Automotive Robotics Market Share, Size, Global Business Growth, Industry Revenue 2029
Automotive Robotics Market was valued at US$ 8.6 Bn. in 2021. The Global Automotive Robotics Market size is estimated to grow at a CAGR of 11.5 % over the forecast period.
Automotive Robotics Market Overview
Maximize Market research, a global Healthcare market research firm, has market research report on Automotive Robotics Market The report on Automotive Robotics Market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Insights of the report covers the drivers, restraints, challenges & opportunities for Automotive Robotics market growth.
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Automotive Robotics Market Report Scope and Research Methodology
The report covers the current trends prevailing in the market & changing market scope. For understanding the global factors affecting the industry, the report presents drivers, challenges, restraints and opportunities prevailing in the Automotive Robotics market. Segments covered in the Automotive Robotics report are by and region facilitating the leading companies for identifying investment pockets and opportunities industry.
The analysis covers various aspects of the market, including region, revenue, financial status, portfolio, technological advancement, and mergers and acquisitions. Additionally, the report conducts research on new entrants and existing players in the Automotive Robotics market to identify their growth prospects and future business outlook.
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Automotive Robotics Market Regional Insights
The report offers an in-depth analysis of the factors influencing growth, limitations, future prospects, and competition within the industry across all regions. The market is classified by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Automotive Robotics Market Segmentation
Based on Type, the Automotive Robotics Market is segmented into Articulated Robotics, Cartesian Robots, Cylindrical Robots, SCARA Robots. Articulated robots will account for over 55% of the automotive robotics market revenue share by 2029 driven by their increased usage in welding, material removal, material handling, and dispensing. They normally have four to six axes, but with increased technology and research, they may have up to ten axes, increasing their versatility. This improves the company's productivity by increasing accuracy and speed. Because of their longer shelf life, the prices of these products are decreasing.
Due to handling and high-speed assembly activities, SCARA robots are projected to be widely adopted. SCARA robots will be accepted due to increased throughput and fewer bottlenecks. Micro-manufacturing automation is a major driver of demand in the parallel robot industry. Multiple end-users have benefited from the innovations in these items.
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Automotive Robotics Market Key Players
• ABB
• KUKA
• Denso Wave
• Yaskawa Electric
• Kawasaki Heavy Industries
• COMAU
• Nachi-Fujikoshi
• Rockwell Automation
• Seiko Epson
• FANUC
• Harmonic Drive System
• Nabtesco Motion Control, Inc.
• Nachi-Fujikoshi Corp.
• Yasakwa Electric Corporation
• Fanuc Corporation
• Dürr AG
• Omron Corporation (Adept Technology, Inc.)
• Kawasaki Heavy Industries (Kawasaki Robotics)
• Comau SpA
• Universal Robots
• Stäubli
• Yamaha Robotics
Key questions answered in the Automotive Robotics Market are:
- What is Automotive Robotics?
- What are the factors driving the Automotive Robotics Market growth?
- What are the main challenges the Automotive Robotics Market growth?
- What was the Automotive Robotics market size in 2021?
- Which trends are expected to generate additional revenue for the Automotive Robotics market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Automotive Robotics Market?
- What growth strategies are the players considering to increase their foothold in the Automotive Robotics Market?
- Who held the largest market share in the Automotive Robotics Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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