Industrial Robotics Market to Reach US$44.48 Billion by 2020 Owing to Rising Popularity of Industrial Automation
A recently released report from Transparency Market Research (TMR) forecasts that the global industrial robotics market will grow at a CAGR of 6.2% between 2014 and 2020. TMR, a market intelligence firm based in the U.S., states that the global industrial robotics market will reach a market value of US$44.48 billion by 2020, growing from US$28.93 million in 2013. The report, titled 'Industrial Robotics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 is available...
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