27-29 August, 2020
10th International Exhibition on
Cutting, Welding Materials &
Equipment Laser Technology,
Machine Tools and Allied Products

Pragati Maidan, New Delhi,
India

 

News

09 May 2019

The $40+ Billion Industrial Robotics Market by 2024 - Industry 4.0, Along With Digitalization Initiatives Across Regions Presents Lucrative Opportunities

The global industrial robotics market was valued at USD 18.05 billion in 2018 and is expected to reach USD 40.75 billion by 2024, at a CAGR of 14.11% over the forecast period (2019-2024). Industrial robots play a crucial role in industrial automation, with many core operations in industries being managed by robots. With economic growth across regions, the growth of e-commerce, electronics, and the automotive industry, among others has been on the rise. 
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