Material Handling Robotics Market to Witness an Outstanding Growth During 2019-2026 - ABB, Comau, Denso Corp
Material handling robotics market is expected to reach $53.9 billion by 2026 in terms of robot systems (including hardware, software, and service), representing a 2019-2026 CAGR of 11.89%. The software market will grow at 13.6% annually over the forecast years, faster than hardware and service segments. The annual shipment is expected to exhibit a CAGR of 16.37% during the same period, advancing to 598.69 thousand units by 2026.
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