PUBLISHER: Inkwood Research | PRODUCT CODE: 1504319
PUBLISHER: Inkwood Research | PRODUCT CODE: 1504319
The global aerospace robotics market size was $3308.92 million in 2023 and is expected to reach $8310.64 million by 2032, growing at a CAGR of 10.93% during the forecast period 2024-2032. The base year considered for the study is 2023, and the estimated period is between 2024 and 2032. The market study has also analyzed the impact of COVID-19 on the global aerospace robotics market qualitatively and quantitatively.
Aerospace robotics involves using industrial robots in the aerospace industry to handle tasks such as manufacturing, assembly, inspection, and maintenance. These robots enhance the precision and efficiency of jobs like welding, painting, and drilling, resulting in improved productivity and safety. Equipped with advanced sensors and software, aerospace robots can tackle complex tasks with remarkable accuracy and reliability.
Key growth enablers of the global aerospace robotics market:
The increasing passenger traffic necessitates additional aircraft in commercial aviation, prompting airlines to expand and modernize their fleets. The growing need for military aircraft due to rising defense spending and technological improvements necessitates the use of precision manufacturing techniques. In addition to this, the demand for reliable and efficient aircraft in civil aviation, including government operations and emergency services, is boosting the popularity of robotics use in the aerospace industry.
According to IATA, there was an upswing in total aviation traffic by 36.9% in 2023 compared to 2022, reaching 94.1% of pre-pandemic 2019 levels. In December 2023, it surged to 97.5% of December 2019 levels, marking a 25.3% increase over the previous year. Domestic traffic experienced an upswing of 30.4%, surpassing 2019 levels by 3.9%, while international traffic saw an upswing of 41.6%, reaching 88.6% of 2019 levels.
The aerospace industry has expanded production rates due to the growing demand for aircraft. Aircraft manufacturers are increasingly focusing on automation and robots, which offer crucial precision and efficiency. Cutting-edge robotic systems ensure high-quality output, minimize errors, and save a significant amount of money by reducing waste and labor costs. The unique requirements of the military, commercial, and civil aviation industries continue to drive ongoing advancements in robotics, resulting in innovative solutions for various applications. This need fuels innovation and enhances manufacturing efficiency, which is the driving force behind the aircraft robotics sector.
Key growth restraining factors of the global aerospace robotics market:
Thorough risk assessments, intensive worker training, and sophisticated safety mechanisms included in the robots are required to ensure safe interaction between human workers and robots in close proximity. Additionally, the potential for hacks or malfunctioning robots necessitates fail-safe systems and strong cybersecurity measures.
Regulatory compliance adds complexity to robotics integration in the aerospace industry. Companies need to stay informed to avoid legal issues and production delays, as regulatory bodies like the US Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA) frequently update their regulations. Diverse national standards make adhering to these regulations challenging, and non-compliance can result in significant fines and damage to reputation.
Global Aerospace Robotics Market | Top Market Trends
SEGMENTATION ANALYSIS
Market Segmentation - Robot Type, Application, Level of Automation, and End-User -
Market by Robot Type:
In 2023, the majority of the market share was captured by articulated robots in the market by robot type.
An articulated robot, equipped with rotary joints, is a highly adaptable type of robot commonly used in the aerospace sector. These robots can range from simple models with two joints to complex systems featuring ten or more joints. Powered by electric motors, they excel in tasks requiring agility and precision, such as cutting, welding, painting, and material handling.
Moreover, these devices, often resembling robotic arms, can be articulated or non-articulated. The 6- to 7-axis versions are particularly favored for their versatility, ease of maintenance, and ability to align with multiple planes. This encompasses a wide range of upstream and downstream operations, including automation in plastic injection molding processes.
In essence, KUKA Robotics, Staubli Robotics, Epson Robots, FANUC Corporation, and ABB Ltd are some of the top manufacturers of articulated robots.
Market by Application:
Market by Level of Automation:
Market by End-User:
The maintenance, repair, and overhauls segment is anticipated to be the fastest-growing end-user category over the forecast period.
Maintenance, repair, and overhaul (MRO) encompass a comprehensive set of services aimed at ensuring that aircraft remain operational, safe, and compliant with regulations. This includes routine maintenance, major repairs, complete overhauls, and modifications to aircraft and their components.
Similar to OEMs, MRO facilities are also reaping the benefits of robotic integration. Robots automate time-consuming and potentially hazardous tasks such as inspections, cleaning, and part replacement. This allows human technicians to focus on more complex maintenance activities, leading to improved overall efficiency and safety. Additionally, robots equipped with sensors can conduct non-destructive testing (NDT) with greater accuracy and consistency compared to manual methods.
REGIONAL ANALYSIS
Geographical Study based on Four Major Regions:
In 2023, North America was the largest region in the global aerospace robotics market.
North America's dominance in the global aerospace robotics market stems from a confluence of factors. The region boasts a well-established and prominent aerospace industry with major players like Boeing and Lockheed Martin. This existing infrastructure creates a natural demand for automation solutions like robotics to improve efficiency and production capabilities.
Moreover, innovation receives significant support from government initiatives in North America. For example, programs like the Canadian government's Strategic Aerospace and Defense Initiative (SADI), launched in 2007, provide repayable funding for R&D initiatives in aerospace, space, defense, and security sectors. The US government's National Robotics Initiative (NRI) aims to bolster fundamental robotics research and development. Building upon previous NRI efforts, the NRI-3.0 program is dedicated to integrated robot systems research.
Additionally, North America boasts a well-developed robotics industry featuring leading companies such as Aerobotix, Electroimpact Inc, JR Automation, and Kassow Robots. This established expertise results in a readily available pool of technology and talent for the development and implementation of aerospace robotics systems.
Major players in the global aerospace robotics market:
Key strategies adopted by some of these companies:
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Frequently Asked Questions (FAQs):
A: Major aircraft manufacturers utilizing robotics include Boeing, Airbus, Lockheed Martin, and Northrop Grumman. These companies integrate advanced robotics into their production processes to improve efficiency and uphold rigorous quality standards.
A: Robotics plays a crucial role in aircraft manufacturing by automating repetitive and precise tasks like welding, painting, drilling, and component assembly. These automated systems contribute to higher production rates, enhanced quality control, reduced labor costs, and improved safety and precision standards.
A: Leading aerospace robotics companies in the global aerospace robotics market include ABB Group, KUKA AG, FANUC Corporation, Yaskawa Electric Corporation, and Kawasaki Heavy Industries. These companies provide advanced robotic solutions for various aerospace applications, enhancing productivity and precision in manufacturing and maintenance processes.