openPR Logo
Press release

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

10-24-2024 01:53 PM CET | Aerospace & Defense

Press release from: Fortune Business Insights

Aerospace Robotics Market

Aerospace Robotics Market

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.

๐†๐ž๐ญ ๐€ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐๐ซ๐จ๐œ๐ก๐ฎ๐ซ๐ž:
https://www.fortunebusinessinsights.com/enquiry/sample/aerospace-robotics-market-103324

๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ž๐ซ๐จ๐ฌ๐ฉ๐š๐œ๐ž ๐‘๐จ๐›๐จ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
โ€ฃ ABB Group (Switzerland)
โ€ฃ Electroimpact Inc. (The U.S.)
โ€ฃ Fanuc Corporation (Japan)
โ€ฃ Gudel AG (Switzerland)
โ€ฃ Kawasaki Robotics (The U.S.)
โ€ฃ KUKA AG (Germany)
โ€ฃ Oliver Crispin Robotics Ltd. (The U.K)
โ€ฃ TAL Manufacturing Solutions Limited India (India)
โ€ฃ Universal Robotics A/S (Denmark)
โ€ฃ Yaskawa Electric Corporation (Japan)

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ & ๐‘๐ž๐ฌ๐ญ๐ซ๐š๐ข๐ง๐ญ๐ฌ-
๐ˆ๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐‘&๐ƒ ๐€๐œ๐ญ๐ข๐ฏ๐ข๐ญ๐ข๐ž๐ฌ ๐ญ๐จ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ ๐€๐ˆ-๐›๐š๐ฌ๐ž๐ ๐‘๐จ๐›๐จ๐ญ๐ฌ ๐ฐ๐ข๐ฅ๐ฅ ๐€๐ข๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก
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.

๐€๐ฌ๐ค ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/aerospace-robotics-market-103324

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง-
๐‡๐š๐ซ๐๐ฐ๐š๐ซ๐ž ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐ญ๐จ ๐’๐ก๐จ๐ฐ ๐‘๐š๐ฉ๐ข๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐ฎ๐ž๐ฅ๐ž๐ ๐›๐ฒ ๐‡๐ข๐ ๐ก ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐’๐ž๐ง๐ฌ๐จ๐ซ๐ฌ & ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ๐ฅ๐ž๐ซ๐ฌ
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.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ-
๐‡๐ข๐ ๐ก ๐„๐ฑ๐ฉ๐ž๐ง๐๐ข๐ญ๐ฎ๐ซ๐ž ๐ญ๐จ ๐Œ๐จ๐๐ž๐ซ๐ง๐ข๐ณ๐ž ๐€๐ข๐ซ๐œ๐ซ๐š๐Ÿ๐ญ ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐”๐ง๐ข๐ญ๐ฌ ๐ข๐ง ๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐ญ๐จ ๐ƒ๐ซ๐ข๐ฏ๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก
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.

๐–๐ก๐š๐ญ ๐ƒ๐จ๐ž๐ฌ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐จ๐ง๐ญ๐š๐ข๐ง?
โ€ข Analysis & forecast of the global market on a regional level.
โ€ข Historic, current, and estimated market sizes.
โ€ข Restraining & driving factors, as well as their impact on the demand for aerospace robotics.
โ€ข An in-depth study of opportunities available in the market.

๐†๐ž๐ญ ๐š ๐๐ฎ๐จ๐ญ๐ž ๐๐จ๐ฐ:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/aerospace-robotics-market-103324

๐Š๐ž๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ:
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.

๐‘๐ž๐š๐ ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Aircraft Sensors Market
https://www.fortunebusinessinsights.com/industry-reports/aircraft-sensors-market-101816

Integrated Marine Automation System Market
https://www.fortunebusinessinsights.com/integrated-marine-automation-system-market-106580

Gallium Nitride Device Market
https://www.fortunebusinessinsights.com/gallium-nitride-gan-devices-market-103367

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
Fortune Business Insightsโ„ข Pvt. Ltd.
9th Floor, Icon Tower,
Baner, Pune-411045,
Maharashtra, India.
Phone:
US +1 833 909 2966 (Toll Free)
UK +44 808 502 0280 (Toll Free)
APAC +91 744 740 1245
Email: sales@fortunebusinessinsights.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Fortune Business Insightsโ„ข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

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 Size, Share, Growth, Report 2024-2032 here

News-ID: 3708506 • Views: โ€ฆ

More Releases from Fortune Business Insights

Para Aminophenol Market is Poised for growth from USD 657.3 million in 2024 to USD 1,052.9 million by 2032, exhibiting a CAGR of 6.1%
Para Aminophenol Market is Poised for growth from USD 657.3 million in 2024 to U โ€ฆ
The Para Aminophenol (PAP) market plays a critical role in several industries, including pharmaceuticals, dyes, and rubber manufacturing. Para Aminophenol, a versatile organic compound, is primarily used as a key intermediate in the production of paracetamol (acetaminophen), one of the most widely used analgesics and antipyretics globally. Additionally, its applications in hair dyes and photographic chemicals contribute to the market's demand. Market Overview The global para aminophenol market was valued at USDโ€ฆ
U.S. C-Reactive Protein Testing Market Size, Trends, Growth, Opportunities (2024-2032) | Abbott, Thermo Fisher Scientific, Inc., and F. Hoffmann-La Roche Ltd.
U.S. C-Reactive Protein Testing Market Size, Trends, Growth, Opportunities (2024 โ€ฆ
The U.S. c-reactive protein testing market size was worth USD 691.6 million in 2022 and is projected to grow at a CAGR of 5.1% during the forecast period (2024-2032). The U.S. C-Reactive Protein (CRP) Testing Market is experiencing robust growth driven by advancements in diagnostic technology, increased awareness of inflammatory and cardiovascular conditions, and the growing prevalence of chronic diseases. With continued innovation and strategic developments, the market holds a promisingโ€ฆ
On the Go Packaging Market is projected to grow USD 3.34 billion by 2032, exhibiting a CAGR of 5.71%
On the Go Packaging Market is projected to grow USD 3.34 billion by 2032, exhibi โ€ฆ
The global on the go packaging market size stood at USD 2.05 billion in 2023. The market is slated to expand from USD 2.15 billion in 2024 to USD 3.34 billion by 2032, exhibiting a CAGR of 5.71% during the projection period. On the go packaging solutions, such as bottles, pouches, trays, and cups, are used for meeting the needs of consumers requiring portability and convenience in daily lives. The escalatingโ€ฆ
U.S. Point-of-Care Ultrasound Market Size, Trends, Growth, Opportunities (2024-2032) | GE Healthcare and Koninklijke Philips N.V.
U.S. Point-of-Care Ultrasound Market Size, Trends, Growth, Opportunities (2024-2 โ€ฆ
The U.S. point-of-care ultrasound market size was worth USD 444.7 million in 2023 and is projected to grow at a CAGR of 14.4% during the forecast period (2024-2032). The U.S. Point-of-Care Ultrasound Market is rapidly expanding, driven by advancements in portable imaging technologies and increasing demand for real-time diagnostics. As healthcare shifts toward faster, more accessible solutions, point-of-care ultrasound (POCUS) devices are becoming integral in emergency care, primary care, and remoteโ€ฆ

All 5 Releases


More Releases for Robotics

Edible Soft Robotics Market is Booming Worldwide with Rethink Robotics, ReWalk R โ€ฆ
Latest released Global Edible Soft Robotics Market Research Report provides detailed assessment about Key and emerging Players highlighting profiles, product portfolio, market price, and sales revenue to better derive market size estimation. With this evaluation the aim is to throw lights on Future trends, Growth Factors, opinions and facts derived from industry executives with statistically supported and validated market data. Furthermore, a clear explanation of How or Why this marketโ€ฆ
Rehabilitation Robotics Market 2025 - Kinova Robotics, Rehab-Robotics Company, T โ€ฆ
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 โ€ฆ
Cloud Robotics Market | Kuka Robotics, ABB Group, Fanuc Corporation, Cavalry Rob โ€ฆ
Global Cloud Robotics Market: Snapshot Cloud robotics leverages remote computing resources for greater memory, collective learning, computational power, and interconnectivity for applications in robotics. Those come in especially handy when storage or computational demands surpass on-board capacity. Massive resources in a datacenter are a great way to supplement the limited local resources. Cloud robotics in the past few years has disrupted the functioning of robots drastically. From the single-purpose robotics of thatโ€ฆ
Warehouse Robotics Market 2020 โ€“ 2027: Technological Advancement and Growth Op โ€ฆ
The Insight Partners delivers well-researched industry-wide information on the Warehouse Robotics Market. It provides information on the marketโ€™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, marketโ€™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 ofโ€ฆ
Parallel Robots Market Key Player Analysis โ€“ ABB, Codian Robotics, Fanuc, Omro โ€ฆ
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 andโ€ฆ
๏ปฟGlobal Interactive Robots Market 2018 โ€“ Blue Frog Robotics, Pal Robotics, S โ€ฆ
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 studiesโ€ฆ