Machine tending Robots Market Insights Video

According to Cognitive Market Research, The Global Machine-tending robots market size will be USD 105.6 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 14.30% from 2023 to 2030.

• The demand for the Machine tending robots marketis rising due to thegrowing demand for automobiles and consumer electronics products, along with significant investments in research and development by key industry players.
• Demand for injection molding remains higher in the Machine tending robots market.
• The articulated category held the highest machine-tending robots market revenue share in 2023.
• North America will continue to lead, whereas the Asia Pacific machine-tending robots market will experience the strongest growth until 2030.