The global food robotics market is anticipated to grow at a considerable CAGR of 12.6% during the forecast period. Robots have been widely adopted across an array of industries resulting in safer working environments, consistently higher quality products and improved economics for operators, which is creating demand for food robots in the organizations. The food industry is […]
Category Archives: Technology
The global Educational Robot market is anticipated to grow at a considerable CAGR of 14.9% during the forecast period (2022-2028). Robotics and machine learning (ML) are increasingly being used in education to advance student learning through one-to-one support, adaptive learning algorithms, and immediate feedback mechanisms within K12 schools. Educational robots can use ML algorithms to adapt to […]
The global data loss prevention market is anticipated to grow at a considerable CAGR of 22.4% during the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the […]
The global cleaning robot market is anticipated to grow at an exponential CAGR of 22.4% during the forecast period. The rising usage of cleaning robots pushed many companies to adopt the latest technology such as artificial intelligence (AI) technology in their cleaning robots to innovate their products. AI-based cleaning robots support identifying cleaning areas and distinguishing between […]
The global aviation asset management market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. The growing number of air passengers and growing imports & exports for business are contributing to the growth of the aviation asset management market across the globe. According to the United Nations Conference on Trade and Development […]
The global automatic platform screen doors market is anticipated to grow at a considerable CAGR of 7.1% during the forecast period. Technologies such as AI, IoT, and 5G are poised to drastically transform public transportation, in terms of efficiency, flexibility, and cost-effectiveness. The growing implementation of automation, IoT, and digital tools on the platform for remote accessing […]
The global robotic process automation (RPA) market is anticipated to grow at a considerable CAGR of 31.6% during the forecast period. The growing demand and requirement for RPA in banking and other financial institutions are boosting the growth of the market during the forecast period. RPA assists banks and other departments associated with banks to automate repetitive […]
The global retail robotics market is anticipated to grow at a considerable CAGR of 29.9% during the forecast period. Startups and other key players are focusing on launching new products for specific applications among the market is fueling the growth. Such product launches majorly focuses on offering improved capabilities to improve productivity efficiently positively supporting market growth […]
The global mild hybrid vehicles market is anticipated to grow at a considerable CAGR of 8.9% during the forecast period (2022-2028). One of the major factors contributing to the growth of the market is the rise in the number of vehicles to provide a 48V battery pack system in mild hybrid vehicles. For Instance, in January 2020, […]
The global low-frequency sound-absorbing insulation material market is estimated to grow at a CAGR of nearly 1.6% during the forecast period. Noise is associated with the annoyance experienced by humans owing to the machines and appliances used in everyday activities. Sound is the propagation of a disturbance in a fluid or solid; a wave motion […]