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According to a recent market research report, the industrial robot market is projected to reach $291 billion by 2035, a significant increase from the current market value of $55.1 billion. The report cites automation, advancements in artificial intelligence, and the rise of Industry 4.0 as key drivers of this growth. The automotive and electronics industries will capture major global market share, with East Asia identified as a particularly strong growth area, currently holding two-thirds of the market. The report also notes that growing global labor shortages and consumer demand for faster, more efficient product delivery are contributing factors.

Intel announced its '10X Moonshot' plan during a closed-door event, aiming to promote the deployment of artificial intelligence and Cobots to influence every aspect of company operations. The 10A process is expected to be in production by the end of 2027.