Robotics

The idea of drone delivery sharply divides commentator opinion: some dismiss it as a mere publicity stunt whilst others consider it a game changer that will bring near instant product fulfilment to e-commerce, stripping traditional shops of their last major differentiator.

In this article, we provide an overview explaining the major technology changes and market trends that underpin this growing interest. We will also consider how the future will look like, discussing the rapid rise and fall of multiple technologies.

Trucking is a big business. In the US, trucking industry revenues are in excess of $726bn. No wonder then that autonomous trucking is a hot topic.

New robotics is already quietly transforming many aspects of agriculture, and the agrochemicals business is no exception. Here, intelligent and autonomous robots can enable ultraprecision agriculture, potentially changing the nature of the agrochemicals business.

Robotic technology will transform the forklift industry, causing a colossal transfer of value from human-provided driving services, towards spending on autonomous industrial material handling machines, thus fuelling an industry revenue boom far exceeding recent growth trends.

Last mile delivery remains an expensive affair in the parcel delivery business, often representing more than half of the total cost. Its importance is also growing thanks to a change in the composition of total deliveries with B2C deliveries rapidly taking on a bigger share.

Robots are becoming uncaged, mobile, collaborative and increasingly intelligent and dexterous, moving beyond their traditional strongholds to bring automation to previously inaccessible tasks.

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RethinkX and Barclays Research have issued carefully prepared research concluding that the global peak for cars will be in only a few years. Analysts IDTechEx say around 2030. Most experts see it as inevitable.

Mobile robotics in material handling and logistics will become a $75bn market by 2027. It will then more than double by 2038. These staggering headline figures mask turbulent transformative change underneath: some technologies will rise and transform the fortunes of industries, fuelling growth rates far outpacing recent trends, whilst others will face with decay and obsolescence. We are at the beginning of the beginning of a transformative change, and the time to plan is now.