Artificial Intelligence
Worldwide Robotics Industry to 2026 – Featuring Sony, Midea and Honda Motor Among Others
Dublin, April 21, 2021 (GLOBE NEWSWIRE) — The “Global Robotics Market, By Component (Hardware and Software), By Type (Articulated, Cartesian, SCARA, Cylindrical and Others), By End User (Healthcare, Media & Entertainment, Aerospace & Defence, Logistics, and Others), By Region, Competition, Forecast & Opportunities, 2016-2026” report has been added to ResearchAndMarkets.com’s offering.
The Global Robotics Market stood at USD49.94 billion in 2020 and is forecast to grow at a CAGR of over 4.91% by 2026 due to rising necessity for remote communications in various sectors. This can help different organizations in reducing travel expenses, providing faster services and uplifting collaborations which is expected to positively influence the Global Robotics Market in the forecast years.
The Global Robotics Market can be bifurcated into component, type, end-user and region. Based on component, the market can be segmented as software and hardware, where software segment is having a market share of 50.77% due to rise in automation and simulation systems. In terms of type, the market is segmented into articulated, cartesian, SCARA, cylindrical and others (spherical, delta, parallel, etc.) type of robots where the market share of articulated robots is 55.56% due to the ease of operating. The robotics market on the basis of end-user can be bifurcated into healthcare, media & entertainment, aerospace & defense, logistics, automotive and others (food & beverages, electronics, machinery, etc.). The healthcare sector is expected to grow the most with a market share of 32.18% which in turn expected to enhance the market growth over the forecast period. This growth is due to the surge of moving robotic systems for high accuracy and safety procedures in the sector.
Major players leading in the Global Robotics Market are Sony Corporation, Midea Group Co. Ltd., Honda Motor Co. Ltd, Siemens AG, DENSO Corporation, Rockwell Automation Inc., KION Group AG, Seiko Epson Corporation, Yamaha Motor Co. Ltd., ABB Ltd., etc. The market players are ceaselessly presenting items with high durability, performance, and less environmental impact to acquire customer attention.
The largest contributor to the Global Robotics Market is Asia-Pacific with 35.27% value share in 2020. China is the largest contributing country in the region with 42.73% shares in 2020, followed by South Korea, Japan and India. The addition of artificial intelligence and big data technologies with the introduction of Industry 4.0 is expected to increase the Global Robotics Market over the forecasted years.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
Objective of the Study:
- To analyze historical growth in market size of the Global Robotics Market from 2016 to 2020.
- To estimate and forecast the market size of the Global Robotics Market from 2021 to 2026 and growth rate until 2026.
- To classify and forecast the Global Robotics Market based on component, type, end-user, company and regional distribution.
- To analyze and forecast the market size, in terms of component which are hardware and software.
- To analyze and forecast the market size, in terms of type which are articulated, cartesian, SCARA, cylindrical, spherical, delta, parallel, etc.
- To analyze and forecast the market size, in terms off end-user which are healthcare, media & entertainment, aerospace & defense, logistics, automotive, food & beverages, electronics, machinery, etc.
- To categorize and forecast the Global Robotics Market by region such as Asia-Pacific, Europe, North America, South America and Middle East & Africa.
- To identify major drivers & challenges for the Global Robotics Market.
- To identify major trends in the Global Robotics Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Robotics Market.
- To conduct pricing analysis for the Global Robotics Market.
- To identify and analyze the profile of companies operating in the Global Robotics Market.
To analyze and forecast the Global Robotics Market top-down approach has been used. Multiple employees from the leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in the Global Robotics Market was also undertaken. Moreover, a detailed and in-depth scrutiny of information was done to understand each policy and external or internal factor which could increase or decrease the demand for Robotics, globally. To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future plans of major players were studied and projects which have commissioned in the country were identified.
Various secondary sources such as white papers and secondary literature on Robots, annual reports, investor presentation, International Monetary Fund and World Bank were also studied.
Key Target Audience:
- Robots manufacturers, distributors and other stakeholders
- Maintenance & repair companies
- Organizations, forums and alliances related to the Global Robotics Market
- Government bodies such as regulating authorities and policy makers
- Market research and consulting firms
The study is essential in delivering useful information to the industry stakeholders such as manufacturing companies, assembling companies, distributors and end-users related to the Global Robotics Market. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities in specific market segments and geographies.
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Robotics Market
4. Executive Summary
5. Voice of Customer
6. Global Robotics Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component (Hardware and Software)
6.2.2. By Type (Articulated, Cartesian, SCARA, Cylindrical and Others)
6.2.3. By End User (Healthcare, Media & Entertainment, Aerospace & Defence, Logistics, Automotive and Others)
6.2.4. By Region (Asia-Pacific, Europe, North America, South America and Middle East & Africa)
6.2.5. By Company
6.3. Product Map
7. Asia-Pacific Robotics Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Component (Hardware and Software)
7.2.2. By Type (Articulated, Cartesian, SCARA, Cylindrical and Others)
7.2.3. By End User (Healthcare, Media & Entertainment, Aerospace & Defence, Logistics, Automotive and Others)
7.2.4. By Country
7.3. Product Map
7.4. Asia-Pacific Robotics Market Country Analysis
7.4.1. China Robotics Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Component
7.4.1.2.2. By Type
7.4.1.2.3. By End User
7.4.2. South Korea Robotics Market Outlook
7.4.2.1. Market Size & Forecast
7.4.2.1.1. By Value
7.4.2.2. Market Share & Forecast
7.4.2.2.1. By Component
7.4.2.2.2. By Type
7.4.2.2.3. By End User
7.4.3. Japan Robotics Market Outlook
7.4.3.1. Market Size & Forecast
7.4.3.1.1. By Value
7.4.3.2. Market Share & Forecast
7.4.3.2.1. By Component
7.4.3.2.2. By Type
7.4.3.2.3. By End User
7.4.4. India Robotics Market Outlook
7.4.4.1. Market Size & Forecast
7.4.4.1.1. By Value
7.4.4.2. Market Share & Forecast
7.4.4.2.1. By Component
7.4.4.2.2. By Type
7.4.4.2.3. By End User
7.4.5. Australia Robotics Market Outlook
7.4.5.1. Market Size & Forecast
7.4.5.1.1. By Value
7.4.5.2. Market Share & Forecast
7.4.5.2.1. By Component
7.4.5.2.2. By Type
7.4.5.2.3. By End User
8. Europe Robotics Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Component (Hardware and Software)
8.2.2. By Type (Articulated, Cartesian, SCARA, Cylindrical and Others)
8.2.3. By End User (Healthcare, Media & Entertainment, Aerospace & Defence, Logistics, Automotive and Others)
8.2.4. By Country
8.3. Product Map
8.4. Europe Robotics Market Country Analysis
8.4.1. United Kingdom Robotics Market Outlook
8.4.1.1. Market Size & Forecast
8.4.1.1.1. By Value
8.4.1.2. Market Share & Forecast
8.4.1.2.1. By Component
8.4.1.2.2. By Type
8.4.1.2.3. By End User
8.4.2. Germany Robotics Market Outlook
8.4.2.1. Market Size & Forecast
8.4.2.1.1. By Value
8.4.2.2. Market Share & Forecast
8.4.2.2.1. By Component
8.4.2.2.2. By Type
8.4.2.2.3. By End User
8.4.3. France Robotics Market Outlook
8.4.3.1. Market Size & Forecast
8.4.3.1.1. By Value
8.4.3.2. Market Share & Forecast
8.4.3.2.1. By Component
8.4.3.2.2. By Type
8.4.3.2.3. By End User
8.4.4. Italy Robotics Market Outlook
8.4.4.1. Market Size & Forecast
8.4.4.1.1. By Value
8.4.4.2. Market Share & Forecast
8.4.4.2.1. By Component
8.4.4.2.2. By Type
8.4.4.2.3. By End User
8.4.5. Spain Robotics Market Outlook
8.4.5.1. Market Size & Forecast
8.4.5.1.1. By Value
8.4.5.2. Market Share & Forecast
8.4.5.2.1. By Component
8.4.5.2.2. By Type
8.4.5.2.3. By End User
9. North America Robotics Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Component (Hardware and Software)
9.2.2. By Type (Articulated, Cartesian, SCARA, Cylindrical and Others)
9.2.3. By End User (Healthcare, Media & Entertainment, Aerospace & Defence, Logistics, Automotive and Others)
9.2.4. By Country
9.3. Product Map
9.4. North America Robotics Market Country Analysis
9.4.1. United States Robotics Market Outlook
9.4.1.1. Market Size & Forecast
9.4.1.1.1. By Value
9.4.1.2. Market Share & Forecast
9.4.1.2.1. By Component
9.4.1.2.2. By Type
9.4.1.2.3. By End User
9.4.2. Canada Robotics Market Outlook
9.4.2.1. Market Size & Forecast
9.4.2.1.1. By Value
9.4.2.2. Market Share & Forecast
9.4.2.2.1. By Component
9.4.2.2.2. By Type
9.4.2.2.3. By End User
9.4.3. Mexico Robotics Market Outlook
9.4.3.1. Market Size & Forecast
9.4.3.1.1. By Value
9.4.3.2. Market Share & Forecast
9.4.3.2.1. By Component
9.4.3.2.2. By Type
9.4.3.2.3. By End User
10. South America Robotics Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Component (Hardware and Software)
10.2.2. By Type (Articulated, Cartesian, SCARA, Cylindrical and Others)
10.2.3. By End User (Healthcare, Media & Entertainment, Aerospace & Defence, Logistics, Automotive and Others)
10.2.4. By Country
10.3. Product Map
10.4. South America Robotics Market Country Analysis
10.4.1. Brazil Robotics Market Outlook
10.4.1.1. Market Size & Forecast
10.4.1.1.1. By Value
10.4.1.2. Market Share & Forecast
10.4.1.2.1. By Component
10.4.1.2.2. By Type
10.4.1.2.3. By End User
10.4.2. Argentina Robotics Market Outlook
10.4.2.1. Market Size & Forecast
10.4.2.1.1. By Value
10.4.2.2. Market Share & Forecast
10.4.2.2.1. By Component
10.4.2.2.2. By Type
10.4.2.2.3. By End User
10.4.3. Colombia Robotics Market Outlook
10.4.3.1. Market Size & Forecast
10.4.3.1.1. By Value
10.4.3.2. Market Share & Forecast
10.4.3.2.1. By Component
10.4.3.2.2. By Type
10.4.3.2.3. By End User
11. Middle East & Africa Robotics Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Component (Hardware and Software)
11.2.2. By Type (Articulated, Cartesian, SCARA, Cylindrical and Others)
11.2.3. By End User (Healthcare, Media & Entertainment, Aerospace & Defence, Logistics, Automotive and Others)
11.2.4. By Country
11.3. Product Map
11.4. Middle East & Africa Robotics Market Country Analysis
11.4.1. UAE Robotics Market Outlook
11.4.1.1. Market Size & Forecast
11.4.1.1.1. By Value
11.4.1.2. Market Share & Forecast
11.4.1.2.1. By Component
11.4.1.2.2. By Type
11.4.1.2.3. By End User
11.4.2. Saudi Arabia Robotics Market Outlook
11.4.2.1. Market Size & Forecast
11.4.2.1.1. By Value
11.4.2.2. Market Share & Forecast
11.4.2.2.1. By Component
11.4.2.2.2. By Type
11.4.2.2.3. By End User
11.4.3. South Africa Robotics Market Outlook
11.4.3.1. Market Size & Forecast
11.4.3.1.1. By Value
11.4.3.2. Market Share & Forecast
11.4.3.2.1. By Component
11.4.3.2.2. By Type
11.4.3.2.3. By End User
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. Sony Corporation
14.2. Midea Group Co. Ltd.
14.3. Honda Motor Co. Ltd
14.4. Siemens AG
14.5. DENSO Corporation
14.6. Rockwell Automation Inc.
14.7. KION Group AG
14.8. Seiko Epson Corporation
14.9. Yamaha Motor Co. Ltd.
14.10. ABB Ltd.
15. Strategic Recommendations
16. About the Publisher & Disclaimer
For more information about this report visit https://www.researchandmarkets.com/r/8vwwsg
Artificial Intelligence
Relu Secures FDA 510(k) and CE Marking for Revolutionary Dental Software Relu® Creator
LEUVEN, Belgium, Oct. 1, 2024 /PRNewswire/ — Relu, a pioneer in artificial intelligence (AI) assisted segmentation for dental labs and software companies, proudly announces the dual achievement of 510(k) clearance by the U.S. Food and Drug Administration (FDA) and CE Mark approval by an EU Notified Body. These regulatory milestones authorize the commercial distribution of the Relu® Creator, the cutting-edge dental tool that enables users to create 3D anatomical models from patients in just minutes.
FDA clearance signifies compliance with U.S. medical device standards, while the CE Mark confirms adherence to EU regulations for product safety and consumer protection. This dual recognition underscores Relu’s commitment to excellence in the oral health sector.
“We are thrilled to have attained both FDA and CE approval for the Relu® Creator,” stated Adriaan Van Gerven, CTO and Co-founder, of Relu. “These significant achievements are a testament to Relu’s dedication to creating superior technology that meets the highest international safety and quality standards. We’re poised to revolutionize patient and dentist experiences across both continents.”
“This approval paves the way for our advanced technology to enter US and EU dental markets with the highest potential for growth. Having led strategy in Dental, AI and Orthodontic sectors, I consider this achievement a key differentiator that sets Relu® Creator apart. This is a major step forward in Relu’s mission to modernize dental care,” said Bindu Saran, former Global Head of Orthodontic Technology at Straumann, former Sr. Manager of R&D at Ormco, and Board Member at Relu.
The Relu® Creator integrates cutting-edge AI to deliver features such as automated anatomical identification, and enhanced 3D imaging for dental diagnostics and treatment planning. By improving precision and increasing overall efficiency in dental procedures, Relu® Creator is set to be an essential tool for modern dental clinics.
About Relu
Relu is founded in 2019 with the dream of making dental treatments safer and faster. They plug in advanced computer vision and artificial intelligence to automate manual workflows. Their Relu® Engine and Relu® Creator are used by dental lab and software partners for more than thousands of orthodontic and implant treatments every day. Relu is headquartered in Leuven, BE with an office in Boston, MA, USA. Learn more at relu.eu.
© 2024 Relu
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Artificial Intelligence
Danish telecoms giant TDC NET chooses IFS Cloud to boost workforce efficiency and modernize infrastructure
LONDON, Oct. 1, 2024 /PRNewswire/ — IFS, the leading provider of enterprise cloud and Industrial AI software, today announced that TDC NET, Denmark’s largest provider of telecommunications infrastructure, has chosen to implement IFS Cloud to supercharge operational efficiencies across its business.
A longstanding IFS customer, TDC Net will use the IFS Cloud for Field Service Management to streamline its workforce management (WFM) processes, including field service operations. Implementing IFS Cloud will also allow the Danish telco company to consolidate its WFM systems into a single platform, eliminating process duplication and controlling costs.
IFS Cloud for Field Service Management including IFS Planning and Scheduling Optimization (IFS PSO) will allow TDC NET to assign the right technicians with the appropriate skills to the right jobs and dynamically schedule tasks based on real-time data such as technician availability, location, and traffic conditions. This enhanced efficiency is critical as TDC NET continues its mission to transition its nationwide network infrastructure from copper to fiber, implement IoT solutions, and adopt AI technologies – all in a sustainable way to reach the company’s net zero target in 2030.
Beyond workforce management IFS Cloud will enable TDC NET to consolidate its wider IT operations, removing legacy infrastructure and reducing the number of current systems across the business.
Carsten Rasmussen, Head of IT enablement in TDC Net, said: “As we work towards phasing out copper infrastructure and becoming a modern digital infrastructure provider, consolidating our IT systems is critical. Partnering with IFS and accessing IFS Cloud will give us the field service and resource management capabilities we need to simplify, automate, and build a sustainable architecture that meets the demands of the new digital age.”
Jesper Illum, Country Manager, Denmark, IFS, said: “TDC Net is not only Denmark’s largest provider of telecommunications infrastructure but also a forward-thinking company committed to transforming its operations with fiber and 5G technologies. IFS Cloud will help it scale its systems, increase automation, and improve customer deliveries.”
IFS partner, Infosys, will implement and roll out IFS Cloud and the associated services.
About TDC NET
TDC NET is a Danish telecommunications company focused on building, operating and maintaining telecommunications infrastructure in Denmark. It provides a wide range of services, including fiber broadband and the best 5G mobile network in Denmark. TDC NET plays a key role in digitalising Denmark by investing in and upgrading network infrastucture to ensure high-quality connectivity and access for both individuals and businesses. For more information, please visit tdcnet.com
About IFS
IFS is the world’s leading provider of Industrial AI and enterprise software for hardcore businesses that make, service, and power our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™ to enhance productivity, efficiency, and sustainability.IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers’ specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), Information Technology Service Management (ITSM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™.IFS was founded in 1983 by five university friends who pitched a tent outside our first customer’s site to ensure they would be available 24/7 and the needs of the customer would come first. Since then, IFS has grown into a global leader with over 6,500 employees in 80 countries. Driven by those foundational values of agility, customer-centricity, and trust, IFS is recognized worldwide for delivering value and supporting strategic transformations. We are the most recommended supplier in our sector. Visit ifs.com to learn why.
IFS Press Contacts:
Europe / MEA / APJ: Adam GillbeIFS, Director of Corporate & Executive CommunicationsEmail: [email protected] Phone: +44 7775 114 856
North America / LATAM: Mairi MorganIFS, Director of Corporate & Executive CommunicationsEmail: [email protected] Phone: +44 7918 607 299
This information was brought to you by Cision http://news.cision.com
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Artificial Intelligence
TraceLink Releases Amadeus, the First Generative AI Assistant for Accelerating the Digitalization of Supply Networks on the Opus Platform
Trained on a rich set of information from a unified content repository, Opus Orchestration Architects, Solution Designers, Network Administrators, and those simply interested in learning more about TraceLink’s solutions are empowered with information in seconds
BOSTON, Oct. 1, 2024 /PRNewswire/ — TraceLink, the largest end-to-end digital network platform for intelligent orchestration of the supply chain, today announced the launch of Amadeus, an AI Assistant to help users across the supply chain configure and optimize supply networks. Powered by advanced Large Language Model (LLM) algorithms, Amadeus allows users to find answers across a large volume of the TraceLink University educational content ecosystem, including developer resources, educational “how-to” materials, and technical documentation, delivering detailed, accurate responses tailored to their needs.
Whether navigating through extensive resources, searching for specific content, or exploring related topics, Amadeus provides intelligent answers drawn from a knowledge base refreshed on a daily basis. Its advanced search capabilities and context-aware assistance with source URL and citations ensure a smooth, reliable, current, and efficient content discovery process. With instant access to TraceLink University documents, educational whitepapers, case studies, and more, Amadeus delivers quick, within-seconds responses tailored to specific customer use cases, helping users solve complex business problems with confidence.
“With Amadeus, we are offering a powerful way for customers to engage with the wealth of knowledge within TraceLink University,” said Shabbir Dahod, President and CEO at TraceLink. “By integrating generative AI and LLMs with our extensive content library, Amadeus helps users to quickly find the information they need to optimize their supply chain operations. This is just the beginning of how TraceLink aims to harness AI to further transform supply chain management in the future.”
Amadeus’ AI functionality is further enriched by its robust safeguards. Built-in guardrails and alignment with OpenAI’s safety protocols verify that responses are relevant and accurate, eliminating AI hallucinations and keeping users on track. With these AI safety features built into Amadeus, users receive the most applicable and trusted answers, helping them make informed decisions in real-time. Looking forward, Amadeus will securely integrate content from customers’ own orchestration networks, thereby enabling a powerful AI-driven experience on top of end-to-end supply chain network intelligence to leverage predictions to drive business results.
Learn more about TraceLink’s Opus Magnum release, the only no-code network digitalization platform designed to democratize access to end-to-end supply chain integration and orchestration.
See Opus Magnum live at FutureLink Barcelona 2024, the only thought-leadership, education, and networking event for life sciences and healthcare leaders needing critical intelligence and better collaboration across supply chain relationships, from October 2-4, 2024. With keynotes headlined by the industry’s top thought leaders, a full day of TraceLink University educational sessions, three orchestration tracks led by customers and solution partners, and an immersive product and solution exhibition, this year’s FutureLink will focus on the end-to-end digitalization of your supply chain to link your enterprise systems and processes to the network. Register now.
About TraceLink:
TraceLink Inc. is the largest end-to-end intelligent supply chain platform for life sciences and healthcare, enabling end-to-end orchestration by connecting more than 291,000 healthcare and life sciences entities through its B2N Integrate-Once™ network. Leading businesses trust TraceLink to deliver complete global connectivity, visibility, and traceability of healthcare products, ensuring that every patient gets the medicines they need when needed, safely and securely.
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