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In-Depth Technical Insights of ‘Automotive Robotics Market’ and Forecast during 2018 – 2026 | Leading Manufacturers: Rockwell Automation (US), ABB Ltd. (Switzerland), Kawasaki Heavy Industries (Japan), KUKA AG (Germany), Denso Corporation (Japan)

Automotive Robotics Market

Automotive Robotics Market

High demand of robots from Japan and South Korea would help in the growth of the Automotive Robotics Market in the region. Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period.

Automotive Robotics Market is anticipated to reach over USD 14,170 million by 2026 according to a new research published by Polaris Market Research. In 2017, the articulated robots dominated the market, in terms of revenue.

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With international labor safety standards becoming more stringent, robots are being employed in hazardous environments in place of humans. Robots find application in situations that are dangerous and unsafe for human beings to work, such as working in irregular terrains and handling hazardous substances. Robots enable organizations to avoid risks and reduce the number of work accidents. This factor leads to greater adoption of robotics solutions in the global automotive industry.

Growth Factors: -

There has been an increase in the demand of automotive robotics across the world owing to greater need for automation of manufacturing processes. With the increasing use of collaborative robots in automotive applications, the overall demand for robotics to also influence the Automotive Robotics Market growth.

Growing demand from automotive industry for high quality products, along with increasing labour costs encourages companies to invest in automotive robotics. Automotive robots are being adopted by small and medium sized organizations at a huge pace for automation of manufacturing processes.

Growing need for automation and increasing labor costs further fuels the market growth. In addition, availability of affordable, high quality customized robotics solutions for diverse applications in the automotive industry stimulates the market growth.

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The key players operating in Automotive Robotics Market include: -
• FANUC Corporation (Japan)
• Rockwell Automation (US)
• ABB Ltd. (Switzerland)
• Kawasaki Heavy Industries (Japan)
• Denso Corporation (Japan)
• Mitsubishi Electric Corporation (Japan)
• Yaskawa Electric Corporation (Japan)
• KUKA AG (Germany)
• Nachi-Fujikoshi Corporation (Japan)

These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. Automotive Robotics Market players are introducing application specific robots to meet the growing needs of the automotive industry.

Owing to stiff competition in the global automotive market, players are introducing low-cost and high-quality robots to meet consumer demands. The advancements in technology enable developers to design new innovative products while maintaining the affordability of the product.

The recently developed robots are energy efficient and designed to serve specific applications in the automotive industry. Acceptance of such robots by small and medium businesses has increased owing to its low cost and increased flexibility.

Partial TOC of Automotive Robotics Market: -

1. Industry snapshot
2. Ecosystem analysis
3. Market Dynamics
4. Industry analysis - Porter's five force
5. Degree of competition
6. Market PEST Analysis, 2017
7. Market Value Chain Analysis
8. Industry Trends
9. Competitive Ranking Analysis

About Us:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

Contact Us:
Mr. Neel
Corporate Sales, USA
Polaris Market Research and Consulting
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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