ID: MRFR/AM/1457-HCR | February 2021 | Region: Global | 100 pages
Automotive robotics system is used to assist the manufacturing process in the automotive industries such as assembling, welding, cutting, dispensing, painting and others. The usage of automotive robotics in the manufacturing process helps reducing the operational cost as it helps improve quality & operational flexibility, decrease production & manufacturing errors, and also reduce wastage of the raw material. Moreover, Increased concerns for labor safety, the adoption of automation to ensure quality production, and to meet market demand on time are the main drivers which is expected to contribute in the growth of the automotive robotics market. The global automotive robotics market is expected to show a growth at CAGR of about 10% from 2016 to 2022.
In North America, automotive robotics market would grow rapidly due to the demand & adoption of robotics technology and in Europe the market is showing substantial hike due to presence of large number of automotive industry. However, Asia Pacific is expected to witness considerable growth due to rapid industrialization and rising automotive industries.
Automotive Robotics Market, by Region (USD Million)
The key players of Global Automotive Robotics Market report include- ABB Group, Comau SpA, Denso Wave Incorporated, Dürr AG, Fanuc Corporation, Harmonic Drive System, KUKA AG, Kawasaki Heavy Industries (Kawasaki Robotics), Nabtesco Motion Control, Inc., and Nachi-Fujikoshi Corp.
The report covers brief analysis of country level market information – North America
The report for Global Automotive Robotics Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Frequently Asked Questions (FAQ) :
The rate at which the market can develop in the coming years is 10%.
The market valuation by 2026 can be quite significant, on account of the rising need to bring down the cost of the operation along with production & manufacturing and also curb the wastage of raw materials.
Leading vendors in the worldwide market for automotive robotics are Nachi-Fujikoshi Corp (Japan), Denso Wave Incorporated (Japan), Dürr AG (Germany), Comau SpA (Italy), Kawasaki Heavy Industries (Kawasaki Robotics) (Japan), Nabtesco Motion Control Inc. (USA), Fanuc Corporation (Japan), ABB Group (Switzerland), Harmonic Drive System (Japan), KUKA AG (Germany), and others.
The types of automotive robotics considered in the report are software, services and hardware.
Frequent technological advancements, given the rising demand as well as adoption of robotics technology and the overall expansion of the automotive industry boost the market growth in North America.