Automotive Robotics Market Overview:
The
global automotive
robotics market is estimated to display a CAGR of 10% during
the forecast period from 2023 to 2032. The increasing concern for labor safety
is the primary factor that drives the global automotive robotics market 2020.
The other essential factors that drive the market are meeting market demands
within the time limit and the adoption of the latest automated technology to
assure quality production. Moreover, implementing the automotive robotics in
the manufacturing operations helps in reducing the cost of operation, saves
time, provides better quality and operational flexibility, reduces wastage of
raw material, and lessens pollution and manufacturing faults.
Due to the sudden outbreak of
novel coronavirus, there has been an immense change in the market dynamics.
Several regions have been affected due to the pandemic. We will provide
COVID-19 impact analysis with the report.
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Free Sample Report of Automotive Robotics Market
Automotive Robotics Market Key Players
The
forefront players of the global automotive robotics market are Nachi-Fujikoshi
Corp., Comau SpA, ABB Group, Denso Wave Incorporated, Fanuc Corporation,
Dürr AG, Harmonic Drive System, Kawasaki Heavy Industries (Kawasaki Robotics),
KUKA AG, and Nabtesco Motion Control, Inc.
Automotive Robotics Market Segmentation
The
global automotive robotics market can be segregated on the basis of product
type, application, type, and region.
·
On the basis of product type, the
global automotive robots market can be classified into an articulated robot,
SCARA robot, and Cartesian robot.
·
On the basis of application, the
global automotive robots market can be classified into stamping, gripping,
welding, painting, assembly, and others.
·
On the basis of type, the global
automotive robots market can be classified into service, hardware, and
software.
·
On the basis of region, the
global automotive robots market can be classified into North America,
Asia-Pacific, Europe, and the Rest of the World (RoW).
Automotive Robotics Industry Updates
May 2020
UPS,
an American company, has unveiled new warehouse network technology to make
distribution centers. It uses autonomous mobile robots from Locus Robotics. UPS
says the new Warehouse Execution System (WES) will allow faster order intake
and fulfillment to assure that customers receive products within the time
limit.
Geek+
Robotics has launched a pair of disinfection robots in the wake of Coronavirus
pandemic. The company says the new robots are designed to help keep facilities
free of germs and viruses, which may affect health. The robots
operate automatically and avoid obstacles unmanned. They are designed to work
24/7 in all types of transportation stations, warehouses, offices, schools,
stores, and hospitals.
Automotive Robotics Regional Analysis
The
geographical analysis of North America, Asia-Pacific, Europe, and the Rest of
the World (RoW) has been conducted. As per the analysis, North America
dominates the global automotive robotics market. There has been a sudden surge
in the demand and adoption of robotics technology. The U.S. and Canada play a significant
role in expanding the market. On the other hand, the European market is likely
to exhibit a significant expansion due to the presence of established key
players in the region.
The dominant
player in the European market is Germany, France, Sweden, Italy, and the U.K.
The APAC region is estimated to experience considerable expansion due to the
growing automotive industries and rapid industrialization. India and China play
an essential role in the regional market expansion due to their fast pace of
development and willingness to adopt the latest technologies. Besides India and
China, Japan also plays an important role and participates actively in market
expansion. In RoW nations, the most significant markets are Saudi Arabia, Brazil,
and followed by other countries.
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