Research Nester assesses the growth of global automotive robotics market over the forecast period, i.e., 2023–2033, and evaluates its future prospects. Rising automation in the automotive industry and growing sale of automobiles to drive market growth.
New York — October 19, 2022 — Research Nester’s recent market research analysis on “Automotive Robotics Market: Global Demand Analysis & Opportunity Outlook 2033” delivers a detailed competitor analysis and a detailed overview of the global automotive robotics market in terms of market segmentation by type, component, application, and by region.
Growing Installations of Robots to Drive Growth of Global Automotive Robotics Market
The global automotive robotics market is estimated to grow majorly on account of the increased number of robots in the automotive industry which is the largest user of robots worldwide. For instance, more than 25% of all robot installations happened in the automotive sector in 2020.
The market research report on global automotive robotics encompasses an in-depth analysis of the industry growth indicators, restraints, supply and demand risk, along with a detailed discussion of current and future market trends. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market are poised to gain significant momentum in the next few years.
By application, the global automotive robotics market is segmented into casting, welding, painting, cutting, and material handling. The material handling segment is to garner a highest revenue by the end of 2033 by growing at a CAGR of ~ 13% over the forecast period. Rise in the usage of high-end articulated arm model robots.
By region, the Asia Pacific automotive robotics market is to generate the highest revenue by the end of 2033. This growth is anticipated by higher robot density in the automotive industry in the region.
The research is global in nature and covers a detailed analysis of the automotive robotics market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, an analysis comprising of global automotive robotics market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook, etc. has also been covered and displayed in the research report.
This report also provides the existing competitive scenario of some of the key players of the global automotive robotics market which includes company profiling of Kawasaki Heavy Industries, Ltd., Seiko Epson Corporation, Rockwell Automation, Inc., ABB Ltd, Switzerland, Denso Corporation, Comau S.p.A., Fanuc Corporation, Yaskawa Electric Corporation, Blackbird GmbH, Nachi Fujikoshi Corp., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments. On the whole, the report depicts a detailed overview of the global automotive robotics market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching for possibilities, and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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