PUBLISHER: IMARC | PRODUCT CODE: 1291353
PUBLISHER: IMARC | PRODUCT CODE: 1291353
Automotive Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global automotive robotics market size reached US$ 9.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 19.2 Billion by 2028, exhibiting a growth rate (CAGR) of 11.4% during 2023-2028.
Automotive robotics refers to computer-programmed engineering solutions that are extensively employed by manufacturers for performing complex tasks effectively. It offers flexibility, higher efficiency, reliability, and accuracy, which in turn, is helping organizations in improving quality and production capacity, optimizing workflow, eliminating the risk of errors, and providing safety to employees. On account of these properties, automotive robotics is used in vehicle assembly facilities for executing various applications, including spot welding, painting, trimming plastic molding, cutting fabric, and removing unwarranted materials. At present, it is available in varying product types, such as cartesian, articulated polar and cylindrical robots.
Automotive Robotics Market Trends:
With the significant expansion in the automotive industry, there has been an increase in the demand for industrial robots to simplify complex production processes, which, in turn, is acting as one of the prime factors driving the market growth. Automotive robots help in enhancing the quality and working capacity at lower costs, which is further supporting the market growth. Additionally, the rising concerns regarding employee safety due to the increasing instances of injury, manual errors and accidents caused by working under hazardous conditions in the automotive manufacturing industry is acting as another growth-inducing factor. This is further supported by extensive fundings and numerous favorable initiatives undertaken by the government bodies of various countries for incorporating advanced gadgets and equipment to ensure workers security, while meeting the safety standards. Additionally, rapid technological advancements, such as the integration of the Internet of Things (IoT), cloud solutions, and autonomous intelligent vehicles (AIVs) for transferring components and materials safely from one place to another is contributing to the market growth. Other factors, such as strategic collaborations amongst key players, growing vehicle production due to inflating disposable incomes in emerging economies, and rising investments in research and development (R&D) activities for introducing energy-efficient automotive robots are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive robotics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, component type, application and end user.
Breakup by Product Type:
Cartesian Robots
SCARA Robots
Articulated Robot
Others
Breakup by Component Type:
Controller
Robotic Arm
End Effector
Drive and Sensors
Breakup by Application:
Assembly
Dispensing
Material Handling
Welding
Others
Breakup by End User:
Vehicle Manufacturers
Automotive Component Manufacturers
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Denso Wave Incorporated (DENSO Corporation), Durr Aktiengesellschaft, FANUC, Harmonic Drive Systems Inc., Kawasaki Heavy Industries Ltd., KUKA Aktiengesellschaft (Midea Group), Nachi-Fujikoshi Corp., Omron Corporation, Seiko Epson Corporation, Yamaha Motor Co. Ltd. and Yaskawa Electric Corporation.
Key Questions Answered in This Report
1. What was the size of the global automotive robotics market in 2022?
2. What is the expected growth rate of the global automotive robotics market during 2023-2028?
3. What has been the impact of COVID-19 on the global automotive robotics market?
4. What are the key factors driving the global automotive robotics market?
5. What is the breakup of the global automotive robotics market based on the product type?
6. What is the breakup of the global automotive robotics market based on the component type?
7. What is the breakup of the global automotive robotics market based on application?
8. What are the key regions in the global automotive robotics market?
9. Who are the key players/companies in the global automotive robotics market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Automotive Robotics Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Cartesian Robots
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 SCARA Robots
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Articulated Robot
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Component Type
- 7.1 Controller
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Robotic Arm
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 End Effector
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Drive and Sensors
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Application
- 8.1 Assembly
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Dispensing
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Material Handling
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Welding
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by End User
- 9.1 Vehicle Manufacturers
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Automotive Component Manufacturers
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 ABB Ltd.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Denso Wave Incorporated (DENSO Corporation)
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 Durr Aktiengesellschaft
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4 FANUC
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Harmonic Drive Systems Inc.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.6 Kawasaki Heavy Industries Ltd.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 KUKA Aktiengesellschaft (Midea Group)
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 Nachi-Fujikoshi Corp.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Omron Corporation
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 Seiko Epson Corporation
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.11 Yamaha Motor Co. Ltd.
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 Financials
- 15.3.11.4 SWOT Analysis
- 15.3.12 Yaskawa Electric Corporation
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.1 ABB Ltd.
List of Figures
- Figure 1: Global: Automotive Robotics Market: Major Drivers and Challenges
- Figure 2: Global: Automotive Robotics Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Automotive Robotics Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Automotive Robotics Market: Breakup by Product Type (in %), 2022
- Figure 5: Global: Automotive Robotics Market: Breakup by Component Type (in %), 2022
- Figure 6: Global: Automotive Robotics Market: Breakup by Application (in %), 2022
- Figure 7: Global: Automotive Robotics Market: Breakup by End User (in %), 2022
- Figure 8: Global: Automotive Robotics Market: Breakup by Region (in %), 2022
- Figure 9: Global: Automotive Robotics (Cartesian Robots) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Automotive Robotics (Cartesian Robots) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Automotive Robotics (SCARA Robots) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Automotive Robotics (SCARA Robots) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Automotive Robotics (Articulated Robot) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Automotive Robotics (Articulated Robot) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Automotive Robotics (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Automotive Robotics (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Automotive Robotics (Controller) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Automotive Robotics (Controller) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Automotive Robotics (Robotic Arm) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Automotive Robotics (Robotic Arm) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Automotive Robotics (End Effector) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Automotive Robotics (End Effector) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Automotive Robotics (Drive and Sensors) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Automotive Robotics (Drive and Sensors) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Automotive Robotics (Assembly) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Automotive Robotics (Assembly) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Automotive Robotics (Dispensing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Automotive Robotics (Dispensing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Automotive Robotics (Material Handling) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Automotive Robotics (Material Handling) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Automotive Robotics (Welding) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Automotive Robotics (Welding) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Automotive Robotics (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Automotive Robotics (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Global: Automotive Robotics (Vehicle Manufacturers) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Global: Automotive Robotics (Vehicle Manufacturers) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Global: Automotive Robotics (Automotive Component Manufacturers) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Global: Automotive Robotics (Automotive Component Manufacturers) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: North America: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: North America: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: United States: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: United States: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Canada: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Canada: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Asia-Pacific: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Asia-Pacific: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: China: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: China: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Japan: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Japan: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: India: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: India: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: South Korea: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: South Korea: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Australia: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Australia: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Indonesia: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Indonesia: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Others: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Others: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Europe: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Europe: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Germany: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Germany: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: France: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: France: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: United Kingdom: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: United Kingdom: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Italy: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Italy: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Spain: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Spain: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Russia: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Russia: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Others: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Others: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Latin America: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Latin America: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Brazil: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Brazil: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Mexico: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 82: Mexico: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Others: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 84: Others: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 85: Middle East and Africa: Automotive Robotics Market: Sales Value (in Million US$), 2017 & 2022
- Figure 86: Middle East and Africa: Automotive Robotics Market: Breakup by Country (in %), 2022
- Figure 87: Middle East and Africa: Automotive Robotics Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 88: Global: Automotive Robotics Industry: SWOT Analysis
- Figure 89: Global: Automotive Robotics Industry: Value Chain Analysis
- Figure 90: Global: Automotive Robotics Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Automotive Robotics Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Automotive Robotics Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Automotive Robotics Market Forecast: Breakup by Component Type (in Million US$), 2023-2028
- Table 4: Global: Automotive Robotics Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Automotive Robotics Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 6: Global: Automotive Robotics Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Automotive Robotics Market: Competitive Structure
- Table 8: Global: Automotive Robotics Market: Key Players
