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The Modular Robotics Industry was estimated to be worth USD 10.5 billion in 2022. It is projected to grow at a compound annual growth rate (CAGR) of 18.1% during the forecast period of 2023-2030, reaching a market value of USD 40.68 billion by 2030.This significant growth in the industry reflects the increasing demand for modular robotics solutions across various sectors. The adoption of modular robotics systems offers numerous benefits, including enhanced flexibility, scalability, and efficiency in operations.The forecaste... more

The Modular Robotics Market Growth was estimated to be USD 10.5 billion in 2022 and is projected to reach USD 40.68 billion by 2030, with a compound annual growth rate (CAGR) of 18.1% during the forecast period from 2023 to 2030.This significant growth in the modular robotics market can be attributed to various factors, including advancements in technology, increasing demand for automation in industries, and the need for flexible and customizable robotic solutions.With the rapid pace of technological innovation, modular rob... more