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The use of artificialintelligence offers a tremendous opportunity for the robotics industry to respond to customer and societal needs. For example, precision painting technology in the automotive sector can reduce material waste by up to 60% and enhance sustainability by reducing energy and water use.
There have been over a hundred large orders placed in the automotive and non-industrial sectors, driving down average prices. The impact of delays to warehousing logistics projects has also resulted in a slower growth rate than expected. As a result, we predict annual price declines will remain at 3-5%.
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