Global agriculture robots market driven by ‘high population growth and food shortages’

The global market for agricultural robots is forecast to exceed $5 billion by 2024, according to a report. 

The Global Agriculture Robots Market Report, published by Variant Market Research, predicts the global market will reach $5,214 million by 2024 from $968 million in 2016 – growing at an annual rate of 23.4 per cent from 2016 to 2024.

By geography, Asia Pacific and rest of the world are expected to grow at 24.7 per cent and 24.1 per cent respectively, during the forecast period.  Continue reading Global agriculture robots market driven by ‘high population growth and food shortages’

Surgical robotics market forecast to reach $30 billion globally by 2020

The global sales of surgical robotic systems is projected to reach $6.4 billion by 2020.

This is according to a new report by Allied Market Research, titled, World Surgical Robotics Market – Opportunities and Forecasts, 2014-2020.

The gynecology application segment accounted for 28 per cent share of the surgical robotic systems market share in 2014, and is expected to maintain its dominance during the forecast period.  Continue reading Surgical robotics market forecast to reach $30 billion globally by 2020