Robotics and the Future of Robotic Arms

Overview:

The future of robotics and robotic arms holds transformative potential on a global scale. Significant advancements in this field could impact various industries including manufacturing, healthcare, and consumer products. Predictions indicate global robot density in manufacturing industries is expected to reach 475 robots per 10,000 employees by 2025 and the rise of collaborative robots or cobots is on course to exceed $12 billion by 2025.

Future of Robotics:

The robotics field presents enormous potential for expansion and evolution. Currently, robot density in the manufacturing industry stands at 130 robotic units per 10,000 employees worldwide. This density is tipped to skyrocket, with estimates pointing towards a global density of 475 robots per 10,000 employees by 2025. This surge only scratches the surface of possibilities. The rise of Internet of Things (IoT) and advancements in artificial intelligence (AI) and machine learning (ML) will inevitably lead to more sophisticated and autonomous robots.

Collaborative Robots (Cobots):

Collaborative robots, or cobots, are designed to interact with humans in a shared workspace. According to estimates, the market size for cobots is expected to exceed $12 billion by 2025, demonstrating their pivotal role in the future of robotics. Cobots are expected to posit significant growth in the robotics market due to their flexibility, safety, affordability, and user-friendliness compared to traditional robots. This makes them suitable for small and medium-sized enterprises (SMEs) which were previously unable to afford robotics solutions.

Robotic Arms:

Robotic arms form a critical part of the robotics landscape. These machines are primarily used in manufacturing and surgical applications for precision tasks. The global market size for robotic arms was valued at approximately $16.68 billion in 2021 and is predicted to reach $39.08 billion by 2028. The rise could be attributed to the increased adoption of automated systems in various industries, quality control improvements, growing investments in automation, and innovations like lightweight robot arms for specialized tasks.

Key Takeaways:

• Robot density in the manufacturing industry is predicted to soar as high as 475 units per 10,000 employees by 2025.

• The market size for collaborative robots (cobots) may surpass $12 billion by 2025.

• The global robotic arms market valuation could reach up to $39.08 billion by 2028.

About 3Laws Robotics:

3Laws Robotics is shaping the future of robotics through cutting-edge software solutions designed to enhance the safety and reliability of robotic systems. Our innovative software, the 3Laws Supervisor, offers robust safety features and evidence of robustness, thereby simplifying the complex certification process – an existing pain point for robotic companies.

Our software is built on Control Barrier Functions (CBFs), a groundbreaking technology created at Caltech. This technology delivers mathematically provable safety and can adapt to a wide range of platforms such as mobile robots, cars, drones, and manipulators. Furthermore, it is compatible with popular robotic middleware including ROS and ROS2.

We achieve this by providing real-time guardrails for autonomy stacks, allowing the operation of robots closer to their peak capabilities while maintaining safety. We offer multiple use cases for our technology, spread across diverse applications and industries, including but not limited to warehouse automation, human-robot interaction, and dynamic environments.

In an autonomous forklift case, we provided a 40% gain in efficiency, resulting in a 6-month payback period. Besides, we enable uninterrupted operation of robots around humans, thereby meeting the increasing demand for collaborative robotic solutions. Our software's reactive collision avoidance features allow robots to navigate efficiently in unpredictable surroundings.

3Laws aims to define next-generation safety, going beyond traditional e-stop methods to offer a proactive approach to safety. We unlock the full potential of robotics with dynamic, predictive safety that can achieve safety certifications for ISO 3691-4 and ISO 26262. This approach to safety ensures minimal downtime, resulting from unnecessary e-stops or collisions and maximizes operational efficiency.