According to a recent report, the global robotics industry is set to experience explosive growth over the next few years. The report predicts that the global robotics market will reach $172 billion by 2025. The growth is being driven by the rapid development and widespread adoption of various automation technologies, including artificial intelligence, machine learning, and the Internet of Things.

The report notes that while the automotive industry has traditionally been the largest customer for robotics systems, there is increasing demand from other industries, including healthcare, logistics, and agriculture. The report also highlights the growing importance of collaboration between humans and robots, with the development of advanced human-robot interfaces and collaborative robots.