Robotics

As prices of wheat, fuel, and fertilizer rise, the total costs for farmers have been increasing. Given the intensified financial struggle, together with higher demand for food production, improving farming efficiencies is imminent.

IDTechEx Analysts Dr James Edmondson, Yulin Wang and Zehao Li discuss emerging trends in logistics and service robotics.

IDTechEx outlines two of the most exciting applications in the service robotics world and analyzes the key technological highlights.

IDTechEx has recently released "Vertical Farming: 2022-2032", a market research report exploring the technology and market factors of the vertical farming industry, which has attracted much attention from investors over recent years. The vertical farming industry raised over $1 billion in funding in 2021, a record high that exceeded the combined funding generated in 2018 and 2019.

Thursday 26 May 2022 - Summary of service robots; Dominant and non-dominant applications of service robots; Analysis of the drivers and barriers to the non-dominant applications; Introduction of major market players; Opportunities and market gaps of the non-dominant applications; and more!

Thursday 12 May 2022, presented by IDTechEx Technology Analyst Yulin Wang - Service Robots: Automate People's Lives and Multiple Industries - Who Are the Winners?

Recently, implementing mobile robots in warehouses for automation has been increasingly popular, and the market of logistic mobile robotics attracts millions or even billions of dollars of investments every year, according to IDTechEx's report "Mobile Robotics in Logistics, Warehousing and Delivery 2022-2042". There are some forms of mobile robotic systems that can complete the "goods-to-person" operations in a more flexible, scalable, and efficient way.

The service robotics industry has grown quickly in recent years, spurred on by advances in robotics technology and artificial intelligence (AI), and maybe set to help alleviate some of the labor issues across multiple industries.

Machine vision is increasingly important for many applications, such as object classification. However, relying on conventional RGB imaging is sometimes insufficient - the input images are just too similar, regardless of algorithmic sophistication. Hyperspectral imaging adds the extra dimension of wavelength to conventional images, providing a much richer data set.

With the rapid growth of e-commerce and e-grocery, automation in the warehousing and logistics chain is becoming necessary in more scenarios. Based on the market research report "Mobile Robotics in Logistics, Warehousing and Delivery 2022-2042", IDTechEx summarizes four reasons why mobile robotics is becoming the industrial trend for warehouse automation.