![]() ![]() ![]() Robotics is a crowded industry of more than 500 companies making products that can be best broken down into four categories: conventional industrial robots and cobots, stationary professional services (such as those with medical and agricultural applications), mobile professional services (such as professional cleaning, construction, and underwater activities), and automated guided vehicles (AGVs) for transporting large and small loads in logistics or assembly lines. But the speed with which they will be able to transform the trajectory of the field is still a wildcard. Meanwhile, smaller rivals and startups will be pushing innovation in areas that have the potential to generate high profits and alter the dimensions of the robotics industry. But a more-nuanced analysis is that to succeed, established companies manufacturing machinery and industrial automation hardware and software must be both nimble and aggressive, prepared to take advantage of new strategic and technological directions that will likely become more important as 2030 approaches but may not be their traditional strengths. Our very concise conclusion: robotics has significant upside potential. To offer insight, BCG did a deep dive into the robotics industry and the potential for old and new players to grow over the next decade. Robotics is a diverse sector with many moving parts, and what its future will look like is a complex question. Technology, Media, and Telecommunications. ![]()
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