Tag: fact.mr
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Demand for robot vision system set to surpass $7 million by 2033
The global robot vision system market is likely at $2,690.4 million in 2023 and expected to grow at a compound annual growth rate of 10.4 percent during the forecast years of 2023-2033, according to a report by Fact.MR. In order to improve job efficiency and replace human labour, the market for robots is rising and…
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Automated storage and retrieval systems market forecast to see significant growth
The automated storage and retrieval systems market is expected to grow at an annual growth rate of 7.6 percent during the period 2018-2028, according to a report by Fact.MR. North America is likely to maintain its lucrativeness in the automated storage and retrieval systems market, accounting for nearly 30 percent revenue share of the global…
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Automotive paint robots market seeing ‘impressive growth’, says report
The automated paint robots market traced an “impressive growth graph”, with the in revenues in 2018 estimated at over $680 million, according to a new Fact.MR study. A variety of factors continue to influence prospects of the market, which range from integration of real-time diagnostics and precise paint control to intelligent modernization paint workshops for…
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Automated storage and retrieval systems market to witness double-digit growth in Asia
The automated storage and retrieval systems market is expected to grow at an annual rate of 7.6 percent during the period 2018-2028, according to a report by Fact.mr. North America is likely to maintain its lucrativeness in the automated storage and retrieval systems market, accounting for nearly 30 percent revenue share of the global market…