Forbes September 23, 2024
Aditya Ranjan is Co-founder & COO, Cardinal Robotics.
Commercial robots, once confined to science fiction, are now a tangible reality, poised to revolutionize industries from hospitality and healthcare to food service and logistics. The global commercial robotics market, worth $46.11 billion in 2024, is projected to grow to $73.01 billion by 2030. Similarly, within the United States, the adoption of commercial robots is accelerating, driven by factors such as labor shortages, rising operational costs and the pursuit of operational efficiency.
Why Enterprises Should Consider Investing In Robots
The imperative for commercial robot adoption is driven by a confluence of economic and operational pressures.
Addressing Labor Shortages
A persistent labor shortage across industries has driven the adoption of commercial robots to...