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Robotics Market: Industry Size, Growth, Analysis and Forecast To 2025 June 11, 2021
By Zaraki Kenpachi -
Transparency Market Research (TMR) observes, the global robotics market is highly conciliated due to presence of number of companies operating in the market. Some of the key players operating in the global robotics market are Fanuc Corporation, iRobot Corporation, Northrop Grumman Corporation, and Google Inc. These players are focused to manufacture products with their maximum technical and business strength for product innovation and commercialization of these products. A report estimates, the global robotics market is expected to attain value of US$147.26 bn by the end of 2025 with a CAGR of 17.4% over the forecast period of 2017 to 2025. The market was valued at revenue of US$35.23 bn in 2016. Based on volume, the global robotics market valued at 677.2 thousand units in 2016 and is predicted to amount to 2,731.2 thousand units by the end of 2025, expending with a CAGR of 17.0% over the forecast period from 2017 and 2025. Static type robot is dominating the global robotics market as it is widely deployed across numerous industries such as aerospace, manufacturing, and automotive. Based on the region, North America is dominating the leading position in the global robotics market. Get sample copy of at: https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=S&rep_id=32000