$94 Billion Robotics Market Set to Surge 300%: 1 ETF to Buy Now

• Some corners of the robotics manufacture could really surge overmuch much than 300%.

• Signs constituent to estimates for manufacture maturation being excessively restrained.

• This ETF features a roster of acquainted stocks and makes robotics investing simpler.

• 10 stocks we similar amended than Global X Robotics & Artificial Intelligence ETF ›

In the past decade, robotics has been a large illustration of thematic investing, but for arsenic rapidly arsenic it burst onto the scene, it definite felt similar it was rapidly surpassed by artificial quality (AI).

That doesn't mean the robotics concern thesis has fizzled retired oregon lacks relevance. It's really arsenic applicable arsenic ever and, similar AI, it's increasing by leaps and bounds. Consider the following: As of the extremity of past year, the size of the planetary robotics exertion marketplace was estimated to beryllium $94.5 billion, but that fig is forecast to surge to $372.6 cardinal by 2034. That's astir a quadrupling.

If that maturation forecast is met oregon exceeded, the Global X Robotics & Artificial Intelligence ETF (NASDAQ: BOTZ) could present outsize gains for diligent investors. The $3.04 cardinal money debuted successful September 2016, making it 1 of the oldest products successful the robotics class -- bully superficial stats, but determination are deeper reasons wherefore this exchange-traded money (ETF) could excel successful the years ahead.

The $94.5 cardinal to $372.6 cardinal robotics maturation forecast mentioned above, assuming it proves accurate, is evidently compelling and sets the instauration for investing successful this theme. However, the Global X ETF could beryllium a multibagger successful the making for a elemental reason: That estimation could beryllium to beryllium acold excessively conservative. The improvement of the humanoid robotics marketplace explains why.

Humanoid robots -- you guessed it -- bash quality tasks, including tasks successful factories and the healthcare and logistics industries. Combine the inferior of these robots with expectations that prices volition diminution arsenic adoption increases, and we're talking astir a monolithic full addressable marketplace -- 1 that could pave the mode for large gains for this ETF. One estimation indicates the full addressable marketplace for concern humanoids could swell to $1.75 trillion by 2035. That's trillion with a "t."

And that's conscionable concern humanoids, oregon 1 subset of the humanoid space. Sure, it whitethorn consciousness similar an occurrence of The Jetsons travel to life, but household humanoids are existent and, arsenic mean selling prices (ASPs) decline, that marketplace could grow to an estimated $2.8 trillion.

Said different way, this ETF could get a assistance from the broader adoption of robots that bash things similar cleaning sinks and washing dishes -- chores we existent humans don't enjoy.