The global Automotive Robotics market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of 10.5% throughout the estimate period from 2020 to 2027.
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.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Automotive Robotics market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Automotive Robotics market growth.
The global Automotive Robotics market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
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.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
by Product Type
SCARA Robot
Articulated Robot and
Cartesian Robot
by Type
Hardware
Software and Service
by Application
Gripping
Stamping
Welding
Painting
Assembly and others
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope: