Hahn Group

Robotics As A Service (RaaS) Market size to increase by USD 1.50 billion during 2022-2027, Rapid industrialization in developed countries to drive the growth - Technavio

Retrieved on: 
Friday, September 29, 2023

NEW YORK, Sept. 29, 2023 /PRNewswire/ -- The robotics as a service (RaaS) market size is expected to grow by USD 1.

Key Points: 
  • NEW YORK, Sept. 29, 2023 /PRNewswire/ -- The robotics as a service (RaaS) market size is expected to grow by USD 1.
  • However, the growth momentum of the market will progress at a CAGR of 18.29% during the forecast period.
  • They do so by including more online options that rely on using the Internet to interact with customers and solve the problems they face.
  • Hence, such factors drive the growth of the RaaS market during the forecast period.

Smart machines market size is set to grow at a CAGR of 18.7% by 2027, Evolving opportunities with Apple Inc., BAE Systems Plc. among others - Technavio

Retrieved on: 
Friday, February 24, 2023

The global smart machines market is fragmented, with the presence of several global as well as regional vendors.

Key Points: 
  • The global smart machines market is fragmented, with the presence of several global as well as regional vendors.
  • Apple Inc.: The company offers smart machines with mobile-first and cloud-first electronic health records under the brand Avenel.
  • BAE Systems Plc: The company offers smart machines named Google AI which provides various services such as AI lenses and AI research.
  • Cerner Corp.: The company offers smart machines called Amazon Web Services which provides IoT, machine learning, and AI technology.

The Global Autonomous Mobile Robots Market is forecast to grow by $5116.37 mn during 2022-2027, accelerating at a CAGR of 21.94% during the forecast period

Retrieved on: 
Tuesday, February 21, 2023

This study identifies the emergence of hybrid UMV systems as one of the prime reasons driving the autonomous mobile robots market growth during the next few years.

Key Points: 
  • This study identifies the emergence of hybrid UMV systems as one of the prime reasons driving the autonomous mobile robots market growth during the next few years.
  • Also, the emergence of IIoT and improvement in UGV hardware will lead to sizable demand in the market.
  • The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
  • Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Kitov.ai Combines 3D coverage, Intelligent Robotic planner and Deep Learning for KITOV Smart Visual Inspection Solutions

Retrieved on: 
Thursday, January 28, 2021

DUBLIN, Calif., Jan. 28, 2021 /PRNewswire-PRWeb/ --Israeli-based smart visual inspection company Kitov.ai introduces its KITOV ONE inspection system to North America.

Key Points: 
  • DUBLIN, Calif., Jan. 28, 2021 /PRNewswire-PRWeb/ --Israeli-based smart visual inspection company Kitov.ai introduces its KITOV ONE inspection system to North America.
  • "KITOV ONE allows manufacturers to easily deploy a trainable system that leverages both deep learning and traditional machine vision techniques to inspect any type of product."
  • Kitov also provides optional software tools to support the production process including the Kitov Smart Planner, Kitov Review Station, and Kitov Analytics.
  • Kitov.ai develops smart visual inspection solutions for a broad range of production lines and markets, including high-end electronics, automotive, medical devices, defense, and aerospace.

DGAP-News: avateramedical Acquires Robotics Specialist FORWARDttc

Retrieved on: 
Friday, August 14, 2020

Jena, Hanover, Germany, August 14, 2020 - avateramedical GmbH, an innovative German medical technology company, announced today the acquisition of FORWARDttc GmbH, an automation technology company with special focus on robotics hard- and software.

Key Points: 
  • Jena, Hanover, Germany, August 14, 2020 - avateramedical GmbH, an innovative German medical technology company, announced today the acquisition of FORWARDttc GmbH, an automation technology company with special focus on robotics hard- and software.
  • Following successful integration, FORWARDttc will operate within the Group as avateramedical Digital Solutions, alongside the previously acquired avateramedical Mechatronics in Ilmenau, Germany.
  • The founders have already successfully completed several medical robotics projects and are leading a team of 13 full-time employees.
  • "The entire team at FORWARDttc is thrilled to join forces with avateramedical," added Prof. Tobias Ortmaier, co-founder of FORWARDttc and Managing Director of avateramedical Digital Solutions.

Global Industrial Robotics Market is Likely to Surpass US$ 24 Billion Mark by 2025 - ResearchAndMarkets.com

Retrieved on: 
Monday, January 27, 2020

The adoption of automation to ensure quality production and meet market demand, and the growing demand from small- and medium-scale enterprises in developing countries is fueling the growth of industrial robotics market globally.

Key Points: 
  • The adoption of automation to ensure quality production and meet market demand, and the growing demand from small- and medium-scale enterprises in developing countries is fueling the growth of industrial robotics market globally.
  • On the basis of segment, the automotive industry accounted for highest share of the industrial robotics market.
  • Chemical, rubber and plastics industry is the fourth largest market for industrial robotics market, while food industry accounted for least share of the global industrial robotics market.
  • The report titled Global Industrial Robotics Market and Volume Analysis by Application (Automotive Industry, Electrical/Electronics, Metal, Chemical, Rubber and Plastics, Food, Others, Unspecified), Geographical Distribution and Key Players Analysis - Forecast to 2025 provides a comprehensive assessment of the fast-evolving, high-growth Industrial Robotics Market.

Industrial Robotics Market Outlook to 2025: Market Size & Share, Technology Trends, Government Initiatives, Co-Bots, and More

Retrieved on: 
Thursday, January 23, 2020

The adoption of automation to ensure quality production and meet market demand, and the growing demand from small- and medium-scale enterprises in developing countries is fueling the growth of industrial robotics market globally.

Key Points: 
  • The adoption of automation to ensure quality production and meet market demand, and the growing demand from small- and medium-scale enterprises in developing countries is fueling the growth of industrial robotics market globally.
  • On the basis of segment, the automotive industry accounted for highest share of the industrial robotics market.
  • The market for industrial robotics in the electrical and electronics industry is probably the one most affected by the China-US trade crisis as Asian countries (e.g.
  • Chemical, rubber and plastics industry is the fourth largest market for industrial robotics market, while food industry accounted for least share of the global industrial robotics market.