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The Robotic Arm market is a subset of the Robotics industry, which is focused on the development and production of robotic arms. Robotic arms are used in a variety of applications, such as manufacturing, medical, and military. They are designed to automate repetitive tasks, increase production efficiency, and reduce human labor costs. Robotic arms are typically composed of several components, including a controller, actuators, sensors, and end-effectors.
Robotic arms are becoming increasingly popular due to their ability to perform complex tasks with precision and accuracy. They are also becoming more affordable, making them accessible to a wider range of businesses. Additionally, advances in artificial intelligence and machine learning are allowing robotic arms to become more autonomous and capable of performing more complex tasks.
Some of the major companies in the Robotic Arm market include ABB, KUKA, FANUC, Yaskawa, and Universal Robots. These companies are leading the way in the development of robotic arms, offering a wide range of products for various applications. Show Less Read more