The global robot arms market is projected to reach a valuation of US$ 77.2 billion by 2033, growing at a CAGR of 11.4% from 2023. The increasing integration of technologies like artificial intelligence and machine learning is driving the demand for robot arms in various industries. The United States is expected to hold a dominant market share in North America, while the healthcare sector is anticipated to account for a significant portion of the market. Collaborative robot arms are also expected to see significant growth in the coming years.
