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

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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/

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Ricoh IM C3010 Wins 2025 Pick Award from Keypoint Intelligence

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Award recognises standout performance in productivity, usability, and digital workflow capabilities

TOKYO, May 26, 2025 /PRNewswire/ — The RICOH IM C3010 A3 colour multifunction printer has been named a “Highly Recommended” device and selected for a 2025 BLI Pick Award by Keypoint Intelligence, a leading independent evaluator of document imaging solutions.

Engineered with enterprise-grade capabilities, the IM C3010 is built to support modern work environments by offering a powerful, secure and flexible solution that streamlines workflows and enhances productivity. This BLI award acknowledges the device’s exceptional performance, intuitive usability, and advanced document handling.

“Recognition like this reinforces how we’re helping customers respond to the growing need for smarter, more secure ways of working,” said Kei Uesugi, Managing Director of Ricoh Asia Pacific. “The IM C3010 combines strong performance with everyday usability, giving businesses the tools to manage documents more efficiently and adapt with confidence.”

Key Features of the IM C3010

Smart Operation Panel: 10.1-inch touchscreen with customisable workflows and one-touch task presets to simplify day-to-day use.

Fast, Reliable Performance: Quick first-print-out times and consistent job handling for both short and long runs in busy office environments.

Advanced Scanning & OCR: High-speed duplex scanning with accurate text recognition and compact file output for efficient digitisation.

Robust Security: Integrated features such as secure print, user authentication and data encryption to help protect sensitive information.

Mobile & Cloud Ready: Built-in support for AirPrint, Mopria, and Ricoh Smart Device Connector, plus cloud services via Ricoh Smart Integration.

Powering Smart, Secure Workflows

The IM C3010 excels in high-demand office environments, combining exceptional speed, advanced scanning capabilities and robust security features. Its intuitive Smart Operation Panel, accurate OCR performance, and seamless mobile and cloud integration make it ideally suited for organisations seeking to digitise documents efficiently and manage workflows securely. Designed to adapt to changing workplace needs, the IM C3010 supports scalable, future-ready document management.

-Ends-

About the BLI Pick Awards and Keypoint Intelligence:

The BLI Pick Awards, presented by Keypoint Intelligence, are widely recognised as a mark of excellence in the print and imaging industry. These awards are based on comprehensive hands-on testing and assessment of key performance areas, including reliability, usability, image quality, productivity, and overall value. Only the top-performing devices in each category earn a coveted “Pick”.

Keypoint Intelligence has been a trusted authority in digital imaging for over 60 years, offering independent lab testing, market research and strategic insights to manufacturers, partners and end users. Its evaluations help businesses identify solutions that deliver measurable performance in real-world environments — making a BLI Pick Award a clear signal of product quality and competitive strength.

About Ricoh

Ricoh is a leading provider of integrated digital services and print and imaging solutions designed to support the digital transformation of workplaces, workspaces and optimise business performance.

Headquartered in Tokyo, Ricoh’s global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organisational capabilities nurtured over its 85-year history. In the financial year ended March 2025, Ricoh Group had worldwide sales of 2,527 billion yen (approx. 16.8 billion USD).

It is Ricoh’s mission and vision to empower individuals to find ‘Fulfillment through Work’ by understanding and transforming how people work so we can unleash their potential and creativity to realise a sustainable future.

For further information, please visit www.ricoh.com


###

© 2025 RICOH ASIA PACIFIC PTE LTD. All rights reserved. All referenced product names are the trademarks of their respective companies.

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SOURCE Ricoh Asia Pacific Pte Ltd

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JA Solar with 23 Leading Solar Companies unveils the first Initiative for Global Solar Sustainable Alliance at UNGC’s summit

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JAKARTA, Indonesia, May 25, 2025 /PRNewswire/ — On May 25, 2025, at the UN Global Compact (UNGC)’s Inaugural Global Business Summit in Jakarta, a total of 24 global leading solar companies including JA Solar, Jinko Solar, Tongwei, LONGi, GCL Group and other core upstream suppliers, collectively released the initiative for “Global Solar Sustainable Alliance (GSSA)”.

Distinguished leaders across government, industry and academia attended the summit, including United Nations Global Compact Assistant Secretary-General and CEO Sanda Ojiambo, United Nations Resident Coordinator in China Siddharth Chatterjee , Chairman of the National Economic Council of the Republic of Indonesia H.E. Luhut B. Pandjaitan, Founder and co-chairman of Bridgewater Associates Ray Dalio, President of the China Electricity Council Bao’an Xin, Chairman of Xiamen Airlines Dong Zhao, Founder and Chairman of GCL Gongshan Zhu.

At this critical juncture of global energy transition, the solar industry, as a cornerstone of renewable energy, serves as a pivotal solution to combat climate change and achieve carbon neutrality goals. Amid rapid industry growth, leading enterprises have jointly launched this initiative to address social and environmental challenges and advance sustainable development. Committed to delivering clean energy globally, the Initiative aims to strengthen sustainability across the entire value chain — promoting green mineral sourcing from the source, protecting ecosystems and biodiversity, building an equitable society for common good, and driving inclusive growth.

Aligned with the UNGC Ten Principles and Sustainable Development Goals (SDGs), the Initiative outlines 9 actionable pathways across three pillars, advancing ESG progress across the solar value chain and promoting its positive impact on the international market.

The GSSA initiative has garnered strong endorsement from the UNGC. Meng Liu, UNGC China Representative, stated: “We commend the global solar industry, particularly Chinese photovoltaic enterprises, for their contributions to advancing the global energy transition, and we welcome the launch of this initiative. Closely aligned with the principles of the United Nations Global Compact, the Initiative underscores corporate responsibilities in environmental protection, human rights safeguards, and sound governance. We look forward to the solar industry setting an exemplary model for global sustainable development through collective action.”

Jing Li, Vice President of Branding and Sustainability Officer of JA Solar, officially launched this GSSA Initiative at the event, and introduced JA Solar’s newly constructed responsible supply chain strategy with the theme of “Together Towards Tomorrow”, which aims to promote the multi-stakeholders along the industry’s value chain to evolve towards a sustainable future.

UNGC encourages more solar companies and supply chain partners to join this initiative and jointly advance the sustainable development of the industry. To truly fulfill the summit’s vision of ‘Better Business, Better World: Accelerating the SDGs’, the first co-signatories pledge to collaboratively develop a concrete action roadmap with stakeholder engagement, to ensure effective implementation of the Initiative.

Appendix : Global Solar Sustainable Alliance (GSSA)

As the backbone of renewable energy, the global solar sector provides consumers, industries, and society with affordable and reliable clean energy. It has made remarkable contributions to advancing global energy transition and promoting sustainable development, with immense potential yet to be realized.

On the other hand, after decades of growth, the social and environmental footprints of the solar industry, particularly the associated risks across its supply chain—have increasingly emerged. These challenges pose significant obstacles to unleashing the industry’s full potential and achieving its own sustainable development.

In light of this, we, as the undersigned photovoltaic enterprises and supply chain participants, guided by the Ten Principles of the United Nations Global Compact and the UN Sustainable Development Goals (SDGs), hereby launch the Global Solar Sustainable Alliance (GSSA). We call on all companies in the industry and its supply chains to adopt sustainability principles and strategies, and actively undertake the following actions:

I. Just Transition: Safeguarding the green ecosystems and environment

a) Reduce pollution, conserve resources, improve environmental management, implement clean production, and promote a circular economy.

b) Cut energy consumption and carbon emissions, adapt to climate change, establish science-based greenhouse gas reduction targets, and achieve net-zero emissions as soon as possible.

c) Protect biodiversity and ecosystems, promoting green mining from origins of materials, ensuring zero deforestation and no net loss of biodiversity.

II. People-Centric Development: Building an Equitable Society for Common Good

a) Respect and protect workers’ fundamental rights, create gender-responsive, diverse, inclusive, safe, and healthy workplaces, and enhance employees’ skills and development potential.

b) Advance responsible procurement and marketing practices, implement human rights due diligence in supply chains, improve value chain transparency, traceability, and collaborative mechanisms, and strengthen supply chain resilience.

c) Plan PV projects in alignment with local conditions, respect the rights of communities and residents, and leverage industry expertise to support community and social development.

III. Governance Enhancement: Driving Inclusive Growth

a) Optimize corporate governance structures, enhance professionalism and diversity in governance mechanisms, improve investor relations management, and protect the rights of minority shareholders.

b) Operate with integrity and compliance, oppose all forms of unfair competition practices, proactively uphold a sound market order, and foster the healthy development of the industry.

c) Strengthen internal and external oversight systems, conduct standardized information disclosure and regular tracking of progress and targets, and establish multi-channel stakeholder engagement and dialogue mechanisms.

Building on the above consensus, we will pool wisdom and resources, engage in full collaboration, and establish a concrete action roadmap with the participation and support of multi-stakeholders to ensure the effective implementation of the GSSA Initiative.

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SOURCE JA Solar Technology Co., Ltd.

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Curotec Unveils Self-Hosted AI Platform That Cuts Dev Time by 70% Without Compromising Security

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With the help of Curotec, companies in regulated industries can now deploy generative AI securely—achieving 3X faster time to market without sacrificing privacy or control.

PHILADELPHIA, May 25, 2025 /PRNewswire-PRWeb/ — Curotec, a leader in nearshore software development and AI strategy, announces the launch of its self-hosted large language model (LLM) infrastructure—a cutting-edge approach to generative software development that enables clients to harness AI securely and efficiently, without compromising code, intellectual property, or sensitive data.

“We built our model infrastructure with security, control, and developer productivity at its core,” said Brian Dainis, CEO of Curotec.

As enterprise adoption of generative AI accelerates, so do concerns from CIOs and general counsel over privacy, IP leakage, and regulatory compliance. Curotec’s infrastructure addresses these concerns head-on by deploying the top-performing open-source LLMs entirely within Curotec-owned and controlled environments, avoiding reliance on third-party model providers.

Unlike typical AI development tools that rely on external APIs, Curotec’s models are fully self-contained—running within isolated environments that are hardened for enterprise-grade privacy. This ensures client data never leaves the trusted boundary of Curotec’s infrastructure, making it ideal for highly regulated sectors like FinTech, HealthTech, and SaaS.

Curotec piloted its self-hosted LLM platform with several of its clients in 2025, including growth-stage FinTech and HealthTech companies with stringent SOC 2 compliance requirements. This pilot proved the approach’s efficacy in unlocking significant developer efficiency and the ability to get legal, security, and compliance leaders on board with the data concerns that LLM platforms introduce.

Since implementing this approach across internal and client-facing projects, Curotec has seen up to a 70% reduction in man-hours required for application development projects. These gains translate into a 3X faster speed to market, allowing businesses to outpace competitors without sacrificing security or code quality.

The LLMs assist Curotec developers with:

Generating boilerplate and middleware codeWriting unit tests and documentationRefactoring and debuggingTranslating specifications into working codePrompt-assisted feature scaffolding

This innovation is now part of Curotec’s AI-enhanced development services, detailed here:

curotec.com/services/ai-generative-development

Curotec’s self-hosted model platform marks a new frontier in generative software development—one where efficiency doesn’t require compromise, and where enterprises can trust their AI-powered development pipelines are both powerful and secure.

About Curotec:

Curotec is a software consulting firm that helps companies scale their engineering capacity and adopt transformative technologies. With a strong presence in Latin America, Curotec provides elite nearshore talent and consulting services in AI, software development, and digital transformation. Learn more at www.curotec.com.

Media Contact

Brian Dainis, Curotec, 1 610-450-6599, press@curotec.com, https://www.curotec.com/

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SOURCE Curotec

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