Technology News & Trends

  The global  modular robotics market  was valued at US$ 6,876.9 Mn in 2017 and is projected to register a compounded annual growth rate (CAGR) of over 14% from 2019 to 2027, according to a new research report published by Transparency Market Research (TMR) , titled ‘Modular Robotics Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.’ The report suggests increasing use of modular robots across multiple industry verticals in order to reduce the production cost and growing use of modular cobots (collaborative robots) across the world are likely to augment the demand for modular robotics from 2019 to 2027. Since key players are introducing innovative modular robots in developed markets such as North America, Europe, and Asia Pacific, these regions are likely to account for a leading share of the global modular robotics market during the forecast period. Growing electronics and automotive industries and rising trend of factory automation,...

The global  insulation monitoring devices market  is likely to witness high growth in the forthcoming years, observes Transparency Market Research (TMR). Key players in market are offering technologically advanced products and are investing in research and development activities. For example, Bender GmbH & Co. KG launched a new variant of insulation monitoring devices named ISOMETER isoHR685W-D-I-B. The device is designed to monitor cables and provide enhanced insulation resistance capability reaching up to 10 GΩ. Leading players are also engaged in using various organic and inorganic business development strategies to get a stronger hold in the global insulation monitoring devices market. For instance, Schneider Electric collaborated with Larsen and Toubro Ltd. d acquired L&T’s electrical and automation businesses. Later the company integrated it with its low-voltage that includes insulation monitoring devices such as industrial automation products. With this coll...

The global insulation monitoring devices market is likely to witness high growth in the forthcoming years, observes Transparency Market Research (TMR). Key players in market are offering technologically advanced products and are investing in research and development activities. For example, Bender GmbH & Co. KG launched a new variant of insulation monitoring devices named ISOMETER isoHR685W-D-I-B. The device is designed to monitor cables and provide enhanced insulation resistance capability reaching up to 10 GΩ. Leading players are also engaged in using various organic and inorganic business development strategies to get a stronger hold in the global insulation monitoring devices market. For instance, Schneider Electric collaborated with Larsen and Toubro Ltd. d acquired L&T’s electrical and automation businesses. Later the company integrated it with its low-voltage that includes insulation monitoring devices such as industrial automation products. With this collaboration...