Global Industrial Robotics Market Report 2022 to 2027: Increasing Professional Working Activity in Remote and Hazardous Environments Drives Growth
The global Industrial Robotics Market will reach US$ 43.95 Billion by 2027, from US$ 25.69 Billion in 2021.
- The global Industrial Robotics Market will reach US$ 43.95 Billion by 2027, from US$ 25.69 Billion in 2021.
- Worldwide Industrial Robotics Industry is expected to expand with a CAGR of 9.4% during 2021-2027:
Advancement in technology, growing demand for sophisticated products and components with high accuracy, and increasing professional working activity in remote and hazardous environments are significant factors driving the growth of the global industrial robotics market. - As per our analysis, the automotive industry segment of the global industrial robotics market is projected to capture the lion's share.
- COVID-19 Impact on Global Industrial Robotics Market Growth Trends:
Amidst the COVID-19 era, it has been observed that the demand for industrial robotics had slowed down.