AGV Fleet: Driving Precision Parts Industry Growth
Other - Mixed
The precision parts market witnessed substantial growth in recent years, reaching $913.58 million in 2021 and is anticipated to exceed $1,721.02 million by 2028, with a projected CAGR of approximately 8.41% during the forecast period from 2021 to 2028. In 2022, the industry size for precision parts stood at $142.35 billion. The global surge in demand for precision parts is attributed to the increasing prevalence of industrial automation, particularly in sectors such as healthcare and medical devices, coupled with a continual focus on integrated and scalable products. The industry is experiencing a significant shift towards digitization and automation on production lines worldwide.
Moreover, with the burgeoning sales of electric cars, totaling 2.3 million units in the first quarter of 2023, key precision component vendors have expanded their manufacturing capacities for engines, transmissions, and propulsion components in both hybrid and traditional electric vehicles through the implementation of intralogistics automation solutions.
VisionNav x Precision Parts Industry
Our client, a prominent global supplier of precision parts, specializes in stainless steel kitchenware, pipes and valves, machinery, automobiles, home hardware, and other metal accessories. Recognizing the imperative to stay competitive in an era of intralogistics upgrades, they have invested in advanced equipment and systems to ensure the highest quality in their products. Additionally, they are committed to sustainability, exemplified by the transformation of their factory into a fully automated warehouse for efficient and eco-friendly operations.
The implementation of VisionNav's solution involves the deployment of multiple VisionNav VNSL14 pallet stacker autonomous forklifts, complemented by the Central Control System(RCS) and an inventory management system. This comprehensive setup, interconnected with external devices such as roller lines, robotic arms, and height measurement gates, enables seamless automation of warehousing and retrieval processes for packaging materials, semi-finished products, production line processing, and finished product storage.
Employees use PDAs to transmit information such as height, specifications, and quantity to the Robot Control System (RCS).
The RCS issues a warehouse entry command to the VNSL14 Pallet Stacker, which autonomously retrieves the packaging materials or semi-finished products and transports them to the designated storage location.
Upon material demand on the production line, employees communicate requirements to RCS through PDAs.
The system schedules the VNSL14 to pick up materials from the warehouse and transport them to the designated processing area. After processing, VNSL14 recycles empty pallets to the designated storage area.
Finished Product Warehousing
The VisionNav RCS is integrated with the robotic arm system.
Upon completion of stacking by the robotic arm, the system dispatches the VNSL14 to pick up the finished products and transport them to the corresponding finished product warehouse, completing the entire process.
Following the integration of VisionNav's intralogistics automation solution, the RCS interfaces seamlessly with on-site ERP, robotic control, and other systems. This integration achieves a paperless flow of data and information for packaging materials, semi-finished products, and finished products, as well as logistics information. The information is automatically synchronized in the cloud and stored locally, facilitating real-time tracking of material status and storage locations for clients. The VNSL14 autonomous forklift replaces manual counterparts in repetitive material handling, warehouse entry, and exit operations, reducing labor costs, upgrading production lines, accelerating manufacturing transformation, and ultimately aiding clients in establishing a modernized and sustainable factory.