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Report Highlights
- The global market for robotics is estimated to increase from $67.9 billion in 2023 to reach $165.2 billion by 2029, at a compound annual growth rate (CAGR) of 16.1% from 2024 through 2029.
- The global market for drone technology is estimated to increase from $30.4 billion in 2023 to reach $61.2 billion by 2029, at a CAGR of 12.6% from 2024 through 2029.
- The global market for pharmacy automation is estimated to increase from $7.1 billion in 2022 to reach $12.7 billion by 2028, at a CAGR of 10.2% from 2023 through 2028.
Research Review Scope
Robotics technology is transforming industries across the world, driving automation, efficiency, and precision across various sectors. Advanced robotics solutions are being adopted to streamline manufacturing, healthcare, logistics, and other industries, reducing operational costs and improving productivity. Drone technology is another rapidly growing field, enabling enhanced surveillance, delivery services, agricultural monitoring, and infrastructure inspection, making operations more efficient and data-driven. Likewise, commercial drones are expanding as businesses increasingly adopt drones for delivery, security, and aerial data collection, enhancing operational capabilities across multiple industries.
Pharmacy automation is revolutionizing healthcare by integrating robotics into medication dispensing, prescription management, and inventory control, ensuring higher accuracy, reduced errors, and improved patient safety. As robotics technology continues to evolve, these advancements are shaping the future of automation, improving performance, reducing human intervention, and driving innovation in global markets.
Research Reviews from BCC Research provide market professionals with concise market coverage within a specific research category. This 2024 Research Review of robotics technology provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions. This Research Review includes highlights and excerpts from the following reports published by BCC Research in 2024:
- ENG001H Robotics: Technologies and Global Markets
- IAS104E Drone Technology and Global Markets
- IAS026H Pharmacy Automation: Technologies and Global Markets
- IAS203A Global Commercial Drones Market
After you survey the excerpts in this Research Review, we encourage you to follow up on these topics by checking out the full market research reports associated with each topic. BCC Research looks forward to serving your market intelligence needs in the future.
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