openPR Logo
Press release

Automation Technology to Augment the Global Automotive Robotics Market Growth

11-29-2022 09:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Inkwood Research

Automotive-Robotics-Market

Automotive-Robotics-Market

According to a new market research report launched by Inkwood Research, the Global Automotive Robotics Market is estimated to advance at a growth rate of 12.16% during the forecast period 2021-2028, attaining revenue worth $13.97 billion by 2028.
Browse 81 market data Tables and 65 Figures spread over 274 Pages, along with in-depth analysis on the Global Automotive Robotics Market by Robot Type, Components, Applications, & by Geography.
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Automotive Robotics Market Scenario
Automation has emerged as a major boon for the automotive sector, increasing production rate immensely over the past few years. Moreover, the new product developments have given a competitive edge to OEMs in the industry. As per estimates, the automotive industry is among the most important industrial robot end-users. These robots have found application in painting, welding, machine tending, and gluing. As a result, advanced technologies integrated with machine learning, along with automation, are adopted to advance the production process.
However, there has been a global shortage of professionals with high-level skillsets, affecting robotics development significantly. Besides this, the cost of industrial robotics has surged over the years. For instance, an industrial robot arm can cost around $25,000 to $400,000. As a result, the high cost and shortage of skilled professionals impede the automotive robotics market's growth globally.
The Global Automotive Robotics Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Automotive Robotics Market by Robot Type, Components, Applications, & by Geography: https://inkwoodresearch.com/reports/automotive-robotics-market/#request-free-sample

Market Segmentation
Market by Robot Type
• Articulated Robots
• Cartesian Robots
• Cylindrical Robots
• SCARA Robots
• Other Robots (Polar/Spherical Robots)
Market by Components
• Controller
• Robotic Arm
• End Effector
• Sensors
• Drive
• Other Components
Market by Applications
• Assembly
• Cutting & Milling
• Material Handling
o AGVS
o Others
• Welding
o Arc
o Spot
o Laser
o Other Welding
• Painting
o Coating
o Dispensing
o Sealing
o Spraying
o Polishing
• Other Applications

Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028

Companies Profiled
• ABB LTD
• COMAU SPA
• DENSO WAVE INCORPORATED
• DÜRR AG
• FANUC CORPORATION
• HARMONIC DRIVE AG
• HONDA MOTOR CO LTD
• KAWASAKI ROBOTICS INC
• KUKA AG
• NACHI-FUJIKOSHI CORPORATION
• OMRON CORPORATION
• SEIKO EPSON CORPORATION
• UNIVERSAL ROBOTS A/S
• YAMAHA ROBOTICS INC
• YASKAWA ELECTRIC CORPORATION

Related Reports
GLOBAL SCARA ROBOTS MARKET - The global SCARA robots market is estimated to register growth at a CAGR of 9.90% over the forecasted period 2019 to 2028.

GLOBAL INDUSTRIAL ROBOTICS MARKET - The global market for industrial robotics is expected to witness a growth rate of 10.21% over the forecast period 2021-2028.

GLOBAL COLLABORATIVE ROBOTS MARKET - The global collaborative robots market is anticipated to rise in terms of revenue at a CAGR of 45.64% during the years 2019-2027.

Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automation Technology to Augment the Global Automotive Robotics Market Growth here

News-ID: 2825862 • Views:

More Releases from Inkwood Research

Government Rules to Promote the Growth of the Electric Vehicle Power Inverter Market
Government Rules to Promote the Growth of the Electric Vehicle Power Inverter Ma …
As per a new market research report launched by Inkwood Research, the Global Electric Vehicle Power Inverter Market is expected to reach $34868.78 million by 2032, growing with a CAGR of 14.36% during the forecasting period, 2024-2032. Refer to the Report Summary Here: https://inkwoodresearch.com/reports/electric-vehicle-power-inverter-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all
North America Epoxy Resins Market Size 2022-2030
North America Epoxy Resins Market Size 2022-2030
According to Inkwood Research, the North America Epoxy Resins Market is set to experience significant growth, with a predicted compound annual growth rate (CAGR) of 5.99% over the forecast period from 2022 to 2030. By 2030, the market is expected to reach a substantial revenue share of $1978.72 million. This market encompasses the United States and Canada, two key regions contributing to its expansion. Refer to the Report Summary Here: https://inkwoodresearch.com/reports/north-america-epoxy-resins-market/#report-summary?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR Epoxy
United States Electric Vehicle Power Inverter Market Growth
United States Electric Vehicle Power Inverter Market Growth
According to Inkwood Research, the United States Electric Vehicle Power Inverter Market is poised for substantial growth, with a forecasted compound annual growth rate (CAGR) of 14.46% from 2024 to 2032. By 2032, the market is expected to achieve a revenue share of $3588.00 million. This market's expansion is driven by the increasing adoption of electric vehicles (EVs) in the United States, which necessitates advanced power inverter technology. Refer to the Report
Lifestyle and Wellness Factors Fuel Decaffeinated Products Market Growth
Lifestyle and Wellness Factors Fuel Decaffeinated Products Market Growth
As per a new market research report launched by Inkwood Research, the Global Decaffeinated Products Market is expected to reach $6904.54 million by 2032, growing with a CAGR of 7.07% during the forecasting period, 2024-2032. Refer to the Report Summary Here: https://inkwoodresearch.com/reports/decaffeinated-products-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects

All 5 Releases


More Releases for Robot

Robot Pet Care Market 2022 Precise Outlook|Litter-Robot, Hexbug, CatGenie - Petn …
The Robot Pet Care Market report is a great source of insightful data for business strategists. It gives an overview of the industry, as well as growth projections and historical and forecasted cost, revenue, demand, and supply statistics (as applicable). The research experts provide a detailed overview of the value chain as well as a study of its distributors. The Robot Pet Care Market analysis contains in-depth information that will
Cyber Security in Robotics Market to 2027 - Global Analysis and Forecasts by Com …
Cybersecurity concerns have been most important for industrialists. Fast progress made by robotics in our day to day lives is creating a strong automation effect in a wide-ranging range of grounds. With every passing day, the abilities of robotics have innovated from the installation of new control systems and manipulators, new sensors, and power supply systems. Robotic process automation (RPA) is growing popularity in cybersecurity in robotics. Organizations are looking
Robotic Polishing Machine Market Size 2019 - Logen Robot, DANBACH ROBOT, MEPSA
Robotic Polishing Machine Market Research Report Formulates with historic data up to 2019 and gives a forecast for 2019-2024. The report gives a comprehensive outlook of the market including the current market status, historic, and expected way forward for the global Robotic Polishing Machine market. The report inspects market size, key trends, technologies, challenges, product scope, industry revenue, and growth opportunities. The report delivers data on the drivers and restraints
Flexiv Ushers In 3rd Gen Robot With Launch Of Adaptive Robot Arm
• Product launch of world’s first adaptive robot at Hannover Messe 2019 • Broader set of task applications - can be applied to different scenarios and industries, even in uncertain environments • Bottom-up innovation and all-inclusive robot design for great adaptivity • Proprietary force control and AI technology from top AI and robotics researchers HANNOVER, Germany, April 2, 2019 – Flexiv Ltd. today ushered in a new generation of industrial robot with the launch of
Robotics Market by Data Type (Automotive Robot, Mobile Robot, Industrial Robot, …
Global Robotics Market was valued at USD 46.18 Billion in the year 2017. Global Robotics market is further estimated to grow at a CAGR of 13.52% from 2018 to 2023 to reach USD 112.6 billion by the year 2023. Asia-Pacific region holds the highest market share in 2017 and North America market is considered as the fastest growing market in the forecasted period. At country level China, Japan and India
Pipeline Robot Market Competitive Strategies of Key Manufacturers: Diakont, Trio …
The qualitative research study conducted by HTF MI titled “Global Pipeline Robot Market Research Report 2018” provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Pipeline Robot market. The study provides forecasts for Pipeline Robot investments till 2022. If you are involved in the Pipeline Robot industry or intend to be, then this