As per TechNavio, the major industrial robot companies in 2019 are: – Fanuc- The market share of the company recorded in 2019 is 17.5%. The net sales recorded in 2019 was 5.91 US million-dollar, slight drop from 2018 net sales (6.76 US million dollars). Robot by Fanuc was sold for 2.02 US million dollars, FA by Fanuc was sold for 1.97 US million dollars, Robomachine … Continue reading Who were the major industrial robot companies in 2019?

SCARA is an abbreviation for Selective Compliance Assembly Robot Arm or Selective Compliance Articulated Robot Arm. The market value of SCARA robots is in billion US dollars. In 2021, the market size of the SCARA robot is expected to be 9.26 billion US dollars. In 6 years, time frame, the market size is expected to be growing to 14.78 billion US dollars. In my opinion, … Continue reading What is the global size for SCARA robot forecasted in the market?

Have you ever wondered of investment in industrial robots’ sectors? Do you think your investment will give you good return not just in terms of currency but also capturing the market segment leading you to become one of the pioneers in such sectors? Well, I think there is a possibility for you to delve into the depth of such powerful machinery industry and provide a … Continue reading Do you know the global market size for industrial robots in 2025?

As per a survey by IFR, the industrial robots have been sold over 300 thousand units from 2017. The demand is quite high across the world and the sales has been progressively higher around the different market. The major countries with demand for industrial robots were US, China, Japan, South Korea and Germany. In my opinion, the demand of industrial robots being high in China, … Continue reading Are industrial robots demanding in the market?

So, are you interested in investing in Industrial robots and jump into the market to invest or buy an industrial robot for industrial or manufacturing purpose? As per a survey by Ark Invest, The average cost of industrial robots in 2005 was 68,659 US dollars but with the increasing competition and new edge technologies, the price has gone down over the years and somewhat affordable … Continue reading Do you know the average cost of an Industrial robot in 2025?

A survey conducted in Germany, shows the result for what reasons Germans use the digital voice assistants in the market. The majority of them agreed that it makes life easier than the regular ones. So, the apps which makes the life to flow smoothly without any burdensome is something the Germans look forward in the technological sector of the market. The least number of Germans … Continue reading Why do you use digital voice assistants in the market?

As per the survey by Tractica, the market for virtual digital assistant in 2021 is expected to be 11,860.6 million US dollar. The market is shown growing three times higher than its previous years and yielding more revenues. In 2019, the market revenue was 5,314.1 million US dollars whereas in 2020, it was 8,728 million US dollars. The market of virtual digital assistant also shows … Continue reading Is virtual digital assistant market valuable?

As the business application market is growing over the time, so does the usage and its various products. Global speech recognition system, one of the AI products is scoring high in the worldwide market. As per the survey by Tractica, the market was estimated to be worth of 7,124.97 million US dollar in 2024. Over the time period from 2021 till 2024, the market volume … Continue reading Is global speech recognition market valuable?

As the world is taken over by the various applications of AI. The technology is not just limited to the science world or to the tech industries but has been incorporated in the world of business through various applications. The AI’s business application is widespread and need not be underestimated. In the field of AI, the forecasted revenue of business enterprise applications in 2025 is … Continue reading Will you invest in AI’s business applications?