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Frost & Sullivan: Global industrial robotics market to $38.3 bn in 2024
Despite COVID 19 pandemic and uncertainty in the automotive business, robotics market to growth at 12.2% CAGR during 2020-2024 period, driven mainly by pharmaceuticals, food & beverage (F&B) and electrical & electronics sectors, says Frost & Sullivan.Read more
Industrialisation & automation fostering use of industrial robots
Surge in labour charges worldwide, which in turn has enforced manufacturers to replace human labour with machines, is one of the major demand drivers for industrial robots, says an Allied Market Research report.Read more