Automotive Robotics Market 2019 Industry Analysis, Top Key Players, Trends, Segmentation And Forecast By 2027 | ABB, Comau SpA, Fanuc Corporation, Kawasaki Heavy Industries
The highly dynamic nature of the automotive industry, as well as the growing requirement of extreme flexibility from auto manufacturers, are the primary reason for the adoption of automotive robotics globally. The mounting need to enhance productivity and improve the work environment by reducing the number of industrial accidents and focusing on employee safety is driving the market for automotive robotics in the global scenario.
The increasing vehicle production as well as wages inflation, growing investments for automated production facilities, and high investments in developing countries are the major drivers for the growth of automotive robotics market. The growing adoption of Industry 4.0 and Made in China 2025 industrial plans are creating opportunities for the automotive robotics market in the coming years.
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• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Automotive Robotics Market.
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
Leading key Market players Mentioned in the Report:-
- ABB Ltd.
- Comau SpA
- DENSO WAVE INCORPORATED
- Fanuc Corporation
- Kawasaki Heavy Industries, Ltd.
- Kuka AG
- Nachi-Fujikoshi Corp.
- Rockwell Automation, Inc.
- Seiko Epson Corporation
- Yaskawa Electric Corporation
The reports cover key developments in the Automotive Robotics Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations.
These activities have paved way for expansion of business and customer base of market players. The market payers from Automotive Robotics Market are anticipated to lucrative growth opportunities in the future with the rising demand for Automotive Robotics Market in the global market.
The global automotive robotics market is segmented on the type, component, and application. Based on type, the market is segmented into articulated, Cartesian, SCARA, and cylindrical. On the basis of component, the market of segmented into controller, robotic arm, end effector, sensors, and drive. Based on application the market is fragmented into welding, painting, cutting, and material handling.
The report analyzes factors affecting automotive robotics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis across various regions namely: North America, Asia-Pacific, Europe, Middle East and Africa, and South America.
Highlights of the report:
• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market
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