Market Research Report
Automotive Robotics Market by Component, Type, and Application : Global Opportunity Analysis and Industry Forecast, 2020-2027
|Automotive Robotics Market by Component, Type, and Application : Global Opportunity Analysis and Industry Forecast, 2020-2027|
Published: December 22, 2020
Allied Market Research
Content info: 339 Pages
Delivery time: 2-3 business days
Automotive Robotics Market by Component (Controller, Robotic arm, End effector, Sensors, Drive, and Others), Type (Articulated, Cylindrical SCARA, Cartesian, and Others), and Application (Welding, Painting, Cutting, Material Handling, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027.
Industrial robots have been adopted in the automobile manufacturing plants around the world for many years, but in recent days, adoption of more advanced robots in the automotive industry has increased. Demand for automobile has increased around the world, which in turn has resulted in adoption of industrial robotics by the manufacturers to speed up the production rate. In addition, every robotic application in the automotive industry is designed to cut down on waste materials, increase productivity, reduce safety risks or to improve quality standards. Further, various applications of automotive robotics include welding, painting, material handling, and others.
The automotive robotics market has witnessed significant growth over the years, owing to increase in automation in automotive industry and reduction in labor cost in organizations.
The report analyzes the global automotive robotics market into component, type, application, and region. Controller, robotic arm, end effector, sensors, drive, and others are studied under the component segment. The revenue generated by various types of automotive robotics such as articulated, cylindrical, SCARA, Cartesian, and others has been considered. Depending on application, the market is divided into welding, painting, cutting, material handling and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the automotive robotics market include ABB, Comau, DENSO WAVE INCORPORATED, FANUC CORPORATION, Kawasaki Heavy Industries, Ltd., KUKA AG, NACHI-FUJIKOSHI CORP., Rockwell Automation, Inc., Seiko Epson Corporation, YASKAWA ELECTRIC CORPORATION, and others.
KEY BENEFITS FOR STAKEHOLDERS
This study presents the analytical depiction of the global automotive robotics market along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the market.
Porter's five forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS