Robotics System Integration Market to Grow by USD 4.95 Billion (2024-2028), Rising Demand for Cobots Driving Revenue, AI Transforming the Market – Technavio

NEW YORK: NEW YORK, Nov. 21, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global robotics system integration market size is estimated to grow by USD 4.95 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 9.59% during the forecast period. Increase in demand for cobots is driving market growth, with a trend towards increase in demand for application-specific industrial robots. However, high cost of services for robotic system integration poses a challenge.Key market players include Amtec Solutions Group Inc., Burke Porter Group, CNC Robotics Ltd., Concept Systems Inc., FH Automation, Geku Automation, Hitachi Ltd., IPG Photonics Corp., JH Robotics Inc, MESH Automation Inc., Midwest Engineered Systems Inc., Mitsui and Co. Ltd., Motion Controls Robotics Inc., Peak Analysis and Automation Ltd., Phoenix Control Systems Ltd., Rhein Nadel Automation GmbH, Scott Technology Ltd., TASI Group, TW Automation, and United Robotics Inc..

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