About Clearpath Robotics
Clearpath Robotics is a global robotics company dedicated to automating jobs with intelligent service robots. It provides robot hardware, software, and services to enable robot development, deployment, and operation, serving markets that span industrial materials handling, mining, military, agriculture, aerospace, and academia. The company was founded in 2009 and is based in Kitchener, Canada. In September 2023, Clearpath Robotics was acquired by Rockwell Automation. The terms of the transaction were not disclosed.
Clearpath Robotics's Product Videos
Clearpath Robotics's Products & Differentiators
OTTO 100 is an industrial strength autonomous mobile robot (AMR) that safely moves boxes, bins, carts and other lightweight payloads up to 150 kg to increase materials handling throughput in factories and warehouses.
Research containing Clearpath Robotics
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Clearpath Robotics in 2 CB Insights research briefs, most recently on Sep 28, 2023.
Expert Collections containing Clearpath Robotics
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Clearpath Robotics is included in 7 Expert Collections, including Construction Tech.
Companies in the construction tech space, including additive manufacturing, construction management software, reality capture, autonomous heavy equipment, prefabricated buildings, and more
Agriculture Technology (Agtech)
Companies in the agtech space, such as equipment manufacturers, surveying drones, geospatial intelligence firms, and farm management platforms
Supply Chain & Logistics Tech
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.
Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability
Job Site Tech
Companies in the job site tech space, including technologies to improve industries such as construction, mining, process engineering, forestry, and fieldwork
Clearpath Robotics Patents
Clearpath Robotics has filed 86 patents.
Wireless networking, Wireless locating, Autonomous cars, Fleet management, Tracking
Wireless networking, Wireless locating, Autonomous cars, Fleet management, Tracking
Latest Clearpath Robotics News
Nov 22, 2023
News provided by Share this article Share toX NEW YORK, Nov. 22, 2023 /PRNewswire/ -- The smart robots market size is expected to grow by USD 13.22 billion between 2022 and 2027. However, the growth momentum of the market will progress at a CAGR of 19.5% during the forecast period. The market is segmented by product (professional service robots, personal service robots, and collaborative robots) and geography (APAC, Europe, North America, South America, and Middle East and Africa). The technological advances in smart robots drive market growth. Smart robots include decision-making capabilities that are related to operations and can solve issues that occur in the assembly and manufacturing processes. In addition, some of the smart robots can work in collaboration with human labor to perform different tasks such as order pick and place, packaging and palletizing, machine tending, and quality inspections. Hence, such factors drive the market growth. The report analyses the market size and growth and provides accurate predictions on the growth of the market. View a PDF Sample Key Highlights: The report recognizes the following as some of the key players in the smart robots market: ABB Ltd., Clearpath Robotics Inc., Ecovacs Robotics Co. Ltd, FANUC Corp., HANSON ROBOTICS Ltd., Husqvarna AB, Kawasaki Heavy Industries Ltd., L3Harris Technologies Inc., MIDEA Group, OMRON Corp., QinetiQ Ltd., Rethink Robotics GmbH, Robert Bosch GmbH, Samsung Electronics Co. Ltd., Yaskawa Electric Corp., Amazon.com Inc., Dyson Technology India Pvt. Ltd., Gaussian Robotics Pte Ltd., LG Electronics Inc., and Ubtech Robotics Inc Smart Robots Market is fragmented in nature. Market to observe 17.23% YOY growth in 2023. Market Dynamics: Trend The increase in the number of M&A activities is an emerging trend in the market. In order to capitalize on the increasing implementation of smart robots, companies have increased their emphasis on the development and introduction of advanced smart robots. As a result, companies are entering into strategic alliances, including M&A, with market participants, such as technology providers, robot manufacturers, and component suppliers. Hence, such factors drive the market growth. Challenges The high cost of smart robots is a significant challenge hindering market growth. Several companies have increased their focus on automating their functions such as security, painting, material transfer, machine tending, and quality inspection due to rapid digitalization. In addition, smart robots comprise hardware such as sensors, actuators, power sources, controllers, and software that enables smart robots to perform the assigned tasks which is expensive. Hence, such high costs hinder the market growth. The report also covers information on upcoming trends and challenges. Explore detailed information by purchasing a report Key Segments: The market share growth of the professional service robots segment is significant during the forecast period. Professional service robots are utilized to perform commercial tasks including cleaning public places, product delivery, and food delivery, excluding tasks performed in manufacturing facilities. Furthermore, in the last five years, the demand for professional service robots has grown rapidly, with end-users such as airports, retail shops, and hotels deploying these robots. Hence, such factors are expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period. Get a glance at the market contribution of the segments, Request a Sample Report Related Reports: The Global Humanoid Robot Market size is estimated to grow at a CAGR of 53.45% between 2022 and 2027. The size of the market is forecast to increase by USD 16,055.32 million. The steering robot market size is estimated to grow at a CAGR of 8.25% between 2022 and 2027. The market size is forecast to increase by USD 65.94 million. Smart Robots Market Scope Key companies profiled ABB Ltd., Clearpath Robotics Inc., Ecovacs Robotics Co. Ltd, FANUC Corp., HANSON ROBOTICS Ltd., Husqvarna AB, Kawasaki Heavy Industries Ltd., L3Harris Technologies Inc., MIDEA Group, OMRON Corp., QinetiQ Ltd., Rethink Robotics GmbH, Robert Bosch GmbH, Samsung Electronics Co. Ltd., Yaskawa Electric Corp., Amazon.com Inc., Dyson Technology India Pvt. Ltd., Gaussian Robotics Pte Ltd., LG Electronics Inc., and Ubtech Robotics Inc Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. ToC: About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts
Clearpath Robotics Frequently Asked Questions (FAQ)
When was Clearpath Robotics founded?
Clearpath Robotics was founded in 2009.
Where is Clearpath Robotics's headquarters?
Clearpath Robotics's headquarters is located at Kitchener.
What is Clearpath Robotics's latest funding round?
Clearpath Robotics's latest funding round is Acquired.
How much did Clearpath Robotics raise?
Clearpath Robotics raised a total of $79.79M.
Who are the investors of Clearpath Robotics?
Investors of Clearpath Robotics include Rockwell Automation, Mitsubishi Electric, RBR50 Robotics Innovation Awards, BDC Capital, McRock Capital and 15 more.
Who are Clearpath Robotics's competitors?
Competitors of Clearpath Robotics include GreyOrange, Magazino, Seegrid, 6 River Systems, MOV.AI and 7 more.
What products does Clearpath Robotics offer?
Clearpath Robotics's products include OTTO 100 and 4 more.
Compare Clearpath Robotics to Competitors
Locus Robotics designs and builds autonomous mobile robots that work collaboratively alongside workers in the logistics and fulfillment industries. It develops autonomous mobile robots that operate collaboratively with human workers to improve piece‐handling, case-handling, and pallet-moving productivity. The company was founded in 2014 and is based in Wilmington, Massachusetts.
Geek+ specializes in smart logistics, operating primarily in the robotics industry. The company offers a range of autonomous mobile robots that handle tasks such as picking, sorting, and industrial material handling, providing solutions for logistics and warehouse automation. It primarily serves sectors such as e-commerce, apparel, retail, logistics, pharmaceutical, and manufacturing. The company was founded in 2015 and is based in Beijing, China.
GreyOrange focuses on providing automated robotic fulfillment and inventory optimization solutions in the logistics and retail sectors. Their main services include offering automated solutions for warehouse operations and retail stores, which help increase productivity, mitigate labor challenges, and reduce risk. These solutions are powered by artificial intelligence and are designed for warehouse performance and drive shopper engagement in retail stores. It was founded in 2012 and is based in Roswell, Georgia.
Opex Corporation is a company that focuses on automation technology in the warehouse and document/mail sectors. The company offers services such as warehouse automation, ecommerce fulfillment, document imaging, digital mail, and medical record digitization, all aimed at improving workflow and driving efficiencies in infrastructure. Opex Corporation primarily serves sectors that require automation solutions, such as the ecommerce industry and the document and mail processing industry. It was founded in 1973 and is based in Moorestown, New Jersey.
Bleum Robotics produces advanced robotic systems designed to automate large scale warehouses and factories. Bleum designs, builds and implements a completely integrated solution including the robots, the software, the pick stations and they also provide the consultants to implement and adapt the system to a client's production environment.
Scallog is a company that specializes in logistics robotics within the technology and logistics industries. The company offers advanced software and hardware technologies that optimize order preparation for e-commerce and industrial specialists, with a focus on automating warehouses. The main products include mobile robots that can lift and transport storage shelves to different picking stations, and software solutions that allow real-time tracking and organization of inventory. Scallog primarily serves the e-commerce, retail, and industrial sectors. It was founded in 2014 and is based in Nanterre, France.