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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
SMEs are contributing to industrial robotics growth in India
...says Pradeep Shoran, AGM-Marketing, KUKA Robotics India Pvt Ltd, in this interview with IPF. He believes that robots will play an increasingly important role in new areas of production, processing and handling in the future for small and medium-sized enterprises (SMEs).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