Advanced Robotics in Automotive Market Overview:
A research team conducted extensive primary and secondary research for the Advanced Robotics in Automotive market analysis of the global industry. Secondary research was conducted to supplement the available information, segment the market, calculate the overall market size, and forecast market size and growth rate.
For many years, the automotive industry has used industrial robotics in the manufacturing process. Armored robots hold a substantial portion of automotive robots, and welding is the most common use of robots in the automobile industry. Robotic technologies in the automobile sector are more cost-effective, efficient, and safe than human counterparts since they can complete tasks faster. Advanced Robotics in Automotive market is expected to register CAGR of 10.17% during the forecast period.
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Advanced Robotics in Automotive Market Dynamics:
The Advanced Robotics for Manufacturing (ARM) Institute is a public-private affiliation that endeavors to work on the seriousness of makers in the US through coordinated efforts and improvement of creative mechanical technology arrangements. It is supported by the US Department of Defense. The foundation has called for fast and high-sway projects in advanced mechanics to help the speedy reaction expected for the COVID-19 pandemic. The endorsed proposition would be financed under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Such invigorating bundles urge firms to foster inventive arrangements. The Government of India has given a motivation of Rs 1.45-trillion bundle by broadening the creation connected motivator (PLI) plan to 10 assembling areas with primary spotlight on the auto and car parts area. The Japanese government has USD 221 million sponsorship as a piece of its China leave strategy for Japanese organizations to move their base to India and different areas.
Advanced Robotics in Automotive Market Segmentation:
The 16.01-60.00 kg payload classification is the one showing the most notable growth over the course of the gauge. This class includes articulated, SCARA, equal, and cooperative robots, which are expected to be more popular on the market in the foreseeable future. This is due to the SCARA robots being predicted to experience the highest growth due to the growing demand for robotization in the electrical and hardware industry for assembly and maintenance uses, where they would be extensively used. The SCARA robots will also unavoidably replace the round and barrel-shaped robots, which will soon become obsolete.
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Advanced Robotics in Automotive Market Key players:
- Kawasaki Heavy Industries (Japan)
- Denso Corporation (Japan)
- NACHI-FUJIKOSHI (Japan)
- Seiko Epson (Japan)
- DÜrr (Germany)
- ICR Services (US)
- IRS Robotics (Netherlands)
- Hyundai Robotics (South Korea)
- Siasun Robotics (China)
COVID-19 Impact on Advanced Robotics in Automotive market:
The COVID-19 outbreak has had a significant impact on the Advanced Robotics in Automotive market. Due to the global economic downturn and a labour shortage, the development of Advanced Robotics in Automotive production facilities has been put on hold. The COVID-19 pandemic has caused a significant and sustained decline in production utilisation. Additionally, staff visits to their facilities have been hindered by travel restrictions and facility closures, which will restrain the growth of the Advanced Robotics in Automotive market in 2020. However, given the high demand for Advanced Robotics in Automotive, the market effects of COVID-19 are anticipated to be transient. By the beginning of 2021, the industry is anticipated to fully recover.
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This industry study presents the global Automotive Robotics market size, historical breakdown data (2013–2018) and forecast (2018–2025).
The Automotive Robotics production, revenue and market share by manufacturers, key regions and type;The consumption of Automotive Robotics in volume terms are also provided for major countries (or regions), and for each application and product at the global level.
Market share, growth rate, and competitive factors are also evaluated for market leaders ABB, KUKA, etc.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-automotive-robotics-2025-443Global Automotive Robotics market size will reach million US$ by 2025, from million US$ in 2017, at a CAGR of during the forecast period.
In this study, 2017 has been considered as the base year and 2018–2025 as the forecast period to estimate the market size for Automotive Robotics.The following manufacturers are covered in this report:ABBKUKADenso WaveYaskawa ElectricKawasaki Heavy IndustriesCOMAUNachi-FujikoshiRockwell AutomationSeiko EpsonFANUCAutomotive Robotics Breakdown Data by TypeArticulated RobotsCartesian RobotsCylindrical RobotsSCARA RobotsOthersAutomotive ProductionAutomotive Maintenance and RepairWorkshop AssistantAutomotive Robotics Production by RegionUnited StatesEuropeChinaJapanSouth KoreaIndiaOther RegionsAutomotive Robotics Consumption by RegionNorth AmericaUnited StatesCanadaMexicoAsia-PacificChinaIndiaJapanSouth KoreaAustraliaIndonesiaMalaysiaThe study objectives are:To analyze and research the global Automotive Robotics status and future forecast?involving, production, revenue, consumption, historical and forecast.To present the key Automotive Robotics manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.To segment the breakdown data by regions, type, manufacturers and applications.To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.To identify significant trends, drivers, influence factors in global and regions.To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.In this study, the years considered to estimate the market size of Automotive Robotics :History Year: 2013–2017Base Year: 2017Estimated Year: 2018Forecast Year: 2018–2025This report includes the estimation of market size for value (million USD) and volume (K Units).
Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Robotics market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research.
Automotive Robotics Market by Type (Articulated, Cartesian, SCARA, Cylindrical), Component (Controller, Robotic Arm, End Effector, Sensors, Drive), Application (Welding, Painting, Cutting, Material Handling), and Region - Global Forecast to 2021.
The global automotive robotics market, in terms of value, is projected to grow at a CAGR of 10.69% and is estimated to grow from USD 5.13 billion in 2016 to reach USD 8.53 billion by 2021.Download our free PDF Brochure and gain crucial industry insights that will help your business grow:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=262848440Robotic sensors expected to drive the global automotive robotics marketRobotic Sensors segment is estimated to be the fastest growing segment in the automotive robotics market, by component.
These sensor-enabled robots can take smarter decisions related to the manufacturing process, and hence make the process much more easier and less time consuming.
Some of the key sensory systems used in automotive robotics are vision perception sensors and force sensing.Request for free Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=262848440 Browse and in-depth TOC on Automotive Robotics Market 86 - Tables49 - Figures 138 – Pages The following are the major objectives of the study.To define, describe, and forecast the automotive robotics market on the basis of product type, component, application, and region, in terms of volume (thousand/million units) and value (USD million/billion)To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, industry-specific challenges, and burning issues)To analyze opportunities for stakeholders and provide details of the competitive landscape for market leadersTo strategically analyze subsegments (product type and component) with respect to individual growth trends, future prospects, and contribution to the total market Top-down and bottom-up approaches have been used to determine the overall market size.
Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Factiva, along with primary respondents.
Target Audience of Automotive Robotics MarketManufacturers of automotive roboticsIntegrators of automotive roboticsIndustry associationsAutomotive OEM’sTier 1 and Tier 2 SuppliersPrivate equity firmsRequest for sample:https://www.marketsandmarkets.com/requestsampleNew.asp?id=262848440 Automotive Robotics Market Key Players The report analyzes all major players in the automotive robotics market, including ABB (Switzerland), FANUC Corporation (Japan), Yaskawa Electric Corporation (Japan), KUKA AG (Germany), and Kawasaki Heavy Industries (Japan).
Market Synopsis As per the research by Market Research Future Reports (MRFR), the Global Automotive Robotics Market is estimated to display a CAGR of 10% during the forecast period from 2016 to 2022.
Moreover, implementing the automotive robotics in the manufacturing operations helps in reducing the cost of operation, saves time, provides better quality and operational flexibility, reduces wastage of raw material, and lessens pollution and manufacturing faults.Due to the sudden outbreak of novel coronavirus, there has been an immense change in the market dynamics.
We will provide COVID-19 impact analysis with the report.Get free sample pdf @ https://www.marketresearchfuture.com/sample_request/1989Market SegmentationThe global automotive robotics market can be segregated on the basis of product type, application, type, and region.On the basis of product type, the global automotive robots market can be classified into an articulated robot, SCARA robot, and Cartesian robot.On the basis of application, the global automotive robots market can be classified into stamping, gripping, welding, painting, assembly, and others.On the basis of type, the global automotive robots market can be classified into service, hardware, and software.On the basis of region, the global automotive robots market can be classified into North America, Asia-Pacific, Europe, and the Rest of the World (RoW).Buy Now @ https://www.marketresearchfuture.com/checkout?currency=one_user-USD_id=1989Regional AnalysisThe geographical analysis of North America, Asia-Pacific, Europe, and the Rest of the World (RoW) has been conducted.
The APAC region is estimated to experience considerable expansion due to the growing automotive industries and rapid industrialization.
Besides India and China, Japan also plays an important role and participates actively in market expansion.
In RoW nations, the most significant markets are Saudi Arabia, Brazil, and followed by other countries.Browse complete report @ https://www.marketresearchfuture.com/reports/automotive-robotics-market-1989Key PlayersThe forefront players of the global Automotive Robotics Market are Nachi-Fujikoshi Corp., Comau SpA, ABB Group, Denso Wave Incorporated, Fanuc Corporation, Dürr AG, Harmonic Drive System, Kawasaki Heavy Industries (Kawasaki Robotics), KUKA AG, and Nabtesco Motion Control, Inc.Table of Content1.
