Global Industrial Robot Market Skyrockets to $42.90 Billion in 2023, with a Stellar CAGR of 12.50% - ResearchAndMarkets.com
The "Global Industrial Robot Market (by Industry, Type, & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)" report has been added to ResearchAndMarkets.com's offering.
- The "Global Industrial Robot Market (by Industry, Type, & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)" report has been added to ResearchAndMarkets.com's offering.
- It is projected that the global industrial robot market volume will reach 636.71 thousand units in 2023.
- The Automotive segment leads the industrial robot market due to the increasing adoption of automation in automotive manufacturing, coupled with AI and digitalization.
- Among regional markets, China's industrial robot market by volume holds the highest share and is the fastest growing, thanks to government initiatives like the Made in China 2026 initiative.