In 2019, the global robotics market was valued at $39.72 billion and was expected to grow by 25.4% in the coming years, making it a hot topic for investors looking to see impressive returns. Of all robotics companies, two are currently in the limelight: Raytheon Technologies and iRobot. Raytheon is a technology and innovation leader specializing in robotics, defense, aerospace, civil government, and cybersecurity solutions, with sales topping $16.4 billion last year despite the impact of the COVID-19 on the global economy. On the other hand, iRobot is a $3 billion company specializing in designing and building consumer robots, including automated vacuum and mops for households.
Source: https://www.cmcmarkets.com/en/opto/should-i-watch-these-2-top-robotics-stocks
