AGV

Retail Automation Market worth $44.3 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 29, 2024

Based on product type retail automation market for POS systems is expected to hold the highest market share during the forecast period.

Key Points: 
  • Based on product type retail automation market for POS systems is expected to hold the highest market share during the forecast period.
  • Retail automation market for the warehouse segment by implementation type to exhibit the highest market share during the forecast period.
  • Retail automation market for hypermarkets to hold high market share during the forecast period.
  • The retail automation companies includes many major Tier I and II players like Honeywell International Inc. (US), NCR VOYIX Corporation.

Cisco @ Mobile World Congress: Empowering Global Service Providers with AI-Ready Infrastructure to Win the Enterprise with Innovative Business Services

Retrieved on: 
Monday, February 26, 2024

BARCELONA, Feb. 26, 2024 /PRNewswire/ -- MOBILE WORLD CONGRESS -- Visitors to the Cisco (NASDAQ: CSCO) booth at MWC Barcelona 2024 will see and hear how Cisco is advancing the vision of Cisco Networking Cloud, working alongside customers and partners to build networks that can support emerging technology applications and the launch of new services. Through a platform-first approach to networking and simplified, secure, and sustainable solutions, Cisco is driving innovation with open partner ecosystems, AI-enabled operations, and cross-architectural integrations that empower businesses to create new revenue streams, boost agility, and improve operational efficiency.

Key Points: 
  • Cisco and TELUS launch new 5G capabilities in North America to serve IoT use cases for industry verticals, with a focus on connected cars.
  • Cisco's stand features innovative product and solution demos that offer operational simplicity while driving monetization, network optimization and sustainability.
  • Alongside its partners and peers, Cisco is bringing the ecosystem together to build standards and develop new services to benefit the industry.
  • Demos include Routed Optical Networking infrastructure, as-a-service offerings delivered through the Cisco Mobility Services Platform, Unified Management and Insight options across Cisco Catalyst and Meraki platforms, and more.

Cisco @ Mobile World Congress: Empowering Global Service Providers with AI-Ready Infrastructure to Win the Enterprise with Innovative Business Services

Retrieved on: 
Monday, February 26, 2024

BARCELONA, Feb. 26, 2024 /PRNewswire/ -- MOBILE WORLD CONGRESS -- Visitors to the Cisco (NASDAQ: CSCO) booth at MWC Barcelona 2024 will see and hear how Cisco is advancing the vision of Cisco Networking Cloud, working alongside customers and partners to build networks that can support emerging technology applications and the launch of new services. Through a platform-first approach to networking and simplified, secure, and sustainable solutions, Cisco is driving innovation with open partner ecosystems, AI-enabled operations, and cross-architectural integrations that empower businesses to create new revenue streams, boost agility, and improve operational efficiency.

Key Points: 
  • Cisco and TELUS launch new 5G capabilities in North America to serve IoT use cases for industry verticals, with a focus on connected cars.
  • Cisco's stand features innovative product and solution demos that offer operational simplicity while driving monetization, network optimization and sustainability.
  • Alongside its partners and peers, Cisco is bringing the ecosystem together to build standards and develop new services to benefit the industry.
  • Demos include Routed Optical Networking infrastructure, as-a-service offerings delivered through the Cisco Mobility Services Platform, Unified Management and Insight options across Cisco Catalyst and Meraki platforms, and more.

Industry 5.0 Market worth $255.7 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 22, 2024

The digital twin segment is expected to grow fastest in the industry 5.0 during the forecast period.

Key Points: 
  • The digital twin segment is expected to grow fastest in the industry 5.0 during the forecast period.
  • Digital twins play a central role in this integration by providing virtual representations of physical assets, processes, and systems.
  • Asia Pacific industry 5.0 industry is projected to grow at a CAGR of 31.2%.
  • These initiatives are expected to unlock growth prospects for the industry 5.0 market by creating conducive environments for advancement.

Industry 5.0 Market worth $255.7 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 22, 2024

The digital twin segment is expected to grow fastest in the industry 5.0 during the forecast period.

Key Points: 
  • The digital twin segment is expected to grow fastest in the industry 5.0 during the forecast period.
  • Digital twins play a central role in this integration by providing virtual representations of physical assets, processes, and systems.
  • Asia Pacific industry 5.0 industry is projected to grow at a CAGR of 31.2%.
  • These initiatives are expected to unlock growth prospects for the industry 5.0 market by creating conducive environments for advancement.

Artificial Intelligence (AI) in Healthcare Market worth $148.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, February 5, 2024

By offering, the services are projected to grow at a high CAGR of AI in the healthcare market during the forecast period.

Key Points: 
  • By offering, the services are projected to grow at a high CAGR of AI in the healthcare market during the forecast period.
  • Key players in the AI services in the healthcare market, including Microsoft, Johnson & Johnson Services, Medtronic, Siemens Healthineers, and Koninklijke Philips, offer a spectrum of support services.
  • These encompass online and offline assistance, installation, training, and post-maintenance, ensuring seamless integration and optimal functioning of AI systems in the dynamic healthcare landscape.
  • Machine learning technology in AI in healthcare market is expected to account for the largest share during the forecast period.

Artificial Intelligence (AI) in Healthcare Market worth $148.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, February 5, 2024

By offering, the services are projected to grow at a high CAGR of AI in the healthcare market during the forecast period.

Key Points: 
  • By offering, the services are projected to grow at a high CAGR of AI in the healthcare market during the forecast period.
  • Key players in the AI services in the healthcare market, including Microsoft, Johnson & Johnson Services, Medtronic, Siemens Healthineers, and Koninklijke Philips, offer a spectrum of support services.
  • These encompass online and offline assistance, installation, training, and post-maintenance, ensuring seamless integration and optimal functioning of AI systems in the dynamic healthcare landscape.
  • Machine learning technology in AI in healthcare market is expected to account for the largest share during the forecast period.

EnerSys® Launches NexSys® AIR Wireless Charger for AGVs

Retrieved on: 
Wednesday, January 31, 2024

EnerSys® (NYSE:ENS), the global leader in stored energy solutions for industrial applications, has announced the launch of its NexSys® AIR wireless charger.

Key Points: 
  • EnerSys® (NYSE:ENS), the global leader in stored energy solutions for industrial applications, has announced the launch of its NexSys® AIR wireless charger.
  • Engineered for a wide range of Automated Guided Vehicles (AGVs), the new NexSys® AIR wireless charger boasts an advanced, space-saving design to automate charging and eliminate maintenance, giving facilities and AGV Original Equipment Manufacturers (OEMs) a safe and convenient solution that eliminates physical connections.
  • The NexSys® AIR wireless charger features contact-free charging pads, eliminating the maintenance and wear associated with physical charging connections.
  • Capable of charging traditional flooded lead acid, Thin Plate Pure Lead (TPPL) and lithium-ion batteries, the NexSys® AIR wireless charger can handle a range of AGVs, charging schedules and facility locations, ensuring more flexibility and reliability for automated operations.

11.24% CAGR Growth in Transportation Management Systems (TMS) Market by Solution (on-premise and cloud-based), mode of transportation (roadways, railways, and airways), and Region - Global Forecast to 2027 - Technavio

Retrieved on: 
Friday, February 2, 2024

NEW YORK, Feb. 1, 2024 /PRNewswire/ -- The transportation management systems (TMS) market is estimated to grow by USD 3.70 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Feb. 1, 2024 /PRNewswire/ -- The transportation management systems (TMS) market is estimated to grow by USD 3.70 billion from 2022 to 2027, according to Technavio.
  • North America is expected to contribute 37% to the global TMS market growth during the forecast period.
  • These systems streamline freight management, fleet management, and shipment tracking, optimizing routes and enhancing warehouse and inventory management.
  • The Fleet Telematics Systems Market size is forecast to increase by USD 88.48 billion, at a CAGR of 23.87% between 2023 and 2028.

Mobile Robots Market (AGV and AMR) to reach ~$20B TAM by 2028 with an installed base of 2,700,000 Mobile Robots - LogisticsIQ

Retrieved on: 
Wednesday, January 31, 2024

Both AGVs and AMRs collectively are going to cross the installed base of 2.7 million units in 2028 to make the mobile robots a new normal in our day-to-day operational activities.

Key Points: 
  • Both AGVs and AMRs collectively are going to cross the installed base of 2.7 million units in 2028 to make the mobile robots a new normal in our day-to-day operational activities.
  • United States, Germany, U.K., and China are going to lead the market with an annual demand of more than 350,000 mobile robots (AGV & AMR) by 2028.
  • Goods to Person (G2P) and Person to Goods (P2G), both type of AMRs are having their own market with some advantages and disadvantage.
  • Picking Robots, Manipulator Robots, Case Handling Robots, and Sortation Robots are going to emerge as a new important category by 2028, specially in micro-fulfillment space.