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The money flow coincided with a massive surge in e-commerce orders and a shift toward smaller batch items (people ordering one pair of socks or a six-pack of baby formula).
These trends are sending manufacturers and brands on a frantic hunt for ways to bring down the costs associated with warehouse tasks sorting, picking, ordering and packaging as well as improve radically the efficiency of the entire operation.
The market shows no signs of slowing. The global warehouse robotics sector was valued at $3.5 billion in 2019 and is expected to reach $6.8 billion by 2025.
Smaller, cheaper, more mobile
Quantity and lucre aren t the only defining features of the industrial robotics age.
SLAM Technology Market Next Big Thing | Major Giants Aethon, Intel, KUKA
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Solving Our Global Challenges with the 2020 Silicon Valley Robotics Good Robot Industry Awards
OAKLAND, CA / ACCESSWIRE / December 14, 2020 / Silicon Valley Robotics, the world s largest cluster of innovation in robotics, announces the inaugural Good Robot Industry Awards, celebrating the robotics, automation, and Artificial Intelligence (AI) that will help us solve global challenges. These 52 companies and individuals have all contributed to innovation that will improve the quality of our lives, whether it s weed-free pesticide-free farming, like FarmWise or Iron-Ox; supporting health workers and the elderly manage health care treatment regimes, like Catalia Health or Multiply Labs; or reimagining the logistics industry so that the transfer of physical goods becomes as efficient as the transfer of information, like Cruise, Embark, Matternet, and Zipline.