The Rise of Robots: Insights Into the Global Robotics Market

Written by CapitalXPartners | Published 2020/08/31
Tech Story Tags: robotics | investing | robots | research | automation | fourth-industrial-revolution | iot | hackernoon-top-story

TLDR The Rise of Robots: Insights Into the Global Robotics Market. CapitalX is a corporate strategy and advisory firm, with a focus on tech. The global Industrial robot market is worth c.$48bn pa and demand for robotic technology is accelerating rapidly. Digital technologies have evolved, allowing robots to marry physical automation with machine vision and intelligence. 90% of robots shipped today are able to connect to the cloud, compared to less than 50% in 2016. China is the world’s largest market for industrial robots, accounting for c36% of annual installations for robots.via the TL;DR App
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Written by CapitalXPartners | CapitalX is a corporate strategy and advisory firm, with a focus on tech www.capitalxpartners.co
Published by HackerNoon on 2020/08/31
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