Technology Advances Propel the Smart Meter, Robotics, and Generative Design Markets

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Jan 24, 2019, 10:43 ET

OYSTER BAY, N.Y., Jan. 24, 2019 /PRNewswire/ -- ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, announced significant findings in the M2M, IoT & IoE, Industrial, Collaborative and Commercial Robotics and Industrial Solution markets.

Global Smart Meter Revenue to Reach US$14 Billion by 2026
Water and gas meter shipments will see double-digit revenue growth over the next 5 years. "This is welcome news in a market where smart electricity shipments are contracting and greatly slowing growth of overall revenues across the entire metering segment," said Adarsh Krishnan, Principal Analyst at ABI Research. Read more.

Construction and Mining Represent the Next Frontier of Robotics Adoption
Modern robotics tend to be associated with either indoor environments like factories and warehouses or in the home. But there is a multitude of other, less structured, and more challenging environments where AMRs (autonomous motor robots) are only just beginning to proliferate. "Construction robots may be involved in specific tasks, such as brick-laying, painting, loading, and bulldozing, we expect hundreds of AMRs in the next 2 years, mainly doing haulage," said Rian Whitton, Research Analyst at ABI Research. Read more.

Engineering Productivity Drives Generative Design to Over 16 Million Users by 2030
The market for software with generative design tools will grow at a compound annual growth rate of 24% to reach US$44.5 billion for over 16 million seats in 2030. "Today, many engineers have started to use topology optimization tools, but design software tools have already evolved," said Pierce Owen, Principal Analyst at ABI Research. Read more.

About ABI Research

ABI Research provides strategic guidance for visionaries needing market foresight on the most compelling transformative technologies, which reshape workforces, identify holes in a market, create new business models and drive new revenue streams. ABI's own research visionaries take stances early on those technologies, publishing groundbreaking studies often years ahead of other technology advisory firms. ABI analysts deliver their conclusions and recommendations in easily and quickly absorbed formats to ensure proper context. Our analysts strategically guide visionaries to take action now and inspire their business to realize a bigger picture. For more information about ABI Research's forecasting, consulting and teardown services, visionaries can contact us at www.abiresearch.com.

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SOURCE ABI Research