Aerospace Robotics Market Is Expecting Revolutionary Growth In Coming Years - Competitive Analysis of Prominent Industry Players Profiled Such as ABB Group, KUKA AG, Fanuc Corporation, Yaskawa, Mitsubishi,JH Robotics,Oliver Crispin Robotics Limited,Electr
The global aerospace robotics market is expected to reach $5,687 million by 2022, growing at a CAGR of 17.2% from 2016 to 2022. The articulated robot segment is expected to dominate the global market during the forecast period. North America is expected to generate the maximum revenue in the global market by 2022.Get Sample Report - www.alliedmarketresearch.com/request-sample/2152?utm_source=SS_OPR
The robotics technology is used in the aerospace industry for the variety of applications during the manufacturing of aircraft components including welding, drilling, painting, material handling, cutting, assembly automation, and fabrication of engines. The aerospace robotics market offers automation, precision, and accuracy in repetitive tasks done in the manufacturing procedure.
The aerospace robotics market growth is fueled by an enhanced need of automation for efficient aircraft production. In addition, an increase in the cost of labor worldwide. However, the high installation cost of robotics technology hampers the growth of the aerospace robotics industry. The adoption of advanced technologies in the aircraft manufacturing industry including Internet of Things (IoT), 3D vision technology, artificial intelligence, and cloud computing is expected to present numerous opportunities to the global aerospace robotics industry.
In 2015, the drilling application segment generated the maximum revenue in the global market, owing to utilization of robotics technology for drilling holes in aircraft components with high precision. The inspection application segment is expected to grow at the highest CAGR during the forecast period, owing to the implementation of new technologies such as ultrasonic technology, 3D imaging technology, and other non-destructive methods used in the inspection process of aircrafts. The collaborative technology segment is anticipated to witness the highest growth rate, registering a CAGR of 19.8% from 2016 to 2022. The articulated type segment is expected to generate the highest revenue throughout the forecast period. The other (cylindrical, spherical, SCARA, and parallel) type is anticipated to grow at the highest rate during the study period.
Buy now and get FREE One Month Knowledge Tree Subscription (valid till 30 Nov'18): https://www.alliedmarketresearch.com/checkout/987522
Dominating Market Players Profiled in the Report:
•ABB Group
•KUKA AG
•Fanuc Corporation
•Yaskawa Electric Corporation
•Mitsubishi Electric Corporation
•JH Robotics, Inc.
•Oliver Crispin Robotics Limited
•Electroimpact Inc.
•Universal Robots A/S
•AV&R Vision & Robotics Inc.
Other Companies Mentioned in the Report
•GKN Aerospace
•Boeing Company
•Pratt & Whitney
•GKN Plc
•Airbus Group
•Bombardier Inc.
•Daher Aerospace SAS
In 2015, North America dominated the global aerospace robotics market. Asia-Pacific is expected to grow at the highest rate during the forecast period on account of the surge in the number of air passengers and continuous economic development in various countries such as India, Malaysia, China, and Singapore.
For Purchase Inquiry - www.alliedmarketresearch.com/purchase-enquiry/2152?utm_source=SS_OPR
About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
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 Aerospace Robotics Market Is Expecting Revolutionary Growth In Coming Years - Competitive Analysis of Prominent Industry Players Profiled Such as ABB Group, KUKA AG, Fanuc Corporation, Yaskawa, Mitsubishi,JH Robotics,Oliver Crispin Robotics Limited,Electr here
News-ID: 1408896 • Views: …
More Releases from Allied Market Research
Home Exercise Bike Market is expected to witness robust Compound Annual Growth R …
According to a new report published by Allied Market Research, titled, "Home Exercise Bike Market by Type, and Sales Channel: Opportunity Analysis and Industry Forecast, 2021-2027," The global home exercise bike market size was valued at $1,213.5 million in 2019, and is projected to reach $2,335.2 million by 2027, registering a CAGR of 8.7% from 2021 to 2027. The recumbent segment is expected to retain its dominant position, in terms…
Rapidly expanding entertainment products industry is set to drive the growth of …
According to a new report published by Allied Market Research, titled, "Toys Market by Product Type, Age Group and Sales Channel: Opportunity Analysis and Industry Forecast, 2021-2027," the toys market size was $92.2 billion in 2019, and is projected reach $103.8 billion by 2027, registering a CAGR of 2.5% from 2021 to 2027.
The increase in number of games bars, cafes and family entertainment centers worldwide is boosting the demand for…
Global Home Beer Brewing Machine Market is expected to reach $25.4 million by th …
According to a new report published by Allied Market Research, titled, "home beer brewing machine market by product type, mechanism, and distribution channel: global opportunity analysis and industry forecast, 2021-2030," The global home beer brewing machine market size was valued at $19.1 million in 2020, and is projected to reach $25.4 million by 2030, registering a CAGR of 3.0% from 2021 to 2030.
Request a report sample to gain comprehensive insights…
Hospitality Robots Market is forecasted to grow at a Compound Annual Growth Rate …
According to a new report published by Allied Market Research, titled, "Hospitality Robots Market by Type, End User, Sales Channel and Region: Global Opportunity Analysis and Industry Forecast, 2021-2030," The global hospitality robots market size is expected to reach $3,083 million by 2030 at a CAGR of 25.5% from 2021 to 2030. Hospitality Robots Market by Type (Front Desk Robots, Delivery Robots, Cleaning Robots and Others) and end user (Hotels,…
More Releases for Robotics
Edible Soft Robotics Market is Booming Worldwide with Rethink Robotics, ReWalk R …
Latest released Global Edible Soft Robotics Market Research Report provides detailed assessment about Key and emerging Players highlighting profiles, product portfolio, market price, and sales revenue to better derive market size estimation. With this evaluation the aim is to throw lights on Future trends, Growth Factors, opinions and facts derived from industry executives with statistically supported and validated market data. Furthermore, a clear explanation of How or Why this market…
Rehabilitation Robotics Market 2025 - Kinova Robotics, Rehab-Robotics Company, T …
Rehabilitation Robotics market is evaluated based on two segments i.e., by type and application and covers essential statistics and details for current and future market scenarios. The report actively includes informative aspects relating to product developments, launches, and trends, to assist market players, shareholders, and investors in strategic decision making.
Check for the sample here - https://www.premiummarketinsights.com/sample/TIP00000795 …
Cloud Robotics Market | Kuka Robotics, ABB Group, Fanuc Corporation, Cavalry Rob …
Global Cloud Robotics Market: Snapshot
Cloud robotics leverages remote computing resources for greater memory, collective learning, computational power, and interconnectivity for applications in robotics. Those come in especially handy when storage or computational demands surpass on-board capacity. Massive resources in a datacenter are a great way to supplement the limited local resources.
Cloud robotics in the past few years has disrupted the functioning of robots drastically. From the single-purpose robotics of that…
Warehouse Robotics Market 2020 – 2027: Technological Advancement and Growth Op …
The Insight Partners delivers well-researched industry-wide information on the Warehouse Robotics Market. It provides information on the market’s essential aspects such as top participants, factors driving Warehouse Robotics market growth, precise estimation of the Warehouse Robotics market size, upcoming trends, changes in consumer behavioral pattern, market’s competitive landscape, key market vendors, and other market features to gain an in-depth analysis of the market. Additionally, the report is a compilation of…
Parallel Robots Market Key Player Analysis – ABB, Codian Robotics, Fanuc, Omro …
UpMarketResearch.com adds a new Parallel Robots Market research report for the period of 2019 - 2025 focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
Request Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/77782
Parallel Robots Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and…
Global Interactive Robots Market 2018 – Blue Frog Robotics, Pal Robotics, S …
This report studies the global Interactive Robots market status and forecast, categorizes the global Interactive Robots market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia).
Request Sample At: https://www.bigmarketresearch.com/request-sample/2807080
The major manufacturers covered in this report
Pal Robotics
Blue Frog Robotics
Softbank Robotics
Vstone
Savioke
Ecovacs Robotics
AvatarMind
Robot Care System
Bossa Nova Robotics
Future Robotics
ASUS
Fellow Robots
Honda
Geographically, this report studies…