Automotive Robotics Market 2022-2028

Description

List of Tables

Title:Global Automotive Robotics Market Size, Share & Trends Analysis Report, By Type (Articulated, SCARA, Cartesian, Collaborative, and Others), By Component (Controller, Robotic Arm, End Effector, Sensors, Drive, and Others), By Application (Assembling & Disassembling, Welding, Painting, Cutting, Material Handling, and Others), Forecast Period (2022-2028).

The global automotive robotics market is anticipated to grow at a substantial CAGR of 11.1 % during the forecast period. The rising inclination towards autonomous vehicles is expected to surge the demand for the automotive robotics market during the forecast period. For instance, in August 2021, MG Motor India revealed its mid-sized SUV, Astor equipped with a personal artificial intelligence assistant and level 2 autonomous driving technology. The company is betting on new auto-tech features and its concept of car-as-a-platform (CAAP) of 'possibilities and services' to differentiate the Astor. Further, the Astor SUV personal AI assistant robot on its dashboard that depicts human-like emotions and voices and can give detailed information on every topic through Wikipedia.

The global automotive robotics market is segmented based on the type, component, and application. Based on the type, the market is segmented into articulated, SCARA, Cartesian, collaborative, and others. Based on the component, the market is segmented into the controller, robotic arm, end effector, sensors, drive, and others. Based on the application, the market is further sub-segmented into assembling & disassembling, welding, painting, cutting, material handling, and others. The SCARA robots are expected to hold a considerable share in the market during the forecast period. The SCARA robot operates at high speed with high accuracy. In terms of repeatability, currently available SCARA robots can achieve tolerances lower than 10 microns, compared to 20 microns for a six-axis robot. By design, the SCARA robot suits applications with a smaller field of operation, and where floor space is limited, the compact layout also makes them more easily re-allocated in temporary or remote applications.

Geographically market is segmented into: North America, Europe, Asia Pacific, and the Rest of the World. The Asia-Pacific region is expected to hold a prominent share in the automotive robotics market during the forecast period. Due to the increasing labor cost and enhanced productivity, the adoption of robots is growing in the region. According to the International Federation of Robotics (IFR), China has become the world's largest market for industrial robotics and the fastest-growing market globally. In addition, the expansion of the automotive industry is expected to further strengthen the demand for automotive robots in China.

The major companies serving the global automotive robotics market include ABB Ltd., FANUC Corp., Kawasaki Heavy Industries Ltd., Yaskawa Electric Corp., and Kuka AG. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in January 2020, Fanuc launched its lightweight collaborative robot for industrial applications, CRX-10iA. The company already has six models of its CR series of collaborative robots. However, this newly-launched industrial robot is of a new category. It is developed by taking the collaboration of manufacturing employees and robots into consideration. Further, the intuitive application is intended to facilitate operation for new users as companies scale up their automation and reduce setup times for experienced employees as well.

Research Methodology

The market study of the global automotive robotics market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Automotive Robotics Market Research and Analysis by Type
Global Automotive Robotics Market Research and Analysis by Component
Global Automotive Robotics Market Research and Analysis by Application

The Report Covers:

Comprehensive research methodology of the global automotive robotics market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global automotive robotics market.
Insights about market determinants that are stimulating the global automotive robotics market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026866

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players

4. Market Segmentation

4.1. Global Automotive Robotics Market by Type
- 4.1.1. Articulated
- 4.1.2. SCARA
- 4.1.3. Cartesian
- 4.1.4. Collaborative
- 4.1.5. Others (Parallel)
4.2. Global Automotive Robotics Market by Component
- 4.2.1. Controller
- 4.2.2. Robotic Arm
- 4.2.3. End Effector
- 4.2.4. Sensors
- 4.2.5. Drive
- 4.2.6. Others
4.3. Global Automotive Robotics Market by Application
- 4.3.1. Assembling & Disassembling
- 4.3.2. Welding
- 4.3.3. Painting
- 4.3.4. Cutting
- 4.3.5. Material Handling
- 4.3.6. Others (Milling)

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. ABB Group
6.2. Acieta LLC
6.3. Aurotek Corp.
6.4. Comau S.p.A
6.5. Denso Corp.
6.6. FANUC Corp.
6.7. Harmonic Drive Systems Inc.
6.8. Honda Motor Co., Ltd.
6.9. Kuka AG
6.10. Kawasaki Heavy Industries Ltd.
6.11. Nachi-Fujikoshi Corp.
6.12. Omron Adept Technology, Inc.
6.13. Rethink Robotics GmbH
6.14. RobCo S.W.A.T Ltd.
6.15. Rockwell Automation Inc.
6.16. Robotic Vision Technologies, Inc.
6.17. Schneider Electric SE
6.18. Seiko Epson Corp.
6.19. Universal Robots A/S
6.20. Yaskawa Electric Corp.