Acumen Research and Consulting Modular Robotics Market is Anticipated to Surpass | Page 2

their offering. The global Modular Robotics market is expected to grow at noteworthy CAGR around 13.5 % throughout the forecast period and reach around US$ 25 billion by 2026. This report suggests that increasing the use of modular robots across several vertical industry lines is likely to increase demand for modular robotics from 2019 to 2027, with a view to reducing production costs and increasing use of modular cobots (collaborative robots) worldwide. Because the key players in developed markets such as North America, Europe, and Asia- Pacific are implementing innovative modular robots, these regions are likely to account for a important share of the global modular robotics market during the projected period. Growing electronics and the automotive sector and increasing automation trend are expected to boost the Asia Pacific modular robotics market from 2019 to 2026, particularly in emerging markets such as China, Japan, South Korea and India. Free Download Sample Report Pages for Better Understanding@ https://www.acumenresearchandconsulting.com/request- sample/1344 Issue of system integration can hinder the modular robotics market A large number of modules connected with each other form a single robotic system, consist of model robotic systems. Modular. However, in some cases a modular robot is very difficult to produce since hardware modules are owned and sometimes Would like to place an order or any question, please feel free to contact at [email protected] | [phone]