Automotive Robotics Market Analysis Focusing on Top Manufacturers – Comau SpA, Denso Wave, Dürr AG, ABB, Fanuc Corporation, KUKA Robotics, Rockwell Automation, Stäubli, Universal Robots

Automotive Robotics Market Size By Product (Articulated, Cartesian, SCARA, Parallel, Cylindrical), By Component (Hardware [Controllers, Arms, End Effector, Drive, And Sensor], Software & Services), By Application (Welding, Assembly, Processing, Handling Operations, Paint & Dispense), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024.

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. Handling operations dominated the automotive robotics market share in 2016 owing to lifting tasks meeting several demands of the automakers. Safety regulations for these advanced products has resulted in employee’s well-being coupled with minimized associated injuries.

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Automotive Robotics Market size is projected to exceed USD 5.96 billion by 2024; according to a new research report. 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.

Technical support will facilitate the product as an alternative for skilled labors. Growth in R&D activities will support the industry growth. It has unlocked multiple avenues for automakers to offer its customers with increased versatility, flexibility, and reliability.

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.

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.

Increasing demand from applications such as welding, robotic processing, painting & dispense, and handling operations will augment the industry growth rate. Further, benefits offered including light weight, easy deployment, durable and space saving is predicted to increase the product penetration.

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Reduced cost, low energy consumption, and enhanced product quality owing to usage of improved quality sensors, electronics, and software programming will propel the industry demand. Increasing unemployment due to consistent demand for automated solutions will hamper the automotive robotics industry growth rate.

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.

In 2016, APAC automotive robotics industry was approximately USD 2.0 billion. The region is attributed to have highest overall industry share owing to product?s 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.

Global industry consists of several players and the key players are ABB, KUKA, Fanuc, and Yamaha acquiring significant market share in 2016. Other notable players include Omron Corporation, Kawasaki Heavy Industries, Rockwell Automation, Staubli, and Universal Robots.

Strategies including partnerships and new product launches are being adopted by these companies. KUKA entered in partnership with Volkswagen for enhancement of electric autonomous vehicles in July 2017.

Automotive Robotics market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in thousand units & revenue in USD million from 2013 to 2024, for the following segments:

Automotive Robotics Market By Product
• Articulated
• Cartesian
• SCARA
• Parallel
• Cylindrical
Automotive Robotics Market By Component
• Hardware
• Controllers
• Robotics arm
• End effector
• Automotive robotic drive
• Automotive robotic sensor
• Software & services
Automotive Robotics Market By Application
• Welding
• Handling operations
• Robotic processing
• Robotic assembly
• Paint & dispense
• Others

Table of Content:

Chapter 1. Methodology and Scope

1.1. Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Scope, definition and forecast parameters

1.2. Data Sources

1.2.1. Primary

1.2.2. Secondary

Chapter 2. Executive Summary

2.1. Automotive robotics industry 3600 synopsis, 2013 - 2024

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Component trends

2.1.4. Application trends

2.1.5. Regional trends

Chapter 3. 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

Chapter 4. Automotive robotics Market, By Product

4.1. Global automotive robotics market share by product, 2016 & 2024

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Related Report:

United States Automotive Robotics Market Report 2017

In this report, the United States Automotive Robotics market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.

https://www.marketstudyreport.com/reports/united-states-automotive-robotics-market-report-2017?utm_source=RR-SP

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