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Worldwide Robot Operating System Industry to 2026 - Increasing Demand for the Robotics-as-a-Service Model Presents Opportunities

Worldwide Robot Operating System Industry to 2026 - Increasing Demand for the Robotics-as-a-Service Model Presents Opportunities
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Global Industrial Robotics Market was Valued at US$ 14758.88 Mn in 2019 Growing at a CAGR of 14.21%

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PUNE, India, Dec. 15, 2020 /PRNewswire/
The COVID-19 pandemic is expected to positively impact the global industrial robotics market. Industries are increasingly moving towards automation of manufacturing and related processes through the use of robots. Lockdown measures formulated by government bodies has caused a dearth in human workforce, and this has accelerated the adoption of robots in industries like food and beverages, automotive, manufacturing, and pharmaceutical, amongst others.
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The APAC region is expected to show considerable growth during the forecast years in the global industrial robotics market. This is because of the higher demand for automation of processes in manufacturing-based countries such as China and Japan, and emerging manufacturing centers like Malaysia, Indonesia and India. The rise in minimum wage demands in China paving way ....

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