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Modular Robotics Market Report Key Driving Factors and Forecast Analysis

Modular Robotics Market is projected to grow up to USD 13.20 billion by 2027 growing at a CAGR of 18.2% during the forecasting period 2021-2027

(EMAILWIRE.COM, August 10, 2021 ) One of the primary drivers for the global modular robotics market is increasing investments in the field of industrial automation and greater acceptance of collaborative modular robots. Modular robots are used to do a large portion of tasks, particularly in the automotive industry, such as welding, fitting, and handling, which is fueling the modular robotics market's rise. Furthermore, the high expansion of the worldwide modular robots market during the projection period is due to rising need for better productivity combined with little or no margin for error in various production industries. In addition, the manufacture of modular robots on a service model for consumers is playing an increasingly important role in the growing demand for modular robots. Furthermore, the customized product industry is increasingly using modular robotics technology to keep up with their ever-changing product line while remaining cost-effective.

The Modular Robotics market report provides geographic analysis covering regions, such as North America, Europe, Asia Pacific, and Rest of the World. The Modular Robotics market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Request a Sample of this report priced at USD 1500 (Single User License) @ https://whipsmartmi.com/sample/es0747/Modular-Robotics-Market

The Modular Robotics Market report has been categorized as below

By Robot Type
• Articulated modular robots
• Cartesian modular robots
• SCARA modular robots
• Parallel modular robots
• Collaborative modular robots
• Other modular robots
o Spherical robots
o Cylindrical robots

By Industry
• Automotive
• Electrical and Electronics
• Plastic, Rubber, and Chemicals
• Metals and Machinery
• Food & Beverages
• Precision Engineering and Optics
• Pharmaceuticals and Cosmetics
• Others

By Region
• North America
• Europe
• Asia Pacific
• Rest of World

View complete report with TOC @ https://whipsmartmi.com/report/modular-robotics

This report offers the major market player’s profiles, such as ABB,Fanuc, Kuka, Yaskawa, Kawasaki Heavy Industries, Mitsubishi Electric, Denso, Nachi-Fujikoshi, Universal Robots A/S, Rethink Robotics, Stδubli International, Daihen, Cma Robotics Spa, Yamaha Motor, Engel, Aurotek, Toshiba Machine, Acmi Spa and Cassioli Srl

About whipsmartmi:
We are a growth partnership company that provides fact-based consulting services focused on helping our clients achieve incremental and transformational growth competing in business-to- business and business-to- consumer markets. We facilitate their growth journey through an environment that is dominated by accelerating change, constant evolution of new business models, disruptive trends and technologies in their respective industry.

We serve a wide spectrum of global industries such as Semiconductor and Electronics, Information Technology, Communication, Medical Devices, Pharmaceuticals, Defense, Aviation, and Chemicals among others. Our well-seasoned blend of technical and marketing expertise enables us to serve our customers with comprehensive study of global supply chains that helps them to devise highly effective strategies.

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Tel: 5102005090
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