The global industrial robotics market is expected to reach a market size of $41.17bn by 2020, according to a new report by Allied Market Research.
The report indicates the robotics market, which was valued at $26.78bn in 2012, will continue to grow at a Compound Annual Growth Rate (CAGR) of 5.4% annually for the forecast period of 2013 – 2020. In 2013, global robot sales increased by 12% to 178,312 units for the year – with China the largest market…
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