The Electronics and Automation industry, encompassing sub-industries such as Electrical and Electronics and Robotics, is at the forefront of technological innovation and economic growth. The global electrical and electronics market is projected to reach $5.8 trillion by 2026, driven by advancements in consumer electronics, renewable energy, and smart technologies. The robotics market is expected to grow to $74.1 billion by 2026, with a CAGR of 17.45%, fueled by increasing automation in manufacturing, healthcare, and service industries.
34%
The healthcare industry is undergoing a transformative period, with automation streamlining repetitive tasks such as the entire onboarding and administrative process for new patients. This shift ensures that medical professionals can focus their time on critical activities rather than back-office tasks, enhancing efficiency and patient care.
45%
Customers are increasingly aware of the need to reduce energy consumption and are actively seeking electronic devices with energy-efficient features. Discover the key factors driving their purchasing decisions in Sid’s report.
23%
Cobots, or collaborative robots, work alongside humans to enhance the efficiency of the entire value chain. These robots are equipped with multiple safety measures to ensure they can operate safely in shared spaces with humans. Learn more about the leading manufacturers of cobots and discover the most popular models in the market.
