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The Cyber Physical System (CPS) market is a rapidly growing sector of the robotics industry. It is a combination of physical and digital components that interact with each other to create a system that can sense, act, and respond to its environment. CPS technology is used in a variety of applications, such as autonomous vehicles, industrial automation, and medical robotics. It is also used in the development of smart cities, where sensors and other devices are used to monitor and control the environment.
CPS technology is becoming increasingly important in the robotics industry, as it enables robots to interact with their environment in a more intelligent and efficient way. This technology is also being used to develop robots that can perform complex tasks, such as medical procedures, and to create robots that can interact with humans in a more natural way.
Some of the leading companies in the CPS market include ABB, KUKA, Fanuc, Yaskawa, and Omron. These companies are developing a range of products and services that are designed to make robots more intelligent and efficient. They are also working on developing new technologies that will enable robots to interact with their environment in a more natural way. Show Less Read more