Home › News Updates › Robotics & Automation News Highlights MarketsandMarkets for Industrial Robotics Market

Robotics & Automation News recently published MnM’s infographic on industrial robotics market, highlighting major insights of the global market.

Industrial robots are being widely used in a number of industries for enhanced productivity and efficiency and minimization of downtime, thereby helping to meet the high production demand. The global market for industrial robots is predicted to be valued at $71.72 Billion by 2023, registering a CAGR of 9.60% between 2017 and 2023, owing to the increased investments in various industries and growing demand for industrial robotic systems from SMEs in developing nations.

For More Details:

http://roboticsandautomationnews.com/2017/08/23/infographic-shows-projected-growth-of-industrial-robotics/13832/

Report mentioned in the above news is,

Industrial Robotics Market by Type (Articulated, Cartesian, SCARA, Parallel, Collaborative Robots), Industry (Automotive, Electrical & Electronics, Metals & Machinery, Pharmaceuticals & Cosmetics), and Geography - Global Forecast to 2023

Press Release:

http://www.marketsandmarkets.com/PressReleases/industrial-robotics.asp

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