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Industrial Robotics Market to Reach $163.0 Billion, Globally, by 2032 at 12.6% CAGR: Allied Market Research

The global industrial robotics market is experiencing growth due to several factors, such as high requirements for automation, high labor costs and a dearth of skilled human workforce, an increase in investments in R&D activities, and the availability of affordable and energy-efficient robots.

Industrial Robotics Market to Reach $163.0 Billion, Globally, by 2032 at 12.6% CAGR: Allied Market Research - Image

The global industrial robotics market is experiencing growth due to several factors, such as high requirements for automation, high labor costs and a dearth of skilled human workforce, an increase in investments in R&D activities, and the availability of affordable and energy-efficient robots.