Automation Technology to Augment the Global Automotive Robotics Market Growth

January 12 17:40 2022
Automation Technology to Augment the Global Automotive Robotics Market Growth
Automotive Robotics Market Growth
According to a new market research report launched by Inkwood Research, the Global Automotive Robotics Market is estimated to advance at a growth rate of 12.16% during the forecast period 2021-2028, attaining revenue worth $13.97 billion by 2028.

According to a new market research report launched by Inkwood Research, the Global Automotive Robotics Market is estimated to advance at a growth rate of 12.16% during the forecast period 2021-2028, attaining revenue worth $13.97 billion by 2028.

Browse 81 market data Tables and 65 Figures spread over 274 Pages, along with in-depth analysis on the Global Automotive Robotics Market by Robot Type, Components, Applications, & by Geography.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Automotive Robotics Market Scenario

Automation has emerged as a major boon for the automotive sector, increasing production rate immensely over the past few years. Moreover, the new product developments have given a competitive edge to OEMs in the industry. As per estimates, the automotive industry is among the most important industrial robot end-users. These robots have found application in painting, welding, machine tending, and gluing. As a result, advanced technologies integrated with machine learning, along with automation, are adopted to advance the production process.

However, there has been a global shortage of professionals with high-level skillsets, affecting robotics development significantly. Besides this, the cost of industrial robotics has surged over the years. For instance, an industrial robot arm can cost around $25,000 to $400,000. As a result, the high cost and shortage of skilled professionals impede the automotive robotics market’s growth globally.

The Global Automotive Robotics Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Automotive Robotics Market by Robot Type, Components, Applications, & by Geography:https://inkwoodresearch.com/reports/automotive-robotics-market/#request-free-sample

Market Segmentation

Market by Robot Type         

  • Articulated Robots
  • Cartesian Robots
  • Cylindrical Robots
  • SCARA Robots
  • Other Robots (Polar/Spherical Robots)

Market by Components

  • Controller
  • Robotic Arm
  • End Effector
  • Sensors
  • Drive
  • Other Components

Market by Applications

  • Assembly
  • Cutting & Milling
  • Material Handling
    • AGVS
    • Others
    • Welding
      • Arc
      • Spot
      • Laser
      • Other Welding
      • Painting
        • Coating
        • Dispensing
        • Sealing
        • Spraying
        • Polishing
        • Other Applications

 

    

Report Highlights

– The report provides a detailed analysis of the current and future market trends to identify the investment opportunities – Market forecasts till 2028, using estimated market values as the base numbers – Key market trends across the business segments, regions, and countries – Key developments and strategies observed in the market – Market dynamics such as drivers, restraints, opportunities, and other trends – In-depth company profiles of key players and upcoming prominent players – Growth prospects among the emerging nations through 2028

 

Companies Profiled

  • ABB LTD
  • COMAU SPA
  • DENSO WAVE INCORPORATED
  • DÜRR AG
  • FANUC CORPORATION
  • HARMONIC DRIVE AG
  • HONDA MOTOR CO LTD
  • KAWASAKI ROBOTICS INC
  • KUKA AG
  • NACHI-FUJIKOSHI CORPORATION
  • OMRON CORPORATION
  • SEIKO EPSON CORPORATION
  • UNIVERSAL ROBOTS A/S
  • YAMAHA ROBOTICS INC
  • YASKAWA ELECTRIC CORPORATION

 

Related Reports

GLOBAL SCARA ROBOTS MARKET – The global SCARA robots market is estimated to register growth at a CAGR of 9.90% over the forecasted period 2019 to 2028.

GLOBAL INDUSTRIAL ROBOTICS MARKET – The global market for industrial robotics is expected to witness a growth rate of 10.21% over the forecast period 2021-2028.

GLOBAL COLLABORATIVE ROBOTS MARKET – The global collaborative robots market is anticipated to rise in terms of revenue at a CAGR of 45.64% during the years 2019-2027.

Media Contact
Company Name: Inkwood Research
Contact Person: Arvind Iyer
Email: Send Email
Phone: 1-(857) 293-0150
Country: United States
Website: https://www.inkwoodresearch.com/

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