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Programmable Robots Market Trends

  • Report ID: GMI9323
  • Published Date: May 2024
  • Report Format: PDF

Programmable Robots Market Trends

In recent years, interest in using robots in education has witnessed massive growth. Projects that involve robotics, artificial intelligence, speech recognition, and related technologies can help develop students analytical, creative, and practical skills. For robots to become widely used in education, they need to be smaller, easier to set up and use, and, more important, they need to be affordable to educators and students.
 

The versatility & scalability of programmable robots make them suited for automating diverse & evolving applications, processes, and operations in various industries. It enables organizations to adapt, expand, and reconfigure production lines, workflows, and systems in response to the changing market demands, customer requirements, and business opportunities quickly and easily.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size of programmable robots was reached USD 3.5 billion in 2023 and is anticipated to grow at over 15.7% CAGR between 2024 and 2032, owing to growing technological advancements.

The industrial robots segment in the programmable robots market is anticipated to expand at over 15.5% CAGR between 2024 and 2032, driven by the advancements in robotic technology and growing interest in industrial automation.

Asia Pacific market for programmable robots is projected to observe over 17.5% CAGR from 2024 to 2032, driven by technological advancements, increasing industrial automation and the expanding manufacturing sector.

iRobot Corporation, ABB, SoftBank Robotics, The LEGO Group, OnRobot A/S, ElephantRobotics and Fischertechnik GmbH

Programmable Robots Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 248
  • Countries covered: 21
  • Pages: 220
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