openPR Logo
Press release

Aerospace Robotics Market Comprehensive Evaluation with CAGR value of 17.2% during 2019-2027

05-17-2021 06:53 PM CET | Logistics & Transport

Press release from: Allied Market Research

Aerospace Robotics Market

Aerospace Robotics Market

Aerospace Robotics Market Report, published by Allied Market Research, projects that 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.

Access Full Summary at: https://www.alliedmarketresearch.com/aerospace-robotics-market

The robotics technology is used in aerospace industry for 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 enhanced need of automation for efficient aircraft production. In addition, increase in cost of labor worldwide. However, 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.

Request Sample Report at:

https://www.alliedmarketresearch.com/request-sample/2152

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.

Request for Customization of this report at

https://www.alliedmarketresearch.com/request-for-customization/2152

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.

The key players profiled in the report include 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, and AV&R Vision & Robotics Inc.

Key Findings of the Aerospace Robotics Market:

In 2015, the articulated robot segment dominated the global aerospace robotics industry, in terms of revenue, and is projected to grow at a CAGR of 15.4% during the forecast period.

Traditional technology segment is projected to grow at a CAGR of 15.4%.

Inspection application segment is estimated to show highest growth rate, in terms of revenue, during the study period.

In 2015, the drilling application segment generated the highest revenue of around 32%.

In 2015, North America dominated the global market with a market share of 37%.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+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: www.alliedmarketresearch.com

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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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.

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 Comprehensive Evaluation with CAGR value of 17.2% during 2019-2027 here

News-ID: 2285593 • Views: 180

More Releases from Allied Market Research

Birch Sap Market Region Wise Analysis and Key Opportunities Analysis By 2027
Key Benefits of the Report: This study presents the analytical depiction of the global birch sap industry along with the current trends and future estimations to determine the imminent investment pockets. The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global birch sap market share. The current market is quantitatively analyzed from 2020 to 2027 to highlight the global birch sap market growth scenario. Porter’s
Asia Pacific Managed Security Services Market Opportunities and Forecasts, 2021- …
Organizations from different industry verticals have been facing frequent security attacks from organized online criminal groups or hackers, causing huge financial loss and damage to their brand reputation. Thus, these organizations are heavily investing on improving their security infrastructure to protect the confidential data of their business and/or customers. In such scenarios, managed security services (MSS), which refers to outsourcing of security tasks to third party vendors in an effective
Asia Pacific Fiber Optic Connectors Market by Type (Advance Regulatory Control, …
Fiber optic connectors terminate fiber optic cables. They are used for mechanical coupling and aligning of core fibers. They are implemented for joining of optical fibers in an effort to transfer data efficiently without loss. Fiber optic connectors are applied across a wide range of applications including security and defense, telecommunication, data centers, community antenna televisions, inter/intra building applications and high density interconnection. The Asian telecom market is increasingly adopting
Advanced Process Control Software Market by Type (Advance Regulatory Control, In …
Advanced process control is implemented in process industries. It enables an organization to increase the productivity, efficiency, and reduce emissions. Benefits such as improved production capacity, improved monitoring of key performance indicators, less power consumption, and better equipment reliability offered by advanced process control drive the market. Aspen Technology, Inc., Rockwell Automation, Inc., and Yokogawa Electric Corporation are some of the key players in the advanced process control software market. Access

All 5 Releases


More Releases for Robotics

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
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
Robotics System Integration Market
This report presents the worldwide Robotics System Integration market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis. Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-robotics-system-integration-2025-128 The Robotics System Integration market
Vision Guided Robotics Sales Market
This report studies the Vision Guided Robotics Market status and outlook of global and major regions, from angles of players, regions, product and end Application/industries; this report analyzes the top players in global and major regions. This report studies the global Vision Guided Robotics market status and forecast, categorizes the global Vision Guided Robotics market size (value & volume) by key players, type, application, and region. This report focuses on the