Increased Demand for Workplace Safety Provides Lucrative Prospects to Global Automotive Robotics Market

According to the projections put forth by Inkwood Research, the Global Automotive Robotics Market is anticipated to record a CAGR of 12.16% in terms of revenue during the forecasting years of 2021-2028.
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The use of robots in industries such as car manufacturing has generated substantial opportunities for anticipating and further addressing potential issues within the production process before they occur. Furthermore, companies can identify problem areas existing in machines, equipment, and workflows by acquiring performance reports from cobots (collaborative robots) and industrial robots in assembly lines and on the floor.

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Rising Demand for Workspace Safety to Augment Market Growth
According to the estimations put forth by the International Labor Organization (ILO), nearly 2.3 million workers globally face work-related accidents or diseases every year. As a result, efforts must be established by businesses to protect their workers. An approach to eliminate personnel from less appealing environments or responsibilities is to include more collaborative robots into the technology mix. Furthermore, the latest generation of autonomous mobile robots (AMRs) can also take on tasks of lower value and enable their human counterparts to work on more complex, rewarding tasks in cleaner, safer, and more productive work environments.

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Cutting & Milling is the Fastest-Growing Application
Trimming, cutting, and machining are among the newest areas of applications for robots. Moreover, with reshoring gathering pace, automated devices have emerged in time to address the looming problem of skills shortage. Although manufacturing firms have utilized robots for welding, paint spraying, and handling for decades, and advances in force control, have been essential to widen their applications beyond limited specialized material removal tasks. In the automotive industry, robots are utilized for trimming flash from plastic moldings, cutting automotive headlining fabrics, and polishing molds, as well. On the other hand, trimming and deburring are more complex tasks, necessitating force control and often a vision in order to handle variability in the position and size of the material to be removed.

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Asia-Pacific to Lead and Dominate the Global Market
The Asia-Pacific automotive robotics market is fueled by the rise in vehicle production, followed by the surging need for reducing collisions within the automotive sector. In addition, the demand for improving the workplace, the rapid rates of modernization, a significant increase in productivity optimization, and the growing automation of vehicle manufacturing play a vital role in fueling the regional market's growth.
The global automotive robotics market is witnessing intense competition among players. The market is characterized by continuous innovation, leading to sustainable competitive gain. Besides, since every company harbors a different strategy as well as core competencies, the intensity of rivalry is set to be high.
Some of the major companies operating in the market are Kawasaki Robotics Inc, ABB Ltd, Yamaha Robotics Inc, etc.

Related Reports:
GLOBAL SCARA ROBOTS MARKET
GLOBAL INDUSTRIAL ROBOTICS MARKET
GLOBAL COLLABORATIVE ROBOTS MARKET

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