The global nursing robots market is projected to grow at a CAGR of 21.69% to reach US$1586.463 million (US$1.586 billion) by 2024, from US$488.484 million in 2018. Robotics in healthcare, with emphasis on nursing, is a lucrative market as it is attracting a lot of attention from researchers as well as investors. The nursing industry worldwide is facing some challenges with respect to high patient to nurse ratios, lack of skilled and experienced staff and insufficient time resources to monitor Read more...
The global wafer handling robots market is projected to grow at a CAGR of 9.52% during the forecast period of 2017 to 2023. Wafer handling robots are used for various applications including wafer cleaning, wafer packaging, and wafer cutting among many others. The major driving the demand for these robots are increasing factory automation expenditure and booming semiconductor industry. However, the cyclical nature of the semiconductor industry will impede on the growing demand for these robots. Read more...
Cobots is a short form for collaborative robots which are designed to aid human beings for specific tasks, which are highly complex in nature and require high precision. These robots work in a close association with humans. The robots can observe any unusual activity in their surroundings and can cooperate with humans without physical separation. Smaller, smarter, flexibility and user-friendly are some attributes which make cobots more attractive than industrial robots. Increasing competition in Read more...
Self Checkout System market is projected to witness a CAGR of XX.XX% during the forecast period to reach a total market size of US$XX.XX billion by 2023, increasing from US$XX.XX billion in 2017.This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the Read more...
Security Robots market is valued at US$1.174 billion in 2017 and is expected to grow at a CAGR of 9.73% over the forecast period to reach US$1.867 billion by 2022. This research study examines the Security Robots market on the basis of various segments - by type, components, and geography. Major drivers, restraints, and opportunities have been mentioned to provide an exhaustive picture of the market. Furthermore, the current market trends related to the demand, supply, and sales, in additi Read more...
Global self-service ticket machines market was valued at US$7.218 billion in 2017 and is projected to expand at a CAGR of 6.27% over the forecast period to reach US$10.397 billion by 2023. A self-service ticket machine operates as a ticket producing and dispensing machine, which helps a user to get the required tickets without waiting in a queue at the ticket counter. The self-service ticket machines can also be used to validate tickets which are used in situations when they have ben purchased i Read more...
Advancement in technology, declining prices of chips and sensors, and growing demand for automation and surveillance are some of the key factors that are propelling the growth of global robotics vision market. There is a high demand for this technology for material handling, packaging, and palletizing application owing to stringent regulations regarding workers’ safety. The increasing use of robotic vision solutions for efficient packaging, material handling, and quality check operations is sp Read more...
Mobile Robots Market is projected to witness a compound annual growth rate of 14.35% to reach a total market size of US$16.943 billion by 2022, from US$8.665 billion in 2017. Mobile robots refer to non-stationary robots that operate without human intervention. The major growth driving factor for this market is the increasing demand for mobile robots in various sectors such as logistics, warehousing, medical and healthcare, and defense. Optimizing business processes, resolving human constraints a Read more...
Industrial Robotics market is estimated to grow at a CAGR of 7.12% to reach US$57.024 billion by 2022, increasing from US$40.438 billion in 2017. Growing adoption of automation solutions across end-use industries due to rising labor costs and stringent regulations regarding workers’ safety is driving the industrial robotics market growth. Mounting need to make the entire supply chain smooth and flexible to bridge the supply-demand gap is further fuelling the demand for industrial robotics glob Read more...
Retail Automation Market is expected to grow at a compound annual growth rate of 14.85% over the period 2016 to 2021. Retail automation assists retailers to cut down cost and increase efficiency. Growth in retail industries, enhanced user experience, focus on business process optimization and availability of cheaper automation solutions are some of the factors boosting the market growth. Americas region accounted for the dominant maximum share of global retail automation market in 2015, followed Read more...
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