China Robotics Market Set to Grow By 2032: Government Regulations and Initiatives Shaping the Future
The China robotics market has witnessed significant growth over the past few years and continues to expand at an impressive rate. According to recent projections, the China robotics technology market is expected to grow from USD 6.6 billion in 2023 to an estimated USD 11.8 billion by 2032. This expansion corresponds to a compound annual growth rate (CAGR) of 7.5% during the forecast period from 2023 to 2032.
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