Robotics market set to grow by USD 22.27 billion from 2022-2027; The government initiatives in Europe to be a major trend - Technavio
NEW YORK, Feb. 6, 2024 /PRNewswire/ -- The global robotics market size is estimated to grow by USD 22.27 billion from 2022 to 2027, according to Technavio.
- NEW YORK, Feb. 6, 2024 /PRNewswire/ -- The global robotics market size is estimated to grow by USD 22.27 billion from 2022 to 2027, according to Technavio.
- Government initiatives in Europe, particularly through programs like Horizon 2020, are set to propel the global robotics market growth.
- The warehouse Robotics Market is projected to grow by USD 4.1 billion with a CAGR of 13.31% during the forecast period 2021 to 2026.
- The aerospace robotics market size is estimated to grow at a CAGR of 9.2% between 2023 and 2027.