Morgan Stanley Projects China's Robot Market to Double by 2028, Reaching $108 Billion
1 week ago / Read about 0 minute
Author:小编   

According to a Morgan Stanley report, China's robot market is experiencing rapid growth, with projections indicating a doubling in size from $47 billion to $108 billion between 2024 and 2028. This represents an annual growth rate of 23%. China currently holds a 40% share of the global robot market, cementing its position as the world's largest robot market and innovation hub.