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The Modular Robot market is a subset of the Robotics industry, focusing on robots that are composed of multiple, interchangeable parts. These robots are designed to be easily reconfigured for different tasks, allowing them to be used in a variety of applications. Modular robots are often used in industrial settings, such as manufacturing, assembly, and inspection, as well as in research and development. They can also be used in medical and educational settings, as well as in the home. Modular robots are typically composed of a number of components, such as actuators, sensors, and controllers, which can be connected in various ways to create different configurations. This allows them to be adapted to different tasks and environments. Additionally, modular robots are often designed to be easily reconfigured and reprogrammed, allowing them to be used in a variety of applications. Some companies in the Modular Robot market include Universal Robots, Rethink Robotics, FANUC, KUKA, and ABB. Show Less Read more