Automotive Robotics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Automotive Robotics Market Share & Trends and it is Segmented by End-user Type (Vehicle Manufacturers and Automotive Component Manufacturers), Component Type (Controller, Robotic Arm, End effector, and Drive and Sensors), Product Type (Cartesian Robots, SCARA Robots, Articulated Robot, and Other Product Types), Function Type (Welding Robot, Painting Robot, Assembling and Disassembling Robot, Cutting, and Milling Robot), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The report covers market size and forecasts in value (USD billion) for all the above segments.

Automotive Robotics Market Size

Automotive Robotics Market Summary
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Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 11.00 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Automotive Robotics Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Automotive Robotics Market Analysis

The automotive robotics market was valued at USD 8.15 billion in 2021, and it is anticipated to reach USD 15.21 billion by 2027, at a CAGR of 11% during the forecast period (2022 - 2027).

The COVID-19 pandemic negatively impacted the market growth as major companies halted their production activities in wake of lockdowns implemented by governments across the world during the first half of 2020. However, post- pandemic demand started gaining momentum in wake of favorable government relaxations, and policies implemented to resume production and cater to the increasing demand for new vehicles.

Automotive robots are designed to support the production of automobiles in the automotive industry. This extraordinary growth of electric vehicles is positively inducing the use of robots for meeting the growing consumer requirement of this market. The automotive industry has been making use of industrial robotics in the production process for many years now.

A large part of automotive robots is held by articulated robots, and by functions, welding makes the largest use of robots in the automotive industry. Robotic systems in the automotive industry are cost-effective, efficient, and safe, as they can discharge their job quicker than their human counterparts.

Several companies majorly focus on reducing costs, saving time, producing high-quality products, and increasing productivity with minimum error rate in the automation industry are driving the market. In the production plant, for automating the internal processes, the automotive robots are deployed to reduce the workload of employees by creating a work collaboration with the workers to improve efficiency. Companies such as Ford Motors Co., BMW. Etc. that are working on introducing technology in the production plant.

Additionally, rapid technological advancements, such as the integration of the Internet of Things (IoT), cloud solutions, and autonomous intelligent vehicles (AIVs) for transferring components and materials safely from one place to another is contributing to the market growth.

North America region expected to grow significantly during the forecast period followed by Europe, and Asia-Pacific region. Factors, such as strategic collaborations amongst key players, growing vehicle production due to inflating disposable incomes in emerging economies, and rising investments in research and development (R&D) activities for introducing energy-efficient automotive robots are creating a positive outlook for the market.

Automotive Robotics Market Trends

This section covers the major market trends shaping the Automotive Robotics Market according to our research experts:

Technological Innovations are Driving the Market Growth

With the rapidly increasing power of the microprocessor and artificial intelligence techniques, robots have dramatically increased their potential as flexible automation tools. The new surge of robotics is in applications demanding advanced intelligence. Robotic technology is converging with a wide variety of complementary technologies machine vision, force sensing (touch), speech recognition and advanced mechanics.

The automotive manufacturing segment has been taking rapid steps in the industrial automation domain, emerging as a role model for the other industries by showcasing how automation should be utilized to scale up the value chain and achieve zero-defects manufacturing. The automotive industry has been an early adopter of robotics for applications like welding, painting, glue dispensing, etc. However, there are plenty of robotic applications available to choose from within the industry. For instance:

  • The new trend which the automotive industry is witnessing is with respect to autonomous intelligent vehicles (AIV) or mobile robots for material and intermediate goods transport. Robots are also emerging as one of the key parts of end-to-end traceability automation solutions.
  • Another recent trend is collaborative robots; these robots are human-friendly on assembly lines. Such a robot has two arms and works with humans collaboratively to get the best from humans and robots. Such robots are as good as portable robots, which can be placed on worktables, and humans can sit next to them while working.
  • An articulated robot has rotary joints. The rotary joints can range from a simple two joints mechanism to a complex ten or more joints mechanism. An articulated robot is the most common type of robot used in the automotive industry. High flexibility allows easy process changeovers, and this is the reason why small and medium scale enterprises are adopting articulated robots, thus, increasing the demand on a global level.

Now, the automotive industry is shifting its focus toward new technology trends, like compact robots and controllers, higher communication speed, low spatter, and high-speed welding.

Automotive Robotics Market Size

Asia-Pacific Region Expected to Lead the Automotive Robotics Market

Robotics technology is increasingly being adopted in the Asia-pacific region owing to rising demand for automation of processes, improved efficiency and productivity, and reduction in human errors. Various sectors including automotive, healthcare, defense, and aerospace have adopted robotics technology for process automation and efficient resource management. Industrial robots are majorly used in the Asia-Pacific region owing to the dominant automotive industry and low-cost manufacturing units. Rapid expansion of small and medium scale industries across the Asia Pacific is witnessing major growth for automotive robotics market during the forecst period.

Asia-Pacific is the fastest developing region globally, with countries, like India, China, Taiwan, and South Korea evolving as the leaders in this region. Leading vendors, such as ABB and KUKA, are instituting the region as their operation's base. Furthermore, government regulations and funds have empowered projects to improve the infrastructure. These aspects have made APAC the favored automotive manufacturing hub, which will drive the automotive robotics market.

Countries, such as China and India, are the principal countries in Asia-Pacific in terms of development, and many industries, such as automotive, electronics, and aviation, are opening their factories in these countries, which is generating the demand for the automotive robotics market, making Asia-Pacific an emerging region.

Major players in the region are adopting robotics and other advance manufacturing technology for their upcoming vehicles. For instance, in January 2021, Byton signed a manufacturing deal with Foxconn, which will be providing advanced manufacturing technology, operation management expertise, and supply chain resources to Byton. The two companies will work together for Byton's M-Byte electric SUV across all stages of its production line for introducing the SUV in the Chinese market by 2022.

Automotive Robotics Market - Growth Rate by Region (2022 - 2027)

Automotive Robotics Industry Overview

The Automotive front-end module market is moderately consolidated and the majority share of the market is dominated by major players, such as ABB, Adept, Epson Robotics, Fanuc, Honda, Intuitive Surgical, iRobot, Kawasaki, KUKA, Yaskawa Electric, among others. The key players operating in the market are adopting various growth strategies such as expansion, product launches, collaborations, and others. For instance,

  • In February 2021, ABB launched its next-generation cobots for new sectors. ABB expanded its collaborative robot portfolio with the introduction of the new GoFa™ and SWIFTI™ cobot, which offers higher payloads and speeds.
  • In April 2020, KUKA AG and BMW AG signed a framework agreement to supply around 5,000 robots for new production lines and factories. The several robot models from KUKA AG will be used predominantly in body-in-white production and other technologies.

Automotive Robotics Market Leaders

  1. ABB

  2. FANUC

  3. Kawasaki

  4. Yaskawa Electric

  5. Nachi-Fujikoshi Corp.

*Disclaimer: Major Players sorted in no particular order

Automotive Robotics Market Concentration
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Automotive Robotics Market News

  • In May 2022, ABB Robotics launched world's first robot-painted art car. Paint-head technology delivers unprecedented precision and flexibility, reducing complexity while providing a more sustainable, efficient way to paint.
  • In April 2022, ABB Robotics has launched an industry leading, pioneering software solution to transform speed and accuracy in electronics assembly.
  • In March 2022, FANUC Corporation has introduced the new CRX-5iA, CRX-20iA/L and CRX-25iA collaborative robots, the latest additions to its popular CRX series that includes the CRX-10iA and CRX-10iA/L collaborative robots.
  • In March 2022, FANUC Corporation has introduced the new CRX-5iA, CRX-20iA/L and CRX-25iA collaborative robots, the latest additions to its popular CRX series that includes the CRX-10iA and CRX-10iA/L collaborative robots..

Automotive Robotics Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION ( Market Size in Value USD billion )

    1. 5.1 By End-user Type

      1. 5.1.1 Vehicle Manufacturers

      2. 5.1.2 Automotive Component Manufacturers

    2. 5.2 By Component Type

      1. 5.2.1 Controller

      2. 5.2.2 Robotic Arm

      3. 5.2.3 End Effector

      4. 5.2.4 Drive and Sensors

    3. 5.3 By Product Type

      1. 5.3.1 Cartesian Robots

      2. 5.3.2 SCARA Robots

      3. 5.3.3 Articulated Robot

      4. 5.3.4 Other Product Types

    4. 5.4 By Function Type

      1. 5.4.1 Welding Robot

      2. 5.4.2 Painting Robot

      3. 5.4.3 Assembling and Disassembling Robot

      4. 5.4.4 Cutting and Milling Robot

    5. 5.5 By Geography

      1. 5.5.1 North America

        1. 5.5.1.1 United States

        2. 5.5.1.2 Canada

        3. 5.5.1.3 Rest of North America

      2. 5.5.2 Europe

        1. 5.5.2.1 Germany

        2. 5.5.2.2 United Kingdom

        3. 5.5.2.3 France

        4. 5.5.2.4 Rest of Europe

      3. 5.5.3 Asia-Pacific

        1. 5.5.3.1 China

        2. 5.5.3.2 India

        3. 5.5.3.3 Japan

        4. 5.5.3.4 South Korea

        5. 5.5.3.5 Rest of Asia-Pacific

      4. 5.5.4 Rest of the World

        1. 5.5.4.1 South America

        2. 5.5.4.2 Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles*

      1. 6.2.1 ABB Ltd.

      2. 6.2.2 Omron Adept Robotics

      3. 6.2.3 FANUC

      4. 6.2.4 Honda Motor Co. Ltd

      5. 6.2.5 Kawasaki Robotics

      6. 6.2.6 KUKA Robotics

      7. 6.2.7 Yaskawa Electric

      8. 6.2.8 Harmonic Drive System

      9. 6.2.9 RobCo S.W.A.T Ltd

      10. 6.2.10 Nachi-Fujikoshi Corp.

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Automotive Robotics Industry Segmentation

Automotive robots are used by automotive companies for various tasks. The automotive robotics market is segmented by end-user type, component type, product type, function type, and geography.

By End-user Type, the market is segmented into Vehicle Manufacturers and Automotive Component Manufacturers. By Component Type, the market is segmented into Controller, Robotic Arm, End effector, and Drive and Sensors. By Prooduct Type, market is segmented into Carrtesian Robots, SCARA Robots, Articulated Robot, and Other Product Types

 By Function Type, the market is segmented into Welding Robot, Painting Robot, Assembling and Disassembling Robot, Cutting, and Milling Robot. By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. For each segment, market sizing and forecast have been done in basis of value ( USD billion).

By End-user Type
Vehicle Manufacturers
Automotive Component Manufacturers
By Component Type
Controller
Robotic Arm
End Effector
Drive and Sensors
By Product Type
Cartesian Robots
SCARA Robots
Articulated Robot
Other Product Types
By Function Type
Welding Robot
Painting Robot
Assembling and Disassembling Robot
Cutting and Milling Robot
By Geography
North America
United States
Canada
Rest of North America
Europe
Germany
United Kingdom
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
South America
Middle-East and Africa
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Automotive Robotics Market Research FAQs

The Automotive Robotics Market is projected to register a CAGR of 11% during the forecast period (2024-2029)

ABB, FANUC, Kawasaki, Yaskawa Electric and Nachi-Fujikoshi Corp. are the major companies operating in the Automotive Robotics Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the North America accounts for the largest market share in Automotive Robotics Market.

The report covers the Automotive Robotics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automotive Robotics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Automotive Robotics Industry Report

Statistics for the 2024 Automotive Robotics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Automotive Robotics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Automotive Robotics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)