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Stock impact report

Robotics Technologies and Global Markets Report, 2023-2024 & 2029: AI and ML, Cobots, Robotic Process Automation, & Autonomous Vehicles and Drones Emerge as Key Trends [Yahoo! Finance]

Rockwell Automation, Inc. (ROK) 
Last rockwell automation, inc. earnings: 4/28 07:02 am Check Earnings Report
Company Research Source: Yahoo! Finance
The global market for robotics was valued at $67.9 billion in 2023. The market is expected to grow from $78.4 billion in 2024 to $165.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 16.1% from 2024 to 2029. The scope of this study encompasses an analysis of various types of robots, which include whole robots, robot parts, robot software and devices and materials. It also examines different applications of robotics, such as manufacturing, healthcare, defense, food processing, chemical and fuel processing, government, education and research, building maintenance, domestic household, agriculture, and construction, among others. The market growth outlook for robotics is strongly positive with significant growth potential for robotics in the automotive, electrical and electronics, construction, healthcare, and defense segments. There is mounting pressure from end-user industries globally, however, to further reduce prices; improve the features, efficiency and Show less Read more
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