Press release
Automotive Robotics Market worth USD 13.6 Billion by 2025 | Key Players are Yaskawa Electric Corporation, ABB Group, ComauSpA, Fanuc Corporation, Universal Robots, Acieta LLC
Automotive robotics market Size and Growth Rate:
The Global Automotive Robotics Market size was valued at USD 4.34 billion in 2016 is anticipated to grow USD 13.6 billion by the end of 2025, with the compounded annual growth of 13.8% over the forecast period 2017-2025.
Browse details of 150 number of pages research report developed on Automotive robotics market @ https://www.researchcosmos.com/reports/automotive-robotics-market/18590657
Automotive robotics market Overview:
The market is supposed to record promising growth in the coming years, primarily owing to growing technology research and community, and a push for sustainable production process copulated with the need to reduce operating costs in an automobile production plant. Additionally, growing investments in vehicle production tools and high investments in emerging markets are set to have a positive impact on global market growth. Further, parts such as attenuation of the rate needed to market the goods, loss of skilled labor accompanied with innovation in the advanced automobile manufacturing countries are likely to bolster the business growth from 2017 – 2025.
Industrial revolutions and actions taken by the government regarding the automation of the manufacturing sectors boost the sales of automotive robots. The governments are giving tax exemptions for R&D and providing tax cut which will decrease the cost of manufacturing and increase the opportunities in the countries rather than working for offshore manufacturing.
Automotive robotics market Growth Drivers and Restraints:
Articulated robot part is expected to hold the largest share of the global market through the forecast period, as it is more widely preferred in relation to the other types. Articulated robots are more common owing to its higher degree of freedom which makes them fit to be used in multiple applications and provides the company with a larger work envelope. Robotic controllers are expected to project energy growth during the forecast period due to the consistent increase in demand for an automated solution and steady growth in advanced technologies.
Geographical Insights of the Automotive robotics market:
AsiaPacific accounted for the highest share of the automotive robotics market in 2016. Increased employment opportunity and overall macroeconomic indicators across Asia Pacific region bode fit for the vehicle sales outlook in years to come. One of the important drivers for the growth of automotive robotics is the constant demand by automotive OEM’s especially in the Asia-Pacific region to automate their production facilities which can reduce time-to-market with excellent control over production activity.
Ask Free Sample of the report @ https://www.researchcosmos.com/request/automotive-robotics-market/18590657
Key Players of the Automotive robotics market:
Some of the important players of global automotive robotics market include Yaskawa Electric Corporation, ABB Group, ComauSpA, Fanuc Corporation, Universal Robots, Acieta LLC, Denso Corporation, Epson America Inc.
Automotive Robotics Market Key Segmentation:
By Product:
• Articulated
• Cartesian
• Cylindrical
• Polar
• SCARA
By Application:
• Assembly
• Dispensing
• Material handling
• Welding
By Geographical Segmentation:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East & Africa
For any queries, inquire more @ https://www.researchcosmos.com/inquire/automotive-robotics-market/18590657
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
Blog: https://marketreportsweb.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 Automotive Robotics Market worth USD 13.6 Billion by 2025 | Key Players are Yaskawa Electric Corporation, ABB Group, ComauSpA, Fanuc Corporation, Universal Robots, Acieta LLC here
News-ID: 1626170 • Views: …
More Releases from Research Cosmos
Mobile Phone Insurance Market Size to Reach USD 32.24 Bn By 2025
The size of the Global mobile phone insurance market is estimated to reach USD 32.24 billion by 2025, growing at a CAGR of 12.5%, as per the recently published report by Research Cosmos. It is worth to claim insurance for mobile phones as we are spending a lot of money on purchasing. The policies include accidental damage, water damage, and screen cracking.
Browse details of the report @ https://www.researchcosmos.com/reports/mobile-phone-insurance-market/199557834
Growing utilization…
Social Employee Recognition Systems Market Predicted to grow at a CAGR of xx By …
Social Employee Recognition Systems Market Analysis Size, Growth rate and Overview:
Social Employee Recognition Systems Market was valued at USD xx million in 2018 and is expected to reach almost USD xx million by the end of 2025, growing at a CAGR of around xx% over the predicted period.
Throughout the world, social employee recognition systems have expanded dramatically to address the need to move away from traditional methods and programs of…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
