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Japan's Service Robot Market to Triple by 2030 ๐ค Japan's service robot industry is on track to nearly triple in size by 2030, reaching an estimated ยฅ400 billion ($2.7 billion). This rapid growth is driven by businesses turning to automation to tackle labor shortages and an aging population. With a predicted workforce gap of 11 million workers by 2040 and nearly 40% of the population being over 65 by 2065, robots are increasingly taking on key roles. For example, Skylark has already deployed 3,000 cat-eared robotic waiters in its restaurants. Source: TechCrunch
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Indian electrical equipment industry projected to hit $130 billion by 2030, Read more at: https://energy.economictimes.indiatimes.com/news/power/indian-electrical-equipment-industry-projected-to-hit-130-billion-by-2030-exports-to-amplify-ieema-chief
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