According to the latest report by IMARC Group, titled “Aerospace Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global aerospace robotics market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026.
Aerospace robotics represent the robots utilized for the assembly and maintenance of aircraft, space shuttles, and satellites. They are widely used for executing sensitive tasks, including material handling, cutting, riveting, bolting, welding, fabrication of exterior and interior components of the aircraft, etc.