Press release
Global Automotive Robotics Market 2018 Key Players are KUKA, ABB, FANUC, Rockwell, Kawasaki Heavy Industries, Yaskawa, Comau, Denso Wave, Omron Corporation, Universal Robots
Automotive Robotics Market
Automotive Robotics Market size is projected to exceed USD 5.96 billion by 2024; according to a new research report by Global Market Insights, Inc. Growth in automobile industry is creating positive impact over the implementation of advanced products to meet the customer demand. Improved focus of vendors on automation solutions to eliminate risk factors arising from labor will spur the demand for automotive robotics. Additionally, extensive usage of robotics will lead to reduction of labor costs and thereby increase OEMs profitability.
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SCARA robots used in the automobile industry will cross over 33 thousand units by 2024. This can be credited to increasing usage in applications such as high-speed assembly and handling operations. Rising demand for reduced bottlenecks and optimized productivity will boost the product penetration.
Top Key Players:-
The key players of global Automotive Robotics Market are KUKA, ABB, FANUC, Rockwell, Kawasaki Heavy Industries, Yaskawa, Comau, Denso Wave, Omron Corporation, and Universal Robots.
Regional Segmentations:-
In 2016, APAC automotive robotics industry was approximately USD 2.0 billion. The region is attributed to have highest overall industry share owing to products motion control technology. Further, the region has substantial number of vehicle manufacturing facilities contributing to the automotive industry growth. Europe is estimated to have 3.5% CAGR from 2017 to 2024.
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Major Points of Table Of Content:-
Automotive robotics Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Raw material supplier
3.3.2. Manufacturers
3.3.3. Profit margin analysis
3.3.4. Distribution channel analysis
3.3.4.1. B2B
3.3.4.2. OEM
3.3.4.3. Aftermarket
3.3.5. Application
3.3.6. Vendor matrix
3.3.6.1. Product portfolio
3.3.6.2. Role
3.3.6.3. Global presence
3.4. Technology & innovation landscape
3.5. Regulatory landscape
3.5.1. U.S.
3.5.2. EU
3.5.3. China
3.6. Industry impact forces
3.6.1. Growth drivers, by region
3.6.1.1. NA
3.6.1.2. EU
3.6.1.3. APAC
3.6.1.4. LATAM
3.6.1.5. MEA
3.6.2. Industry pitfalls & challenges
3.7. Growth potential analysis
3.8. Porter's analysis
3.9. Competitive landscape, 2016
3.9.1. Company market share analysis, 2016
3.9.2. Key stake holders
3.9.3. Strategy dashboard
3.10. PESTEL analysis
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Parallel robots will witness over 4% CAGR by 2024. Micro-manufacturing automation is a key factor that will fuel the product demand over the forecast time frame. High speed, stiffness, and flexible fixturing are the benefits supporting the product demand.
Software and services segment is projected to cross USD 1 billion in 2024. Improved software programming has enhanced the quality that will further propel the industry growth. Software loaded in the product will enable real time decision making in the production process supporting the industry growth rate.
Automotive robotic controllers are the most commonly used hardware with a CAGR of over 4% in the forecast period. High acceptance of robotic arms is required in areas, where repetitive tasks are performed. Easy installing, lightweight model, and space-saving ability are the features, accelerating the robotic arms industry growth.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Auto Blog: http://freeautomotivenews.com/
Email: sales@gminsights.com
Web: www.gminsights.com
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