Rethink Robotics

Collaborative Robot Market worth $11.8 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, April 1, 2024

By payload, more than 25 kg payload are projected to grow at a high CAGR of Collaborative Robot  market during the forecast period.

Key Points: 
  • By payload, more than 25 kg payload are projected to grow at a high CAGR of Collaborative Robot  market during the forecast period.
  • In November 2023, Universal Robots A/S, a Danish cobot manufacturer, expanded its product line by launching the UR30, a collaborative robot with a 30 kg payload.
  • Electronics in industry segment in Collaborative Robot market will account for the highest CAGR during the forecast period.
  • The Asia Pacific region is one of the prominent market in the global collaborative robot (cobot) industry .

Collaborative Robot Market worth $11.8 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, April 1, 2024

By payload, more than 25 kg payload are projected to grow at a high CAGR of Collaborative Robot  market during the forecast period.

Key Points: 
  • By payload, more than 25 kg payload are projected to grow at a high CAGR of Collaborative Robot  market during the forecast period.
  • In November 2023, Universal Robots A/S, a Danish cobot manufacturer, expanded its product line by launching the UR30, a collaborative robot with a 30 kg payload.
  • Electronics in industry segment in Collaborative Robot market will account for the highest CAGR during the forecast period.
  • The Asia Pacific region is one of the prominent market in the global collaborative robot (cobot) industry .

Collaborative Robot (Cobot) Market Size To Grow USD 1357.4 Million by 2029 at a CAGR of 8.2% | Valuates Reports

Retrieved on: 
Tuesday, August 8, 2023

The adoption of collaborative robots, or cobots, by Small and Medium Enterprises (SMEs) is one factor contributing to the expansion.

Key Points: 
  • The adoption of collaborative robots, or cobots, by Small and Medium Enterprises (SMEs) is one factor contributing to the expansion.
  • Robots are more suited to assembly process steps that require a great deal of repetition than people are.
  • Because of their compact size, they are simple to assemble, disassemble, and transfer across the factory without affecting how the production is organized.
  • Additionally, when a person approaches the robot, extra sensors like laser sensors can be added to slow down or stop the robot.

Collaborative Robot (Cobot) Market Size To Grow USD 1357.4 Million by 2029 at a CAGR of 8.2% | Valuates Reports

Retrieved on: 
Tuesday, August 8, 2023

The adoption of collaborative robots, or cobots, by Small and Medium Enterprises (SMEs) is one factor contributing to the expansion.

Key Points: 
  • The adoption of collaborative robots, or cobots, by Small and Medium Enterprises (SMEs) is one factor contributing to the expansion.
  • Robots are more suited to assembly process steps that require a great deal of repetition than people are.
  • Because of their compact size, they are simple to assemble, disassemble, and transfer across the factory without affecting how the production is organized.
  • Additionally, when a person approaches the robot, extra sensors like laser sensors can be added to slow down or stop the robot.

Prime Movers Lab Raises $245 Million Early-Stage Fund to Advance Breakthrough Science Startups

Retrieved on: 
Wednesday, July 26, 2023

The firm's other funds, Prime Movers Lab Fund I (a $100 million fund), Prime Movers Lab Fund II, (a $245 million fund), and Prime Movers Lab Early-Growth Fund (a $500 million fund) have invested in breakout companies like fixed wireless technology provider Tarana Wireless , supersonic aircraft developer Boom Supersonic , commercial spaceflight pioneer Axiom Space , and sustainable satellite network creator E-Space .

Key Points: 
  • The firm's other funds, Prime Movers Lab Fund I (a $100 million fund), Prime Movers Lab Fund II, (a $245 million fund), and Prime Movers Lab Early-Growth Fund (a $500 million fund) have invested in breakout companies like fixed wireless technology provider Tarana Wireless , supersonic aircraft developer Boom Supersonic , commercial spaceflight pioneer Axiom Space , and sustainable satellite network creator E-Space .
  • With Prime Movers Lab Fund III, we are focused on partnering with early-stage founders who are building must-have solutions for the world's biggest problems," said Prime Movers Lab Founder and General Partner Dakin Sloss.
  • Prime Movers Lab's access to high-quality deal flow, particularly with serial entrepreneurs, positions the firm well among breakthrough science venture firms.
  • "I've never seen another venture capital fund roll up their sleeves to help a founder raise capital like Prime Movers Lab."

Robot Operating System Market worth $1,082 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, July 25, 2023

Industries such as automotive, electronics, and pharmaceutical actively integrate collaborative robots into their production processes to enhance efficiency, productivity, and flexibility.

Key Points: 
  • Industries such as automotive, electronics, and pharmaceutical actively integrate collaborative robots into their production processes to enhance efficiency, productivity, and flexibility.
  • As the demand for collaborative robots is increasing, a significant demand for robot operating systems is expected during the forecast period.
  • The robot operating system is highly incorporated into robots used in the automotive industry.
  • Emerging European markets such as the UK and Germany are expected to offer significant opportunities in the robot operating system industry .

Robot Operating System Market worth $1,082 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, July 25, 2023

Industries such as automotive, electronics, and pharmaceutical actively integrate collaborative robots into their production processes to enhance efficiency, productivity, and flexibility.

Key Points: 
  • Industries such as automotive, electronics, and pharmaceutical actively integrate collaborative robots into their production processes to enhance efficiency, productivity, and flexibility.
  • As the demand for collaborative robots is increasing, a significant demand for robot operating systems is expected during the forecast period.
  • The robot operating system is highly incorporated into robots used in the automotive industry.
  • Emerging European markets such as the UK and Germany are expected to offer significant opportunities in the robot operating system industry .

Collaborative Robot Market worth $6.8 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, July 18, 2023

By component, the software segment is projected to exhibit higher CAGR for the collaborative robot market during the forecast period.

Key Points: 
  • By component, the software segment is projected to exhibit higher CAGR for the collaborative robot market during the forecast period.
  • Europe is expected to hold the significant share in the collaborative robot market by 2029.
  • Europe is one of the most significant contributors to the collaborative robot market due to the presence of collaborative robot providers, including KUKA (Germany), Universal Robots (Denmark) ABB (Switzerland), and Franka Emika GmbH (Germany).
  • The report profiles key players in the collaborative robot companies with their respective market ranking analysis.

Collaborative Robot Market worth $6.8 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, July 18, 2023

By component, the software segment is projected to exhibit higher CAGR for the collaborative robot market during the forecast period.

Key Points: 
  • By component, the software segment is projected to exhibit higher CAGR for the collaborative robot market during the forecast period.
  • Europe is expected to hold the significant share in the collaborative robot market by 2029.
  • Europe is one of the most significant contributors to the collaborative robot market due to the presence of collaborative robot providers, including KUKA (Germany), Universal Robots (Denmark) ABB (Switzerland), and Franka Emika GmbH (Germany).
  • The report profiles key players in the collaborative robot companies with their respective market ranking analysis.

Bearing Names Maritime Startup Veteran Jim Daly as Chief Operating Officer

Retrieved on: 
Wednesday, April 26, 2023

PALO ALTO, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- Bearing, the fast-growing leader in AI-powered vessel optimization and insights for maritime shipping, today announced that it has appointed Jim Daly as chief operating officer.

Key Points: 
  • PALO ALTO, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- Bearing, the fast-growing leader in AI-powered vessel optimization and insights for maritime shipping, today announced that it has appointed Jim Daly as chief operating officer.
  • Daly will report to Bearing CEO Dylan Keil.
  • “We’re excited to have Jim on board as we steer the maritime shipping industry toward more sustainable operations with our AI-driven solutions,” said Dylan Keil, CEO and co-founder of Bearing.
  • “I’m eager to continue advancing new technologies for the maritime industry alongside the very talented team at Bearing,” said Daly.