Industrial Robots market slows in 2019 but long-term forecast is positive – Interact Analysis


New market research from Interact Analysis reveals that the growth of industrial robot revenues slowed in 2019, but is forecast to pick up again towards late 2020 and accelerate in 2021.
-Automotive and smartphone production declines played a significant part in 2019 slowdown
-New applications, lower prices and wider use cases will lead to a significant upturn by 2023
-China shows its strength, both domestically and in
Source: RoboticsTomorrow – robotics

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