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The global smart robots market size is expected to reach $25 billion by 2026, rising at a market growth of 27.2% CAGR during the forecast period. Smart robots are considered as artificial intelligence system that provides optimum management of an environment with the combined work of human operators and robots. Smart robots are capable of learning from their environment and experience and develop their abilities on the basis of their knowledge. Also, Smart robots are capable to carry out both manual and cognitive tasks and are extensively used across many industries, like food & beverages, retail, automotive, healthcare, and manufacturing for several applications.