Press release
Automotive Industry Robot Market 2022 Size-Share with Top Companies, Regional Growth Rate, Trends Future Opportunities and Global Industry Analysis Forecast to 2027
The Automotive Industry Robot Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Automotive Industry Robot market growth.The Global Automotive Industry Robot Market Size is Projected to Reach at a CAGR of 11% during 2022-2027.
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Market Overview
The automotive industry, which was already going through slow growth, further affected COVID-19 and the subsequent shutdowns in all the major markets. In 2020, all the automakers and tier players witnessed a decline in the production and sales of vehicles and components. The automotive industry is the largest industry, with more than 130,000 units installed in all facilities worldwide. 95% of top executives of automotive companies with revenues of more than 11 billion dollars believe that there will be a significant increase in investments in robotics and automation during the forecast period. However, 82% of automotive organizations lack resource alignment and preparedness to execute faster change to increase revenue, profit, and safety. This is an incredible opportunity for robot manufacturers to market their machinery to OEMs.
Top Leading Companies:
Fanuc, Yaskawa Electric, Kawasaki Heavy Industries, ABB Group, Stauli, Kuka, OTC Daihen, Comau, Yamaha Robotics, Reis Robotics, Hyundai Wia, Nachi Fujikoshi, Seiko Epson, Yushin Precision Equipment, Robostar, Siasun, Aurotek Corp., Joyson Electronics
Recent Development:
In October 2016, NVIDIA and FANUC Corporation had announced a collaboration for implementation of artificial intelligence on the FANUC Intelligent Edge Link and Drive (FIELD) system. This would lead to a growth in productivity of robots and enhance capabilities of automated factories worldwide.
In November 2016, KUKA Robotics System launched 3D Metal Printing robotics technology at FABTECH 2016. This process uses 3D design data to build components in layers by depositing material.
In May 2016, ABB acquired SVIA automation solutions (Sweden) to expand its robotics operations. As of now, this collaborative operation will be limited to ABB’s Discrete Automation and Motion division, later it will make its global application center for machine-tending.
Automotive Industry Robot Market Segmentation by Type:
Welding Robot
Stampting Robot
Painting Robot
Final Assembly Robot
Processing Robot
Automotive Industry Robot Market Segmentation by Application:
Material Delivery
Assemble and Install
Electric Welding
Others
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Asia-Pacific is Expected to Lead the Market
Asia-Pacific is the fastest developing region globally, with countries, like India, China, Taiwan, and South Korea evolving as the leaders in this region. Leading vendors, such as ABB and KUKA, are instituting the region as their operation’s base. Furthermore, government regulations and funds have empowered projects to improve the infrastructure. These aspects have made APAC the favored automotive manufacturing hub, which will drive the automotive robotics market. Countries, such as China and India, are the principal countries in Asia-Pacific in terms of development, and many industries, such as automotive, electronics, and aviation, are opening their factories in these countries, which is generating the demand for the automotive robotics market, making Asia-Pacific an emerging region.
Regional Automotive Industry Robot Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Table of Contents: Automotive Industry Robot Market
- Chapter 1: Outline of Automotive Industry Robot marketplace
- Chapter 2: Worldwide market reputation and forecast through areas
- Chapter 3: Worldwide marketplace popularity and forecast by using types
- Chapter 4: Worldwide marketplace repute and forecast by using Downstream enterprise
- Chapter 5: Marketplace riding issue evaluation
- Chapter 6: Market opposition reputation by major producers
- Chapter 7: Essential producers Presentation and market data
- Chapter 8: Upstream and Downstream marketplace investigation
- Chapter 9: Fetched and net part investigation
- Chapter 10: Advertising reputation research
- Chapter 11: Marketplace file end
- Chapter 12: Research technique and Reference
Who Will Get Advantage of This Report?
The prime aim of the Global Automotive Industry Robot Market is to provide industry investors, private equity companies, company leaders and stakeholders with complete information to help them make well-versed strategic decisions associated to the chances in the Concealed Door Closer market throughout the world.
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