Press release
Automotive Robotics Drive Market to Witness Growth Acceleration During 2021-2031 | ABB, Kuka AG, Fanuc Corporation, Yaskawa Electric Corporation, Comau
Automotive Robotics Drive Market
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Key Trends
There are three main trends in automotive robotics drive technology:
1. Increased use of electric motors: Electric motors are becoming increasingly popular in automotive robotics, as they are more efficient and have less environmental impact than traditional combustion engines.
2. Development of autonomous vehicles: Autonomous vehicles are being developed that can drive themselves without the need for a human driver. This technology is still in its infancy, but it has the potential to revolutionize the automotive industry.
3. Improved safety features: Safety is a major concern in the automotive industry, and robotics are being used to develop new safety features for vehicles. These features can help to prevent accidents and make driving safer for everyone.
Key Drivers
The major drivers for this market are the increased demand for automotive robots in the automotive industry and the government regulations regarding the safety of automotive robots.
The automotive industry is one of the major end-users of robotics. Automotive robots are used in various applications such as welding, painting, assembly, and others.
The government regulations regarding the safety of automotive robots are expected to drive the automotive robotics drive market during the forecast period.
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Market Segments
The automotive robotics drive market is segmented by type, application, and region. By type, the market is classified into SCARA, cartesian, and others. Based on application, it is bifurcated into welding, painting, cutting, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the rest of the World.
Key Players
The automotive robotics drive market includes players such as ABB, Kuka AG, Fanuc Corporation, Yaskawa Electric Corporation, Comau, Nachi-Fujikoshi Corp., Rockwell Automation Inc., Seiko Epson Corporation, Denso Wave Incorporated, Kawasaki Heavy Industries Ltd., and others.
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Reasons to buy Automotive Robotics Drive Market Report:
• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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