IFR sees rise in robot investment in the United States

According to the International Federation of Robots (IFR), manufacturing firms in the United States have significantly increased their investment in automation, as the total installations of industrial robots surged by 12%, reaching 44,303 units in 2023. Leading this adoption trend…

Demand for robot vision system is anticipated to reach $7,236.2M

The global robot vision system market is likely at $2,690.4 million in 2023 and expected to grow at a CAGR of 10.4% during the forecast years of 2023-2033. In order to improve job efficiency and replace human labour, the market…