In this advancing technology driven digital era, the term robotics is prolific extension of the engineering field, which involves the concept of designing, manufacturing, and operating robots. Robotics is significantly growing to develop intelligent technology solutions that can best help people for defined needs. The world is profusely accepting the prowess of robotics today, and hence the field of robotics is growing in demand. As per a study, the size of the global industrial robotics market was valued at $32.32 billion in 2021, and it is anticipated to reach $88.55 billion, registering a CAGR of 12.1 percent during 2022-30.

Due to the enormous popularity of automation across many sectors over the past few decades, the Indian robotics industry has also seen rapid expansion, and is advancing over the period. According to Statista, revenue in the Robotics market in India is projected to reach $677.40 million in 2022, with further estimates to touch $915.50 million by 2027, exhibiting a CAGR of 6.21 percent during 2022-27. However, the markets largest segment remains Service robotics with a projected market volume of $456.30m in 2022. With the development of new technology, today several enterprises and e-Commerce startups are turning to robots to increase the productivity of their operations, help enhance current processes, and save time and money. There are many Robotics Startups in India leveraging their efficient robotics services in the market to help businesses across automation.

Understanding the current trends and opportunities, this issue of Startupcity magazine brings you a list of '10 Best Robotics Startups -­ 2022' which were selected by comprehensive examination by industry CEOs, VCs, CXOs and our editorial board.