AGVs and the Future of Air and Gas Compressor Manufacturing
Overview
The manufacturing industry is evolving rapidly with the advent of automated guided vehicles (AGVs) and their applications in air and gas compressor manufacturing. Estimates predict significant growth for AGVs in the manufacturing industry with their market size expected to surpass $7 billion by 2027, representing a compound annual growth rate (CAGR) of over 15%. The air and gas compressor market is also surging, with a projected CAGR of 3.48% between 2020 and 2024. The robust growth forecasts for these markets highlight the merger of AGVs and air/gas compressor manufacturing as a promising area, with the potential to reshape the manufacturing ecosystem.
AGVs in the Future of Manufacturing
Automated guided vehicles (AGVs) are poised to transform the future of manufacturing. As per market studies, the global AGVs market size is expected to burgeon to over $7 billion by 2027, with a CAGR of over 15%. This growth is propelled by the need for efficient material handling, optimising operational costs, and improving workplace safety. With enhanced efficiency and accuracy than traditional manual systems, AGVs are increasingly prevalent in factories, warehouses, and distribution centers. Key in streamlining the production and distribution process, AGVs automate routine tasks, reduce human error risk, and can significantly scale up efficiency.
The Intersection of AGVs and Air and Gas Compressor Manufacturing
Air and gas compressor manufacturing is witnessing substantial progress, bearing testament to the incredible potential of AGVs in this sector. Latest reports anticipate the global air and gas compressors market will grow with a CAGR of 3.48% from 2020 to 2024. AGVs can revolutionise this sector by automating the manufacturing process, improving component handling, and reducing manual labour. Robust, accurate, and safe, AGVs are becoming essential in compressors' delicate assembly and testing processes. Their implementation could lead to a remarkable increase in productivity and reduction in production time.
Key Takeaways
- The AGV market is expected to expand to over $7 billion by 2027, with a CAGR of over 15%
- The air and gas compressor market will experience a CAGR of 3.48% between 2020 and 2024
- AGVs can increase efficiency, accuracy, and safety in manufacturing processes, proving crucial in air and gas compressor production
3Laws Robotics: Optimising Robotics Safety and Reliability
To support the integration of AGVs in air and gas compressor manufacturing, 3Laws Robotics is developing ground-breaking software to strengthen safety and reliability of robotic systems. A primary focus is addressing the certification challenge, a major pain point for robotics companies.
The software, 3Laws Supervisor, is designed to simplify this process by offering robust safety features and evidence of system robustness, potentially easing the certification path. It’s constructed on Control Barrier Functions (CBFs), a technology developed at Caltech that provides mathematically provable safety.
3Laws has proven use cases across multiple industries and applications. In warehouse automation, they helped an autonomous forklift customer achieve a 40% efficiency gain, resulting in a 6-month payback period. Their software enables safe and uninterrupted operation of robots around humans, filling a growing need for collaborative robotics solutions.
Adaptable and able to work with a vast range of platforms, including mobile robots, cars, drones, and manipulators, 3Laws is compatible with popular robotics middleware such as ROS and ROS2. Consider 3Laws as a next-generation safety solution that goes beyond traditional e-stop methods, offering a proactive approach to safety. This dynamic, predictive safety aims to unlock the full potential of robotics, and can be safety certified for ISO 3691-4 and ISO 26262.