Robots are increasingly being employed in diverse industries for effective management of resources, high production output and efficiency, minimal material wastage, and reduced operation costs. Industries including automotive, electronics, aerospace, defence, healthcare, education, agriculture, and food & beverages have increased the adoption of robotics technology for automation of processes. The growth of smart mobile devices …
Tag Archives: Robotics Technology
Robotics Technology Market is Expected to Garner $189.36 Billion by 2027 – Exclusive Research Report by AMR
According to the report, The global robotics technology market size was valued at $62.75 billion in 2019, and is projected to reach $189.36 billion by 2027, growing at a CAGR of 13.5% from 2020 to 2027. Download Sample Report: https://www.alliedmarketresearch.com/request-sample/125 Rise in need for automation & safety in organizations, availability of affordable & energy efficient robots, …
Global Robotics Technology Market Expected to Reach $189.36 Billion by 2027
According to the report, the global robotics technology industry was estimated at $62.75 billion in 2019, and is expected to hit $170.08 billion by 2027, registering a CAGR of 13.5% from 2020 to 2027. On the other hand, high implementation costs and lack of awareness about automation among the SMEs impede the growth to certain extent. However, growth in …
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