Aerospace Robotics Market Size, Share, Growth, Report 2024-2032

The global aerospace robotics market was valued at USD 2.66 billion in 2019 and is expected to reach USD 48.39 billion by 2032, with a robust CAGR of 25.0% over the forecast period. In 2019, North America led the market, accounting for 37.97% of the total market share.

The aerospace robotics market is experiencing significant growth due to increasing automation in aircraft manufacturing and maintenance processes. Robotics in aerospace help improve precision, efficiency, and safety in tasks such as assembly, material handling, and inspection. With the rising demand for aircraft, driven by increasing air travel and the growth of defense sectors, manufacturers are adopting robotics to streamline production and reduce costs. Technological advancements, including AI integration and collaborative robots, are further enhancing the capabilities of aerospace robotics. North America dominates the market due to the presence of major aerospace companies and early adoption of advanced technologies, while Asia Pacific is emerging as a key growth region fueled by expanding aerospace industries in countries like China and India. As the industry continues to evolve, robotics is expected to play an even larger role in optimizing operations and meeting the growing demands of both commercial and military aviation.

𝐆𝐞𝐭 𝐀 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞:
https://www.fortunebusinessinsights.com/enquiry/sample/aerospace-robotics-market-103324

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐞𝐫𝐨𝐬𝐩𝐚𝐜𝐞 𝐑𝐨𝐛𝐨𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭:
‣ ABB Group (Switzerland)
‣ Electroimpact Inc. (The U.S.)
‣ Fanuc Corporation (Japan)
‣ Gudel AG (Switzerland)
‣ Kawasaki Robotics (The U.S.)
‣ KUKA AG (Germany)
‣ Oliver Crispin Robotics Ltd. (The U.K)
‣ TAL Manufacturing Solutions Limited India (India)
‣ Universal Robotics A/S (Denmark)
‣ Yaskawa Electric Corporation (Japan)

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 & 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬-
𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐑&𝐃 𝐀𝐜𝐭𝐢𝐯𝐢𝐭𝐢𝐞𝐬 𝐭𝐨 𝐃𝐞𝐯𝐞𝐥𝐨𝐩 𝐀𝐈-𝐛𝐚𝐬𝐞𝐝 𝐑𝐨𝐛𝐨𝐭𝐬 𝐰𝐢𝐥𝐥 𝐀𝐢𝐝 𝐆𝐫𝐨𝐰𝐭𝐡
Several countries worldwide, such as Japan, Germany, South Korea, China, France, and the U.S. are extensively investing in research and development activities to develop novel AI-enabled robots. The South Korean government, for instance, planned to invest approximately USD 450 million in 2017 for the aerospace robotics sector. The main aim of this investment was to create an intelligent robot. However, for small and medium-sized enterprises (SMEs), a robot automation project can be challenging. Also, the operators must be trained to maintain and program these robots. These factors may hamper the aerospace robotics market growth in the near future.

𝐀𝐬𝐤 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/aerospace-robotics-market-103324

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧-
𝐇𝐚𝐫𝐝𝐰𝐚𝐫𝐞 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐒𝐡𝐨𝐰 𝐑𝐚𝐩𝐢𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 𝐅𝐮𝐞𝐥𝐞𝐝 𝐛𝐲 𝐇𝐢𝐠𝐡 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐒𝐞𝐧𝐬𝐨𝐫𝐬 & 𝐂𝐨𝐧𝐭𝐫𝐨𝐥𝐥𝐞𝐫𝐬
Based on solution, the market is segregated into services, software, and hardware. Out of these, the hardware segment generated 57.33% in terms of aerospace robotics market share in 2019. This growth is attributable to the increasing demand for sensors, arm processors, and controllers to accelerate the sales of aerospace robotics solutions.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬-
𝐇𝐢𝐠𝐡 𝐄𝐱𝐩𝐞𝐧𝐝𝐢𝐭𝐮𝐫𝐞 𝐭𝐨 𝐌𝐨𝐝𝐞𝐫𝐧𝐢𝐳𝐞 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐔𝐧𝐢𝐭𝐬 𝐢𝐧 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐭𝐨 𝐃𝐫𝐢𝐯𝐞 𝐆𝐫𝐨𝐰𝐭𝐡
In 2019, North America procured USD 1.01 billion in terms of revenue. It is set to be the fastest-growing region throughout the forthcoming period backed by the presence of a large number of industry giants, such as Electro impact Inc. and Kawasaki Robotics in the region. Apart from that, the U.S. is experiencing high investments in the modernization programs to improve its aircraft manufacturing units. Europe, on the other hand, is likely to hold the second-largest position because of the higher adoption of Internet of Things (IoT)-based aerospace robotics solutions.

𝐖𝐡𝐚𝐭 𝐃𝐨𝐞𝐬 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐧𝐭𝐚𝐢𝐧?
• Analysis & forecast of the global market on a regional level.
• Historic, current, and estimated market sizes.
• Restraining & driving factors, as well as their impact on the demand for aerospace robotics.
• An in-depth study of opportunities available in the market.

𝐆𝐞𝐭 𝐚 𝐐𝐮𝐨𝐭𝐞 𝐍𝐨𝐰:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/aerospace-robotics-market-103324

𝐊𝐞𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:
In July 2021, Fanuc Corporation announced the production of its 750,000th industrial robot, marking a significant milestone in the robotics industry. FANUC's diverse customer base spans industries such as automotive, aerospace, food and beverage, consumer goods, medical and pharmaceutical, warehousing, and more.

In June 2021, the Nexter Group, alongside other manufacturers invited by GICAT, showcased their innovations in the French defense and security sector. At this event, the French Army presented the VULCAIN project, a strategic robotics vision for 2035-2040.

In March 2021, Ericsson, in collaboration with TDC NET and the Danish Technological Institute, introduced "Spot the robot" for airport terminal inspections. This trial, powered by Ericsson-controlled 5G, demonstrated the potential of 5G technology in enhancing robotic capabilities.

𝐑𝐞𝐚𝐝 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
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https://www.fortunebusinessinsights.com/industry-reports/aircraft-sensors-market-101816

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This release was published on openPR.