Press release
Automotive Manufacturing Equipment Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Automotive Manufacturing Equipment Market
The escalating demand for electric vehicles is anticipated to boost the expansion of the automotive manufacturing equipment industry. The basic concept of an electric vehicle (EV) is that it runs on electric power, mainly or solely, in contrast to traditional vehicles that operate on petrol or diesel using internal combustion engines. The role of automotive manufacturing equipment is critical to the future of transportation, particularly for electric vehicles. This is where meticulousness, efficiency, and originality unite, steering the green transportation revolution. For instance, the International Energy Agency, a France-based international organisation, stated in July 2023 that electric vehicle sales amounted to 10 million in 2022, and they projected an increase to 14 million by 2023. As a result, the escalating demand for electric vehicles is fuelling the expansion of the automotive manufacturing equipment industry. As the adoption of Industry 4.0 grows, the automotive manufacturing equipment market is expected to develop further. Industry 4.0 is the fourth phase of the industrial revolution, characterised by the incorporation of advanced technologies, automation, and data exchange in manufacturing operations. It enhances automotive manufacturing equipment by providing real-time data tracking, predictive maintenance, and interconnected systems for better productivity and optimized production. For example, according to the Central Indiana Corporate Partnership, a not-for-profit organization based in the US, there was a rise in the rate of adoption of Industry 4.0 technologies across several sectors, such as autonomous mobile robots, resulting in a growth from 11% in 2021 to 16% in December 2022. Consequently, the increasing adoption of Industry 4.0 is fuelling the expansion of the automotive manufacturing equipment market.
Get Your Automotive Manufacturing Equipment Market Report Here:
https://www.thebusinessresearchcompany.com/report/automotive-manufacturing-equipment-global-market-report
How will the growth rate of the automotive manufacturing equipment market shape industry trends by 2034?
The market size for automotive manufacturing equipment has seen a significant expansion in the past few years. There is an expectation for it to increase from $7.53 billion in 2024 to $8.38 billion in 2025, representing a compound annual growth rate (CAGR) of 11.2%. Economic progression, shifts in consumer preferences, regulatory norms, the internationalization of supply chains, and cost-effectiveness are factors that contributed to the growth during the historic period.
In the forthcoming years, it is predicted that the automotive manufacturing equipment market will experience robust expansion. The market size is anticipated to reach $12.06 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.5%. This rise during the forecast period can be ascribed to factors such as the surge in electric vehicle adoption, integration of industry 4.0, emphasis on environmental sustainability, resilience in the supply chain, and increasing demand for customization. Significant trends projected for this period encompass the employment of industry 4.0 technologies, the use of collaborative robots (cobots), the integration of augmented reality (AR) and virtual reality (VR), the advent of 3D printing/additive manufacturing, a shift towards more flexible and modular production systems, and the creation of advanced material handling systems.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13376&type=smp
How are the latest trends influencing the growth of the automotive manufacturing equipment market?
Significant firms in the market are directing their efforts towards product invention in order to boost their income. A serial-link robot is a form of robotic arm setup comprised of a sequence of rigid links connected in a chain-like pattern from one end to another. For instance, FANUC, a robotic firm from Japan, launched in January 2022, the M-1000iA, its largest serial-link robot, designed to manage heavy product handling tasks including automotive parts, construction materials, and electric vehicle battery packs. Benefiting from its serial-link structure, the robot offers a comprehensive range of movements, with the ability to extend its arm straight up or swivel it backward. With its payload capacity of 1000 kg, a horizontal reach of 3,253mm, and vertical reach of 4,297mm, the M-1000iA is well-suited to manufacturers aiming to boost production and optimize line efficiency.
Which primary segments of the automotive manufacturing equipment market are driving growth and industry transformations?
The automotive manufacturing equipment market covered in this report is segmented -
1) By Equipment Type: CNC Machine, Conveyor Belt, Injection Molding Machine, Robot, Stamping Machine, Welding Machine
2) By Mode of Operation: Automatic, Semi-Automatic
3) By Vehicle Type: Passenger Vehicle, Commercial Vehicle
Subsegments:
1) By CNC Machine: Lathes, Milling Machines, Drilling Machines, Grinding Machines
2) By Conveyor Belt: Roller Conveyors, Belt Conveyors, Chain Conveyors, Overhead Conveyors
3) By Injection Molding Machine: Hydraulic Injection Molding Machines, Electric Injection Molding Machines, Hybrid Injection Molding Machines
4) By Robot: Articulated Robots, Cartesian Robots, SCARA Robots, Collaborative Robots
5) By Stamping Machine: Mechanical Stamping Machines, Hydraulic Stamping Machines, Pneumatic Stamping Machines
6) By Welding Machine: Arc Welding Machines, Resistance Welding Machines, Laser Welding Machines, Ultrasonic Welding Machines
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13376
Which geographical regions are pioneering growth in the automotive manufacturing equipment market?
North America was the largest region in the automotive manufacturing equipment market in 2024. The regions covered in the automotive manufacturing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the automotive manufacturing equipment market landscape?
Major companies operating in the automotive manufacturing equipment market report are Siemens AG, Denso Corporation, Mitsubishi Electric Corporation, ABB Ltd., Emerson Electric Co., JTEKT Corporation, Seiko Epson Corporation, Rockwell Automation Inc., Bosch Rexroth AG, FANUC Corporation, Hexagon AB, Trumpf GmbH, Dürr Group, Daifuku Co. Ltd., Yaskawa Electric Corporation, KUKA AG, DMG MORI Co. Ltd., Amada Co. Ltd., ATS Automation Tooling Systems Inc., Nachi-Fujikoshi Corporation, Schuler AG, Stäubli International AG, Okuma Corporation, Cognex Corporation, AIDA Engineering Ltd., HD Hyundai Robotics, Fronius International GmbH, Kawasaki Heavy Industries Ltd., Universal Robots A/S, Comau SpA
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=13376&type=smp
What Is Covered In The Automotive Manufacturing Equipment Global Market Report?
• Market Size Forecast: Examine the automotive manufacturing equipment market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the automotive manufacturing equipment market for a structured understanding.
• Key Players Overview: Analyze major players in the automotive manufacturing equipment market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automotive manufacturing equipment market.
• Segment Contributions: Evaluate how different segments drive overall growth in the automotive manufacturing equipment market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automotive manufacturing equipment market.
• Industry Challenges: Identify potential risks and obstacles affecting the automotive manufacturing equipment market.
• Competitive Landscape: Review strategic developments in the automotive manufacturing equipment market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Automotive Manufacturing Equipment Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share here
News-ID: 3904766 • Views: …
More Releases from The Business Research Company
2025-2034 Superconducting Quantum Chip Market Outlook: Key Drivers, Emerging Cha …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Superconducting Quantum Chip Market Through 2025?
The market size of superconducting quantum chips has shown a swift expansion in the past few years. It's forecasted to surge from a value of $0.74 billion in 2024, reaching $0.87 billion in 2025, with a…
What Is Driving Global Responsible AI Governance Consulting Market Growth in 202 …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Responsible AI Governance Consulting Market Size By 2025?
The market size for responsible AI governance consulting has seen substantial growth recently. Projections show it will expand from $0.29 billion in 2024 to $0.43 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 49.0%.…
Expansion Of Industrial Fleets Fueling The Growth Of The Market Due To Rising E- …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Material Handling Equipment Telematics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the size of the telematics market for material handling equipment has experienced swift growth. The market is projected to increase from $5.42 billion in 2024 to $6.14 billion in 2025,…
Higher Educational Professional Audio-Visual (Pro AV) Market Poised to Hit $5.68 …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Higher Educational Professional Audio-Visual (Pro AV) Industry Market Size Be by 2025?
The market size for professional audio-visual (pro av) in the higher education sector has seen robust growth in the past few years. The market is projected to increase from a value of $3.54 billion…
More Releases for Machine
Concrete Block Machine market: Lucrative Segments and their Underlying Factors | …
"
The Concrete Block Machine global market is thoroughly researched in this report, noting important aspects like market competition, global and regional growth, market segmentation and market structure. The report author analysts have estimated the size of the global market in terms of value and volume using the latest research tools and techniques. The report also includes estimates for market share, revenue, production, consumption, gross profit margin, CAGR, and other key…
Agriculture Machine to Machine (M2M) Agriculture Machine to Machine (M2M)
Global Agriculture Machine to Machine (M2M) market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. Significant market players of market their aggressive scene, improvement plans and arrangements are clarified in the research report. Further, the market status and SWOT analysis are conducted on a regional and country level to prepare development plans and analyse the market…
Machine To Machine (M2M) Connections Market
Machine to Machine (M2M) Connections Market Research study which offers insights of in-depth research on historic and current market size along with the expected future prospects of the market and emerging trends in the market. The Machine to Machine (M2M) Connections Market report provides crucial information about the market, including Opinions from Industry experts, and the recent progressions and developments of the Machine to Machine (M2M) Connections Market.
Mobile, other connected…
Drilling Machine Market by Type (Sensitive Drilling Machine, Upright Drilling Ma …
Asia-Pacific serves as the most productive region as compared to others with diverse industry verticals significantly investing in drilling machine. Moreover, various domestic players are investing in the automotive and military & defense sectors, which is anticipated to boost the demand for drilling machines and its components to complete the respective operations with reduced labor cost and high precision of work within optimized time. Furthermore, the drilling machine market is…
Drilling Machine Market Report 2018: Segmentation by Type (Portable Drilling Mac …
Global Drilling Machine market research report provides company profile for Halliburton, Atlas Copco, Torquado Drilling Accessories, DATRON, DMTG, DMG MORI, SMTCL, NewTech Drilling Products, Baker Huges, Cheston, National Oilwell Varco and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the…
Washing Machine Market Report 2018: Segmentation by Washing Machine Type (Drum-t …
Global Washing Machine market research report provides company profile for Frigidaire (US), Arbreau (US), Kenmore (US), ECOAP (China), Turbo Series (Korea), Avanti (Denmark), Fisher & Paykel (New Zealand), Globe House Products (US), GE (US), LG (Korea), Electrolux (Sweden), Samsung (Korea), Speed Queen(US), Bosch (Germany) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018…
