The global robotics industry is among the fastest-growing, with projections that it will expand from $50 billion worldwide in 2025 to $111 billion in just five years. Technology develops at a rapid pace, and the full extent of the applications of robotics and automation is still unclear. However, supporters of the industry believe robotics could play a part in making nearly every sector and industry more efficient, safe, and cost-effective.
With significant investor enthusiasm in artificial intelligence (AI) applications, robotics seems to have taken a back seat in the last year, although the two fields have the potential to be closely related. As such, there are a number of up-and-coming robotics companies available to investors that have been trading under the radar, noting promising developments and building up solid fundamentals without achieving their full potential as investments. We dig into three of them below.
