In reality, robotics is a wide-spanning field that can mean everything from your Roomba vacuum cleaner (the company that makes it was recently acquired by Amazon ) to auto-lift fryers for cooking chicken in a fast-food environment. At $27.73 billion now, the global robotics market is expected to reach $74.1 billion at a CAGR rate of 17.45% by 2026. Another major branch of the industry is warehouse robotics -- retail companies, in particular, are increasingly looking for ways to automate various shelving, unloading, and packing processes. Read More...
In reality, robotics is a wide-spanning field that can mean everything from your Roomba vacuum cleaner (the company that makes it was recently acquired by Amazon ) to auto-lift fryers for cooking chicken in a fast-food environment. At $27.73 billion now, the global robotics market is expected to reach $74.1 billion at a CAGR rate of 17.45% by 2026. Another major branch of the industry is warehouse robotics — retail companies, in particular, are increasingly looking for ways to automate various shelving, unloading, and packing processes.