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2026-05-14 12:44:06 -

Smart Factory Adoption Driving Expansion of the Articulated Robot Industry

The global articulated robot market was valued at USD 17.3 Bn in 2022 and is projected to reach USD 38.3 Bn by the end of 2031. The industry is expected to expand at a CAGR of 8.9% from 2023 to 2031, driven by increasing automation across manufacturing industries such as automotive, electronics, and logistics. Rising demand for precision, efficiency, and smart factory solutions, along with...

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