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Industrial Robot Market to Grow at 12.5% Annually Through 2026, Driven by Automotive Sector and Asia-Pacific Adoption

  • Global industrial robot market volume projected to reach 636.71 thousand units in 2023, with a CAGR of 12.50% from 2022-2026
  • Automotive segment leads industrial robot market due to increasing automation and AI adoption
  • Asia Pacific holds dominant share, with China's market largest and fasting growing
  • Growth driven by industries seeking efficiency gains and workplace safety improvements
  • Cloud robotics an emerging trend, enabling Robotics as a Service (RaaS) model
yahoo.com
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### Summary Smart mobile robot adoption in supply chains is projected to surpass drone adoption in the next three years, with over 75% of companies adopting cyber-physical automation within their warehouses. ### Facts - 📈 Many organizations already using mobile robots will expand their fleet in the next three years, potentially having hundreds or thousands of mobile robots in use. - 🛠️ Drones will be deployed in more targeted ways, such as for location inspection or delivery of critical goods to remote areas. - 💡 Machine learning is expected to hit mainstream adoption within the next five years and is rated as a "transformational" technology. - 🤖 Advanced technologies like machine learning help smart robots automate physical tasks and adapt to future activities or unique conditions. - 🔀 Multiagent orchestration (MAO) platforms are on the rise, enabling the integration and coordination of heterogeneous fleets of robots from different vendors. - 💼 Companies are increasingly interested in smart robots and MAO platforms to improve logistics, support automation, and enhance human workers' capabilities.
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