Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 789.2 Million | USD 1,566.1 Million | 12.1% | 2021 |
FrequentlyAsked Questions
The global robotic cutting, deburring, and finishing market began to gain traction as a result of its advantages over traditional cutting, deburring, and finishing instruments. The need for industrial robots is always increasing due to the manufacturing sector's need for high productivity and accuracy over the forecast period.
According to the Market Research report, the Robotic Cutting, Deburring, and Finishing Market was worth about 789.2 (USD million) in 2021 and is predicted to grow to around 1,566.1 (USD million) by 2028, with a compound annual growth rate (CAGR) of around 12.1 percent.
The Asia Pacific is estimated to be dominant in the global market in the forecast period. The rising population and disposable income of individuals boost consumption of consumer goods and other products, resulting in increased production capacity and market size.
Some of the main competitors dominating the Robotic Cutting, Deburring, and Finishing Market include - ABB, FANUC, Kawasaki Heavy Industries, KUKA, Yaskawa Motorman, ARCOS, ATI Industrial Automation, Fastems, Genesis Sytems, Romheld Automation, DAIHEN Corporation, DENSO Robotics, Staubli International AG, Universal Robots, Comau.
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