PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1324199
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1324199
Robotics in Shipbuilding Market Forecasts to 2030 - Global Analysis By Type, Lifting Capacity, Application and By Geography
According to Stratistics MRC, the Global Robotics in Shipbuilding Market is accounted for $1.38 billion in 2023 and is expected to reach $1.93 billion by 2030 growing at a CAGR of 6.4% during the forecast period. to carry out the procedure efficiently. Robotics are used in shipbuilding for increasing production, quality, and worker safety, robotics integration has completely reshaped the maritime sector. Robots free up human employees to concentrate more on difficult and skilled activities by automating repetitive and physically taxing chores. It is believed that as this technology continues to progress, the shipbuilding industry will become more efficient and cost-effective.
According to Cruise Industry News' annual report, Northern Europe is the fourth largest cruise market, with traffic up 4.4% year-on-year.
Market Dynamics:
Driver:
Growing demand for efficient and accurate work process
The shipbuilding industry has required expert manpower for tasks like cutting, welding, and painting. Using standard techniques to carry out these tasks is time-consuming. Shipbuilders are using robot technology as a consequence to save time and money. Shipbuilders are seeking to use less human labour while doing tedious and dangerous tasks and recognising the benefits of contemporary robotics. Additionally, effective robot technology is covering the labour need in the shipbuilding industry. Its accuracy, low failure rate, great quality, and consistency are the reasons behind the market's demand.
Restraint:
High initial investment
A robotic system's first installation encompasses several steps, such as purchasing, integrating, adding accessories, and programming. For certain businesses, the initial significant capital investment may be a problem. The price of an industrial robotic system used in shipbuilding might range from USD 50,000 to USD 150,000. Due to low production volumes and sluggish ROI, a number of small and medium-sized shipbuilders struggle to accumulate significant sums of money. As a result, the investment element is impeding market expansion.
Opportunity:
Raising popularity of collaborative robotics
Collaborative robots, or cobots, are quickly replacing standalone robots in the shipbuilding sector. The cobots work alongside people to improve industrial efficiency. Collaborative mobile robots may travel around factories and help the workers. Cobots can also move both tiny and big components to the assembly areas quickly and effectively. A lot of robot manufacturers are concentrating on creating sophisticated collaboration robots. Advanced sensors on these robots include vision systems, proximity sensors, and depth sensors. It offers automated solutions for joining, assembling, and cutting, which are promoting market expansion.
Threat:
Excessive maintenance cost
The deployment of robotics in the maritime industry must include training the workers to use and maintain robotic equipment. For precise outcomes, they must operate with highly competent personnel. Additionally, robots provide a level of quality and accuracy that human labour is difficult to constantly maintain over an extended length of time. The management must spend a lot of money to keep the accuracy level high. Therefore, the high level of operating and maintenance expenses are impeding market expansion.
COVID-19 Impact:
The world economy has been severely damaged by the COVID-19 epidemic. Shipbuilding activities were put on hold as a result of the necessity for shipbuilding firms, shipyards, and other suppliers to modify their working procedures to comply with legal requirements. Due to the drop in passenger flow, cruise ships were docked and anchored. Due of this, some purchases were cancelled and cruise delivery were delayed. Thus, during the pandemic, the need for robots in shipbuilding activities reduced as a result of the decline in industrial operations.
The over 1000 kg segment is expected to be the largest during the forecast period
The over 1000 kg segment is estimated to have a lucrative growth. Robotics with lifting capacities over 1000 kg are used for applications such as material handling, welding, inspection, and others. This capacity robots are popular for cast and forged metal parts, and they eliminate the need for conventional lift and transfer systems used in mechanical tooling. The use of heavy payload robots is anticipated to increase due to the rise in such applications.
The handling segment is expected to have the highest CAGR during the forecast period
The handling segment is anticipated to witness the fastest CAGR growth during the forecast period. Robotics has improved handling procedures by guaranteeing uniformity and excellent quality. Through the use of autonomous mobile robots (AMRs) and robotic arms, which move supplies, tools, and equipment across the shipyard, this technology may also efficiently handle material handling. By automating repetitive jobs, robotics can also assist shipbuilders in streamlining their operations. Automated systems may be integrated into shipbuilding facilities to provide secure material handling procedures, high productivity, and security. The category is expected to rule the market in the upcoming years due to rising safety concerns.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period. China, South Korea, and Japan have the most extensive use of robotics in shipyards. The increasing investment by major companies in the expansion of ship repair facilities and shipbuilding capabilities might be linked to the growth of the regional market. Global leaders in robot density are Korea and Singapore, followed by Germany and Japan. The market expansion in this area is being fueled by the increasing popularity of Sarcos robotics systems.
Region with highest CAGR:
Europe is projected to have the highest CAGR over the forecast period, owing to increased shipbuilding activity and drydock capacity in the region. As a result of a variety of cargo trade routes, Northern Europe has become a formidable rival for container shipping businesses worldwide. In addition to attracting new clients from outside the Baltic Sea, the area is also broadening the range of services it offers to current clients. It is projected that the region would experience significant growth throughout the projection period as a result of these reasons.
Key players in the market:
Some of the key players profiled in the Robotics in Shipbuilding Market include: Yaskawa America, Inc., Universal Robots, ABB, Epson, The Fanuc Corporation, Daewoo Shipbuilding & Marine Engineering, Staubli International AG, Comau, Kawasaki Robotics, Novarc Technologies Inc., Fincantieri , Sarcos Technology And Robotics Corp. and Kuka AG.
Key Developments:
In January 2023, South Korean shipbuilding company Daewoo Shipbuilding & Marine Engineering announced that it developed a collaborative robot (cobot) to improve productivity. Cobots are robots designed for direct human-robot interaction in shared spaces or where humans and robots that work together in close proximity.
In October 2022, Sarcos conducted USN field trials at the Ventura County Naval Station, California, using the Guardian DX remote operator robot, the Sapien 6M dexterous robot, the Sapien Sea Class underwater robot, and the Guardian remote visual inspection robot.
In August 2021, Novarc Technologies Inc. announced that it would be showcasing its new spool welding robot + HyperFill technology at next month's FABTECH event in Chicago. Dual torch systems can increase productivity in heavy-duty manufacturing to 350-500 factor inches (FDI) per shift by increasing weld build rates.
In May 2021, Italian company Fincantieri signed an agreement with Italian robotics company Comau to develop robots and other solutions for shipbuilding and other heavy construction applications. The two companies would work together to develop and test new applications at the Fincantieri shipyard.
Types Covered:
- SCARA Robots
- Articulated Robots
- Cylindrical Robots
- Cartesian Robots
- Other Types
Lifting Capacities Covered:
- Less than 500 kg
- 500 to 1000 kg
- Over 1000 kg
Applications Covered:
- Inspection
- Handling
- Welding
- Assembling
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Robotics in Shipbuilding Market, By Type
- 5.1 Introduction
- 5.2 SCARA Robots
- 5.3 Articulated Robots
- 5.4 Cylindrical Robots
- 5.5 Cartesian Robots
- 5.6 Other Types
6 Global Robotics in Shipbuilding Market, By Lifting Capacity
- 6.1 Introduction
- 6.2 Less than 500 kg
- 6.3 500 to 1000 kg
- 6.4 Over 1000 kg
7 Global Robotics in Shipbuilding Market, By Application
- 7.1 Introduction
- 7.2 Inspection
- 7.3 Handling
- 7.4 Welding
- 7.5 Assembling
- 7.6 Other Applications
8 Global Robotics in Shipbuilding Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Yaskawa America, Inc.
- 10.2 Universal Robots
- 10.3 ABB
- 10.4 Epson
- 10.5 The Fanuc Corporation
- 10.6 Daewoo Shipbuilding & Marine Engineering
- 10.7 Staubli International AG
- 10.8 Comau
- 10.9 Kawasaki Robotics
- 10.10 Novarc Technologies Inc.
- 10.11 Fincantieri
- 10.12 Sarcos Technology And Robotics Corp.
- 10.13 Kuka AG
List of Tables
- Table 1 Global Robotics in Shipbuilding Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Robotics in Shipbuilding Market Outlook, By Type (2021-2030) ($MN)
- Table 3 Global Robotics in Shipbuilding Market Outlook, By SCARA Robots (2021-2030) ($MN)
- Table 4 Global Robotics in Shipbuilding Market Outlook, By Articulated Robots (2021-2030) ($MN)
- Table 5 Global Robotics in Shipbuilding Market Outlook, By Cylindrical Robots (2021-2030) ($MN)
- Table 6 Global Robotics in Shipbuilding Market Outlook, By Cartesian Robots (2021-2030) ($MN)
- Table 7 Global Robotics in Shipbuilding Market Outlook, By Other Types (2021-2030) ($MN)
- Table 8 Global Robotics in Shipbuilding Market Outlook, By Lifting Capacity (2021-2030) ($MN)
- Table 9 Global Robotics in Shipbuilding Market Outlook, By Less than 500 kg (2021-2030) ($MN)
- Table 10 Global Robotics in Shipbuilding Market Outlook, By 500 to 1000 kg (2021-2030) ($MN)
- Table 11 Global Robotics in Shipbuilding Market Outlook, By Over 1000 kg (2021-2030) ($MN)
- Table 12 Global Robotics in Shipbuilding Market Outlook, By Application (2021-2030) ($MN)
- Table 13 Global Robotics in Shipbuilding Market Outlook, By Inspection (2021-2030) ($MN)
- Table 14 Global Robotics in Shipbuilding Market Outlook, By Handling (2021-2030) ($MN)
- Table 15 Global Robotics in Shipbuilding Market Outlook, By Welding (2021-2030) ($MN)
- Table 16 Global Robotics in Shipbuilding Market Outlook, By Assembling (2021-2030) ($MN)
- Table 17 Global Robotics in Shipbuilding Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 18 North America Robotics in Shipbuilding Market Outlook, By Country (2021-2030) ($MN)
- Table 19 North America Robotics in Shipbuilding Market Outlook, By Type (2021-2030) ($MN)
- Table 20 North America Robotics in Shipbuilding Market Outlook, By SCARA Robots (2021-2030) ($MN)
- Table 21 North America Robotics in Shipbuilding Market Outlook, By Articulated Robots (2021-2030) ($MN)
- Table 22 North America Robotics in Shipbuilding Market Outlook, By Cylindrical Robots (2021-2030) ($MN)
- Table 23 North America Robotics in Shipbuilding Market Outlook, By Cartesian Robots (2021-2030) ($MN)
- Table 24 North America Robotics in Shipbuilding Market Outlook, By Other Types (2021-2030) ($MN)
- Table 25 North America Robotics in Shipbuilding Market Outlook, By Lifting Capacity (2021-2030) ($MN)
- Table 26 North America Robotics in Shipbuilding Market Outlook, By Less than 500 kg (2021-2030) ($MN)
- Table 27 North America Robotics in Shipbuilding Market Outlook, By 500 to 1000 kg (2021-2030) ($MN)
- Table 28 North America Robotics in Shipbuilding Market Outlook, By Over 1000 kg (2021-2030) ($MN)
- Table 29 North America Robotics in Shipbuilding Market Outlook, By Application (2021-2030) ($MN)
- Table 30 North America Robotics in Shipbuilding Market Outlook, By Inspection (2021-2030) ($MN)
- Table 31 North America Robotics in Shipbuilding Market Outlook, By Handling (2021-2030) ($MN)
- Table 32 North America Robotics in Shipbuilding Market Outlook, By Welding (2021-2030) ($MN)
- Table 33 North America Robotics in Shipbuilding Market Outlook, By Assembling (2021-2030) ($MN)
- Table 34 North America Robotics in Shipbuilding Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 35 Europe Robotics in Shipbuilding Market Outlook, By Country (2021-2030) ($MN)
- Table 36 Europe Robotics in Shipbuilding Market Outlook, By Type (2021-2030) ($MN)
- Table 37 Europe Robotics in Shipbuilding Market Outlook, By SCARA Robots (2021-2030) ($MN)
- Table 38 Europe Robotics in Shipbuilding Market Outlook, By Articulated Robots (2021-2030) ($MN)
- Table 39 Europe Robotics in Shipbuilding Market Outlook, By Cylindrical Robots (2021-2030) ($MN)
- Table 40 Europe Robotics in Shipbuilding Market Outlook, By Cartesian Robots (2021-2030) ($MN)
- Table 41 Europe Robotics in Shipbuilding Market Outlook, By Other Types (2021-2030) ($MN)
- Table 42 Europe Robotics in Shipbuilding Market Outlook, By Lifting Capacity (2021-2030) ($MN)
- Table 43 Europe Robotics in Shipbuilding Market Outlook, By Less than 500 kg (2021-2030) ($MN)
- Table 44 Europe Robotics in Shipbuilding Market Outlook, By 500 to 1000 kg (2021-2030) ($MN)
- Table 45 Europe Robotics in Shipbuilding Market Outlook, By Over 1000 kg (2021-2030) ($MN)
- Table 46 Europe Robotics in Shipbuilding Market Outlook, By Application (2021-2030) ($MN)
- Table 47 Europe Robotics in Shipbuilding Market Outlook, By Inspection (2021-2030) ($MN)
- Table 48 Europe Robotics in Shipbuilding Market Outlook, By Handling (2021-2030) ($MN)
- Table 49 Europe Robotics in Shipbuilding Market Outlook, By Welding (2021-2030) ($MN)
- Table 50 Europe Robotics in Shipbuilding Market Outlook, By Assembling (2021-2030) ($MN)
- Table 51 Europe Robotics in Shipbuilding Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 52 Asia Pacific Robotics in Shipbuilding Market Outlook, By Country (2021-2030) ($MN)
- Table 53 Asia Pacific Robotics in Shipbuilding Market Outlook, By Type (2021-2030) ($MN)
- Table 54 Asia Pacific Robotics in Shipbuilding Market Outlook, By SCARA Robots (2021-2030) ($MN)
- Table 55 Asia Pacific Robotics in Shipbuilding Market Outlook, By Articulated Robots (2021-2030) ($MN)
- Table 56 Asia Pacific Robotics in Shipbuilding Market Outlook, By Cylindrical Robots (2021-2030) ($MN)
- Table 57 Asia Pacific Robotics in Shipbuilding Market Outlook, By Cartesian Robots (2021-2030) ($MN)
- Table 58 Asia Pacific Robotics in Shipbuilding Market Outlook, By Other Types (2021-2030) ($MN)
- Table 59 Asia Pacific Robotics in Shipbuilding Market Outlook, By Lifting Capacity (2021-2030) ($MN)
- Table 60 Asia Pacific Robotics in Shipbuilding Market Outlook, By Less than 500 kg (2021-2030) ($MN)
- Table 61 Asia Pacific Robotics in Shipbuilding Market Outlook, By 500 to 1000 kg (2021-2030) ($MN)
- Table 62 Asia Pacific Robotics in Shipbuilding Market Outlook, By Over 1000 kg (2021-2030) ($MN)
- Table 63 Asia Pacific Robotics in Shipbuilding Market Outlook, By Application (2021-2030) ($MN)
- Table 64 Asia Pacific Robotics in Shipbuilding Market Outlook, By Inspection (2021-2030) ($MN)
- Table 65 Asia Pacific Robotics in Shipbuilding Market Outlook, By Handling (2021-2030) ($MN)
- Table 66 Asia Pacific Robotics in Shipbuilding Market Outlook, By Welding (2021-2030) ($MN)
- Table 67 Asia Pacific Robotics in Shipbuilding Market Outlook, By Assembling (2021-2030) ($MN)
- Table 68 Asia Pacific Robotics in Shipbuilding Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 69 South America Robotics in Shipbuilding Market Outlook, By Country (2021-2030) ($MN)
- Table 70 South America Robotics in Shipbuilding Market Outlook, By Type (2021-2030) ($MN)
- Table 71 South America Robotics in Shipbuilding Market Outlook, By SCARA Robots (2021-2030) ($MN)
- Table 72 South America Robotics in Shipbuilding Market Outlook, By Articulated Robots (2021-2030) ($MN)
- Table 73 South America Robotics in Shipbuilding Market Outlook, By Cylindrical Robots (2021-2030) ($MN)
- Table 74 South America Robotics in Shipbuilding Market Outlook, By Cartesian Robots (2021-2030) ($MN)
- Table 75 South America Robotics in Shipbuilding Market Outlook, By Other Types (2021-2030) ($MN)
- Table 76 South America Robotics in Shipbuilding Market Outlook, By Lifting Capacity (2021-2030) ($MN)
- Table 77 South America Robotics in Shipbuilding Market Outlook, By Less than 500 kg (2021-2030) ($MN)
- Table 78 South America Robotics in Shipbuilding Market Outlook, By 500 to 1000 kg (2021-2030) ($MN)
- Table 79 South America Robotics in Shipbuilding Market Outlook, By Over 1000 kg (2021-2030) ($MN)
- Table 80 South America Robotics in Shipbuilding Market Outlook, By Application (2021-2030) ($MN)
- Table 81 South America Robotics in Shipbuilding Market Outlook, By Inspection (2021-2030) ($MN)
- Table 82 South America Robotics in Shipbuilding Market Outlook, By Handling (2021-2030) ($MN)
- Table 83 South America Robotics in Shipbuilding Market Outlook, By Welding (2021-2030) ($MN)
- Table 84 South America Robotics in Shipbuilding Market Outlook, By Assembling (2021-2030) ($MN)
- Table 85 South America Robotics in Shipbuilding Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 86 Middle East & Africa Robotics in Shipbuilding Market Outlook, By Country (2021-2030) ($MN)
- Table 87 Middle East & Africa Robotics in Shipbuilding Market Outlook, By Type (2021-2030) ($MN)
- Table 88 Middle East & Africa Robotics in Shipbuilding Market Outlook, By SCARA Robots (2021-2030) ($MN)
- Table 89 Middle East & Africa Robotics in Shipbuilding Market Outlook, By Articulated Robots (2021-2030) ($MN)
- Table 90 Middle East & Africa Robotics in Shipbuilding Market Outlook, By Cylindrical Robots (2021-2030) ($MN)
- Table 91 Middle East & Africa Robotics in Shipbuilding Market Outlook, By Cartesian Robots (2021-2030) ($MN)
- Table 92 Middle East & Africa Robotics in Shipbuilding Market Outlook, By Other Types (2021-2030) ($MN)
- Table 93 Middle East & Africa Robotics in Shipbuilding Market Outlook, By Lifting Capacity (2021-2030) ($MN)
- Table 94 Middle East & Africa Robotics in Shipbuilding Market Outlook, By Less than 500 kg (2021-2030) ($MN)
- Table 95 Middle East & Africa Robotics in Shipbuilding Market Outlook, By 500 to 1000 kg (2021-2030) ($MN)
- Table 96 Middle East & Africa Robotics in Shipbuilding Market Outlook, By Over 1000 kg (2021-2030) ($MN)
- Table 97 Middle East & Africa Robotics in Shipbuilding Market Outlook, By Application (2021-2030) ($MN)
- Table 98 Middle East & Africa Robotics in Shipbuilding Market Outlook, By Inspection (2021-2030) ($MN)
- Table 99 Middle East & Africa Robotics in Shipbuilding Market Outlook, By Handling (2021-2030) ($MN)
- Table 100 Middle East & Africa Robotics in Shipbuilding Market Outlook, By Welding (2021-2030) ($MN)
- Table 101 Middle East & Africa Robotics in Shipbuilding Market Outlook, By Assembling (2021-2030) ($MN)
- Table 102 Middle East & Africa Robotics in Shipbuilding Market Outlook, By Other Applications (2021-2030) ($MN)
