on Wednesday, Nov. 16, in conjunction with the companys Automation Fair being held at McCormick Place in Chicago, Illinois.

The public webcast portion of the meeting will begin at approximately 9:15 a.m. CST with presentations by Blake Moret, Chairman and CEO, and other senior leadership. The webcast will be available on the Rockwell Automation Investor Relations website at http://www.rockwellautomation.com/en-us/investors.html.

About Rockwell Automation

Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 25,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit http://www.rockwellautomation.com.

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Rockwell Automation to Host Annual Investor Meeting - Business Wire

INDIANAPOLIS--(BUSINESS WIRE)--Today PERQ announced that Laramar Group, the real estate investment management company headquartered out of Chicago and Denver, has selected the PERQ platform to support the growth and evolving business needs of their portfolio. PERQs platform will provide automation for Laramars interactions with prospective renters on the website, via SMS, and email allowing them to efficiently scale their marketing and sale efforts. We saw that PERQ could take the repetitive question-answering off our teams plates so they could really focus on leads that are ready to lease, said Stacy Valentine, Laramars VP of Innovation and Technology. But we suspected it could go beyond that, she added: Because the team wouldnt also need to spend time following up on low quality leads, they should have time to focus on other things like closing leases and getting back to our residents. The PERQ platform will be rolled out across the conventional property portfolio.

Already, Laramar is experiencing an average increase in year-over-year lead to tour conversion of 182% across the properties included in their 3-month pilot. And, with increased tour traffic coming from their website, they have been able to fine-tune and reduce their marketing spend. We have been able to drop underperforming lead sources and, at assets where weve done that, we're running under budget on marketing by a couple thousand dollars a month, Anna Shea, Senior Director of Marketing confirmed. Estimates on the costs savings provided by PERQ for the 3-month pilot period with four of Laramars properties exceed $100,000 in marketing and operational costs.

PERQ is positioned to enable Laramars marketing and sales needs due to its unique marketing automation platform that combines interactive, personalized website experiences, AI-powered chat across website, SMS and email, and personalized outbound nurture touches via email and SMS to engage, nurture, and convert every multifamily lead at a scale no onsite team could do on their own. Many PMCs are challenged with scaling their teams across a high volume of prospective renters. PERQ automates this work and provides top-notch personalized experiences that consumers have come to expect, explains Scott Hill, Chairman of PERQ. We are proud to work with Laramar to advance their renter experience.

The Laramar team is planning to roll out the PERQ platform to the other properties in their portfolio. Our goal is to get PERQ on as many properties as quickly as we can. We are continuing to prioritize rolling it out to the communities that desperately need PERQs help, and now our operators are reaching out to us and asking if they can get PERQ because theyre hearing about PERQs results from their peers, Stacy shared. Laramar expects to begin 2023 with PERQs automation installed for all of their conventional properties.

About Laramar

Founded in 1989, Laramar Group is a vertically integrated and distinguished national real estate investment and property management corporation with a multi-billion dollar portfolio. For over 30 years, Laramar has delivered an unparalleled level of service to the real estate industry. Laramar has a presence in over 20 markets from coast to coast and maintains corporate offices in Chicago and Denver.

About PERQ

PERQ is a multifamily marketing automation platform that automates and personalizes the renters journey. Powered by artificial intelligence, PERQ combines website personalization, interactive website experiences, natural language chat in more channels, and personalized automated nurture outreach to help multifamily PMCs automate their renters journey and achieve higher conversions, reduce their costs per lead and lease, and save time for their overburdened onsite teams.

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Laramar Group Chooses PERQ as Automation Platform for Automating the Renter's Experience - Business Wire

The University of St. Thomas School of Engineering announced it received a generous gift commitment of $1 million from Henry and Angelena Blattners Foundation 94. This funding will help support the construction of a new facility to house multiple robotic arms within the Schoenecker Center.

Upon completion, the new Robotics and Automation Laboratory will be a 900-square-foot facility for robotics and automation research, in addition to hands-on experiential learning for all undergraduate and graduate students attending the School of Engineering. It will be essential to creating new avenues for industrial collaboration and research in the growing fields of advanced manufacturing.

Hands-on robotics research and lab experiences are foundational components of engineering education at St. Thomas, said Don Weinkauf, dean of the School of Engineering. Through this gift, combined with generous support from our corporate partners, students will feel an immediate impact on their experience.

Thanks to this gift from Foundation 94, St. Thomas students and faculty will have access to state-of-the-art automation technology right in the heart of St. Paul, including two six-axis robotic arms one that is geared toward high-speed and high-load industrial applications and another that is used for collaborative tasks with nearby human operators.

In addition to tackling pressing robotics research questions involving machine vision, part manipulation and assembly, this advanced technology will enable large-scale manufacturing automation and process development projects focused on specific industrial applications, such as medical devices.

St. Thomas already boasts impressive engineering facilities; we are pleased to be able to donate to the new Schoenecker Center and for the opportunities it will provide to current and future Tommies, the Blattner family said.

The Schoenecker Center set to open for classes in 2024 will be a world-class complex, aimed at fostering interdisciplinary learning, including science, technology, engineering, arts and math (STEAM).

Learn more about the Schoenecker Center and STEAM education at St. Thomas here.

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Donor Gift Funds Robotics and Automation Lab for Schoenecker Center at St. Thomas - Newsroom | University of St. Thomas - University of St. Thomas...

Leading PDF quality control and automation expert Enfocus has announced it is bringing its winning hand of automation software to Las Vegas, NV as an exhibitor at the Printing United Expo.

The software developer will be exhibiting its range of solutions, including PitStop Pro, Switch, and more, at booth C5937 in the Las Vegas Convention Centers Central Hall. Printing United, this year held between October 19-21, is one of the printing industrys key annual events, bringing together solutions providers from across the market.

Looking ahead to the event, Piet De Pauw, Head of Marketing at Enfocus, said, When the chips are down, Printing United is one of the biggest and most important shows for us. And, as this is the first in-person Printing United since before the pandemic began, were going all in with our full range of software.

We pride ourselves on making software that lets printers do things their way. So, to celebrate our iconic host venue, well be exhibiting in the Sin City way with a casino-themed booth but visitors wont be gambling when they visit us, because automation always wins.

Enfocus software is widely regarded as the only game in town if you're looking for a truly open automation platform that can connect all your systems and teams into one fully automated, streamlined print workflow to handle files throughout the prepress process. By automating onboarding, PDF preflight, imposition, and validation, printers can dramatically increase throughput.

De Pauw added, Getting print jobs through from customers can feel like a roll of the dice in our industry. If youre lucky, the job will fly through preflighting, but there is every chance the file will go bust with common errors like missing bleed or incorrect color modes. Our suite of automation software ensures printers always hold all the cards.

We expect a full house at our booth, so any printers looking to up the ante and stack the deck in their favor should book a slot and stop by to discuss the right software solution for their business.

Enfocus recently rolled out a series of large updates for several of its software solutions, including a 2022 update to mark the 25th anniversary of its flagship preflight software PitStop Pro. These updates, which include a range of bleed improvements, new preflight profiles, and a range of other enhancements, are expected to draw heightened interest from attendees working across the print sector.

Source: Enfocus

The preceding press release was provided by a company unaffiliated with Printing Impressions. The views expressed within do not directly reflect the thoughts or opinions of the staff of Printing Impressions.

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Enfocus to Showcase Automation Tools at PRINTING United - Printing Impressions

Relief organization automates humanitarian efforts for thousands of families across Ukraine saving hundreds of hours of manual processing each week

DNIPRO, Ukraine and New York, Oct. 4, 2022 /PRNewswire/ --At Imagine 2022, Automation Anywhere, Inc., the global leader in cloud-native intelligent automation, today announced a collaboration with the Center for Humanitarian Technology (CFHT), a nonprofit that provides technology and operations solutions to humanitarian organizations. Together, Automation Anywhere and CFHT are enabling a greater number of internally displaced people and refugees to receive humanitarian aid in Ukraine.

In collaboration, Automation Anywhere and CFHT created the 'Telegram for Humanity' Bot a customized software bot, or digital worker for Step with Hope ( ), a Ukrainian humanitarian organization that provides aid to more than 8,000 families each week in combat zones and recently released territories in southern Ukraine.

The 'Telegram for Humanity' bot is automating thousands of manual requests for aid with increased speed and accuracy, saving the organization nearly 200 hours of manual processing each week. This is expected to free up Step with Hope's 96 volunteers across 20 centers to increase their efforts of direct assistance for refugees, providing food, hygiene kits and access to psychologists, lawyers, and child welfare specialists to those in need.

"Members of our volunteer team are refugees themselves, and the ability to help other Ukrainians is our main priority," said Alla Semenchuk, Operations Director of CFHT. "It's critical and tremendously challenging work to find and manage the distribution of necessary resources for refugees and internally displaced people. The customized bot that Automation Anywhere and CFHT have built for Step with Hope is both refugee-friendly and volunteer-friendlyit makes application processing quick and transparent, saving human effort and strengthening the organization's structure."

As part of its Social Impact Program, Automation Anywhere's mission is to fuel the future of work by empowering nonprofits and uplifting human lives through automation technology.

"Technology is all about human enablement," said Neeti Shukla, Social Impact Officer and Co-Founder, Automation Anywhere. "In collaboration with CFHT, we are proud to support this humanitarian effort with life-saving technology that can make a difference to the millions of Ukrainians that have been displaced by conflict."

"CFHT and Automation Anywhere's collaboration to build a custom bot for Step with Hope has enabled us to provide humanitarian aid to a greater number of internally displaced people in Ukraine," said Inna Kampen, Director of Step with Hope. "Our volunteers and the families we serve are enduring the unthinkable. Having a responsive, user-friendly bot to interact with vulnerable families who are requesting help allows the volunteers to use more of their valuable time providing direct support, while spending less time processing and validating requests manually."

About Automation Anywhere

Automation Anywhere is the leading cloud automation platform, delivering automation and process intelligence solutions across all industries globally to automate end-to-end business processes for the fastest path to enterprise transformation. The company offers the world's only cloud-native platform combining RPA, artificial intelligence, machine learning, and analytics to automate repetitive tasks and build enterprise agility, freeing up humans to pivot to the next big idea and build deeper customer relationships that drive business growth. For additional information about our social impact endeavors, please visit https://www.automationanywhere.com/company/global-impact.

About the Center for Humanitarian Technology

The Center for Humanitarian Technology is a non-profit that harnesses the power of volunteer engineering, technology, and operations experts to optimize humanitarian organizations. CFHT develops, deploys, and operates information and communication technology to support scalable humanitarian emergency relief efforts. For more information about CFHT or to learn about becoming a partner or donor, please visitwww.cfht.org, contact CFHT at [emailprotected], or follow CFHT on LinkedIn, Twitter, Instagram, or Facebook.

Media Contacts:

Dayna FriedAutomation Anywhere[emailprotected] +1 925-493-9020

Jeannie ElliotCenter for Humanitarian Technology[emailprotected] +1 214-695-6930

Logo: https://mma.prnewswire.com/media/541440/Automation_Anywhere_Logo.jpg

SOURCE Automation Anywhere

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Automation Anywhere and the Center for Humanitarian Technology Launch 'Telegram for Humanity' Bot to Aid Refugees in Ukraine - PR Newswire

No less than four out of five companies have a vast potential for growth.

As omnichannel marketing automation enters its second decade, how mature is the market? A recently released study provides a European benchmark.

In Spring 2022, Agillic commissioned Forrester Consulting to survey 306 senior people in commercial leadership and marketing technology roles in European companies. These businesses had revenues ranging from $50M to $1B and customer databases, the majority of which had between 50,000 and 50,000,000 entries.

Across the board, faith in omnichannel and expectations of its benefits were detectably high. However, based on Forresters assessment in six key competencies, it emerged that there were three levels of maturity in the market. 80% of respondents were equally split between Beginner and Intermediate level, with only 20% qualifying as Leaders.

Although there was broad satisfaction that omnichannel was performing well, Leaders out-stripped Beginners and Intermediates with higher revenue growth and conversion rates in their omnichannel projects.

The study revealed that this sharp divide was not simply the result of technology - which can be a preoccupation amongst omnichannel newcomers - but, rather, effort. Leaders demonstrated how they took the time to become familiar with their customers and prioritised hiring colleagues who could not only master the tech but also deliver on a clear, customer focused strategy. A process that is neither quick nor easy.

Key findings

Agillics CEO Emre Grsoy commented:Forresters insights concur with our own belief that there is a direct correlation between omnichannel effort and business impact. And 80% of the market has a vast potential to grow provided it chooses an omnichannel vendor who can help them push towards the tipping point.

Based on the studys findings, we see that companies utilising omnichannel marketing automation to its maximum follow many of Agillics guiding principles:

You can read the full study here: https://agillic.com/forrester-study. Or, if you prefer, you can watch a replay of the Agillic webinar, featuring a keynote by guest speaker Rusty Warner, VP, Principal Analyst at Forrester, as well as a panel debate with inspiration and perspective from Agillic clients Matas and Global Blue.

For further information, please contactEmre Grsoy, CEO, Agillic A/S+45 3078 4200emre.gursoy@agillic.com

About Agillic A/SAgillic is a Danish software company offering brands a platform through which they can work with data-driven insights and content to create, automate and send personalised communication to millions. Agillic is headquartered in Copenhagen, Denmark, with sales and R&D teams in Germany, Norway, Romania, and Ukraine.

Agillic A/S Nasdaq First North Growth Market Copenhagen: AGILC

Masnedgade 22 Copenhagen Denmark

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New, in-depth study reveals the untapped potential of omnichannel marketing automation in Europe. - GlobeNewswire

Fortune Business Insights

Key companies covered in Robotic Grippers Market are OnRobot, DESTACO, Applied Robotics, Inc., Cellro B.V., Robotiq Inc., RobotWorx, Inc. LLC, Grabit Inc., SAS Automation, EMI Corp., Festo, KUKA Soft Robotics, TNKERS, ATI Industrial Automation, ABB, Weiss Robotics, Piab AB, JH Robotics, Bastian Solutions, SCHUNK GmbH & Co. KG

Pune, India, Oct. 06, 2022 (GLOBE NEWSWIRE) -- The global robotic grippers market size is set to expand rapidly due to the rising demand for high-quality and effective instruments in manufacturing industries. Its strong grip and material handling can enhance the market growth. Fortune Business Insights mentions this information in its report, titled, "Robotic Grippers Market, 2022-2029."

Robotic grippers are instruments that can hold, move, release, and tighten components in a manufacturing plant. It is extensively used to handle fragile materials in industries such as glass items, chemical containers, and others. They have excellent grip and enhance operational safety during processes. Robotic grippers can withstand harsh temperatures and provide excellent resistance to damages. They are extremely sustainable against wear and tear and maintain their grip even after multiple uses. The incorporation of the technology would enable companies to reduce time consumption, speed up their processes, enhance security, and achieve set goals. In addition, robotic grippers use advanced computerized systems and advanced technologies such as machine learning (ML) and artificial intelligence (AI) to enhance manufacturing processes. Therefore, this factor can enhance the market growth during the foreseeable period.

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Some of the Leading Companies Profiled in the Market:

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Impact of COVID-19

Declining Sales amid COVID-19 Pandemic to Negatively Affect Market Growth

This market is expected to be negatively affected during the COVID-19 pandemic due to the stringent government restrictions on manufacturing and production. Restrictions on transport activities have led to the lack of raw materials. Further, the closure of manufacturing facilities is set to lead to a steady decline in the sales of robotic grippers. However, the allocation of part-time shifts has slightly increased the demand for the product. Therefore, the market is expected to grow slowly until the end of the pandemic.

Browse Summary of this Research Report:

https://www.fortunebusinessinsights.com/robotic-gripper-market-104758

Report Scope & Segmentation:

Report Coverage

Details

Forecast Period

2022-2029

Base Year

2021

Historical Data

2018-2020

Region Covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa, and the Rest of the World

Segments Covered

By Type, By Application, By End-User Industry and By Geography

Robotic Grippers Industry Growth Drivers

Automation in Manufacturing Process to Stoke Market Growth

Prominent Companies to Launch Innovative Products to Enhance Market Positions

Heavy Investments in Production Activities to Propel Market Growth in Asia Pacific

Segments

By type, the market is segmented into servo-electric grippers, vacuum grippers, hydraulic grippers, and pneumatic grippers. Based on application, it is divided into inspection, general assembly, material handling, and others. As per the end-user industry, it is classified into healthcare, food & beverage, logistics, chemical & pharmaceutical, electronics & semiconductors, and automotive & transportation. Geographically, it is clubbed into Europe, North America, Latin America, Asia Pacific, and the Middle East & Africa.

Highlights of the Report

The report highlights the recent market trends and the top segments.

It conducts a comprehensive discussion regarding the impact of COVID-19 and the driving and restraining factors and the impact of COVID-19.

This report examines the strategies devised by the market's prominent players and the regional developments.

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Drivers and Restraints

Automation in Manufacturing Process to Stoke Market Growth

Manufacturers are incorporating advanced automated technologies in their production processes to enhance their operational efficiency and boost the quality of production. Automation reduces labor costs and enhances the speed of operations. The incorporation of robotic grippers enhances safety and prevents accidents in the workplace. It further enhances safety due to its ability to handle delicate goods, which, in turn, eliminates losses. The incorporation of advanced technologies such as machine learning, artificial intelligence, and smart sensors would enhance the accuracy and performance of robotic grippers. This factor is set to improve the manufacturer's ability to produce more goods in a shorter time, which, in turn, enables them to refine their annual revenue. Therefore, these factors can drive the robotic grippers market growth.

However, the high investment costs of robotic grippers can hamper the market growth in the upcoming years.

Regional Insights

Heavy Investments in Production Activities to Propel Market Growth in Asia Pacific

Asia Pacific is expected to dominate in terms of the robotic grippers market share during the upcoming years due to heavy investments in production techniques by manufacturers. This investment can enable them to enhance their production capacities. In addition, the increasing production activities in developed countries such as Korea, Japan, & China and developing countries such as Malaysia, India, and Indonesia can enhance the market growth.

In the Middle East & Africa, low labor costs and the presence of established companies can enhance the demand for robotic grippers. Moreover, increasing investments in production activities can propel market growth.

Competitive Landscape

Prominent Companies to Launch Innovative Products to Enhance Market Positions

Prominent companies operating in the market are announcing the launch of innovative products to enhance their market positions. For example, Festo announced the launch of adaptive gripper in January 2019. It has a silicone cap that can grip objects of all shapes and sizes. This announcement would enable the company to cater to the consumer's demand and enhance the product. Further, the adoption of partnership strategies can help companies to strengthen their resources and improve production techniques. This strategy can aid companies to enhance their business.

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Robotic Grippers Market Size, Share, Trends, and Forecast Report 2022-2029 | Automation in Manufacturing Process to Stoke Market Growth - Yahoo...

Choosing your long-term technology partner

Scaling your business with solutions designed to meet the demands of the marketplace, now and into the future, requires the right partner. Cox Automotive has a portfolio of unparalleled solutions across the industrys retail, wholesale, operations and mobility ecosystem, creating a space where buyers, sellers, lenders, OEMs, and emerging technology companies come together and add value and drive better business outcomes. Together, our brands provide a comprehensive set of products and services that simplify workflows, remove friction and enable the smart, connected experience dealers, lenders, OEMs, mobility providers and consumers expect.

With the most comprehensive set of retail solutions in the industry, only Cox Automotive puts you in the position to support any consumer, shopping any way, from anywhere. Autotrader, Kelley Blue Book, Dealer.com, VinSolutions, Dealertrack, and our new Esntial Commerce products work together to help you get more leads, close more deals, and earn higher profits now, and into the future.

Explore more automotive transformation topics at coxautoinc.com/transform.

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Automation and the Future of Automotive Retail - Automotive News

Teradyne companies Mobile Industrial Robots (MiR) and AutoGuide Mobile Robots have merged to become a single supplier of autonomous mobile robots (AMRs), one of the fastest growing segments in automation today. At the end of September, the integrated company officially became known as Mobile Industrial Robots (MiR), with long-time Teradyne executive Walter Vahey taking the helm as president. Headquarters will be in Odense, Denmark, where MiR has managed its global operations since its launch in 2013.

MiR develops and markets safe and collaborative mobile robots that can quickly, easily and cost-effectively manage internal logistics, freeing up employees to perform higher-value activities. Prior to the merge, MiR offered a broad range of AMRs capable of carrying payloads and pallets up to 3000 pounds (1350kg). By combining with AutoGuide, the portfolio will expand to include high payload AMR tuggers and forklifts that will operate on the MiRFleet software.

According to Vahey, who led Teradynes acquisition of MiR in 2018 and AutoGuide a year later, customers in the global market for internal logistics are asking for a full product line of AMRs spanning low, medium and high payload vehicles to automate material transport throughout the value chain. By joining forces, we will uniquely meet our customers need for automation of internal logistics, from a single supplier offering easy to deploy, reliable, scalable AMRs with common fleet management software, he said.

As part of Teradyne, these two companies have already been working together to develop a method for their AMRs to operate on the same fleet management software. This close collaboration accelerated the merger, Vahey added. Being one organization helps ensure we deliver a broad AMR product line operating on a common fleet software to our customers.

The new combined company employs 450 employees, including 250 engineers. MiR is already well-established in the AMR market with more than 7,000 AMRs sold in more than 60 countries. The AMRs can pick up, transport, and deliver pallets or other loads automatically and safely in even highly dynamic environments, which is why they constitute a safe and efficient alternative to traditional automated guided vehicles (AGVs), forklifts and pallet trucks.

The now merged company MiR has a global distribution network with more than 200 partners worldwide. In addition to its headquarters in Odense, Denmark, MiR has regional offices in Boston; Holbrook, New York; San Diego; Chelmsford, Massachusetts; Georgetown, Kentucky; Singapore; Frankfurt; Barcelona; Tokyo; Seoul, and Shanghai.

About Teradyne

Teradyne [globenewswire.com](NASDAQ:TER) brings high-quality innovations such as smart devices, life-saving medical equipment and data storage systems to market, faster. Its advanced test solutions for semiconductors, electronic systems, wireless devices and more ensure that products perform as they were designed. Its Industrial Automation offerings include collaborative and mobile robots that help manufacturers of all sizes improve productivity and lower costs. In 2021,Teradynehad revenue of$3.7 billionand today employs over 6,300 people worldwide. For more information, visitteradyne.com [globenewswire.com].Teradyneis a registered trademark ofTeradyne, Inc.in theU.S.and other countries.

AboutMobile Industrial Robots

MiR develops and manufactures one of the industrys most advanced range of autonomous mobile robots (AMRs), which can quickly, easily, and cost-effectively automate internal logistics and optimize material handling. MiR offers one of the most advanced fleets of mobile robots used by both large enterprises and small and medium customers in a range of industries from manufacturing to logistics to healthcare. Founded in Denmark 2013 MiR has grown to a global leader with nearly 220 distributors and certified system integrators in 60 countries. MiR was acquired by Teradyne in 2018 and in 2022 Teradyne combined AutoGuide Mobile Robots into MiR to deliver a broad AMR product line from low to heavy payload. MiRs headquarters is in Odense, Denmark, with regional offices in Holbrook, NY, San Diego, CA, North Reading, MA, Georgetown, KY, Singapore, Frankfurt, Barcelona, Tokyo, Seoul, and Shanghai. For more information, visitwww.mobile-industrial-robots.com

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Mobile Industrial Robots and AutoGuide Mobile Robots Merge to Simplify Automation of Customers' Internal Logistics with Full Portfolio of Safe,...