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 …
Continue reading “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. Rise in need for automation & safety in organizations, availability of affordable & energy efficient robots, increase in deployment of robots in several industries, and …
Continue reading “Robotics Technology Market Expected to Reach $189.36 Billion by 2027”
