Rockwell Automation Drives Innovation with Clearpath Robotics Acquisition

Rockwell Automation, the world’s leading company in industrial automation and digital transformation, has acquired Clearpath Robotics Inc., a top innovator in autonomous robotics. Clearpath Robotics, based in Ontario, Canada, is known for its work in autonomous mobile robots (AMRs), a growing field in industrial applications. This acquisition strengthens Rockwell’s position in autonomous technology, boosting its capabilities in both industrial and research sectors.

A Clearpath Robotics mobile autonomous robot

AMRs Revolutionize Manufacturing Operations

Clearpath Robotics is renowned for its AMRs, which are reshaping manufacturing by improving productivity and safety. Rockwell aims to lead the development of AMRs across various industries. By adding these robots to its portfolio, Rockwell enhances its capabilities in autonomous technology, driving efficiency and safety in production environments.

Blake Moret, Chairman and CEO of Rockwell Automation

Blake Moret, Chairman and CEO of Rockwell Automation, commented, “We’re excited to welcome Clearpath Robotics and OTTO Motors to Rockwell. This acquisition marks a key moment for our customers globally. We’re simplifying material handling in manufacturing and providing a comprehensive logistics solution, which is vital for optimizing operations and realizing the Connected Enterprise.”

Accelerating Innovation in Industrial Automation

The acquisition also includes Clearpath’s research division, known for developing cutting-edge autonomous technologies, and OTTO Motors, its industrial division. OTTO Motors is a leader in AMRs, helping manufacturers boost productivity and ensure safety.

Now, both divisions will report to Rockwell’s Intelligent Devices operating segment. This integration will help Rockwell lead the way in advancing AMRs, offering full digital transformation solutions to manufacturers.

Why AMRs Matter for Manufacturers

Amar Mehta, EY Americas Strategy and Transactions Advanced Manufacturing Leader, highlighted how AMRs connect different automation systems. “AMRs are often the final piece manufacturers need to achieve autonomous production logistics, creating immense value for both manufacturers and their customers,” Mehta explained. “With this acquisition, Rockwell is now able to provide end-to-end solutions for digital transformation.”

Amar Mehta, EY Americas Strategy and Transactions Advanced Manufacturing Leader

Demonstrating Innovation at Rockwell’s Automation Fair

Rockwell will showcase OTTO Motors at its upcoming Automation Fair in Boston, from November 6-9. Attendees will get the chance to see how AMRs improve efficiency and safety in manufacturing. This event will highlight the value of AMRs in helping businesses stay competitive in an increasingly automated industry.

According to Interact Analysis, the AMR market is expected to grow significantly. Projections show a 30% annual growth rate over the next five years, with the market reaching US$6.2 billion by 2027.

Strategic Growth in the AMR Market

This acquisition allows Rockwell to take advantage of the rapid growth of AMRs. It enhances the company’s ability to drive its fiscal year 2024 revenue growth. By integrating Clearpath’s technology, Rockwell helps its customers improve both productivity and safety, positioning itself as a leader in the autonomous robotics space.

In conclusion, Rockwell’s acquisition of Clearpath Robotics reinforces its commitment to driving industrial automation and digital transformation. By integrating autonomous technologies into its portfolio, Rockwell continues to innovate and provide customers with the tools they need to excel in modern manufacturing.