Robotics technology is an interdisciplinary field that involves the integration of engineering, computer science and other fields of science to design, develop, and deploy robots. The global robotics technology market was valued at $87.4 billion in 2022 and is estimated to reach $349.8 billion by 2032, growing at a CAGR of 15.2%. Robotics technology is applicable in several industries, reducing operational costs, increasing efficiency & accuracy, and improving business experience. Autonomous mobile robots (AMRs) and automated guided vehicles (AGVs) are widely used in the logistics and warehousing industry.
