Apr 8, 2017

Robot Growth

The International Federation of Robotics forecast that unit shipments for the global market for vacuum cleaning robots, lawn-mowing robots and other household cleaning robots will grow at a compound annual growth rate (CAGR) of 33% through 2019.
Global medical robotics market is forecast to grow at a CAGR of 21.43% during 2016 - 2021.
Agricultural robots forecast to increase from 32,000 units in 2016 to 594,000 units annually in 2024 and that the market is expected to reach $74.1 billion in annual revenue by 2024.

The Internet of Robotic Things market is expected to be $21.44 billion by 2022, growing at a CAGR of 29.7% between 2016 and 2022.

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