Asia Pacific is expected to dominate the industry through the forecast period, primarily owing to large production and sales in Japan, China, and South Korea. Other major regional markets include the U.S., Germany, and the U.K. The market is characterized by the presence of a relatively small number of original equipment manufacturers in comparison to other types of industrial robots. Most of the solution providers in the industry include system integrators and assemblers. Industry participants are expected to focus on innovation in order to gain strong industry foothold.
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