Global Robotic Vision Market

The robotics technology refer to the engineering and operation of machines capable of performing physical tasks autonomously or semi-autonomously on behalf of humans. The primary goal of robotics is to build devices that work automatically and perform complex jobs faster and more efficiently than humans. Robotics can take on several forms and is used in various verticals to reduce errors, increase efficiency, and cut down the long work hours. The main types of robotic technologies are industrial robots, mobile robots, service robots, and others. An industrial robot is a mechanical machine that is programmed to perform production-related tasks automatically in industrial environments. The different components include hardware, software, and services that are applied to aerospace manufacturing, agriculture, automotive manufacturing, building maintenance, chemical and fuel processing, construction, consumer product manufacturing, and other end users. The robotics technology market research report is one of a series of new reports from The Business Research Company that provides robotics technology market statistics, including global market size, regional shares, competitors with a robotics technology market share, detailed robotics technology market segments, market trends and opportunities, and any further data you may need to thrive in the robotics technology industry. This robotics technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global robotics technology market size grew from $75.89 billion in 2022 to $88.8 billion in 2023 at a compound annual growth rate (CAGR) of 17.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The robotics technology market size is expected to grow to $155 billion in 2027 at a CAGR of 14.9%. The increasing shift towards automation is driving the growth of the robotic technology market. The increasing use of automation, artificial intelligence, and other technologies is altering how humans and machines interact. Many organizations have expanded automation to indicate that it will allow intelligent machines to make complex or mission-critical decisions. The use of automation is deployed across an enterprise and ecosystem to build a more adaptable business that can respond quickly and adopt new technological operating models. This shift towards automation from the traditional method has changed the market dynamics, leading to an increase in the adoption of robotics technology. For instance, according to a July 2020 survey of 1,500 executives from 21 industries in 26 countries conducted by IBM, a US-based technology corporation, 79% of organizations that are scaling intelligent automation expect their company to outperform the competition in terms of revenue growth. Furthermore, 75% of respondents indicated that their digital and automation projects add the most value to the company in the area of customer experience. Therefore, the increasing shift towards automation will drive the robotics technology market going forward. Technological development has emerged as a key trend gaining popularity in the robotics technology market. Robotics is useful in a wide range of manufacturing industries, including food, automotive, and aerospace. The market is witnessing the adoption of a wide variety of complementary technologies in robotics such as computer vision, natural language processing (NLP), speech recognition, edge computing, and others to ensure the safety and increase productivity, efficiency, quality, and consistency of products. For instance, in August 2020, Mitsubishi Electric India, a manufacturer of electrical and electronic products, launched MELFA ASSISTA, a series of collaborative robots. These robots can collaborate with humans while emphasizing more on safety features such as collision detection and adhering strictly to international safety and robotic standards ISO 10218-1 and ISO/TS15066. The MELFA ASSISTA series of collaborative robots includes the RT VisualBox programming tool, which enables the intuitive development of operational sequences by combining block diagrams into a chain of events. In July 2021, ABB Group, a European-based automation company, acquired ASTI Mobile Robotics Group for an undisclosed amount. This acquisition will broaden ABB's robotics and automation offering, allowing it to deliver a unique automation portfolio while expanding into new industry segments, making it the only company to offer a comprehensive portfolio. ASTI Mobile Robotics Group is a European-based manufacturer of the autonomous mobile robot (AMR). Major players in the robotics technology market are ABB Group, FANUC Corp, Kawasaki Heavy Industries Ltd., KUKA AG, Mitsubishi Electric Corp., Denso Corporation, Yaskawa Electric Corporation, Omron Corporation, Seiko Epson Corporation, Stäubli Robotics, Komatsu, Epson, Panasonic, Nachi Fujikoshi, and Adept Technology. Asia-Pacific was the largest region in the robotics technology market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the robotics technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the robotics technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The robotics technology market consists of revenues earned by entities by providing consumer robots and medical robots. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global robotics technology market is segmented - 1) By Type: Industrial Robots, Mobile Robots, Service Robots, Other Types 2) By Component: Hardware, Software, Service 3) By End User: Aerospace Manufacturing, Agriculture, Automotive Manufacturing, Building Maintenance, Chemical and Fuel Processing, Construction, Consumer Products Manufacturing, Other End Users

Robotics and automation actuators refer to a device that is used to transform energy into motion, which can be rotary or linear. The robotics and automation actuators aid in the movement of a robot, which frequently makes use of motors to turn the wheels of the robot, or a robot arm's joints, or to open or close a robot gripe. The main types of robotics and automation actuators are rotary actuators and linear actuators. The rotary actuators refer to the fluid power system output device that produces an oscillating movement over a restricted range in less than one complete circle revolution. The different actuations include electric, pneumatic, and hydraulic that is used for process automation and robotics applications. The several verticals involved are food and beverages, power generation, chemicals, paper and plastics, pharmaceuticals and healthcare, automotives, aerospace and defense, electronics and electrical, and others. The robotics and automation actuators market research report is one of a series of new reports from The Business Research Company that provides robotics and automation actuators market statistics, including global market size, regional shares, competitors with robotics and automation actuators market share, detailed robotics and automation actuators market segments, market trends, and opportunities, and any further data you may need to thrive in the robotics and automation actuators industry. This robotics and automation actuators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global robotics and automation actuators market size grew from $22.61 billion in 2022 to $26.13 billion in 2023 at a compound annual growth rate (CAGR) of 15.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The robotics and automation actuators market size is expected to grow to $46.07 billion in 2027 at a CAGR of 15.2%. The increasing demand for industrial robots is expected to propel the growth of the robotics and automation actuators market going forward. Industrial robots are mechanical systems or machines programmed to perform production-related activities autonomously in industrial settings. They are reprogrammable, employed for various applications, and are considered flexible automation. The electric actuator enables the industrial robots to constantly execute highly automated motion sequences with high precision and speed. For instance, according to the data published by the International Federation of Robotics, a Germany-based non-profit organization, in 2021, the actual installation of industrial robots reached 4.35 million units, with a 13% growth as compared to 2020. It is expected to reach 5.18 million units in 2024. Therefore, increasing demand for industrial robots is driving the growth of the robotics and automation actuators market. Technological advancement is a key trend gaining popularity in the robotics and automation actuator market. Major companies operating in the robotics and automation actuators sector are focused on developing technologically advanced solutions, including smart actuators, to strengthen their position. For instance, in October 2021, Ewellix, a Sweden-based manufacturer and supplier of linear motion solutions, launched a smart electro-mechanical actuator with expanded capability for use in agricultural and construction gear. The smart actuator offers four new or improved functions such as communication, built-in monitoring and diagnostics, precise position sensors, and in-control. In January 2022, Altra Industrial Motion Corp, a US-based company engaged in manufacturing motion control, power transmission, and automation products, acquired Nook Industries LLC for an undisclosed amount. This acquisition aims to expand the breadth of the linear products segment of Altra with the integration of the Nook business, into the automation and specialty segment of Altra Industrials. Nook Industries, LLC is a US-based industrial machinery manufacturing company specializing in precision ball screws, acme screws, screw jacks, and linear actuators. Major players in the robotics and automation actuators market are SMC Corporation, Rockwell Automation, Curtiss-Wright Corporation, ABB Group, Tolomatic, Thomson Industries Inc., SKF Motion Technologies, Moog Inc., MISUMI Group Inc., Macron Dynamics Inc., DVG Automation SpA, Flowserve, Festo Group, Harmonic Drive LLC, Cedrat Technologies, Venture Mfg. Co., and AUMA Riester GmbH & Co. KG. Asia-Pacific was the largest region in the robotics and automation actuators market in 2022. The regions covered in the robotics and automation actuator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the robotics and automation actuators market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The robotics and automation actuators market consist of sales of solenoid actuators, DC motor actuators, servo actuators, and stepper motor actuators. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global robotics and automation actuators market is segmented - 1) By Types: Rotary Actuators, Linear Actuators 2) By Actuation: Electric, Pneumatic, Hydraulic 3) By Applications: Process Automation, Robotics 4) By Vertical: Food And Beverages, Power Generation, Chemicals, Paper And plastics, Pharmaceutical And Healthcare, Automotive, Aerospace And Defense, Electronics And Electricals, Other Verticals

Milking robots are automatic milking systems or devices that milk the cattle without direct human labor and help in reducing cost, automating the milking process, and increasing efficacy by collecting data on the cattle. The milking robots are used to extract milk from the cattle without direct contact and collect data regarding the cattle. The main types of systems available in milking robots are single-stall units, multi-stall units, and automated milking rotaries. A single-stall unit refers to a milking robot that is a small milking robot with one stall, one technical room, and one robot arm. The various offerings include hardware, software, and services. The various herd sizes include those that are below 100, between 100 and 1,000, and above 1,000. The milking robots market research report is one of a series of new reports from The Business Research Company that provides milking robots market statistics, including global market size, regional shares, competitors with a milking robots market share, detailed milking robots market segments, market trends and opportunities, and any further data you may need to thrive in the milking robots industry. This milking robot market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global milking robots market size grew from $2.28 billion in 2022 to $2.6 billion in 2023 at a compound annual growth rate (CAGR) of 13.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The milking robots market size is expected to grow to $4.31 billion in 2027 at a CAGR of 13.5%. The increase in demand to reduce labour costs through automation is expected to propel the growth of the milking robot market going forward. Automation refers to the creation and application of various technologies to deliver any good or service with minimum human interaction and intervention. Milking robots that use automation can reduce labour costs by milking more cows in less time without requiring more labour to maintain a farm. For instance, in May 2022, Miltrim Farms, a US-based farm with 1800 cows, automated the farm by installing 30 box barn milking robots to decrease labor. The farm added 1,200 cows without adding any additional labor, and only six full-time employees run the 1800 farm. Therefore, increasing demand to reduce labour costs through automation is driving the growth of the milking robot market. Technological advancement is a key trend gaining popularity in the milking robot market. Major market players are creating innovative technologies for upgrading the older versions of machines in order to improve features, increase efficiency, and decrease cost and durability. For instance, in July 2021, GEA Group AG, a Germany-based manufacturer of milking robots, released the Edition 2021 of GEA DairyRobot R9500 and DairyProQ equipped with GEA's In-Liner Everything milking process technology, which is the most sustainable, reliable, comfortable, and fastest automatic milking system with numerous innovations such as the milking technology module, the In-Liner Everything milking process, the feeding trough, the milk filter, the supply unit, the receiver unit, and the robot arm. In October 2021, BouMatic, a US-based dairy equipment manufacturer, acquired SAC Group for an undisclosed amount. This acquisition helps BouMatic to expand globally with the addition of new suppliers and also helps BouMatic to provide its clients with world-class dairy farm solutions. SAC Group is a Denmark-based traditional and automatic milking system manufacturer operating in the milking robot market. Major players in the milking robot market are DeLaval, GEA Group AG, Lely Holding S.a.r.l., Fullwood Packo, Afimilk Agricultural Cooperative Ltd., Hokofarm Group B.V., Dairymaster , Paul Mueller Company, Rotec Engineering B.V., Pearson International LLC, Icerobotics Ltd., Milkplan SA, Milkomax Solutions laitieres, System Happel, and AMS Galaxy USA. Europe was the largest region in the milking robot market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this milking robot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the milking robot market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The milking robots market consists of sales of multistalle and monostalle cow milking robots, cleaning and disinfection system. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global milking robots market is segmented - 1) By System Type: Single-Stall Unit, Multi-Stall Unit, Automated Milking Rotary 2) By Offering: Hardware, Software, Services 3) By Herd Size: Below 100, Between 100 and 1,000, Above 1,000

Gantry robots, also known as cartesian or linear robots, refer to large systems composed of a manipulator attached to an overhead system that allows movement over a horizontal plane. These robots are also utilized in welding and other industries such as the automobile and food and beverage industries. The gantry robot is used to hold and position a wide range of end-effectors, including those used in PC board assembly, dispensing, spraying, material handling, assembling, packing, unitizing, sorting, scanning, and tray loading. The main types of gantry robots are open gantry robots and closed gantry robots. The open gantry robot is used to move heavy loads dynamically, quickly, and precisely. An open gantry robot refers to a system containing just one X-beam, and a carriage plate that supports a YZ2-axis robot rides on this beam. An open gantry has the advantage of utilizing less plant capacity and providing greater flexibility to suit the workflow. The different payloads include less than 50 kg, 51–350 kg, and more than 350 kg. The several applications include factory automation, miscellaneous manufacturing, packaging machinery, and others. The various industries include automotive, electrical and electronics, metals and machinery, plastics, rubber, and chemicals, food and beverages, precision engineering and optics, pharmaceuticals and cosmetics, and others. The gantry robots market research report is one of a series of new reports from The Business Research Company that provides gantry robots market statistics, including gantry robots industry global market size, regional shares, competitors with gantry robots market share, detailed gantry robots market segments, market trends and opportunities, and any further data you may need to thrive in the gantry robots industry. This anomaly detection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global gantry robot market size grew from $3.38 billion in 2022 to $3.67 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The gantry robot market size is expected to grow to $4.93 billion in 2027 at a CAGR of 7.7%. Increasing automation adoption is expected to propel the growth of the gantry robot market. The adoption of automation offers advantages such as enhanced productivity, more efficient material usage, better product quality, improved safety, shorter labor workweeks, and shorter manufacturing lead times. The adoption of automation frees up time and enables resource reallocation. Gantry robots have various applications related to scanning, digital printing, electronics assembly, AOI (Automatic Optical Inspection), and automation. Gantry robots are also used in welding, assembly, shipping, handling raw materials, and product packing. For instance, according to Windward Studios, a US-based reporting and document generation company for organizations of all sizes, from small businesses to Fortune 100 and government agencies, by 2023, 40% of big enterprise teams would embrace AI-augmented automation, boosting efficiency and scalability in IT departments. Also, businesses are expected to employ 70% more automation architects by 2025 than they did in 2020, up from 20%. Therefore, increasing automation adoption in various end-user industries is anticipated to propel gantry robot market growth over the coming years. The increase in automotive sector is expected to propel the growth of the gantry robot market going forward. The automotive sector includes businesses involved in the manufacture, distribution, retail, and upkeep of automobiles. In the automotive industry, gantry robots are used to improve all welding, assembly, and material handling processes. It is used in crucial areas in order to save time, enhance capacity, and shield workers from hazardous situations and monotonous work. For instance, according to the National Automobile Dealers Association, a US-based trade organization representing nearly 16,500 franchised new car and truck dealerships, both domestic and foreign, the US produced 8.8 million vehicles in 2020, making $ 1.249 trillion in revenue and accounting for 3% of America’s GDP. Therefore, the increasing automotive sector is driving the demand for the gantry robot market. The adoption of the industrial internet of things (IoT) is gaining significant popularity in the gantry robot market. Major market players are concentrating their efforts on implementing the internet of things in various industries that aid in increased performance, greater bottom-line output for manufacturing, assembly, and packaging operations, maintenance, and automated adjustment, thus increasing manufacturing flexibility and speed. For instance, in April 2020, SoftBank Robotics Corp., a Japan-based company that develops and manufactures industrial robotics, partnered with UnaBiz, a Singapore-based internet of things (IoT) technology provider, to integrate IoT sensors with robotics to improve facility management. Building managers would be able to expedite their work processes and optimize building operations as a result of the robots' ability to transition from pre-defined routes to dynamic routing based on environment-sensing data. Other use cases involve triggering smart sensors at receptions, hotels, or healthcare facilities to activate robots that register visitors, provide meals, or supply necessities. Major players in the gantry robot market are ABB India Ltd., Cimcorp Industrial Automation India Private Limited, Fisnar Dispensing Equipment Solutions, Güdel Group AG, IAI America Inc., Nordson Corporation, OMRON Corporation, Sage Automation Inc., YAMAHA Robotics, Aerotech Inc., Keller und Knappich Augsburg, Parker Hannifin India Private Limited, Toshiba Machine, Yaskawa India Private Limited, Liebherr-International Deutschland GmbH, Hirata Co. Ltd., Macron Dynamics Inc., PROMOT Automation GmbH, Shibaura Machine CO. LTD., and DENSO Kirloskar Industries Pvt. Ltd. Asia-Pacific was the largest region in the gantry robot market in 2022. The regions covered in the gantry robot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the gantry robot market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The gantry robots market consists of sales of  light payload, light/medium payload, standard payload, heavy payload, extra heavy payload, and large-area gantry robots. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global gantry robot market is segmented - 1) By Type: Open Gantry Robot, Closed Gantry Robot  2) By Payload: Less than 50 Kg, 51–350 Kg, More than 350 Kg  3) By Application: Factory Automation, Miscellaneous Manufacturing, Packaging Machinery, Other Applications  4) By Industry: Automotive, Electrical And Electronics, Metals And Machinery, Plastics, Rubber, And Chemicals, Food And Beverages, Precision Engineering And Optics, Pharmaceuticals And Cosmetics, Other Industries

A medical robot is an expert service robot that refers to a type of multipurpose device used in and outside of hospitals to raise the standard of care provided to patients and it is employed in complicated surgical procedures, limb replacement, stroke patient rehabilitation, and other health-related duties. The medical robot is used in the medical sciences to help with surgeries, improve patient care and worker safety, and streamline clinical workflow and hospital logistics. The main types of medical robots are hospital and pharmacy robotic systems, surgical robotic systems, noninvasive radiosurgery robotic systems, rehabilitation robotic systems, and others. Hospital and pharmacy robotic systems refer to the robots used to distribute medicine to patients and to be involved in the automation of common tasks and processes performed in a pharmacy or other healthcare settings. The solutions include on-premises and cloud and are applied in cardiology, laparoscopy, pharmacy, neurosurgery, orthopedic surgery, and others used by various end-users such as specialty centers, hospitals and clinics, rehabilitation centers, and others. The medical robots market research report is one of a series of new reports from The Business Research Company that provides medical robots market statistics, including medical robots industry global market size, regional shares, competitors with a medical robots market share, detailed medical robots market segments, market trends and opportunities, and any further data you may need to thrive in the medical robots industry. This medical robotics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global medical robots market size grew from $11.17 billion in 2022 to $13.25 billion in 2023 at a compound annual growth rate (CAGR) of 18.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The medical robots market size is expected to grow to $26.43 billion in 2027 at a CAGR of 18.9%. The rising demand for precise and proper laparoscopic operations is expected to propel the growth of the medical robot market going forward. The laparoscopic operation allows a surgeon to perform complex procedures within the abdomen without having to place his hands directly into the body cavity. Medical robots are more efficient at performing laparoscopic procedures. As a result, there is rising demand for precise and proper laparoscopic operations that boost market growth. For instance, in March 2022, the Cleveland Clinic, a US-based nonprofit academic medical centre, stated that over 13 million laparoscopic procedures have been performed globally every year and are projected to grow by 1% over the next five years. Therefore, the rising demand for precise and proper laparoscopic operations is driving the growth of the medical robot market. Technological advancements are a key trend gaining popularity in the medical robot market. Major companies operating in the medical robot market are focused on developing new technological solutions to strengthen their position. For instance, in April 2022, Diligent Corporation, a US-based healthcare robotics company, created Moxi, an AI-enabled robot that can handle time-consuming logistical tasks in hospitals such as setting up patient rooms and replenishing supplies. Moxi is able to deliver teleboxes, manage the "do not tube" medications, and pick up patients' personal items. Moxi’s core technical features comprise social intelligence, mobile manipulation, and human-guided learning. This launch represents another step forward for Diligent’s product portfolio. In February 2021, Ascendum Capital, a China-based company specializing in healthcare-focused investment platforms, acquired EndoWays Ltd for an undisclosed amount. This acquisition would accelerate EndoWays clinical and commercial development, especially in China, by leveraging the experience and network of Ascendum's team. EndoWays Ltd is an Israel-based robotics company. The company features a software platform called the microcatheter which is designed to allow interventional radiologists to cross tortuous anatomy, and reduce procedure time and radiation exposure to patients and the medical staff. Major players in the medical robot market are Smith and Nephew PLC, Strikers, Aethon, Intuitive Surgical Inc., Major Robotics, Intouch Technologies Inc., Renishaw PLC., MedTech SA, Ekso Bionics Holdings Inc., ReWalk Robotics , Medrobotics Corporation, McKesson Corporation, Hocoma AG, Cyberdyne Inc., and BD Rowa. North America was the largest region in the medical robot market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical robot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the medical robot market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The medical robot market consists of sales of radiotherapy machine robots, laboratory robots, robotic prosthetics, and social robots. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global medical robots market is segmented - 1) By Type: Hospital and Pharmacy Robotic Systems, Surgical Robotic Systems, Noninvasive Radiosurgery Robotic Systems, Rehabilitation Robotic Systems, Other Types 2) By Solutions: On-Premises, Cloud 3) By Application: Cardiology, Laparoscopy, Pharmacy, Neurosurgery, Orthopedic Surgery, Other Applications 4) By End Users: Specialty Centers, Hospitals and Clinics, Rehabilitation Centers, Other End Users 

AI-based surgical robots are surgical robots powered by artificial intelligence which are well-known in the medical field and are frequently used. They are computer-manipulated devices that allow surgeons to focus on the complex aspects of surgery. The main product in AI based surgical robotics markets are services, instrument & accessories. Services include such as capture and analyzing patient information for initial diagnosis and assisting surgeons with complex surgeries. The various applications include orthopedics, neurology, urology, gynecology, and others. These are used by hospitals and ambulatory surgical centers. The AI-based surgical robots market research report is one of a series of new reports from The Business Research Company that provides AI-based surgical robots market statistics, including AI-based surgical robots industry global market size, regional shares, competitors with a AI-based surgical robots market share, detailed AI-based surgical robots market segments, market trends and opportunities, and any further data you may need to thrive in the AI-based surgical robots industry. This AI-based surgical robots market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global AI-based surgical robots market size grew from $4.73 billion in 2022 to $5.63 billion in 2023 at a compound annual growth rate (CAGR) of 19.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The AI-based surgical robots market size is expected to grow to $10.41 billion in 2027 at a CAGR of 16.6%. The increase in the adoption of technologically advanced robots by surgeons for various applications has contributed to the growth of the AI-based surgical robots market. Robots are automated machines that can perform pre-programmed tasks. With the advancement in technology AI technology is also being used to improve, the efficiency, accuracy, and performance of robots. AI-based surgical robots are used in various surgeries and specialties such as neurology, urology, ENT, thoracic surgery, colorectal surgery, and others. According to data published in the JAMA Network, a medical journal published by American Medical Association, open surgery for prostate cancer is being replaced by robotic surgeries as they offer fewer complications and better functional outcomes. Data states that up to 86% of procedures for prostate cancer in the US in 2020, performed by robots. Therefore, the Increasing adoption of technologically advanced robots by surgeons for various applications is driving the AI-based surgical robots market. The development of new products is a key trend gaining popularity in the AI-based surgical robots market. Major companies operating in the market are developing new products to strengthen their position in the market. For Instance, Suzhou KangDuo Robot Co., a China-based medical company, launched "KangDuo Surgical Robot-01 (KD SR 01)". The device completed a robot-assisted radical pyeloplasty. These surgeries performed by the KD SR 01 required less time and have demonstrated advantages over conventional methods such as laparoscopic surgery. In May 2020, Medtronic, a US-based medical device company, announced that it would acquire Digital Surgery for an undisclosed amount. With this acquisition, Digital Surgery would become a part of Medtronic’s minimally invasive therapies group. Through this deal, Medtronic would enable digital solutions with robotic platforms and would have a significant impact on enhancing patient access. Digital Surgery is a UK-based company that develops AI-powered surgical video and analytics platforms under the Touch Surgery brand name. Major players in the ai-based surgical robots market are Accuray Incorporated, Intuitive Surgical Inc., Medtronic plc, Medrobotics Corporation, Zimmer Biomet, Stereotaxis Inc., TransEnterix Inc., Stryker Corporation, Activ Surgical Inc., Titan Medical Inc., CMR Surgical Inc., Medtech Surgical, and Mazor Robotic. North America was the largest region in the AI based surgical robots market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in AI based surgical robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the AI based surgical robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The AI-based surgical robots market consists of sales of rehabilitation robots, laboratory robots, and robotic prosthetic. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global AI based surgical robots market is segmented - 1) By Product: Services, Instrument and Accessories 2) By Application: Orthopedics, Neurology, Urology, Gynecology, Other Applications 3) By End User: Hospitals, Ambulatory Surgical Centres

The cleaning robots are robots that are pre-programmed with cleaning patterns that clean the house with a single click. They are ideal appliances for people who find it difficult to set aside time for sweeping and cleaning because they are equipped to clean a whole floor while also covering tough corners. The main types of cleaning robots are floor-cleaning robots, pool-cleaning robots, window-cleaning robots, and other products. The floor-cleaning robots are robotic cleaners recognised for their cleaning expertise, like floor mopping and dry vacuum cleaning. Floor cleaning is highly vital for our health and minimises the amount of labour required. Floor cleaners are extremely beneficial for cleaning floors in hospitals, homes, auditoriums, stores, and computer centers, among other places. It's straightforward to put together and operate. These are of various types, such as personal cleaning robots and professional cleaning robots, which are used in numerous applications, including residential, commercial, industrial, healthcare, and others. The cleaning robot market research report is one of a series of new reports from The Business Research Company that provides cleaning robot market statistics, including global market size, regional shares, competitors with a cleaning robot market share, detailed cleaning robot market segments, market trends and opportunities, and any further data you may need to thrive in the cleaning robot industry. This cleaning robot market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global cleaning robot market size grew from $9.24 billion in 2022 to $11.49 billion in 2023 at a compound annual growth rate (CAGR) of 24.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The cleaning robot market size is expected to grow to $27.06 billion in 2027 at a CAGR of 23.9%. An increase in concern for safety in homes is expected to drive the growth of the cleaning robot market going forward. Smart cleaning robots are used to maintain a clean environment inside homes in order to avoid any spread of germs or infections. The robot vacuum cleaner can keep any hidden spot clean in the house and can also sense obstacles. For instance, according to the International Federation of Robotics, a Germany-based non-profit organization, in November 2021, the demand for professional cleaning robots grew by 92% to 34,400 units sold due to the COVID-19 pandemic. Also, in terms of value, the sales of medical robotics account for 55% of the total professional service robot turnover in 2020. Therefore, the increase in concern for safety in homes is driving the growth of the cleaning robot market. New product innovation is a key trend and popularity in the cleaning robot market. Major companies operating in the cleaning market are focused on developing advanced cleaning robots to strengthen their position in the market. For instance, in February 2021, Midea Group, a China-based high-technology company, launched the next-gen robot vacuum cleaner, Midea’s S8+ auto-dust-collection robot. The S8+ is part of Midea's intelligent cleaning product series, which offers top-notch performance across the board. The S8+ represents a fundamental shift in modern home living where consumers demand intelligent cleaning companions to match the needs of today's fast-paced life. In January 2022, Reliance Retail, an India-based retail company, acquired a 54% stake in Addverb Technologies for a deal amount of $132 million. The acquisition will accelerate Reliance’s expansion in Europe and the US and enable it to set up a large robotic manufacturing facility. Addverb Technologies is an India-based manufacturer of robots that are used for cleaning, industries, and various companies. Ecovacs Robotics, Samsung Electronics Co Ltd., iRobot Corporation, Maytronics, SoftBank Robotics Corp, Diversey, Beijing Roborock Technology Co.Ltd., ABB, Denso Corporation (Denso Robotics), Fanuc Corporation, Kawasaki Robotics GmbH, Kuka AG, Mitsubishi Electric Corporation, Nachi Fujikoshi Corporation, and Omron Corporation are major players in the cleaning robot market. Asia-Pacific was the largest region in the cleaning robot market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this cleaning robot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the cleaning robot market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The cleaning robots market consists of sales of household cleaning robots, Cleaning and disinfection robots , and industrial cleaning robots . Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global cleaning robot market is segmented - 1) Based on Product: Floor-Cleaning Robot, Pool-Cleaning Robot, Window-Cleaning Robot, Others (Mobile air purification robots, HVAC duct-cleaning robots, solar panel cleaning robots, and aquarium cleaning robots) 2) Based on Type: Personal Cleaning Robot, Professional Cleaning Robot 3) Based on Application: Residential, Commercial, Industrial, Healthcare, Others (Small business units and contract service providers)

Information technology (IT) is the use of computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data. The main type of information technology (IT) are IT services, computer hardware, telecom, and software products. Computer hardware is the physical components that a computer system requires to function and encompasses everything within a PC or laptop. The services are used by large, small, and medium enterprises of financial services, retail and wholesale, manufacturing, healthcare and others. The information technology (IT) market research report is one of a series of new reports from The Business Research Company that provides information technology (IT) market statistics, including information technology (IT) industry global market size, regional shares, competitors with information technology (IT) market share, detailed information technology (IT) market segments, market trends and opportunities, and any further data you may need to thrive in the information technology (IT) industry. This information technology (IT) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global information technology market grew from $8179.48 billion in 2022 to $8852.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The information technology market is expected to grow to $11995.97 billion in 2027 at a CAGR of 7.9%. The demand for cloud computing services is expected to drive the demand for IT services during the forecast period. In the cloud computing model, data is stored on the internet by a cloud computing provider, who manages and operates data storage as a service. Many companies are now choosing applications hosted in the cloud for their day-to-day operations. For example, according to statistics provided by hostingtribunal.com, 60% of computing workloads were running in the public cloud in 2019. Similarly, 94% of enterprise workloads are expected to be processed by cloud data centers in 2021. Companies are also opting for cloud-based data storage, thus boosting the demand for IT services. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on the information technology market in 2020 as supply chains were disrupted due to trade restrictions and employees working for these establishments faced difficulties related to infrastructure and communication owing to lockdowns imposed by governments globally, forcing them to work from home. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity, with countries entering a state of 'lock down,' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the information technology market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Over the past five years there has been an increasing prevalence of low cost open source alternatives. Open source has become a preferred platform for developing new technology. In the past, software publishers would open source software that was not making money, but now companies are open sourcing software to increase their presence and share in the market. Supabase, a YC-incubated startup that offers developers an open-source alternative, announced that it had raised a $6 million in funding to create new open-source tools. Major companies in the information technology (IT) market include Apple, Microsoft, Verizon Communications, China Mobile, AT&T Inc., Huawei, Deutsche Telekom AG, Dell Technologies Inc., Samsung Electronics Co., Ltd. and Comcast Corporation. Asia-Pacific was the largest region in the information technology (IT) market in 2022. North America was the second largest region of the information technology market. The regions covered in the information technology market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the information technology (IT) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. Major companies in the information technology (IT) market include Apple, Microsoft, Verizon Communications, China Mobile, AT&T Inc., Huawei, Deutsche Telekom AG, Dell Technologies Inc., Samsung Electronics Co., Ltd. and Comcast Corporation. Asia-Pacific was the largest region in the information technology (IT) market in 2022. North America was the second largest region of the information technology market. The regions covered in the information technology market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the information technology (IT) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The information technology (IT) market consists of revenues earned by entities by providing IT services such as computer networking, broadcasting, systems design services and information distribution technologies like television and telephones and other equipment used during the process. The market value includes the value of related goods sold by the service provider or included within the service offering. The information technology market also includes sales of computers, computer peripherals and telecommunications equipment which are used in providing IT services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global information technology market is segmented - 1) By Type: IT Services, Computer Hardware, Telecom, Software Products 2) By Organization Size: Large Enterprise, Small and Medium Enterprise 3) End User Industry: Financial Services, Retail & Wholesale, Manufacturing, Healthcare, Other End User Industries Subsegments Covered: Hardware Support Services, Software And BPO Services, Cloud Services, Computer Peripheral Equipment, Computer Storage Devices And Servers, Computers, Wireless Telecommunication Carriers, Wired Telecommunication Carriers, Communications Hardware, Satellite & Telecommunication Resellers, Operating Systems & Productivity Software Publishing, Database, Storage & Backup Software Publishing, Business Analytics & Enterprise Software, Video Game Software, Design, Editing & Rendering Software