NEW YORK, June 11, 2021 /PRNewswire/ — The industrial robots market size in the automotive industry is expected to grow by USD 3.97 billion during 2021-2025, according to the new report from Technavio. The report projects the market to accelerate at a CAGR of almost 7%.
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Read the 120-page report with TOC on “Industrial Robots Market in the Automotive Industry Market Analysis Report by Application (Material Handling, Assembly line, Welding, Painting and dispensing, and Others) and Geography (APAC, Europe, North America, South America, and MEA), and the Segment Forecasts,2021-2025”. Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions.
More Details: https://www.technavio.com/report/report/industrial-robots-market-in-the-automotive-industry-analysis
The industrial robots market in the automotive industry market is driven by the increasing adoption of lean and flexible manufacturing. In addition, the growth in the global automotive industry is anticipated to boost the growth of the Industrial Robots Market in the Automotive Industry Market.
The automotive industry is highly competitive in which the players compete on reliability, quality, cost, and delivery. With the