Robotic Flexible Washer
Global Robotic Flexible Washers Market to Reach $1.4 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Robotic Flexible Washers estimated at US$975.8 Million in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2027, growing at aCAGR of 4.9% over the period 2020-2027. Standalone Washers, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$782.6 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Modular Washers segment is readjusted to a revised 4.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $268.4 Million, While China is Forecast to Grow at 8.3% CAGR
The Robotic Flexible Washers market in the U.S. is estimated at US$268.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$276.4 Million by the year 2027 trailing a CAGR of 8.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.
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