In this article we will take a look at the 10 best robotics stocks for 2021. You can skip our detailed analysis of the robotics industry’s outlook for 2021 and some of the major growth catalysts for robotics stocks and go directly to 5 Best Robotics Stocks For 2021.
Governments and organizations around the world have been soliciting proposals for increased automation in industry and management as they aim to implement the lessons of the COVID-19 pandemic on a large scale. The robotics industry, forecast to grow at a compound annual growth rate of 26% till 2025, is set to see record profits. Dublin-based firm Research and Markets reveals that global robotic sales stood at $40 billion in 2019, with the number set to increase in 2021.
Growth Catalysts for Robot Stocks
Even though robots have been around since the 1960s and there has been a steady uptick in robotics sales over the past few decades, the automation revolution has picked up…