The global industrial robotics market is expected to grow significantly due to the rising penetration of IoT and investments in robotics. The market is being driven by the trend of Industry 4.0 and the growing demand for industrial robotics. Major players in this market include Kuka Robotics Corporation, ABB Ltd., Panasonic Corporation, Seiko Epson Corporation, Nachi-Fujikoshi Corporation, and Fanuc Corporation.
