The global industrial robotics market is expected to exceed USD 40 billion by 2020, according to a new study by Grand View Research, Inc. Increased demand from the automotive industry, coupled with growing labor costs has consequently encouraged industrial robots’ deployment in manufacturing. Increased emphasis on production quality in order to ensure survival in the competitive manufacturing sector is expected to drive the industrial robotics market.
http://www.grandviewresearch.com/industry-analysis/industrial-robotics-market
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