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Robotic Process Automation Market to Reach US$ 26.5 Billion by 2033


Robotic Process Automation Market to Reach US$ 26.5 Billion by 2033

The global demand for robotic process automation market is expected to reach $3.2 billion by 2023. Forecasts anticipate that by the end of 2033, this sum will have risen to $26.5 billion in revenue.

The surge in investments in automation research and development, alongside the growing availability of technologies like RPA OCR tools and automated robots, is poised to solidify the demand for RPA services worldwide. As the forecast period concludes, sales of RPA monitoring tools tailored for cybersecurity, risk management, and compliance management are anticipated to experience a significant upswing.

The increasing digitization of daily life is expected to drive the demand for Robotic Process Automation (RPA) in the future. Integration of self-learning technologies like AI, machine vision, and ML across industries will further boost demand for intelligent process automation. The rise of virtual assistants, advanced chatbots, and adoption of automation technologies by businesses for productivity enhancement are key drivers. Additionally, adherence to industry 4.0 standards and AI adoption in retail will propel RPA software sales.

However, high initial investments and the need for skilled personnel may hinder RPA demand. Challenges such as a shortage of skilled professionals and complexities in implementing intelligent process automation technologies need addressing for sustained growth. Despite obstacles, investments in R&D and the availability of RPA OCR tools will solidify demand. Sales of RPA monitoring tools for cybersecurity and risk management are expected to witness substantial growth.

Market Drivers:

Several factors propel the growth of the Robotic Process Automation (RPA) market:

  1. Cost Efficiency: RPA technology streamlines repetitive and time-consuming tasks, leading to substantial cost savings for organizations. By automating these tasks, companies can reduce reliance on manual labor, enhancing operational efficiency and generating cost reductions.
  2. Enhanced Efficiency: RPA executes tasks faster and with greater accuracy than humans, boosting overall efficiency and productivity. This capability enables companies to expedite task completion, minimize errors, and increase throughput.
  3. Improved Customer Experience: RPA facilitates quicker and more precise responses to customer inquiries and requests, elevating the overall customer experience. Enhanced responsiveness contributes to heightened customer satisfaction and retention rates.
  4. Simplified Business Processes: RPA simplifies complex business processes by automating repetitive and manual tasks. This simplification streamlines operations, reduces errors, and enhances compliance adherence for businesses.
  5. Scalability: RPA solutions are easily scalable to accommodate organizations of all sizes, ranging from small businesses to large enterprises. This scalability makes RPA an appealing option for businesses seeking to automate their processes.
  6. Seamless Integration: RPA seamlessly integrates with other technologies such as artificial intelligence (AI) and machine learning (ML), further enhancing operational efficiency and productivity. This integration enables businesses to leverage advanced capabilities for improved outcomes.

Key Market Trends:

The RPA market has experienced remarkable growth in recent years, driven by widespread adoption of automation technologies across diverse industries. Organizations are increasingly turning to RPA to automate routine tasks, leading to heightened efficiency, accuracy, and productivity.

Intelligent automation has emerged as a prominent trend within the RPA market, fueled by advancements in artificial intelligence and machine learning. This approach combines RPA with AI and ML, empowering machines to learn from data and make intelligent decisions.

Cloud-based RPA solutions are gaining traction due to their flexibility, scalability, and cost-effectiveness. These solutions offer convenient access to data and analytics, empowering organizations to make well-informed decisions.

Hyper automation, which integrates various automation technologies including RPA, AI, ML, and cognitive tools, is witnessing widespread adoption. This comprehensive approach enables end-to-end automation of business processes, leading to enhanced efficiency, agility, and customer satisfaction.

The healthcare sector is swiftly embracing automation technologies like RPA to bolster operational efficiency, curb costs, and elevate patient care standards. RPA applications span areas such as claims processing, medical coding, and patient data management.

In the realm of customer experience enhancement, companies are leveraging RPA to automate customer support processes such as chatbots and virtual assistants. This adoption enables swift and efficient customer support, thereby enhancing overall customer satisfaction levels.

Competitive Landscape:

To solidify their market, share sustainably, leading companies are directing their efforts towards the expansion of novel automation technologies and services.

As an example, in September 2022, Newgen Software unveiled its latest integrated RPA solution. Additionally, the company has reinforced its automation processes to bolster its capabilities in automation and development.

Key Companies Profiled:

  • UiPath
  • Automation Anywhere Inc.
  • Redwood Software
  • NICE
  • Blue Prism
  • Pegasystems
  • Kofax
  • NTT Advanced Technology Corporation
  • Genpact Ltd.
  • WorkFusion
  • EdgeVerve
  • IPsoft Inc.

HWArobotics Introduces its Reliable, Customizable Shuttle Systems at MODEX 2024

HWArobotics made a significant impact at MODEX 2024 in Atlanta by introducing its cutting-edge shuttle systems, now available to companies across North America. With two decades of experience in the field, HWArobotics showcased its high-quality, reliable, and efficient automated storage and retrieval systems (ASRS) technology, aiming to expand its presence in the region and forge new partnerships.

The company presented a comprehensive range of ASRS technology, including tote shuttles and pallet shuttles, along with associated cargo lifts, racking, and control software. These systems are designed to optimize logistics and supply chain management operations, boasting system availability of over 99% and delivering high throughput for various industry sectors.

At Booth C3885, attendees had the opportunity to explore HWArobotics’ products, which utilize high-performance components from European suppliers like Siemens, Voestalpine, and Hilti. The showcased SLS300, SLS400, and SLS600 series tote shuttles, along with the FPSS1500 pallet shuttle, exemplify the company’s commitment to durability, efficiency, and versatility.

The SLS300 series standard tote shuttle storage system offers high efficiency and continuous operation for up to 24 hours, achieving speeds of up to 4 m/s and handling up to 120 boxes per hour. The SLS400 series variable tote shuttle system provides compatibility and flexibility, allowing for the mix and storage of containers of different sizes.

Additionally, the SLS600 3D tote shuttle system caters to low-traffic, high-efficiency environments, offering excellent warehouse sharing capabilities and easily adjustable system capacity. The FPSS1500 series pallet shuttle system, designed for warehouses and distribution centers, enhances operational efficiency with its advanced four-directional movement and AI scheduling algorithms.

HWArobotics’ General Manager, Sky Chen, expressed pride in the company’s 20 years of experience as a pioneer in shuttle robot systems, highlighting its commitment to exceptional customer service and technological innovation. The recent deployment of HWArobotics shuttle systems by Darwynn underscores the effectiveness of their technology in automating and optimizing logistics and storage processes.

With a strong global customer base, including prominent names like Bosch UAES, Hisense Hitachi, SONY, and, HWArobotics aims to enhance the competitiveness of North American businesses by offering intelligent warehouse and manufacturing plant upgrading solutions. Their advanced shuttle systems represent a significant leap forward in the field of warehousing and logistics automation.


GreyOrange Showcases Cutting-Edge Robotics Integration at MODEX 2024

GreyOrange, a leader in AI-driven fulfillment automation, is unveiling its innovative robotics integration at MODEX 2024 in Atlanta. The company’s vendor-agnostic GreyMatter fulfillment orchestration platform is at the forefront of seamless warehouse automation, as demonstrated through live demos with partner companies in Booth #C5692.

Akash Gupta, Co-Founder and CEO of GreyOrange, highlights the company’s commitment to advancing the industry by partnering with reputable hardware vendors in its Certified Ranger Network. These partnerships, including Hai Robotics, Quicktron, Youibot, Wellwit Robotics, Mushiny, Tompkins Robotics, and Cypher Robotics, enable seamless integration of various robot types and functions with GreyMatter, offering customers tailored end-to-end warehousing solutions.

GreyOrange’s demonstrations at MODEX feature Certified Ranger Network bots showcasing “results-driven robotics” within automated warehouses. Attendees will experience firsthand how GreyMatter efficiently coordinates multiple process flows and hardware agents, enhancing productivity and scalability across distribution centers.

The flexibility of GreyMatter’s hardware agnostic capabilities allows end users to select from a range of hardware service providers for tasks such as Goods-to-Person (GTP) and autonomous mobile robot (AMR) functions. This flexibility drives results by optimizing the utilization of multiple agents, including robots and humans, to increase efficiency in material flows.

MODEX attendees can visit Booth #C5692 to engage with GreyOrange leaders during live demonstrations and experience a virtual reality (VR) tour of customer sites and cutting-edge automation. Interested parties can also schedule a meeting with a GreyOrange subject matter expert to witness multiagent orchestration firsthand.

MODEX 2024 presents an opportunity for 3PL providers, retailers, and industrial end users to explore GreyOrange’s innovative automation solutions and witness the seamless integration of robotics within warehouse environments.


HWArobotics Revolutionizes Canadian E-commerce Logistics with Cutting-edge ASRS Technology

HWArobotics, a pioneer in shuttle ASRS technology, is making waves in North America with its groundbreaking solutions. Recently, the company partnered with Canadian e-commerce logistics leader, Darwynn, to implement advanced robotic automated storage and retrieval systems (Shuttle ASRS) at its Toronto facility. This collaboration represents a significant advancement in the North American warehouse automation landscape.

Darwynn, known for its commitment to utilizing state-of-the-art warehousing solutions, sought to optimize its order fulfillment operations and enhance sustainability. With HWArobotics’ Shuttle ASRS technology, comprising a multi-level shuttle system featuring 24 carts, 10,368 storage locations, and 6 goods lifts, Darwynn aimed to meet the demands of its expanding business while improving efficiency, safety, and environmental impact.

The implementation of HWArobotics’ technology has delivered immediate and long-term benefits for Darwynn and its customers. With the capacity to handle 20,000 individual SKUs and achieve a throughput of 2,400 bins/hour, the Shuttle ASRS system has significantly optimized inventory management, increased operational efficiency, and expanded storage capacity. Additionally, the integration of picking stations and WCS systems has enhanced warehouse space utilization and reduced overall business costs.

Moreover, HWArobotics’ solution ensures reliability, ease of maintenance, and lower error rates, contributing to a seamless fulfillment experience for Darwynn’s clients. The system’s adaptability and scalability further future-proof Darwynn’s operations, enabling it to meet evolving demands and sustain growth.

Sky Chen, General Manager of HWArobotics, expressed satisfaction with the project’s success and emphasized the potential for further expansion and partnership with Darwynn. With a dedicated team in North America, HWArobotics aims to continue its growth trajectory in the region, leveraging its extensive industry experience and innovative ASRS solutions.

Furthermore, HWArobotics’ success extends beyond North America, with a diverse portfolio of global deployments spanning industries such as retail, automotive, and consumer co-operatives. The company’s commitment to excellence and innovation has earned it recognition as a finalist for the prestigious IFOY Award 2024, highlighting its contributions to the evolving logistics landscape.

As HWArobotics continues to drive advancements in ASRS technology, its partnership with Darwynn serves as a testament to the transformative impact of innovative warehousing solutions in the e-commerce sector.


Movu Robotics Transforms Kris De Leeneer’s Logistics Operations with Innovative Automation Solution

In a groundbreaking collaboration, Movu Robotics has implemented its cutting-edge atlas pallet shuttle system at Kris De Leeneer’s (KDL) state-of-the-art Distribution Centre (DC) in Lokeren, Belgium.

This collaboration marks a significant milestone as the first Movu atlas system tailored for the third-party logistics (3PL) market. The innovative automated storage and retrieval system (AS/RS) provides KDL with approximately 45,000 storage locations and the capability to handle up to 11,000 pallet movements per week, offering unparalleled flexibility and scalability.

Founded in 2001, KDL has positioned itself as a leading logistics service provider, dedicated to enhancing supply chain management for its clients. The Movu atlas shuttle system, integral to KDL’s new 10,000 square meter DC, plays a pivotal role in achieving KDL’s vision of “better, bigger, and easier.” Located in Lokeren and adjacent to the highway, the DC optimizes vertical storage to minimize its footprint, embodying KDL’s commitment to sustainability.

The Movu atlas system, installed in the summer of 2022, boasts a 28-meter-high rack with ten levels, covering a footprint of 60 x 100 meters. The system utilizes 20 Movu atlas pallet shuttles to transport pallets within the rack’s storage lanes. Movu’s Warehouse Execution System (WES) software efficiently manages shuttle traffic, seamlessly integrating with KDL’s Warehouse Management System (WMS).

Kris De Leeneer, CEO of KDL, emphasized the unique advantages of the Movu atlas system, stating, “Movu’s atlas is an efficient and scalable automated warehousing solution that can adapt to our requirements due to its modularity and the ability to add shuttles as required.”

The collaboration between Movu Robotics and KDL extends beyond the atlas system, encompassing integrated in/outbound zones, advanced conveyors, and turntables. The result is a streamlined flow of goods from storage to the dispatch area, featuring ten loading docks.

One of the key strengths of the Movu atlas system is its inherent flexibility. KDL benefits from the ability to easily increase pallet throughput by adding more shuttles, ensuring adaptability to changing business levels and customer demands. The modular rack design allows for future expansion, providing a future-proof solution for KDL’s evolving needs.

Stefan Pieters, CEO of Movu Robotics, expressed the significance of the project, stating, “This project is a great demonstration of bringing easier automation to all warehouses. The atlas shuttle system offers a flexible, scalable, modular approach to automation.”

The success of this collaboration exemplifies the seamless integration of innovative technology into logistics operations, showcasing the potential for automated solutions to enhance efficiency, throughput, and adaptability in warehouse environments.


Demand for Food Robotics Solutions is projected to reach a market value of US$ 7.8 billion by 2033

According to a recently published research report by Fact.MR, a leading provider of market research and competitive intelligence, the Global Food Robotics Market is anticipated to reach a valuation of US$ 2.47 billion in 2023. The research further forecasts a Compound Annual Growth Rate (CAGR) of 12% for the demand of food robotics worldwide between the years 2023 and 2033.

The realm of food robotics encompasses the utilization of robots and automated solutions to enhance various facets of food production, processing, packaging, and distribution. This approach yields several advantages, including heightened efficiency, diminished labor costs, enhanced food safety measures, and the ability to satisfy the escalating consumer demands for consistently high-quality food products.

Key Segments of Food Robotics Industry Research Report

Food robotic systems find diverse applications in food manufacturing, processing, quality control, and the realm of robotic food delivery. The increasing demand for these systems is attributed to challenges like labor shortages and the imperative to adopt more sustainable food production practices while rigorously adhering to stringent food safety requirements.

Key Takeaways from Market Study

·         The global market for food robotics is estimated at a valuation of $2.47 billion in 2023.

·         Food robotics sales are expected to rise at 12% CAGR between 2023 and 2033.

·         The global market is projected to reach US$ 7.8 billion by the end of 2033.

·         Asia Pacific and Europe together accounted for 58% share of worldwide revenue from low payload food robotics.

·         Significant growth rates are predicted for the market in Asia Pacific, Latin America, the Middle East, and Africa during the forecast period (2023 to 2033).

“Food robots tackle important challenges and possibilities in the food and beverage industry by providing automation solutions that improve efficiency, safety, quality, and sustainability. They help food manufacturers respond to changing consumer expectations and market dynamics while maintaining regulatory compliance and managing labor-related constraints,” says a Fact.MR analyst.

Food Robotics Driving Much-Needed Digitization in Food Industry

Growing adoption of digitization in the food industry is significantly driving the sales of food robotic solutions. Food robotic systems are becoming key components of smart production environments as the industry undergoes digital transformation. They allow for the seamless integration of sophisticated technologies such as IoT, data analytics, and automation, assisting food manufacturers in optimizing processes, improving product quality, and increasing overall efficiency.

Food robots can easily carry out the customization and personalization of food products made available by digitization. Incorporation of AI and machine learning in digitized food production contexts has helped improve the working capacity of these robots.

Rising Preference for Packaged Food

Demand for packaged food has been on the rise due to continuously changing lifestyles, urbanization, and dietary preferences. More people are opting for easy and tasty ready-to-eat meals, snacks, and processed foods. This has increased the demand for packaged food, which places additional pressure on food manufacturers to meet production quotas efficiently and consistently.

Food robotic systems can automate a variety of packaging operations, including filling, sealing, labeling, and quality control, guaranteeing that packaged food products are produced in large quantities and with precision. Food robotic systems help minimize human touch and lower the risk of contamination during the packaging process and can improve the shelf-life and freshness of packaged foods.

Competitive Landscape

The expanding adoption of robotics in food processing and production is propelling market growth. The increasing number of significant market players is influencing competitiveness, as suppliers invest in research and development to devise innovative solutions catering to industry needs.

The realm of food robotics comprises a blend of entrenched competitors, innovative startups, and global companies specializing in automation and robotics. Distinctive features of the food robotics market include continual technological advancements, tailoring solutions to align with the food sector’s requirements, and a strong focus on food safety, quality, and efficiency. With the escalating demand for automation in the food sector, competition among these entities is expected to intensify, driving further innovation and industry expansion.

Recent Developments:

·         In February 2022, Mitsubishi Electric Corporation introduced a teaching-less robot system technology primarily designed for food-processing facilities. These robots conduct organizational, sorting, and similar operations at human-like speed without requiring constant supervision.

·         In April 2021, Rockwell Automation Inc. established a partnership with Comau, aiming to streamline processing and lifecycle management in the food and beverages industry.

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the food robotics market for 2018 to 2022 and forecast statistics for 2023 to 2033.

The study divulges essential insights into the market based on type (articulated, cartesian, scara, parallel, cylindrical, collaborative, others), application (palletizing, packaging, repackaging, pick & place, processing), payload (low, medium, heavy), and end use (beverages, meat, poultry, seafood, dairy, bakery, fruits, vegetables, confectionery, others), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).


Synergy Logistics Triumphs with SnapControl: Industry 4.0 Breakthrough Wins Robotics & Automation Award 2023

In the inaugural Robotics & Automation Awards 2023, Synergy Logistics clinched the prestigious Industry 4.0 category for its revolutionary multi-agent orchestration software, SnapControl. This platform seamlessly coordinates all automation devices and robotic systems in warehouses, offering not just operational efficiency but a comprehensive data overview. This real-time data facilitates tangible labor savings and informed asset management decisions.

Outshining competitors, including Coca Cola HBC, SnapControl earned the spotlight for its ability to swiftly integrate automation into warehouses without prolonged software disruptions—achieving in weeks what traditionally took years. The Robotics & Automation Award spokesperson highlighted the groundbreaking nature of Synergy’s entry, stating, “We voted for Synergy because SnapControl enables rapid automation adoption without major software upheavals.”

Collaborating with a rapidly expanding U.S. online retailer, Synergy demonstrated SnapControl’s transformative capabilities in a new 300,000 sq.ft warehouse equipped with automated mobile robots (AMRs), carton right-sizing equipment, and automated packaging systems. SnapControl accurately assessed manual versus automated pick tasks, leading to a sixfold increase in productivity and a remarkable return on investment (ROI) of over half a million dollars. The company now realizes weekly savings of over $40,000, with an impressive investment payback period of just 23 weeks.

Tony Dobson, Synergy Logistics CEO, expressed delight at SnapControl’s recognition, emphasizing its role as a pivotal tool in warehouse automation. He noted that SnapControl’s unique interpretation of bi-directional communication between machines and advanced Warehouse Management Systems (WMS) facilitates efficient and accurate decision-making—a crucial element in the second wave of automation endorsed by industry analysts.

vector artificial intelligence robotics market refurbished AI

Reimagining Warehouse Robotics: From Silicon Valley to Assembly Lines

Advancing technologies have increased efficiency in numerous industries. Companies are thankful for robotics and how they’ve changed best practices for running a warehouse. What once was a limited technology has become a staple for warehouses worldwide. 

Warehouse robots can make life easier for human workers and help them be as efficient as possible. Here’s how warehouse robotics has evolved and what the future holds.

How Has Warehouse Robotics Changed Over Time?

Warehouse robotics has dramatically evolved since its mid-20th-century beginnings. The changing technology has made warehouses safer and more efficient. Here are three ways warehouse robotics has changed to benefit companies worldwide.

Starting the Evolution

Understanding modern warehouse robotics starts with the first innovations. Using robotics in manufacturing and logistics on a wide scale began in 1961 in Ewing Township, New Jersey. General Motors (GM) began using a robotic arm from George Devol, the man who built the first programmable industrial robot. GM paid about $18,000 for the robot and changed the automotive industry. 

Devol’s industrial robot may seem primitive in the 21st century, but the machine was crucial in the history of warehouse robotics. The robot, Unimate, transferred die castings onto the car’s body. Unimate improved the safety of GM plants because assembly line workers could harm themselves with toxic fumes from the die-casting transferral. Devol’s Unimate sparked a robotic evolution across auto manufacturing and other industries.

Adding Sensor Technology

Sensors play a significant role in warehouse robotics, letting machines understand their surroundings and act accordingly. Employing sensors gives robots human-like abilities while still keeping their machine identity. Sensor technology is still evolving, as seen in the automotive industry. Sensors help fleet managers make their company safer, considering humans cause most car accidents in the United States. With sensors, autonomous vehicles are a closer reality.

In warehouse robotics, sensor technology has become crucial for similar reasons. Robotics use sensors to navigate the warehouse floor autonomously and perform tasks. Among the most critical advances in this sector has been light detection and ranging (LiDAR). LiDAR technology is essential for robots to create a 3D map and avoid bumping into obstacles. Additionally, they can optimize their routes within the warehouse to remain efficient.

Improved Durability

Increased reliance on robots means these systems must have maximum reliability and durability. Downtime significantly impacts efficiency despite implementing robots to improve it. Research shows downtime costs manufacturers about $260,000 per hour and the auto industry about $50,000 per minute. Fortifying warehouse robots to strengthen them has been crucial for their staying power in the 21st century. 

Developers have strengthened warehouse robotics by improving their bodies and frames. Metal has proved effective due to its safety, durability and efficiency. Manufacturers have found metal castings to be formidable solutions, with about 90% of all manufactured goods containing them. 

How Will Warehouse Robotics Grow in the Future?

The future of warehouse robotics is bright, with a growing market this decade. Facts and Factors research shows the robot as a service (RaaS) global market will grow by 16.5% annually, leading to a $44 billion market by 2028. These four innovations will drive the industry’s growth in the coming years. 

Interconnecting the Warehouse

In its infancy, warehouse robotics may work with small sections of the facility. While effective, this limitation can inhibit warehouse employees and their ability to connect with other departments in the building. However, the future of warehouse robotics is bright with evolving technology in connecting machines across large spaces. 

Evolving guidance systems will let robots work in every section of the warehouse and increase efficiency. While a fully robot-operated warehouse may be unlikely, robot adoption will increase with e-commerce demand. The European Business Review says the world should see about 50,000 robotic warehouses by 2025, emphasizing how widespread this advanced technology has become. 

Expanding Autonomous Mobile Robots

Autonomous mobile robots (AMR) are growing a stronger foothold in warehouses because they build upon automated guided vehicles (AGV). The key difference is that AMRs are even more intelligent with their programming. Warehouses can employ AMRs and let them navigate the floor by themselves. Employees don’t have to train them in navigation, saving time and improving efficiency in the warehouse. 

AMR’s evolution has let their responsibility grow in the warehouse. Modern AMRs excel in picking and packing, reducing the burden on human laborers and heightening accuracy in order fulfillment. Even careful human workers might not match the accuracy of AMRs in this task. Many warehouses also employ AMRs in receiving and storage optimization, assisting the company in making the most of its current space. 

More warehouses will adopt AMRs this decade to work alongside their human workers. Evolving technology and increased competition will make it more affordable for smaller businesses and startups. The advantages of AMRs are hard to pass up, considering how they boost safety and productivity.

Wielding Robots for Last-Mile Delivery

Last-mile delivery is the last step, albeit a crucial one, to ensure client satisfaction with their purchase. Humans have executed last-mile deliveries since the beginning of package deliveries, but robotics will soon play a more significant role in this step. Some companies have already tested last-mile delivery robots for bringing food and small items to the end user’s doorstep. 

For example, Kiwibot has machines delivering food on the University of California, Berkeley campus. 

While last-mile delivery robots have existed for a few years, logistics professionals should expect this service to expand worldwide in large cities. The next step for last-mile technology is to make these robots more efficient. TeleRetail, a Swiss company, has developed the Pulse 1 robot to reduce emissions and energy consumption. The Range+, a newer, solar-powered robot, embodies the shift to renewable energy in robotics. 

Cutting emissions is a focal point for warehouses and e-commerce as a whole. Packaging, transportation and building energy consumption combine for a detrimental environmental impact, so increasing robotic efficiency is necessary.

Employing More Drones

Expanding robotics in and out of the warehouse will rely on drones. Crewless aircraft has evolved sharply in the last few decades and will only improve with its technology. Warehouses can employ drones for multiple purposes, such as inventory management, inspection and monitoring. Modern drones have cameras and sensors powerful enough to give warehouse managers a real-time look at their stock. 

Drones will open the door to expanding warehousing and shipping this decade. With drone technology, shipping companies can easily reach rural areas without using boats or crewed aircraft. Additionally, drones will reduce shipping times and increase customer satisfaction when they can receive their orders in a few hours rather than a few days. Companies like Amazon are heavily investing in this technology.

Taking Modern Warehousing to a New Level

Efficient warehouses are a must, considering today’s e-commerce demand. Shareholders demand well-oiled machines no matter what the company ships worldwide. 

With robots, warehouses have increased productivity and reduced downtime thanks to speedier processes. The future of warehouse robotics is bright, with evolving technology pushing warehouses forward. 


logistics robot supply

How AMRs Are Fulfilling the Potential of Automation in Modern Supply Chains

Supply chains have been slow and disruption-prone in the COVID-19 era, largely because of operational deficiencies and a lack of skilled labor. 

Automated mobile robots (AMRs) can address both challenges by replacing outdated technologies and giving the workforce a boost of artificial manpower.

Here are some ways that AMRs are fulfilling the potential of automation and getting modern supply chains back on track.

How Do AMRs Function?

An AMR is a type of robot that can perform tasks without human guidance. It’s the next step in the evolution of autonomous robots, coming after the autonomous guided vehicle (AGV) that could only do certain predetermined tasks under close supervision. While AGVs are still useful for transporting materials and working alongside human employees, AMRs bring more value.

AMRs use a variety of sensory technologies including cameras, magnetic tapes and lasers to process their environments, which isn’t a new concept. AMRs are so special because of their artificial intelligence and machine learning software. When a sensor identifies an unexpected obstacle, the built-in software can immediately reroute the robot and continue its assigned task.

What Are the Different Types of AMRs?

AMRs fall into three broad categories based on their functions — transportation, order picking and sortation. The main AMRs for transportation are self-driving versions of traditional vehicles — namely self-driving trucks that can reduce congestion and fuel consumption on busy supply routes. Self-driving forklifts and pallet jacks are other common examples.

The main AMR devices for picking orders are industrial robotic arms, which fill the positions of assembly line workers in warehouses or manufacturing plants. There are numerous types of robotic arms that play key roles in supply chain automation, including multipurpose six-axis robots and collaborative robots that are designed to work alongside humans.

High-speed tilt tray robots are the primary AMRs that warehouses use for sortation. They include a simple reclining tray and barcode reader to classify products into their appropriate incoming or outgoing lines, but the AI software works at a much faster and more efficient rate than human sorters.

Benefits of Using AMRs

AMRs are admittedly challenging to adopt because of their deployment and reconfiguration costs compared to AGVs. Feeding an autonomous robot new information and keeping it in good condition is hard work. However, the long-term benefits far outweigh the costs. Here are the biggest reasons why supply chain professionals should invest in AMRs.

Compensates for Lost Labor

The most immediate benefit of using AMRs is the compensation for lost labor. Wholesale trade and manufacturing were among the hardest hit industries by the Great Resignation that took place from 2020 to 2022. These sectors have more than one million combined job openings in the U.S. as of March 2023. 

Rather than attempting to hire more employees, companies can fill those empty roles with AMRs instead. AMRs are the ideal devices for the mundane and repetitive tasks that make up a majority of supply chain processes. Robots can move, pick and sort the entire inventory while humans continue to occupy more people-oriented departments.

Greater Supply Chain Efficiency

Outsourcing monotonous tasks to AMRs leads to greater efficiency at every step in the supply chain. They remove human limitations from the equation, leading to fewer errors and allowing operations to run 24/7. Managers no longer need to account for independent variables such as an employee’s health or mood on any given day.

Fleets of self-driving trucks can transport goods with better driving techniques and thus fewer delays. Self-driving forklifts, pallet jacks and other warehouse devices can move items to their assigned destinations with pinpoint accuracy and cause no damage. Industrial robotic arms also operate with surgical precision when assembling and packaging products, minimizing waste.

Safer Work Environment

Implementing autonomous robots also creates a safer work environment. AMRs use safety-rated LiDAR systems, one example being the OTTO Lifter. It has a 360-degree view of its surroundings, allowing it to avoid accidents that may lead to injuries.

Instead of having a bunch of employees driving forklifts around a warehouse with innumerable obstacles, managers can switch to AMRs that navigate around obstacles without error or hesitation. Similarly, performing dangerous tasks like incisions, welds or handling hazardous materials is much safer in the hands of a robot rather than a human.

Higher Product Quality and Quantity

When a company maximizes its safety and efficiency, the inevitable result is higher product quality and quantity. Every item that an AMR handles will look and function the same. On the rare chance that a defect occurs, managers can add that information to the AMR’s software to ensure it never happens again. 

Manufacturing products with this level of accuracy also leads to a higher overall output. AMRs can’t directly solve the shortages of raw materials in various industries, but they can get the most out of the limited resources a company has. Moreover, AMRs can absorb new data, make objective decisions and adapt to external variables in ways that humans can’t.

Significant Savings

The final benefit of using AMRs in supply chain operations is significant savings — both from operational costs and scaling. Safe and efficient operations yield great savings because companies don’t have to pay for equipment damage, defective products, employee accidents and other disruptions. Labor costs are also much lower with AMRs included in the workforce.

AMRs are also highly flexible, so businesses can add them to their growing operations as needed. This unmatched scalability allows managers to free up capital for other expenditures and add more AMR units over time. Investing in a new technology in the long run is more affordable than modifying or replacing a fixed system in the short term.

Keeps Up With Supply Chain Trends

Lastly, businesses that invest in AMRs have made a critical step in following the latest supply chain trends. With the rise of lightning-fast e-commerce and changing customer expectations, the demand for speed and efficiency has never been higher. Human employees in a depleted workforce can’t keep up with this demand, but AMRs can.

Armed with scalable robotic solutions, companies can adapt to the changing attitudes of their customers without missing a beat. They can easily change an AMR’s functionality by adding new data to the software instead of causing downtime to upgrade the facility. AMRs operate independently and can shift to a new task or location without hiccups.

AMRs Are the Present, Not the Future

New technologies like AMRs often get discussed in terms of future benefits, which is a mistake. AMRs are the present, not the future. They are playing critical roles in supply chain optimization right now, and they will only become more indispensable as time goes on. Business leaders need to invest in AMRs now if they want to overcome today’s economic challenges.

robotics intelligent

Navigating the Way of Industrial Automation and Robotics

FMI predicts the Intelligent Power Module Industry to have a CAGR of 11.8% by 2033.

The intelligent power module market is predicted to be worth US$ 1,603.7 million in 2023 and rise to US$ 4,907.3 million by 2033. Demand was initially expanding at a market CAGR of 9.7% between 2018 and 2022.

Due to high power efficiency and low power consumption, the demand for intelligent power modules is well-suited for consumer electronics, smart grids, and other systems. The great advantage of SiC is its enormously improved efficiency. In addition to being quickly adopted in industries that are energy-focused, like electric cars, SiC also improves the efficiency of electronics across industries and helps the world’s carbon footprint. This affects the global growth of the market.

Market Challenges

For the intelligent power module sector to expand quickly, new trends and technologies must be incorporated. Although new technology and its advantages appeal to engineers, creating a control structure is difficult. As a result, the IPM market adopts new technologies at a relatively moderate rate, which is likely to impede the technology’s development.

Key Takeaways

  • By 2033, the intelligent power module market in the United Kingdom is likely to expand, with a CAGR of 23.8%.
  • In 2022, the United States accounted for a share of 19.2% in the intelligent power module sector.
  • The intelligent power module market was significantly expanding, with a size of US$ 1,455.3 million in 2022.
  • By 2033, the intelligent power module market in China is likely to expand, with a CAGR of 20.8%.
  • In 2022, Germany expanded significantly in the intelligent power module business, with an expected share of 7.6%.
  • By 2033, India is projected to expand significantly in the intelligent power module market, with a share of 25.2%.
  • In 2022, Australia developed significantly in the intelligent power module business, with an expected share of 3.1%.
  • Japan’s intelligent power module industry share developed significantly, with a 5.4% share in 2022.
  • In 2022, the IGBT segment led the market with a significant share and is likely to hold a top spot in the market, in terms of type.
  • Based on the application, the consumer electronics market dominated the industry in 2022.

Competitors Winning Strategies

Top companies are releasing updated versions of intelligent power modules; these modules are anticipated to be employed in several applications. To get a competitive advantage in the market, manufacturers are concentrating on crucial strategies to update the system.

Recent Developments

  • Magnachip introduced a new MOSFET 40V version in April 2022 that is vital to vehicle safety and has AEC-Q101 certification. It has a wide range of applications, including BLDC applications for electric oil pumps, electric power steering, engine cooling fans, and battery cooling fans.
  • Infineon Technologies significantly increased its manufacturing capacity for wide bandgap (SiC and GaN) semiconductors in February 2022, bolstering its position as the industry leader in power semiconductors.
  • The business is spending more than US$ 2 billion to construct a third module at its Malaysian facility in Kulim.
  • If completely outfitted, the new module brings in an additional US$ 2 billion in income per year from items made of silicon carbide and gallium nitride.
  • Mitsubishi Electric Corp. presented its newest ultra-compact intelligent power module (IPM), branded as DIPIPMTM Ver.7, in August 2019. This module’s characteristics include less radiation noise, low power consumption, and more flexible heat dissipation.