The global Industrial robot market is around $17,925m in 2023 and is expected to grow at a CAGR of 12.1% during the forecast years of 2023-2033. The robot market is expected to witness greater growth over the forecast year to…
The offshore drone inspection market is estimated to be valued at $1,456.8m by 2033
The market for offshore drone inspection is anticipated to reach $421.6m in 2023 and grow at a healthy 13% CAGR between 2023 and 2033. The various advantages offered by advanced drones, such as stability, low deployment costs, improved data quality,…
The Edge AI market is estimated to be valued at $39.6bn by 2032, up from $5.9bn in 2022
The Edge AI market is anticipated to expand at a CAGR of 20.8% during the forecast period. According to FMI, the market is anticipated to be valued at $39,618.3m by 2032, up from $5,970.7m in 2022. The growing demand for…
Guidehouse Insights explores potential of smart home robots
Guidehouse Insights has announced its latest report that it explores the market landscape and opportunities for home robots. Despite optimistic product launches from prestigious high-tech companies and startups, the market for robots in the home has had limited success to…
What are MRD and PRD?
Let’s imagine building an electronic product from scratch. You start with a product concept that you think is cool and can solve some issues to make the world a better place to live. Then, you leverage an evaluation board such…
