Robotics Technology Market Is Expected to Reach $82.7 Billion, Globally, by 2020
Robotics Technology Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $82.7 billion by 2020, registering a CAGR of 10.11% during the period 2014-2020.The increasing demand for automation in all aspects of life has majorly contributed to the growth of robots. Rising labor costs has pushed organizations to automate their processes with the use of robots. Growing adoption of robots by SMEs will transform the market. Earlier, the robots were only restricted to...
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