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The   Modular Robotics Market   is anticipated to expand significantly, rising from a value of USD 4.70 billion in 2018 to a noteworthy USD 10.76 billion by the year 2023. The Compound Annual Growth Rate (CAGR) for this growth trajectory is 18.00%. In order to estimate the Modular Robotics Market present size, four essential stages were taken. First, a lot of secondary research was done to collect information about the market, its competitors, and its parent market. After that, primary research was used to confer with industry professionals from throughout the value chain to confirm the findings, hypotheses, and sizing. The total market size was calculated using top-down and bottom-up methods. In order to improve the accuracy of the overall assessment, market breakdown and data triangulation approaches were used to further estimate the market size of distinct segments and subsegments. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=16...

The market is anticipated to increase from USD 4.70 billion in 2018 to USD 10.76 billion by 2023, at a CAGR of 18.00%, according to a recent market research report entitled " Modular Robotics Market   by Robot Type (Articulated Modular Robots, SCARA Modular Robots and Collaborative Modular Robots), Industry (Automotive, Electrical and Electronic, Plastic, Rubber and Chemicals), and Geography - Global Forecast 2023". Due to its advantages and features, collaborative modular robots are becoming more and more popular, which is a factor driving the growth of the modular robotics market. By 2018, articulating modular robots will command the biggest market share. By 2018, articulated modular robots are anticipated to account for the largest portion of the modular robotics market due to their rapid acceptance in the metal and machinery and automotive industries for handling heavy metal components and sheets, respectively. Ask for PDF  @   https://www.marketsandmarkets.com/pdfdow...

At a CAGR of 18.0% throughout the forecast period, the   Modular Robotics Market   is anticipated to increase from USD 4.70 billion in 2018 to USD 10.76 billion by 2023. Growing investments in industrial automation and rising use of collaborative modular robots due to their features and benefits are two factors propelling the growth of the modular robotics market. In 2017, the Modular Robotics Market was dominated by ABB (Switzerland), Fanuc (Japan), Yaskawa (Japan), Kuka (Germany), and Kawasaki Heavy Industries (Japan). The main tactics used by the leading market players to seize a sizable portion of the Modular Robotics Market were product launches, alliances, and collaborations. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=162980727 Top 2 Players in the Modular Robotics Market: FANUC has focused its efforts on achieving corporate stability and success as well as boosting consumer confidence in its goods and services. Reliable/Predict...

The   Modular Robotics Market   is expected to grow from USD 4.70 billion in 2018 to USD 10.76 billion by 2023, at a CAGR of 18.00%. The growth of the Modular Robotics Market is driven by factors such as growing investment in industrial automation and increasing adoption of collaborative modular robots owing to their benefits and features. Articulated Modular Robots to hold largest share of market by 2018 Owing to the high rate of adoption of articulated modular robots in the automotive industry for handling heavy automotive parts and in the metal and machinery industry for handling heavy metal sheets and components, these robots are expected to hold the largest share of the Modular Robotics Market by 2018. Get PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=162980727 Market for metals and machinery to grow at highest CAGR during 2018–2023 The Modular Robotics Market for the metals and machinery industry is expected to grow at the highest CAGR duri...