Cobots Lead the Future of the Global Industrial Robots Market, Finds Frost & Sullivan
SANTA CLARA, Calif., April 21, 2021 /PRNewswire/ Frost & Sullivan s recent analysis finds that the
global industrial robotics market will reach revenues of
$38.3 billion in 2024 from
$22.2 billion in 2020 at a CAGR of 12.2%. Although the industry was curtailed by the COVID-19 pandemic and uncertainty in the automotive business, rising demand from other high-growth sectors is expected to propel it over the next five years.
Pharmaceuticals will be the fastest-growing segment, with a CAGR of 17.2% from 2019 to 2024, reaching $3.33 million by the end of the forecasted period, followed by
food & beverage (F&B) and
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out of best buy warehouse in new jersey. you can see behind me, we are just in the middle of a shift change. they are doing a team meeting. it has been very busy here all day long. they have been busy fulfilling all of those cyber monday orders. as you said, we re expecting $9.4 billion in cyber monday sails, online sails. what exactly are people dying? it includes clothing followed by home goods, small appliances, smart home gadgets, pcs, tvs, travel experiences. here at the e-commerce center, it s all about efficiency. the robots you are looking at our supplement to the human workers. they sort through thousands of products for faster ordering. this is how you are able to get your order the very next day.
confess to analyzing. the conversation. these digital help. in doing so they sometimes pick up on things. human workers are constantly checking. understand. now people using this technology. it s become. so. default my