The global market for industrial robots is set to grow by more than 10 percent a year, according to a new study by Market Research Future.
MRF’s report, Industrial Robotics Market information by Type, by End-Users, by Application and Region – forecast to 2027, says the sector will grow at a compound annual growth rate of 10.32 percent by 2026.
Industrial robotics are robotic systems designed to work mainly on assembly lines. The report covers trends in manufacturing and opportunities for the industry for the forecast period (2020-2027). [Read more…] about Industrial robotics market set to grow more than 10 percent a year, says report