The automated storage and retrieval system (AS/RS) market is expected to witness a CAGR of 10.18% during the forecast period 2019-2024, according to a study published by Mordor Intelligence, Boston.

The robotics revolution is rapidly accelerating, as fast-paced technological advances in automation, engineering, energy storage, artificial intelligence and machine learning converge continue to transform the capabilities of robots and their ability to take over tasks once carried out by humans.

Robotic process automation (RPA) software revenue grew 63.1% in 2018 to $846 million, and is expected to bring in revenue reaching $1.3 billion in 2019, making it the fastest-growing segment of the global enterprise software market, according to Gartner, Inc., Stamford, Conn.

Zebra Technologies Corp., Lincolnshire, Ill., announced the results of its “2024 Warehousing Vision Study,” which analyzes IT and operations decision makers’ current and planned strategies for modernizing their warehouses, distribution centers and fulfillment centers.

Amid a booming economy, United States Business Logistics Costs (USBLC) rose 11.4% to reach $1.64 trillion, or 8% of 2018’s $20.5 trillion gross domestic product (GDP).

QComp Technologies announced plans to add a 10,000-square-foot addition to its production facility in Greenville, Wis.

LORD Corp., Cary, N.C., partnered with Clearpath Robotics, Canada, to bring inertial sensors to the Clearpath research robot platform to enhance autonomous capabilities.