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Automotive Robotics Market by Type & Component – Global Forecast 2025

Posted By sangh 185 days ago on Business

https://www.marketsandmarkets.com - The global automotive robotics market, in terms of value, is projected to grow at a CAGR of 10.69% and is estimated to grow from USD 5.13 billion in 2016 to reach USD 8.53 billion by 2021. The increasing reliance on articulated robots to ensure efficiency in the production process, is expected to be the prime factor enhancing the growth of the automotive robotics industry. The intelligent manufacturing industry of the future, has a special focus on process automation and industrial robotics. The base year considered for the study is 2015, and the forecast has been provided for the period between 2016 and 2021.
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