TechNavio's analysts forecast the Global Automotive Industrial Robotics market to grow at a CAGR of 4.81 percent over the period 2012-2016. One of the key factors contributing to this market growth is increasing factory automation across the globe. The Global Automotive Industrial Robotics market has also been witnessing the increasing adoption of industrial flexible manufacturing systems. However, the high initial investment required for the installation of industrial robots could pose a challenge to the growth of this market.

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