The Global Artificial Intelligence in Manufacturing Market is expected to grow from USD 5.9 billion in 2019 to USD 40.01 billion by the end of 2025, at a CAGR of 46.56%. Automotive accounts the largest share in the industry segment with around 26.15% market share in global AI in the […]
Robotics & Automation
A medical robot is a robot that allows surgeons greater access to areas under operation using more precise and less invasive methods. They are in most tele manipulators, which use the surgeon’s actions on one side to control the “effector” on the other side. Types of Medical Robots Surgical robots These robots either […]
The digital transformation in manufacturing market was valued at USD 263.93 billion in 2019 and is expected to reach USD 767.82 billion by 2025, at a CAGR of 19.48% over the forecast period 2020 – 2025. The United States and China were the two largest geographic markets for Digital spending, […]
Globally, China is the hot spot of Robotics activity and seems to be witnessing the fastest growth in the industry. According to the China Robot Industry Alliance, about 37,000 robots were sold in China in 2013 making it the world’s biggest buyer of robots for the first time defeating Japan. Although almost three-fourths of total […]
RPA is an advanced technology which makes use of robots (automation program) in performing certain highly repetitive and high volume business process with great precision. Overview Automation in manufacturing has helped in cost saving by way of reduction in labor and operational efficiency ever since its adoption on production floors. […]
Will the large Building automation players miss out on the home automation revolution? Imagine This Imagine a truly connected home. Everything controlled by your smart phone. Security cameras that you can monitor from anywhere. Lights and Air conditioning that come on just before you enter the house, and go off once you are […]
Japan is globally leading in terms of operational industrial robots stock in the country and most of its robot market revenue are from industrial sector. As of 2018, Japan leads the segment with 20% of market share in manufacturing of industrial robots closely followed by US and China respectively. However […]
By 2025, the market value of industrial robotics in the US is expected to reach $7.42 billion at a CAGR of 10% during 2019-2025 period. Definition / Scope Market Overview Market Risks Market Trends Technology Trends Pricing Trends Regulatory Trends Other Key Market Trends Market Size and Forecast Market Outlook […]
Manufacturing Automation and Robotics Industry in Germany was valued at USD 16.7 billion in 2018. It is expected to grow at the CAGR of 10% within the forecasted time period of 2019-2024. It will reach USD 29.58 billion by 2024. Definition / Scope Market Overview Market Risks Top Market Opportunities […]
Globally, 115,000 logistic robots were installed in 2018, valued roughly USD 3.9 billion. Logistic robots are projected to increase considerably during 2019-21 to 485,000 units at a CAGR of 18%. Definition / Scope Market Overview Top Market Opportunities Market Trends Technology Trends Pricing Trends Other Key Market Trends Market Size […]