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'Stronger, faster' ABB cobots can aid SMEs By HE WEI in Shanghai | China Daily | Updated: 2021-03-02 09:10 Share CLOSE Visitors check out video games on ABB simulators during the third China International Import Expo in Shanghai in November. [Photo by ZHAI HUIYONG/FOR CHINA DAILY] Swiss industrial conglomerate ABB has unveiled two collaborative robots－cobots in short－in Shanghai. ABB said on Wednesday it is looking to tap into an expanded client portfolio and application scenarios in the age of accelerated automation. ABB debuted ...

By Syndicated Content By John Revill ZURICH (Reuters) - ABB unveiled two additions to its robot family on Wednesday which the Swiss engineering company expects will tap into increased demand for automated production after the COVID-19 crisis. More companies in pharmaceuticals, logistics, electronics and food and beverage manufacturing want to use robots, ABB said, with investment set to increase as companies emerge from lockdowns. ABB, which saw a 90% surge in robot sales in China at the end of 2020, hopes the GoFa and SWIFTI collaborative robots - or cobots - can win orders from ...

Share: Locus Robotics, which makes autonomous robots for use in fulfillment centers and warehouses, said Wednesday it has landed $150 million in Series E funding led by investment firm Tiger Global Management and IT investment firm Bond. The funding round brings to more than $260 million the amount that Wilmington, Massachusetts-based Locus has raised. Company executives say that Locus will ultimately go public but that a timetable for such an event has not been determined. Companies such as Locus are in a sweet spot as demand for warehouse technology has soared due to the surge in e-commerce...

In its latest report on the collaborative robot market, Interact Analysis has revised downwards the growth predictions made in our 2019 report. The main factor behind this downward revision is, of course, the COVID-19 pandemic, but there are other downward drivers, such as competition from small articulated and SCARA robots in industrial settings, and a slower than expected increase in cobot installations in non-industrial settings. Nevertheless, this report gives good grounds for optimism for the short to medium term in the collaborative robot sector.   V-shaped rebound and sustained growt...

Fetch Robotics Workforce issues and the need to automate plants for physical distancing has pushed the mobile robot market forward during 2020. Now it’s set to push further in 2021. Interact Analysis has released a report on the mobile robot market that forecasts revenue growth of 24% during 2020. This comes despite the global chaos due to COVID-19. Revenues for collaborative mobile robots are set to reach $2.4 billion in 2020, and they are expected to surge by a further 50% in 2021 as the impact of the pandemic leads to greater demand for mobile automation and the...