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Cobots Lead the Future of the Global Industrial Robotics Market, Finds Frost & Sullivan
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Asia-Pacific to remain the epicenter of growth opportunities for robot manufacturers, with market revenues estimated to top $25.08 billion by 2024
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.
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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CLEVELAND, April 21, 2021 /PRNewswire/ The Sherwin-Williams Company (NYSE: SHW) announced that Aaron M. Powell was elected to the Board of Directors of Sherwin-Williams at the company s Annual Meeting of Shareholders today. Mr. Powell was appointed to the Audit Committee of the Board.
Mr. Powell, 49, has served as President, Asia-Pacific Consumer Business for Kimberly-Clark Corporation (a global manufacturer and marketer of personal care, consumer tissue, and other household and professional products) since March 2020 and has held a variety of other leadership positions with Kimberly-Clark.
(PRNewsfoto/The Sherwin-Williams Company) We are delighted to welcome Aaron to our Board of Directors, said John G. Morikis, Chairman, President and Chief Executive Officer of Sherwin-Williams. Through his leadership at Kimberly-Clark, Aaron has gained significant knowledge of global markets and operations, as well as extensive domestic and internat
Sherwin-Williams Declares Dividend of $0 55 per Common Share prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.