China sees booming robotics industry

HANGZHOU, May 10 (Xinhua) — China’s robotics industry saw steady development in 2017 with about 1,686 robotics companies established last year, according to a report released at the ongoing 5th China Robot Summit. By the end of 2017, the number of robotics companies in China exceeded more than 6,500, mainly located in China’s Beijing-Tianjin-Hebei region,

AI And Robotics Are Taking Robotic Surgery To New Levels

With artificial intelligence now firmly entrenched in many hospital operating rooms, the field of robotic surgery is starting to get competitive. Giant companies like Alphabet(GOOGL), Johnson & Johnson(JNJ) and Medtronic(MDT) are training their sights on Intuitive Surgical(ISRG), the king of robotic surgery companies. But analysts say the booming medical technology segment has lots of room

Automated Material Handling Equipment Market Expected to Reach $39,060 Million, by 2022

The automated material handling equipment industry is expected to grow due to increase in industrial automation in safe transportation of materials. The development of new automated guided vehicle offering reduced operating costs, battery free option, high return on investment, and safety features are expected to have substantial impact on the market growth. A new report