Sensor fusion

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.

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.

HD Hyundai Wins CES 2024 Innovation Awards Proving Future Technologies for Land and Sea

Retrieved on: 
Wednesday, November 15, 2023

HD Hyundai has once again won the CES 2024 Innovation Awards following its wins in 2023.

Key Points: 
  • HD Hyundai has once again won the CES 2024 Innovation Awards following its wins in 2023.
  • (Graphic: Business Wire)
    HD Hyundai’s three award-winning products and solutions for the CES 2024 Innovation Awards are:
    HD Hyundai XiteSolution: Smart Collision Mitigation with Sensor Fusion, X-Agent (AI-based machine assistance for construction equipment)
    The CES Innovation Awards is an annual competition held by the Consumer Technology Association (CTA), which honors products with outstanding technologies and innovation.
  • In its first year being entered in the CES Innovation awards, HD Hyundai XiteSolution won in two categories — Vehicle Tech & Advanced Mobility and Mobile Devices, Accessories & Apps.
  • According to HD Hyundai, “It is an honor to be recognized in the CES Innovation Awards with other world-class technology companies as we work to prove our commitment to developing future solutions for land and sea.

Global AGV and AMR (Mobile Robots) Market Opportunity 2023-2028: Online Grocery Set to Be the Next Disruption and May Be the Prime Candidate for Warehouse Automation - ResearchAndMarkets.com

Retrieved on: 
Friday, August 25, 2023

The "Global AGV and AMR (Mobile Robots) Market 2023-2028: Driven by Logistics & Manufacturing" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global AGV and AMR (Mobile Robots) Market 2023-2028: Driven by Logistics & Manufacturing" report has been added to ResearchAndMarkets.com's offering.
  • The growth of e-commerce serves as a key driver for AGV/AMR demand in warehouse automation.
  • Leading markets are forecasted to be the United States, Germany, U.K., and China, contributing to an annual demand exceeding 350,000 mobile robots (AGV & AMR) by 2028.
  • China is poised to emerge as a hub for Autonomous Mobile Robots, driven by advantages in labor cost and domestic consumption volume.

Global AGV and AMR Market Analysis and Outlook 2023-2028: China Poised to Emerge as a Hub for Autonomous Mobile Robots, Driven by Advantages in Labor Cost and Domestic Consumption Volume

Retrieved on: 
Tuesday, August 22, 2023

DUBLIN, Aug. 21, 2023 /PRNewswire/ -- The "AGV and AMR Global Market Forecast till 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Aug. 21, 2023 /PRNewswire/ -- The "AGV and AMR Global Market Forecast till 2028" report has been added to ResearchAndMarkets.com's offering.
  • An exhaustive market size and forecast database, presented in Excel format, facilitates further analysis and strategic planning, complemented by 156 market tables.
  • Projected shipments of around 670,000 mobile robots (AGVs & AMRs) are expected for 2028, with an installed base reaching 2.7 million.
  • China is poised to emerge as a hub for Autonomous Mobile Robots, driven by advantages in labor cost and domestic consumption volume.

TIER IV launches Sensor Fusion Development Kit: Simplifying adoption of cutting-edge perception technology

Retrieved on: 
Monday, July 3, 2023

TOKYO, July 3, 2023 /PRNewswire/ -- TIER IV, a leader in open-source autonomous driving (AD) technology, is delighted to announce the launch of the Sensor Fusion Development Kit (referred to as "the Kit"), designed to ease and accelerate the development of autonomous driving (AD) systems and related applications with cutting-edge perception technology.

Key Points: 
  • TOKYO, July 3, 2023 /PRNewswire/ -- TIER IV, a leader in open-source autonomous driving (AD) technology, is delighted to announce the launch of the Sensor Fusion Development Kit (referred to as "the Kit"), designed to ease and accelerate the development of autonomous driving (AD) systems and related applications with cutting-edge perception technology.
  • The Kit combines state-of-the-art automotive sensors, such as HDR cameras and 3D LiDARs, and industrial-grade computers into one package.
  • This provides users with a complete set of tools for processing sensor fusion, which eases and accelerates the development of cutting-edge perception technology.
  • By introducing the Kit, users can avoid complex undertakings related to sensor fusion, such as sensor and computer configurations, ROS2 environmental setups, system synchronization and calibration processes, and perception model tunings.

Arrow Electronics Creates Robotics Center of Excellence to Empower the Intelligent Edge and Advance Automation

Retrieved on: 
Thursday, June 22, 2023

Platforms from NVIDIA include Jetson developer kits and modules, Isaac Sim , Omniverse , Metropolis , TAO Toolkit , TensorRT , and Triton Inference Server .

Key Points: 
  • Platforms from NVIDIA include Jetson developer kits and modules, Isaac Sim , Omniverse , Metropolis , TAO Toolkit , TensorRT , and Triton Inference Server .
  • The Robotics COE aims to help innovators with solutions and reference designs that will address the common robotics tasks of perception, navigation, and planning.
  • The opening of the Robotics COE comes at a time when the use of robotics is soon to be ubiquitous.
  • “ADI and Arrow Electronics are working together to develop advanced automation solutions such as industrial robotics for the broad market customer base,” said Leo McHugh, vice president of industrial automation at ADI.

Sensor Fusion Market To Reach USD 6287 Million By 2028 with a CAGR of 10.9%| Valuates Reports

Retrieved on: 
Tuesday, April 11, 2023

Due to the COVID-19 pandemic, the global Sensor Fusion market size is estimated to be worth USD 3379.5 million in 2022 and is forecast to a readjusted size of USD 6287 million by 2028 with a CAGR of 10.9% during the review period.

Key Points: 
  • Due to the COVID-19 pandemic, the global Sensor Fusion market size is estimated to be worth USD 3379.5 million in 2022 and is forecast to a readjusted size of USD 6287 million by 2028 with a CAGR of 10.9% during the review period.
  • One of the key factors boosting sensor fusion market revenue growth is the increase in demand for sensor-based apps for smartphones.
  • As a result, over the course of the forecast period, the sensor fusion market will increase primarily due to the increasing functionality of autonomous vehicles.
  • SENSOR FUSION MARKET SHARE ANALYSIS:
    The largest producer of Sensor Fusion in North America, which accounted for roughly 32.84% of global production value in 2016.

Sensor Fusion Market To Reach USD 6287 Million By 2028 with a CAGR of 10.9%| Valuates Reports

Retrieved on: 
Tuesday, April 11, 2023

Due to the COVID-19 pandemic, the global Sensor Fusion market size is estimated to be worth USD 3379.5 million in 2022 and is forecast to a readjusted size of USD 6287 million by 2028 with a CAGR of 10.9% during the review period.

Key Points: 
  • Due to the COVID-19 pandemic, the global Sensor Fusion market size is estimated to be worth USD 3379.5 million in 2022 and is forecast to a readjusted size of USD 6287 million by 2028 with a CAGR of 10.9% during the review period.
  • One of the key factors boosting sensor fusion market revenue growth is the increase in demand for sensor-based apps for smartphones.
  • As a result, over the course of the forecast period, the sensor fusion market will increase primarily due to the increasing functionality of autonomous vehicles.
  • SENSOR FUSION MARKET SHARE ANALYSIS:
    The largest producer of Sensor Fusion in North America, which accounted for roughly 32.84% of global production value in 2016.

Sensor Fusion Global Market Report 2023: Commercialization of Autonomous Vehicles Presents Opportunities

Retrieved on: 
Friday, February 17, 2023

DUBLIN, Feb. 16, 2023 /PRNewswire/ -- The "Sensor Fusion: Global Market Outlook" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 16, 2023 /PRNewswire/ -- The "Sensor Fusion: Global Market Outlook" report has been added to ResearchAndMarkets.com's offering.
  • The use of sensor fusion is crucial in the industry of autonomous vehicles.
  • Increasing government initiatives to create more autonomous vehicles and companies focusing on investing in research and development are some of the major factors driving the sensor fusion demand.
  • Based on the technology type, the Market for Sensor Fusion has been segmented into microelectromechanical systems (MEMS) and non-MEMS.