Press release
Global Aerospace Robotics Market worth USD 4.54 billion by 2022, Key Players - Kuka AG (Germany), Gudel AG (Switzerland), Universal Robots A / S (Denmark), Kawasaki Heavy Industries Ltd. (Japan), ABB Group (Switzerland), Electroimpact Inc. (USA), Oliver C
Global Aerospace Robotics Market
The aerospace industry is adopting more and more robots to reduce the workload of human beings. Robots play a crucial role in the aerospace industry, with a wide variety of tasks such as construction, paint and cell perforation, welding and inspection, among others. Robots reduce the pressure of human work and are more precise in the execution of their tasks. The advantages of robots, such as flexibility and precision, have increased the interest of aircraft manufacturers in adopting the technological strength of their operations. The aerospace robotics Industry is expected to increase from USD 1.81 billion in 2016 to USD 4.54 billion in 2022, with a CAGR of 16.55% during the forecast period.
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Global Aerospace Robotics Market - Drivers and restraints:
The surge in labor costs worldwide is generating a growing interest among aircraft manufacturers to adopt robots in their operations to perform the same tasks. Robots help companies reduce human work and increase work efficiency. This factor has a positive impact on the growth of the aerospace robotics industry. In addition, orders for aircraft around the world are increasing significantly, which requires the maintenance of the aircraft portfolio. Aircraft manufacturers are increasingly adopting robots to process the order book. The use of robots in the handling of aircraft orders also drives the growth of the industry. The main limiting factor in the aerospace robotics is the lack of qualified operators, which limits the purchase of aerospace robots, preventing the industry from future development.
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Global Aerospace Robotics Market - Geographical segmentation:
Geographically, the aerospace robotics industry is divided into five strategic regions of North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Europe was the largest contributor of industry in 2016 due to the presence of many robotics companies that focus on the aerospace industry in the region. The Asia-Pacific region is experiencing a steady growth rate due to huge investments in research and development of robots for the aerospace industry and the high rate of adoption in the region.
Main Key Players in Global Aerospace Robotics Market:
The main aerospace robotics manufacturers in the world are Fanuc Corporation (Japan), Kuka AG (Germany), Gudel AG (Switzerland), Universal Robots A / S (Denmark), Kawasaki Heavy Industries Ltd. (Japan), ABB Group (Switzerland), Electroimpact Inc. (USA), Oliver Crispin Robotics Ltd. (United Kingdom), Yaskawa Electric Corporation (Japan) and JH Robotics, Inc. (United States), among others.
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