Connect with us

Technology

Robotics Market: Logistics Expansion Drives 135.68 billion by 2031 Warehouse Automation Boom | SkyQuest Technology

Published

on

WESTFORD, Mass., June 24, 2024 /PRNewswire/ — As per SkyQuest, the Global Robotics Market size was valued at USD 34.06 billion in 2022 and is poised to grow from USD 39.71 billion in 2023 to USD 135.68 billion by 2031, growing at a CAGR of 16.60% during the forecast period (2024-2031).

Robots have been incorporated into manufacturing processes to increase productivity and improve the quality of associated vehicles. Digitization and the Industry 4.0 revolution are forcing the growth of automation in companies to use advanced automated solutions such as robotics and control systems to enhance their production processes. Robotics uses many key elements of Industry 4.0, including connectivity and data included. Siemens recently entered a joint venture with Google Cloud integrating Google Cloud’s data cloud and artificial intelligence/machine learning technology with Siemens’ factory automation solutions.

Download a detailed overview:

https://www.skyquestt.com/sample-request/robotics-market

Robotics Market Overview: 

Report Coverage 

Details 

Market Revenue in 2023 

$ 39.71 billion 

Estimated Value by 2031 

$ 135.68 billion 

Growth Rate 

Poised to grow at a CAGR of 16.60% 

Forecast Period 

2024–2031 

Forecast Units 

Value (USD Billion) 

Report Coverage 

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends 

Segments Covered 

Type, Application, Purpose and End-user

Geographies Covered 

North America, Europe, Asia Pacific, Middle East & Africa, Latin America

Report Highlights 

Updated financial information / product portfolio of players 

Key Market Opportunities 

Government initiatives and fundings

Key Market Drivers 

Increasing Adoption of Robots in the Logistics Sector

Segments covered in Robotics Market are as follows:

TypeIndustrial Robotics, Services RoboticsApplicationDisinfection, Shelf Scanning, Delivery, Security & Inspection, Advertising, Manufacturing, OthersPurposeDomestic Purpose, Professional PurposeEnd-userAutomotive, Logistics & Transportation, Agriculture, Chemical, Healthcare, Entertainment, Electric, Domestic Service, Others

Request Free Customization of this report:

https://www.skyquestt.com/speak-with-analyst/robotics-market

Boston Dynamics

Boston Dynamics is a pioneer in advanced robotics, known for its sophisticated humanoid and quadruped robots. The company focuses on building robots with sophistication, dexterity and mobility, pushing the limits of what a robot can do. 

Strategies 

Commercialization: A shift from research sampling to commercial products, targeting industries such as logistics and manufacturing. 

Advanced mobility: Investing heavily in research and development to develop robots that can move at high speeds and navigate difficult terrain. 

Collaborative Robots: Examines how robots are integrated into human workflows, with an emphasis on safety and efficiency. 

Recent News 

Expanding Spot Applications (2023): Boston Dynamics has expanded the applications of its Spot robot, including remote monitoring and logistics support.

Contribution 

Boston Dynamics’ innovations in Dynamic Robotics have dramatically improved the capabilities of robots in a variety of industries. 

iRobot

iRobot Corporation is a leading consumer robot company, known for its Roomba autonomous vacuum cleaner and Braava robotic mops.

Recent News 

Roomba j7+ (2023) launched: Roomba j7+ will be introduced with advanced AI navigation and obstacle avoidance capabilities, providing more efficient cleaning and user convenience.

Strategies 

Customer Insight: Constantly innovating to improve the functionality and user experience of their robotic vacuum cleaners and mops. 

Expansion into smart homes: By integrating their robots into the smart home ecosystem, users can remotely control and manage their devices. 

Diversify: Look for opportunities beyond vacuuming and mopping, such as robotic lawn mowers and pool cleaners. 

Contribution 

iRobot Corporation popularized consumer robots, making robots a common sight in homes around the world. Their focus on user-friendly design and practical features has accelerated the adoption of robots in everyday life.

ABB Robotics

ABB Robotics is a global leader in industrial robotics, providing automation solutions for manufacturing processes and industrial processes. The company offers a wide range of robots and robotic systems to fit the needs of specific industries.

Strategies 

Industrial Automation: Provision of robotic solutions for a variety of manufacturing processes, including assembly, welding, painting and material handling. 

Collaborative Robots: Collaborative robots (cobots) that can work with humans, increasing flexibility and productivity in manufacturing facilities.

Digitization: Integrating robots with digital technologies such as IoT, AI and cloud computing to enable predictive maintenance and optimize production.

Recent News 

Collaborative robot portfolio expansion: ABB has introduced new cobot models with improved safety features and payload capabilities, which take care of a wide range of products.

Partnering for Industry 4.0: Collaborate with other technology companies to develop integrated solutions for Industry 4.0 initiatives, such as smart workplaces and digital twins. 

Contribution 

ABB Robotics has revolutionized industrial automation, enabling manufacturers to improve productivity, quality and safety. Their innovative robotic solutions play a key role in the transition to simpler and more efficient manufacturing.

Universal robots

Universal Robots is a pioneer in collaborative robotics, specializing in lightweight and easy-to-use robotic arms designed to work with human workers. The company focuses on empowering businesses of all sizes to automate routine tasks to increase productivity. 

Strategies

Cobots for Small and Medium Enterprises (SMEs): They offer affordable and flexible cobots that are easy to use and program, meeting the needs of SMEs with limited automation expertise.

Application flexibility: Cobots are built with versatile end-effectors and modular design, allowing rapid adaptation for different tasks and workflows.

Recent News

UR10e announced (2022): Universal Robots launched the UR10e cobot, expanding its portfolio with a larger robot to handle heavier loads and larger tasks

Expansion in Education (2021): Universal Robots partnered with educational institutions to provide cobots for robotics training and education programs.

Contribution 

Universal Robots has democratized robotics by making automation accessible to SMEs, empowering them to improve productivity and competitiveness through flexible and cost-effective robotic solutions.

Kuka Robotics

KUKA Robotics is a leading industrial robotics and automation company, known for its high-performance robotics and innovative solutions.

Strategies 

Smart Factory Solutions: They provide integrated automation solutions for smart factories and Industry 4.0 environments. 

Robotic Systems Integration: Provide turnkey robotic systems and integration services for various industries, including automotive, aerospace, and logistics.

View report summary and Table of Contents (TOC):

https://www.skyquestt.com/report/robotics-market

Recent News

Launch of the KR QUANTEC Series (2023): KUKA introduced the KR QUANTEC series of next-generation industrial robots, featuring improved productivity, accuracy and flexibility.

Contribution 

KUKA Robotics leads the way in industrial automation, driving innovation with its advanced robotic solutions and system integration expertise, helping to increase efficiency and productivity in manufacturing and beyond.

Robotics Revolution: Pioneering Tomorrow’s Automated World 

Robotics and AI truly have the potential to transform our world, helping us navigate a rapidly changing future with greater confidence and optimism. Whether we embrace or resist this emerging technology, it will continue to play an increasingly important role in all our lives. 

While most humanoid robots remain in science fiction, robotic machines are all around us. These technological innovations are already helping us in many aspects of life and could change our future.

Related Reports:

Service Robotics Market

Delivery Robots Market

Warehouse Robotics Market

Smart Robot Market

SCARA Robot Marketv

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific. 

Contact:
Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

Logo : https://mma.prnewswire.com/media/2446095/SkyQuest_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/robotics-market-logistics-expansion-drives-135-68-billion-by-2031-warehouse-automation-boom–skyquest-technology-302180258.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

AI Wellness Unveils Mission 2025 at CES–Revolutionizing Health, Education, and Philanthropy with Digital Avatars, Wellness Bundles, and the Ask My Avatar Challenge

Published

on

By

LAS VEGAS, Jan. 9, 2025 /PRNewswire/ — AI Wellness (Assisted Intelligence Wellness) is taking center stage at CES 2025 with Mission 2025—a groundbreaking initiative fusing AI-powered Digital Avatars, Curated Wellness Bundles, and the Ask My Avatar Challenge to transform lives, inspire innovation, and fuel philanthropy.

 

This revolutionary platform isn’t just imagining the future—it’s building it, and empowering individuals and businesses to reimagine wellness, education, and impact. Mission 2025 proudly supports four trailblazing nonprofits: Grey Team, Gold Meets Golden, Coalition for Radical Life Extension, and Roots of Promise.

Meet the Future: AI Wellness Digital Avatars

AI Wellness is putting AI-powered Digital Avatars in the spotlight—game-changers for education, engagement, and efficiency:

Personalized Learning – Insights customized to individual goals.Time-Saving Automation – Freeing professionals to focus on purpose and impact.Scalable Engagement – Virtual consultations, wellness insights, and interactive training tools.

“Our avatars don’t just share information—they inspire transformation,” says Abby Aboitiz, Founder of AI Wellness.

Co-Founder Dr. Gideon Kwok shares:
“I’ve created my own spatial digital avatar—and it’s absolutely surreal! It’s my voice, my personality, and my expertise, captured in AI form. Now I can be in multiple places at once—educating, training, and inspiring—without ever leaving my office!”

Ask My Avatar Challenge: A Year-Long Quest for Discovery

Ready to dive into the future of AI wellness?

AI Wellness invites attendees to experience the Ask My Avatar Challenge—an interactive, year-long wellness journey kicking off at CES Week 2025:

Where to Experience It:Booth #55026 at our partner booth JC Live – Venetian Hall A-D. (Just to the right of the AARP booth)Desert Moon Wellness Clinic– Celebrated as the first Top 111 Clinic.

Interactive Experiences Include:

AI Wellness Mirrors – Real-time wellness insights and tools powered by AI avatars.Wellness Partnership locations– Hosted in spas, clinics, salons, and more globally.

Can’t make it to CES?
No problem! Reach out to AI Wellness to join us or partner with us at any of our 8 activations health/wellness events happening across the country throughout 2025.

Curated Wellness Bundles: Transforming Wellness—One Experience at a Time

AI Wellness Bundles combine top-tier products, diagnostics, and education for a 360° approach to transformation:

Instant Results – Real-time diagnostics and actionable insights.Personalized Pathways – Solutions for physical, mental, and emotional well-being.Purpose-Driven Impact – A portion of proceeds supports featured nonprofits.

Top 111 Clinics: Honoring Visionaries in Wellness Innovation

AI Wellness proudly names Desert Moon Wellness as the first inductee in the Top 111 Clinics, honoring its leadership in merging AI-powered health solutions with transformative care.

CES 2025 Spotlight: Where Innovation Meets Inspiration

Look for the AI Wellness Team during CES Week—they’ll be scouting:

Top 111 Forward Thinkers.Top 111 Innovators.Top 11 Original Genius Ideas.Create your Digital Avatar

How to Find Us:

AI Wellness TV Shirts – Look for our dynamic, standout team.AI Power Suits – Worn by TV hosts showcasing our signature logo.

Win Big with Raffles and Giveaways:

Nudora Gut Health Wellness Products.epsolution™: A premium blend of Magnesium Sulfate Epsom Salt and Siberian Fir essential oil, created by Nick and Nikki Giacara. Learn MoreMr. Lulu Skincare: Targeting pigmentation concerns like dark spots, acne scars, sun damage, melasma, and dull skin. Learn MoreGlobal Healing: Cutting-edge wellness products founded by Dr. Edward Group. Learn MoreSilverceuticals: Advanced silver-based health solutions by Dr. Keith Moeller. Learn MoreRejuran Scar Gel: A revolutionary approach to skincare and healing.Mindbody Matrix Water: A wellness breakthrough by Dr. TK Hyun. Learn MorePneuma Nitric Oxide: Solutions for nitric oxide health by Dr. Nathan Bryan. Learn MoreVisual Healing Experience: A collaboration between Louie Schwartzberg’s Moving Art, Assisted Intelligence Wellness, and Earable Neuroscience.More Exciting Prizes!

Mission 2025: Innovation That Moves the World

Mission 2025 is more than a campaign—it’s a movement built on the belief that education drives transformation.

Key Initiatives Include:

Angels of Alignment Gala – Honoring changemakers leading the wellness revolution.Ask My Avatar Challenge – A year-long exploration of AI-powered wellness.Top 111 Nominations – Recognizing trailblazers shaping the future.SMART Protocol – A cutting-edge roadmap for reaching wellness goals.

Your Mission Starts Now!

Ready to transform health, wellness, and education?

Visit us online to:

Build Your Digital Avatar.Join the Ask My Avatar Challenge.

info@aiwellness.ai
www.aiwellness.ai

Welcome to the Future. Welcome to Mission 2025.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ai-wellness-unveils-mission-2025-at-cesrevolutionizing-health-education-and-philanthropy-with-digital-avatars-wellness-bundles-and-the-ask-my-avatar-challenge-302347378.html

SOURCE Assisted Intelligence Wellness, Inc.

Continue Reading

Technology

HR Signal® Launches Lookalikes™, a Sourcing Platform for Recruiters That Uses AI to Find Better Candidates Instantly and Predict Their Interest in a New Job

Published

on

By

HR Signal® Launches Lookalikes™, a Sourcing Platform for Recruiters That Uses AI to Find Better Candidates Instantly and Predict Their Interest in a New Job. Lookalikes™ revolutionizes sourcing by discovering candidates that match highly specific Archetypes, built with AI or by a recruiter. Results can be sorted by Predicted Interest™ in a new job, improving time-to-hire.

CLEVELAND, Jan. 9, 2025 /PRNewswire-PRWeb/ — HR Signal®, a leading HR technology company, today announced the launch of Lookalikes™, an AI-powered candidate sourcing platform for recruiters that transforms how to find and rank top talent. The platform enables recruiters to instantly discover people by using Archetypes to eliminate hours of manual searching and dramatically improve candidate quality.

“Recruiters can now instantly find qualified candidates who match their needs and are likely interested in a new job. “

Recruiters can build candidate Archetypes in two ways: providing an ideal candidate or building a custom profile by entering specific job experiences and background requirements. Lookalikes™ uses proprietary AI to identify and rank potential candidates by how well they match the Archetype.

Unlike traditional sourcing tools that require extensive Boolean searches or limit profile views based on connection levels, Lookalikes™ gives recruiters unrestricted access to search over 1.3 billion people.

“Today’s recruiters face unprecedented challenges in finding and engaging the right talent,” said Sagy Cohen, CEO of HR Signal®. “We created Lookalikes™ to eliminate the manual effort in candidate sourcing. Instead of spending hours crafting complex searches or hitting professional network connection limits, recruiters can now instantly find qualified candidates who match their needs and are likely to respond. This is sourcing reimagined – faster, smarter, and more effective.”

Lookalikes™ biggest innovation is the ability to rank candidates by their Predicted Interest™ in a new position, helping recruiters focus their efforts on the most promising prospects.

Key features of Lookalikes™ include:

Unlimited viewing of 1.3+ billion candidates without connection-level restrictionsAI-powered results based on ideal candidate ArchetypesRank candidates by Predicted Interest™ in a new jobReal-time market insights for more informed salary discussionsBuilt-in tenure benchmarking analyticsUnlimited exports to any ATS or HRIS system, with direct integration available for team licensesAbility to create and share talent pools within hiring teams

“For decades, we have experienced firsthand how challenging it is to find the right talent,” said Andrew Spott, President of HR Signal®. “Lookalikes™ not only helps recruiters find better candidates faster but also provides them with valuable market intelligence about compensation, hiring demand, and tenure benchmarks. This data helps recruiters have more informed conversations with both candidates and hiring managers.”

Lookalikes™ is available for individual users, recruiters, in-house talent acquisition and for large enterprise teams starting at $50/month. A free trial is available without any credit card.

For more information, visit https://www.hirelookalikes.com

About HR Signal®

Founded by AI engineers and experienced executives, HR Signal® leverages its proprietary Workforce Insights Engine™ to analyze over 1.3 billion career paths, providing unprecedented insights into talent movement and career progression patterns. HR Signal® is venture capital backed and committed to helping companies grow and employees thrive.

Media Contact

Andrew Spott, Lookalikes by HR Signal, 1 888-333-6755, lookalikes@hrsignal.com, https://www.hirelookalikes.com

View original content to download multimedia:https://www.prweb.com/releases/hr-signal-launches-lookalikes-a-sourcing-platform-for-recruiters-that-uses-ai-to-find-better-candidates-instantly-and-predict-their-interest-in-a-new-job-302346706.html

SOURCE Lookalikes by HR Signal

Continue Reading

Technology

Nonprofit CEOs Took the Stage at CES 2025 to Shine Spotlight on How They Use AI and Tech to Treat and Cure Critical Diseases

Published

on

By

Moore CEO Gretchen Littlefield hosted a Great Minds panel on how big data and tech are being leveraged to progress treatments and cures for cancer, heart disease, Alzheimer’s disease and cleft lip and palate.

LAS VEGAS, Jan. 9, 2025 /PRNewswire-PRWeb/ — Today at CES®, leaders from the most respected brands in the purpose-driven sector discussed how data, artificial intelligence and technology are being used to solve some of the world’s most pressing problems during a panel discussion entitled “Mission Driven Innovation: Solving Humanity’s Biggest Challenges.” The session was streamed live and is available now on the CES website for replay.

The panel was moderated by Moore CEO, Gretchen Littlefield, and included:

    Nancy Brown, CEO, American Heart Association    Dr. Wayne A.I. Frederick, interim CEO, American Cancer Society    Susannah Schaefer, CEO and president, Smile Train    Dr. Joanne Pike, CEO and president, Alzheimer’s Association

The panelists shared key learnings and insights about the innovations they are driving within their organizations and the purpose-driven sector.

“The American Heart Association has always been a trailblazer in driving innovation at the intersection of science and patient-centered technology to further strengthen heart and brain health. As we begin our second century, we will continue advancing health and hope for everyone, everywhere,” said Nancy Brown, chief executive officer of the American Heart Association.

“As AI continues to evolve, the American Cancer Society will continue to explore its potential to improve the lives of cancer patients and their families,” said Dr. Wayne A.I. Frederick, interim CEO, American Cancer Society and American Cancer Society Cancer Action Network. “We want to ensure its use remains responsible, ethical and equitable and that it also prioritizes the relationship between health care professionals and those they serve.”

“Smile Train’s focus on innovation and technology has transformed millions of lives through cleft care in the last 25 years and promises an even brighter future for our patients,” said Susannah Schaefer, president and CEO of Smile Train. “From virtual reality surgical training and solar-powered operating rooms to digital tools connecting patients in remote areas, we are bridging gaps in cleft treatment and reshaping global health altogether.”

“We are at a transformational moment in Alzheimer’s disease and dementia. Rapid advances in technology are speeding the pace of discovery around how we prevent, detect and treat Alzheimer’s and dementia, while helping the Alzheimer’s Association more effectively and efficiently meet the needs of people living with dementia, their families, and their communities,” said Joanne Pike, DrPH, president and CEO of the Alzheimer’s Association. “We expect continued advances in innovation will further enhance both how we work and how we serve the people who count on us for information and support.”

“Moore is proud to be on the forefront of helping these amazing organizations advance their missions,” said Littlefield. “This is an exciting time to be in the technology industry and knowing that our work helps drive their impact makes it all the more rewarding.”

Part of the “CES 2025 Great Minds Series,” the panel discussion took place during CES 2025, on Thursday, Jan. 9, in the Las Vegas Convention Center. The recorded session is available here.

About Moore
Moore is a data-driven constituent experience management (CXM) company achieving accelerated growth for customers through integrated supporter experiences across all platforms, channels and devices. We are an innovation-led company that is the largest marketing, data and fundraising company in North America serving the purpose-driven industry with customers across education, association, political and commercial sectors.

Moore combines our strength in technology and unmatched industry expertise to provide a full platform of communications, data, digital, media, production and response management solutions. Our omnichannel solutions are powered by an ongoing investment in next-generation artificial intelligence and machine learning that deepens constituent relationships and creates transformational growth. To learn more, visit wearemoore.com.

Media Contact

Mac McKeever, Moore, 207-841-6110, mmckeever@wearemoore.com, https://wearemoore.com/

View original content to download multimedia:https://www.prweb.com/releases/nonprofit-ceos-took-the-stage-at-ces-2025-to-shine-spotlight-on-how-they-use-ai-and-tech-to-treat-and-cure-critical-diseases-302347181.html

SOURCE Moore

Continue Reading

Trending