By Nick Gilbert
Following last-week’s presentation of new ideas at the Shanghai International Robot Show, Quantum International, a robotics company, will carry out discussions with Chinese robotics innovators.
This event was hosted with intent to bring some of Asia’s advanced roboticists to China for implementing emerging robotics innovation in the leading manufacturing market.
According to an analyst at Hong-Kong based Daiwa Capital Markets, Christine Wang, the value of the global industrial robot-system market will increase two-fold with a value of $41 B by 2020.
According to Federowicz , Asia serves to be a platform for robotics innovation. China is known for its manufacturing potential. Increase in wages has made manufacturers to turn to industrial robots. Several plans by leading companies were presented during the Shanghai show. Quantum International will progress with new potential partnerships for expanding business footprint in China. The Shanghai show was an introductory event for further expansion and innovation.
Quantum is focusing and investigating new robotics targets on a world-wide basis. The company has completed signing a letter of intent and has initiated due diligence toward a definitive agreement with the Poland-based Industrial Research Institute for Automation and Measurements (PIAP). Quantum anticipates rapid growth as it competes together with robotics companies such as AeroVironment, Honda Motor, and also with Apple in the near future.