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The Automotive Robotics Market has been segmented by End-user Type (Vehicle Manufacturers, Automotive Component Manufacturers), Component Type (Controller, Robotic Arm, End effector, 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.
Study Period:
2018 - 2026
Base Year:
2020
Fastest Growing Market:
Asia Pacific
Largest Market:
Asia Pacific
CAGR:
10.87 %
The automotive robotics market is anticipated to register a CAGR of about 10.87%, during the forecast period (2020 – 2025).
The automotive robotics market covers the latest trends and technological development in the robotics market, demand of the end user type, component type, product type, function type, geography and market share of major robotic technology and service developers across the world.
By End-user Type | |
Vehicle Manufacturers | |
Automotive Component Manufacturers |
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 |
Geography | ||||||
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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.
Now, the automotive industry is shifting its focus toward the new technology trends, like compact robot and controller, higher communication speed, low spatter, and high-speed welding, human collaborative robot with industry 4.0.
Now with all application automobile company moving toward Internet of Things (IoT). Growth in the IoT concept and technological advances have boosted the use of automated technologies in various industries. The high penetration rate of smart devices and the use of wireless and cloud technologies will change the face and mode of operation of robots in the near future.
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The Americans are buying cars, which raise the production in the automotive sector in countries, such as Canada and the United States, as well as North America, which is one of the automobile manufacturing companies' hub, owing to which North America is a leading region in the automotive robotics market.
APAC 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.
Western & Eastern Europe, as well as Japan, are the other regions which are known as the origin of key players from the automobile industry. 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.
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The major players in the automotive robotics market are ABB, Adept, Epson Robotics, Fanuc, Honda, Intuitive Surgical, iRobot, Kawasaki, KUKA, and Yaskawa Electric, among others. The companies in the market are using the latest technologies for being ahead in the competition. For instance:
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By End-user Type
5.1.1 Vehicle Manufacturers
5.1.2 Automotive Component Manufacturers
5.2 Component Type
5.2.1 Controller
5.2.2 Robotic Arm
5.2.3 End Effector
5.2.4 Drive and Sensors
5.3 By Product Type
5.3.1 Cartesian Robots
5.3.2 SCARA Robots
5.3.3 Articulated Robot
5.3.4 Other Product Types
5.4 By Function Type
5.4.1 Welding Robot
5.4.2 Painting Robot
5.4.3 Assembling and Disassembling Robot
5.4.4 Cutting and Milling Robot
5.5 Geography
5.5.1 North America
5.5.1.1 United States
5.5.1.2 Canada
5.5.1.3 Rest of North America
5.5.2 Europe
5.5.2.1 Germany
5.5.2.2 United Kingdom
5.5.2.3 France
5.5.2.4 Rest of Europe
5.5.3 Asia-Pacific
5.5.3.1 China
5.5.3.2 Japan
5.5.3.3 South Korea
5.5.3.4 Rest of Asia-Pacific
5.5.4 Rest of the World
5.5.4.1 South America
5.5.4.2 Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share**
6.2 Company Profiles
6.2.1 ABB
6.2.2 Omron Adept Robotics
6.2.3 FANUC
6.2.4 Honda Motor Co. Ltd
6.2.5 Kawasaki Robotics
6.2.6 KUKA Robotics
6.2.7 Yaskawa Electric
6.2.8 Harmonic Drive System
6.2.9 Nachi-Fujikoshi Corp
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability