Artificial Intelligence
Global AGV (Automated Guided Vehicles) and AMR (Autonomous Mobile Robots) Market Forecast to 2026: Contains Analysis of More Than 500 Players
Dublin, Jan. 13, 2021 (GLOBE NEWSWIRE) — The “AGV (Automated Guided Vehicles) and AMR (Autonomous Mobile Robots) Market for Logistics, Manufacturing, Healthcare, Disinfection, Retail, Security, Agriculture, Hospital, Indoor and Outdoor Delivery, Cleaning, Tele-operation – Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering.
As per this latest market research study, AGV and AMR Market is expected to reach $13.2 Billion by 2026 with a growth rate of around ~35%. Both AGVs and AMRs collectively are going to cross the installed base of 1.5 Million in next 5 years to make the mobile robots a new normal in our day-to-day operational activities.
Mobile Robots (AGV and AMR Market) are enabling the optimization of space in warehouse facilities in logistics and manufacturing and can reduce the need for new and costly green field fulfillment and distribution centers.
While new centers are still being built, they are being built with robots and other automation in mind. Even these robotic systems are flexible and can be added or removed as per the requirement. But we are witnessing new applications of Autonomous Mobile Robots (AMR) and Automated Guided Vehicles (AGV) apart from logistics and manufacturing due to advancement in Artificial Intelligence (AI), Machine Vision, manipulation capabilities for automatic picking and placing, and robotic mechanics.
Study Coverage
This post-pandemic AGV and AMR business research is first and exclusive market study covering new emerging applications like Healthcare, Disinfection, Retail and Inventory Management, Security and Inspection, Agriculture, Hospital Assistance, Indoor and Outdoor Delivery, Cleaning, Tele-presence and Tele-operation, and Data Platforms & Remote Sensing apart from old revenue sources like Logistics and Manufacturing.
The market study contains analysis of more than 500 players, Key Navigation Technologies, Major Form factors & Functions, Targeted Industry Verticals and applications and 15+ geographical countries/regions. Analysis is validated through 50+ in-depth interviews across the value chain with components and technology providers, system integrators, robot manufacturers, and end-user industry verticals.
Apart from this, the study also focused on different components and integral parts of AGV/AMR like Motion Control, Batteries & Chargers, Cameras/Vision Sensor, LiDAR, Sensor Fusion, QR Code and Wireless Communication. Market size and forecast database is also available in excel format to analyse and strategize further. It is a best reference to analyse the market attractiveness, to identify the partner, customer or supplier, to check the competitive landscape, to benchmark the new technologies and to select the right geography & industry vertical for your products and services.
Voice and opinion of end-users have been taken as the key parameter for this market forecast.
Top Factors & Challenges
- Automation is the key focus in manufacturing and logistics sector as a part of Industry 4.0 and Supply Chain 4.0 initiatives for continuous growth and sustainability. Robotics is an important aspect of this automation.
- Growth in e-commerce is the main driver for AGV/AMR demand in warehouse automation. Global e-Commerce sales have grown at a CAGR of 20% over the last decade, reaching ~$3.5 trillion worldwide in 2019, and expected to grow to ~$7.5 trillion by 2026. The share of online retail sales has gone from ~2% of total to ~13%, and is further expected to reach ~22% by 2026.
- High personnel costs and wage rates are especially high in the developed countries. Annual costs for a forklift operator can run up to $50,000. If a forklift has to be operated around the clock, then at least 3-4 drivers are needed. Adding the invest costs of $10,000 for a forklift truck to the personnel costs, the annual costs for one forklift come to over $200,000.
- Artificial Intelligence and Deep learning are also at a tipping point and are already disrupting multiple industries and will definitely impact the way warehouses are operated currently. In 2017, RightHand Robotics unveiled a solution called RightPick that can pick items at a rate of 500 to 600 per hour, at par with a human worker. Machine learning and artificial intelligence will impact logistics automation well beyond machine vision’s benefits to picking technology, by greatly enhancing the flexibility and ease-of-use of a wide range of automated systems.
- RaaS and different leasing options are reducing upfront investment as end-users are not having enough CapEx for pilot runs to validate the RoI. Now there are the options like Pay Per Pick, Pay Per Mile, Pay Per Peak Day etc. to balance your OpEx and RaaS cost.
- Safety Challenge – The evolution of AGV/AMRs over the last 15 years has created a broad range of machines and markets. Everything from AGV/AMRs in the warehouse to the home. One of the key chasms in the world of AGV/AMRs is the safety requirement differences between “service” AGV/AMRs and “industrial” AGV/AMRs. While the intent is that no AGV/AMR harm a human, service robots operate in the realm of the human beings. Working environments for service robots might include operation in a grocery store, a retail store, a mall, a hospital, on the sidewalk or in the home.
AGV vs AMR
In our study, we have considered Automated Guided Vehicles (AGV) where movement is highly structured and monolithic in static environment with the help of magnetic strips or wires. If there is any obstacle in the path then it has to be removed to make AGV in motion again. Re-deployment of guided technology like magnetic strips or wires is required with an additional cost if there is a change in the facility like renovation, upgrade or change in location.
Opposite of AGV, Autonomous Mobile Robot (AMR) works in dynamic environment with autonomous navigation. It creates and saves the locations or map of the facility to find the alternative path if there is an obstacle in the defined route. Also, it requires minimum changes as there is any change related to facility as AMR can be just unboxed and put to work within one hour if it’s already mapped with the facility. It’s extremely flexible to deploy.
AGV and AMR Market Highlights
- Industry witnessed a good growth despite of pandemic and is supposed to registered ~$2.5B sales in 2020. Around 60,000 mobile robots (AGVs & AMRs) are expected to shipped in 2020.
- United States, Germany, U.K., China and Japan are going to lead the market with an annual demand of more than 200,000 mobile robots (AGV & AMR) by 2026
- China is supposed to be hub for Autonomous Mobile Robots, both in terms of demand and supply as It is expected that Made In China AMRs will be 30%-40% more economical due to labour cost advantages and huge volume consumption in China itself.
- AMRs are supposed to grow with a CAGR of ~45% between 2020 and 2026 and are going to be more attractive market as compared to AGVs by 2026 with relatively more shipment and TAM share.
- After QR code – LiDAR, Vision Cameras and Sensor Fusions are the key navigation technologies to be commercialized in this space due to flexibility, safety concerns and higher accuracy. Even Sensor Fusion AMRs are expected to grow with ~70% growth rate. There are dedicated companies (Autonomy Service Providers) for navigation technology and software who are supporting mobile robot manufacturers to build such capabilities with the help of AI and Machine Vision.
- Hospital and Retail are two emerging applications to target with ~50% growth apart from logistics and manufacturing.
Key Players Analyzed
- AGV & AMR: Geek+, Quicktron (Flashhold), ForwardX Robotics, GreyOrange, HikRobot (HikVision), Mobile Industrial Robots – MiR (Teradyne), inVia Robotics, River Systems – 6RS (Shopify), Fetch Robotics, JATEN, IAM Robotics, Locus Robotics, Vecna Robotics, Waypoint Robotics, Tompkins Robotics, Scallog, OTTO Motors (Clearpath Robotics), GIDEON Brothers, Magazino GmbH, NextShift Robotics, AutoGuide Mobile Robots (Teradyne), EiraTech Robotics, Aethon (ST Engineering), BLEUM, HAI Robotics, Bionic HIVE, Oppent, PAL Robotics, Matthews Automation Solutions (Matthews International), GUOZI Robotics, CAJA Robotics, Omron (Adept Technology), Guidance Automation (Matthews International), Syrius Robotics, MALU Innovation, Eurotec (Lowpad), DS Automation, Mitsubishi Logisnext Europe Oy (Rocla), NeoBotix, John Bean Technologies (JBT Corporation), Transbotics (Scott Group), CSG Huaxiao, EK Automation, OCEANEERING, Wellwit Robotics, Logistic-Jet, SEEGRID, BALYO
- System Integrators (SI): Daifuku, Dematic (KION Group), SSI-Schaefer, Vanderlande (Toyota Advanced Logistics), Swisslog (KUKA), Knapp, Murata Machinery Ltd., Elettric 80, Beumer Group, Witron Logistik + Informatik, TGW Logistics, Grenzebach GmbH, FIVES Group, Honeywell Intelligrated, Bastian Solutions (Toyota Advanced Logistics), Material Handling System (MHS), Jungheinrich AG, LODIGE Industries, ViaStore Systems, Interlake Macalux, Kardex, AutoStore, DMW&H, Westfalia, Dambach AG, PSB intralogistics GmbH, SIASUN Robot Automation Co., Ltd., SAVOYE, OPEX Corporation, System Logistics (Krones Group), GUDEL
- Autonomy Service Providers (ASP): Brain Corporation, Bluebotics, KOLLMORGEN, Autonomous Solutions, Inc. (ASI), MOVEL AI, MOV AI, FREEDOM ROBOTICS, ROBOMINDS, PERCEPTIN, ROMB Technologies, Machine Vision & Imaging, Basler AG, Keyence, Omron Microscan, Cognex
- Disinfection Robots: UVD Robotics, Sarcos Robotics, Techmetics Robotics, Wellwit, Geek+, Fybots, Sherpa, Akara, MiR, Sesto, LionsBot, SmartGuardUV, Milvus, Revotonix, YouiBot
- Retail & Inventory Management Robots: Bossa Nova Robotics, Simbe Robotics, Badger Technologies, Lowe’s – LoweBot (Powered by Fellow AI), Fetch Robotics, Brain Corporation
- Indoor Delivery Robots: Bear Robotics, Keenon Robotics, Savioke Inc., Rice Robotics, Pudu, PAL Robotics, Keenon, Savioke, Segway Robotics, Anscer, Aethon
- Security and Inspection Robots: Cobalt Robotics, Knightscope Robotics, OTSAW Digital, SMP Robotics, Enova, Secom, AgileX
- Tele-operated/Telepresence Robots: Diligent Robotics, Ohmni Labs, AVA Robotics, GoBe Robotics, Double Robotics, Temi Robotics
- Cleaning Robots: Softbank Robotics, Avidbots, Gaussian Robotics, LionsBot
- Hospital Support Robots: Revotonix L.L.C, Jetbrain, Aethon, MiR, MeanWhile, Keenon, Savioke, ABB, Diligent
- Agriculture Robots: Bogaerts, Harvest Automation, AIS, Katif, Naio Technologies, Robotnik
- Delivery Robots (Last Mile Delivery Robots): STARSHIP, NURO AI, Tele Retail, Kiwibot, Robby Technologies, Postmates, Eliport, Hello World Robotics, OTSAW, JD.com, Scout
- Battery & Chargers: LG Chem (LG Energy Solutions), Crown Equipment Corporation, East Penn Manufacturing, EnerSys, SBS, iN2Power, Wiferion, Inventus Power, Toshiba SCiB
- Motion Control: Advance Motion Control, Kollmorgen, Energid (Teradyne), Harmonic Drive System, Parker, Elmo Motion, CGI, Brother, Nidec, Allied Motion, SEW Eurodrive, Pilz, Nord
Major Questions Answered
- What are the major trends and drivers impacting AGV/AMR Market?
- What is the revenue outlook (TAM) and forecast till 2026 for AGV/AMR Market by top segments such as Navigation Technologies, Industry Verticals and Applications, Form Factor & Functions, and Countries?
- What are the key investments, partnerships and M&A in AGV/AMR space?
- How AMR market is expanding in other applications beyond logistics & manufacturing and is penetrating into existing AGV market space?
- What is the competitive landscape of AGV and AMR Market?
- What are the strategic imperative and calls to action that will define growth and success within AGV/AMR by 2026?
Key Topics Covered
1 Introduction
2 Executive Summary
3 Automated Guided Vehicle (AGV) Technology Types
4 AGV/AMR Business Model
5 Market Size of AGV/AMR by Form Factor (Units and USD Million) – Forecast to 2026
6 Market Size of AGV/AMR by Navigation Technology (Units and USD Million) – Forecast to 2026
7 Market Size of AGV/AMR by Function (Units and USD Million) – Forecast to 2026
8 Market Size of AGV /AMR by End-use Industry (Units and USD Million) – Forecast to 2026
9 Market Size of AGV/AMR by Geography (Units and USD Million) – Forecast to 2026
10 AGV/AMR Components & Functions
11 AGV/AMR Competitive Landscape
12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/ogy5h3
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Artificial Intelligence
TRON Forum collaborates with four major microcontroller manufacturers to hold TRON Programming Contest Using World-Standard Real-Time OS with 5 million JP YEN cash prize
TOKYO, March 29, 2024 /PRNewswire/ — TRON Forum (Chair: Ken Sakamura, Professor Emeritus of the University of Tokyo) is pleased to announce that four microcontroller manufacturers, Infineon Technologies Japan K.K. (President & CEO: Ikuya Kawasaki), STMicroelectronics K.K. (Country Manager for Japan: Koichiro Takakuwa), NXP Japan K.K. (President & CEO: Masayuki Wajima), and Renesas Electronics Corporation (President & CEO: Hidetoshi Shibata) have collaborated with the Forum to hold TRON Programming Contest from Monday, December 11, 2023 jointly. The initial registration is being accepted now.
This contest is for engineers and students in Japan and overseas to compete in various fields such as microcontroller applications, middleware, development environments, and tools using a member of TRON real-time OS (RTOS) family, “μT-Kernel 3.0” (*), which is a global standard of small-scale embedded computer systems.
(*) μT-Kernel 3.0 is an RTOS that fully complies with the real-time OS standard “IEEE 2050-2018” (IEEE Standard for a Real-Time Operating System (RTOS) for Small-Scale Embedded Systems) and runs on microcontrollers from various manufacturers.
Using the latest microcomputer boards provided by the manufacturers, contestants will compete in technologies that bring out the characteristics of RTOSs such as real-time performance, power saving, and small memory footprint, as well as development environments and tools that utilize new technologies.
The details of the contest with the total amount of cash prize, five million Japanese yen are at the following URL: https://www.tron.org/programming_contest/
About TRON Forum
TRON Forum was established in 2002 to promote TRON Project. We have been actively conducting activities centered on the T-Engine project, which prepares the development environment for embedded systems, and the operation of Ubiquitous ID Centers such as ucode.
In May 2015, Chair Sakamura received the ITU 150th Anniversary Award together with Bill Gates and others for his advocacy of open architecture TRON, which is the origin of ubiquitous networking and the IoT.
One member of the TRON RTOS family has been adopted as an international standard for real-time operating systems (RTOS) for small-scale embedded systems as 2050-2018 by Institute of Electrical and Electronics Engineers (IEEE), the world’s largest association of its kind and an international standardization organization. In 2023, the project leader, Chair Sakamura, received the IEEE Masaru Ibuka Consumer Technology Award from the IEEE in honor of the late Mr. Ibuka. In addition, the TRON RTOS family received the IEEE Milestone recognition in 2023.
URL: https://www.tron.org
View original content:https://www.prnewswire.co.uk/news-releases/tron-forum-collaborates-with-four-major-microcontroller-manufacturers-to-hold-tron-programming-contest-using-world-standard-real-time-os-with-5-million-jp-yen-cash-prize-302103284.html
Artificial Intelligence
XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform
CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.
XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
Logo – https://mma.prnewswire.com/media/632519/XtalPi_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/xtalpi-unveils-xtalgazer-a-comprehensive-ai-driven-polymorph-selection-platform-302102794.html
Artificial Intelligence
ICIS and Base Oil News Announce Partnership to Enhance Market Insights
LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.
With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
Logo: https://mma.prnewswire.com/media/619935/4277787/ICIS_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/icis-and-base-oil-news-announce-partnership-to-enhance-market-insights-302102782.html
-
Artificial Intelligence7 days ago
Smartkem Commences Project with RiTdisplay To Develop World’s First Commercially Ready Active-Matrix OLED Display Using OTFT Technology
-
Artificial Intelligence7 days ago
Hexaware Dominates Whitelane Research 2024 BeLux IT Sourcing Study: A Triumph in Continued CSAT Excellence
-
Artificial Intelligence6 days ago
World System Integrator Conference (WSIC) 2024 A Showcase of New Initiatives
-
Artificial Intelligence7 days ago
Wine of Moldova offers a glimpse of the future with its game-changing AI tool
-
Artificial Intelligence7 days ago
Disaster Preparedness Systems Market Projected to Reach $300.20 billion by 2030 – Exclusive Report by 360iResearch
-
Artificial Intelligence7 days ago
Decision Intelligence Market worth $50.1 billion by 2030 – Exclusive Report by MarketsandMarkets™
-
Artificial Intelligence7 days ago
YASH Technologies Partners with Baheya Foundation to Transform Cancer Care in Egypt
-
Artificial Intelligence4 days ago
My Clinic Receives Healthcare Tech-Contact Excellence Award from IST Networks & Genesys