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The Smart Robot Market is expected to experience significant growth in the coming years, driven by advancements in artificial intelligence and the increasing use of robots in various industries. The market is dominated by key players such as ABB Robotics, who are investing in AI and machine learning to improve the capabilities of their robots. Mergers and acquisitions are also a major trend in the market, as companies look to expand their product offerings and geographic reach. The market is expected to reach a value of $51.2 billion by 2031, with a CAGR of 16.4% during the forecast period.
