forecast

ZVerse and Forecast 3D form partnership for CAD as a service

February 7, 2020 by David Edwards Leave a Comment

ZVerse, developer of a “CAD as a service” platform for digital manufacturing, has partnered with Forecast 3D, a fastest-growing digital manufacturer, to provide ZVerse’s CAD as a Service platform to Forecast 3D’s customers.

This strategic partnership will give Forecast 3D customers direct access to the CADaaS platform on the Forecast 3D website.

It will make ZVerse’s AI-enabled system and network of certified 3D designers available to customers of Forecast 3D. [Read more…] about ZVerse and Forecast 3D form partnership for CAD as a service

Surgical robots market driven by technological advancements and increase in purchasing power of hospitals

January 26, 2020 by David Edwards Leave a Comment

The global market for surgical robots market is being driven by ongoing technological advancements in the sector as well as the increasing purchasing power of hospitals.

This is according to the latest market intelligence study by Transparency Market Research, entitled Surgical Robots Market.

The global surgical robots market was valued at approximately $4.2 billion in 2018 and is projected to expand at an annual growth of 13 per cent from 2019 to 2027. [Read more…] about Surgical robots market driven by technological advancements and increase in purchasing power of hospitals

Demand for robots to surge in electronics industry, says report

August 31, 2019 by Mai Tao

The demand for articulated robots is forecast to surge in line with increasing applications in the electronics industry, according to a report by FMI.

The research company forecasts the global industrial robotics market to see substantial growth over the forecast period due to multiple driving factors such as the adoption of internet of things in industries and growing digitalization of manufacturing industry across geographies.

The global industrial robotics market was valued at approximately $17 billion in 2018 and is estimated to increase at annual growth of approximately 18 per cent between the forecast periods of 2019 and 2029. [Read more…] about Demand for robots to surge in electronics industry, says report

Report: Annual edge AI processor shipments forecast to reach 1.5 billion units by 2023

June 7, 2019 by Anna

In its first forecast of Artificial Intelligence (AI) edge processors, market intelligence firm International Data Corporation (IDC) estimates that worldwide shipments of AI-optimised processors for edge systems will reach 340.1 million units in 2019, an increase of 170% over 2018.

By 2023, IDC expects the market will reach unit shipments of 1.5 billion and achieve a five-year compound annual growth rate (CAGR) of 64.9%.

The emergence of AI is upending the microprocessor market.

Infographic: How AI is streamlining the supply chain

April 18, 2019 by David Edwards

Noodle AI has produced an infographic to show how artificial intelligence is changing commerce

Artificial intelligence is everywhere. In fact, you may have interacted with it today and you didn’t even know it.

AI can streamline a lot of our daily business operations, freeing us up to tackle more difficult tasks.

Within the world of e-commerce, AI may be the key to streamlining the supply chain. [Read more…] about Infographic: How AI is streamlining the supply chain

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

July 20, 2017 by David Edwards

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. [Read more…] about Global agriculture robots market driven by ‘high population growth and food shortages’

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

February 29, 2016 by Sam Francis

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. [Read more…] about Surgical robotics market forecast to reach $30 billion globally by 2020