robotic sector
India's top 10 Cheapest Humanoid Robots are Competing in AI Race
For a long time, Humanoid Robots have been gaining popularity in India. Even though India is still catching up to other countries in terms of artificial intelligence and robotics, Indian companies and the government are working hard to incorporate new-age technology. Humanoid Robots are often built for a specific purpose like healthcare, education, and Humanoid Robots based on applications. According to IFR data, robot sales in India grew by 27% to a record high of 2,627 units, nearly identical to Thailand. According to another poll, India is ranked third in the world for robotic automation implementation.
Top 10 Experts' Prediction for Robotics Sector in 2020 and Beyond Analytics Insight
With the increase in diversification across industries, robotics sector is growing with significant leaps and bounds. In 2020, the sector will witness continued growth, shifting attitudes, and emergence of new roles. According to a report, the global market for robots is expected to grow at a CAGR of around 26 percent to reach just under US$ 210 billion by 2025. It is predicted that this market will hit the US$ 100 billion mark by next year. As noted by Robotics Business Review, observing the ever-growing aptitude of robot and robotics, some of the industry experts expressed their views and predicted the prominence of the technology in 2020 and beyond.
Underwater artificial intelligence research continues Government Europa
Underwater artificial intelligence would enable unmanned devices to map sea beds and carry out underwater infrastructure repair, both of which can be dangerous to human technicians. The UK's technology and robotics sector has been working to introduce elements of artificial intelligence and machine learning into infrastructure maintenance on land, at sea and in space; with the goal of reducing the disruption, costs and risks posed to humans by conducting this maintenance. By introducing underwater artificial intelligence and 3D computer imaging technologies to the subaquatic robotics sector, researchers hope to reduce the cost of producing offshore renewable energies. UK robotics businesses such as Rovco, which specialises in subsea robotics services, have received funding from UN government initiatives for research and development of emerging technologies; working alongside other researchers, engineers and industry specialists to develop innovative, collaborative projects. In a blog written on the underwater artificial intelligence project for Innovate UK, Rovco's Chief Technology Officer Dr Iain Wallace said: "The ability to work with other like-minded engineers, R&D teams, and Remotely Operated Vehicles (ROV) specialists has resulted in exciting project concepts, allowing us to innovate further and more efficiently. We see collaboration as not only useful, but crucial if new technology is going to positively impact a range of sectors including nuclear, energy and robotics. This innovation has then brought in external investment to Rovco, growing the company and creating many high-tech robotics jobs – with our hiring continuing."
Say hello to the Internet of Robotic Things
The latest Internet of Things (IoT) sub-segment to emerge is the Internet of Robotic Things, where intelligent robots operate with relative autonomy. In essence the Internet of Robotic Things (IoRT) describes devices that are able to combine data from various sources, monitor events, determine a best course of action and manipulate objects in the real world. "Both commercial and consumer robotics systems can benefit from these capabilities," he said. "Smart edge devices can share embedded, local data with robotic systems, describing themselves and providing other information," said Kara.
Say hello to the Internet of Robotic Things
The latest Internet of Things (IoT) sub-segment to emerge is the Internet of Robotic Things, where intelligent robots operate with relative autonomy. As reported by ZDNet, ABI Research is championing the emergence of IoT-powered robots. In essence the Internet of Robotic Things (IoRT) describes devices that are able to combine data from various sources, monitor events, determine a best course of action and manipulate objects in the real world. And though the IoRT concept has been kicking around for a few years, ABI's practice director of robotics Dan Kara says the technology is still in the early stages. However, he says new innovations are starting to appear in this space, like iRobot which uses Amazon Web Services to connect consumer robotic devices to the cloud.
This is the dark side of China's growing robotics sector
A rough estimate would show that thousands of Chinese robotics companies may have recorded, on average, annual sales of less than 100,000 yuan each. Mainland media reported that low-end robots have been installed on the assembly line of known labour-intensive factories as a showcase for local government subsidies and left unused. "There remains a big shortage of specialists who can assess the true situation in the country's robotics industry and determine arbitrary decision–making by local governments in granting subsidies," Wang said. His urgent call for a sweeping audit of subsidies to the domestic robotics industry followed a recent nationwide investigation launched by the Ministry of Finance on so-called "new energy vehicle" makers. The agency is targeting electric car manufacturers suspected of fraudulently obtaining subsidies from the government in 2013 and 2014, as well as those firms that applied last year.