TechSci Press Release

Rising demand from small and medium-sized enterprises and the growing electrical and electronics industry are driving the growth of the Vietnam Robotics Market in the forecast period, 2022-2026. According to TechSci Research report,  “ Vietnam Robotics Market  By Component (Hardware and Software), By Type (Articulated, Cartesian, SCARA, Cylindrical and Others), By End User (Healthcare, Media & Entertainment, Aerospace & Defence, Logistics, Automotive and Others), By Region, Competition Forecast & Opportunities, 2026” , the Vietnam Robotics market is expected to witness steady growth in the forecast period, 2022-2026. The adoption of robots over a number of industries including healthcare, defense, security, logistics, electronics, food and beverage, automotive, inspection and maintenance are driving the demand of the Vietnam Robotics market. The advantages associated with using robotic technology are improved quality and increased production. It also reduces the ...

Vietnam Robotics market is anticipated to grow at an impressive CAGR during the forecast period, 2023-2027. Ongoing technological advancements in the Robotics industry and the increasing need for adopting measures for automatic handling of materials to reduce human error and developing ICT infrastructure are primary driving factors for the Vietnam Robotics market in the next five years. The use of advanced technologies comprising artificial intelligence, 5G technology, and the internet of things in daily life activities is preparing the market to witness significant growth in the Robotics industry in the forecast period. The Vietnamese economy is one of the fastest-growing economies in the world. The manufacturing industry is considered one of the prominent revenues generating industries in the country. Intense competition among the major market players makes the players adopt advanced technologies and equipment to boost the production volume. Increasing GDP is strengthening the compa...