Lucintel’s latest market report analyzed that robotics provides attractive opportunities in the industrial and service sectors. The robotics market is expected to reach $86.3 billion by 2027 with a CAGR of 9.3%. In this market, industrial is the largest segment by end use, whereas hardware is largest by component.
Download Brochure of this report by clicking on https://www.lucintel.com/robotics-market.aspx Based on end use, the robotics market is segmented into industrial and service. The industrial segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to growing demand for collaborative robots across industries and shortage of skilled man force in manufacturing industries.
Browse in-depth TOC on “Robotics Market”
68 – Tables
107 – Figures
205 – Pages
The Robotics Market is marked by the presence of several big and small players. Some of the prominent players offering robotics include Fanuc Corporation, Kuka AG, Yaskawa Electric Corporation, ABB, Denso.
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