Automotive Robotics Market 2028 By Type, Component, Application and Geography | The Insight Partners

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Automotive Robotics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Articulated, Cartesian, SCARA, Cylindrical); Component (Controller, Robotic Arm, End Effector, Sensors, Drive); Application (Welding, Painting, Cutting, Material Handling) and Geography

Report Code: TIPRE00006315 | No. of Pages: 150 | Category: Electronics and Semiconductor | Status: Upcoming

MARKET OVERVIEW

The highly dynamic nature of the automotive industry, as well as the growing requirement of extreme flexibility from auto manufacturers, are the primary reason for the adoption of automotive robotics globally. The mounting need to enhance productivity and improve the work environment by reducing the number of industrial accidents and focusing on employee safety is driving the market for automotive robotics in the global scenario.

MARKET SCOPE

The "Global Automotive Robotics Market Analysis to 2028" is a specialized and in-depth study of the Automotive Robotics market with a special focus on the global market trend analysis. The report aims to provide an overview of Automotive Robotics market with detailed market segmentation by type, component, application, and geography. The global Automotive Robotics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Automotive Robotics market players and offers key trends and opportunities in the Automotive Robotics market.

MARKET SEGMENTATION

  •   Based on type, the market is segmented into articulated, Cartesian, SCARA, and cylindrical
  •   On the basis of component, the market of segmented into controller, robotic arm, end effector, sensors, and drive.
  •   Based on application the market is fragmented into welding, painting, cutting, and material handling

MARKET DYNAMICS
Drivers:

  •   Increasing vehicle production as well as wages inflation
  •   Growing investments for automated production facilities
  •   High investments in developing countries
    Restraint -
  •   Complex and expensive set-up



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REGIONAL FRAMEWORK


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Automotive Robotics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Automotive Robotics market in these regions.

IMPACT OF COVID-19 ON AUTOMOTIVE ROBOTICS MARKET

COVID-19 severely impacted the automobile industry by the end of 2020 as there were several travel bans and other lockdown related restrictions imposed across the globe. The impact of the pandemic extends to all segments of the automobile and transportation industry, including Automotive Robotics manufacturers. As a result of travel restrictions and economic slowdown due to the pandemic and the consequent fall in demand, automotive manufacturers have been focusing on reducing costs and expenses, which includes cutting back on production spending. Due to long duration of halts in the supply chain of major automotive production, the Automotive Robotics suppliers have been facing a reduction in demand. However, as the lockdown measures start getting lifted and vaccine drives are held successfully, the demand for passenger cars is expected to rise. Since Automotive Robotics are finding huge application in various production facilities worldwide, the demand for such products is expected to revive with the rise in demand for vehicles.



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MARKET PLAYERS


The reports cover key developments in the Automotive Robotics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Automotive Robotics market are anticipated to lucrative growth opportunities in the future with the rising demand for Automotive Robotics market. Below mentioned is the list of few companies engaged in the Automotive Robotics market.

The report also includes the profiles of key Automotive Robotics market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •   ABB Ltd.
  •   Comau SpA
  •   DENSO WAVE INCORPORATED
  •   Fanuc Corporation
  •   Kawasaki Heavy Industries, Ltd.
  •   Kuka AG
  •   Nachi-Fujikoshi Corp.
  •   Rockwell Automation, Inc.
  •   Seiko Epson Corporation
  •   Yaskawa Electric Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


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The List of Companies

1. ABB Ltd.
2. Comau SpA
3. DENSO WAVE INCORPORATED
4. Fanuc Corporation
5. Kawasaki Heavy Industries, Ltd.
6. Kuka AG
7. Nachi-Fujikoshi Corp.
8. Rockwell Automation, Inc.
9. Seiko Epson Corporation
10. Yaskawa Electric Corporation
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