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Pulished Date February, 2021
ID: 11083
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Automotive Robotics Market Segmentation By Product (Articulated, Cartesian, Cylindrical, Polar/ Spherical, SCARA) By Application (Assembly, Dispensing, Material Handling, Welding, others) - Industry Analysis, Share, Growth, and Forecast 2021-2026.

Pulished: February, 2021
ID: 11083
Pages: 175

Battery Sensor Market Size, Trends & Growth (2021 - 2026)

Robotics is the interdisciplinary division of science and engineering that contains mechanical, electrical, computer and other technical components. They achieve the design, construction, operation and use of the robot. Also, these technological advances are used to create machines that can replace people. These robots are used in various applications that are broadly segmented as commercial and household robots; The trading robot sticks to robots used in various industries, including automotive, medical, agricultural, military, and more. Robotics is used primarily and widely in the automotive industry.

The global automotive robotics market is foreseen to post a CAGR of around 10.87% during the forecast period (2021-2026).

Among all types, articulated robots have the largest share in the global automotive robotics market, while the robotic controller component is emerging as a promising component that will activate the automotive robotics market in the near future. The automobile industry is very dynamic and requires extreme flexibility on the part of automobile manufacturers. Therefore, manufacturers are increasingly expanding their core competencies by incorporating intelligent product systems and flexible logistics systems. The automotive industry has used industrial robotics in its production process for many years.

Recent Developments:

  • Global robot and industrial automation suppliers ABB and Kawasaki Heavy Industries have announced that they will join forces to share knowledge and promote the benefits of collaborative robots, especially double-arm robots.
  • US innovation organization NVIDIA and advanced mechanics organization FANUC Corporation declared a cooperation to actualize artificial intelligence (AI) in the FANUC Intelligent Edge Link and Drive (FIELD) framework to expand efficiency and advanced mechanics to carry new abilities to computerized industrial facilities around the globe.
  • ABB has expanded its range of IRB 760 material handling robots with a new press service model, the IRB 760PT, which it claims offers “fast and flexible performance for automotive press automation”.
  • ABB Robotics' new solution delivery facility will enable Indian customers to take advantage of the benefits of Industry 4.0, including advanced robotics and digitization technologies, helping India become a high-tech manufacturing economy high resilience in the world.

IMPACT OF COVID-19 ON AUTOMOTIVE ROBOTICS MARKET:

Articulated robots are used in a greater number of industries compared to other types of industrial robots. The automotive industry accounts for the majority of articulated robots because their production processes are highly automated. Although most industries are affected by the COVID-19 pandemic, articulated robots are still expected to retain the largest share of the automotive robotics market during the forecast period. Other robots, such as SCARA and parallel robots, are more specialized and less versatile in terms of payload and range than articulated robots. Therefore, articulated robots will continue to retain the majority of the industry during the outlook period. The automotive industry is one of the largest users of industrial robots; however, the market is expected to be severely affected due to the coronavirus pandemic. The pandemic has hampered production and drastically reduced consumer demand. For this reason, automakers are expected to reduce their investment in automation, which will affect the market for industrial robots. Since other industries are also affected due to the pandemic, the use of robotics in the automotive industry is still expected to have the largest share despite a decline in 2020, supporting business growth.

Drivers and Restraints of Automotive Robotics Market:

Drivers:

The worldwide market for automotive robotics is as yet in its development stage. The developing need to expand efficiency and improve the workplace by decreasing mechanical mishaps and improving worker wellbeing is driving the automotive robotics market all around the world. The market is supposed to show promising development in the coming years, primarily because of expanding research and mechanical turn of events and weight for a reasonable creation measure along with the need to decrease working expenses in a manufacturing plant of vehicle. Furthermore, increased investments in automated production facilities and high investments in emerging markets are determined to have a positive impact on global market growth. In addition, factors such as mitigating the time it takes to get the product to market, a lack of skilled labor accompanied by innovation in developed auto manufacturing countries are estimated to support market growth from 2020 to 2025.

Restraints:

The high cost of installation will hamper the overall market revenue. The uncertainty of the data stored in the product will restrict the industry as the information contained in the databases may lead to illegal access or misuse. Furthermore, the rise in unemployment due to automation will act as a brake on the size of the industry.

Market Segmentation:

By Application:

  • Assembly
  • Dispensing
  • Material Handling
  • Welding
  • Others

The Material Handling Applications segment is expected to show significant growth of more than 5.5% through 2024, driven by its growing installation in vehicle manufacturing plants. Advances in gripper software, vision and technology will facilitate handling operations. The item needs to lift weighty mass materials and move incompletely collected vehicles starting with one mechanical production system then onto the next for additional preparing.

By Product:

  • Articulated
  • Cartesian
  • Cylindrical
  • Polar/Spherical
  • SCARA

Articulated robots will account for more than 35% of automotive robotics market revenue by 2025, due to their increasing use in material handling, welding, removal, and distribution. They typically have four to six axes, but with advanced technology and development, they can have up to ten axes, making them more versatile. This improves business productivity with greater precision and speed. These products come down in price due to their longer shelf life. A high adoption rate for SCARA robots is foreseen due to high-speed handling and assembly operations. Increased production and reduced bottlenecks will lead to acceptance of SCARA robots.

Automotive Robotics Market Region wise analysis:

Marked Segmentation based on the region:

  1. North America
    1. U.S
    2. Canada
  2. Europe
    1. Norway
    2. Germany
    3. Sweden
  3. Asia Pacific
    1. China
    2. India
    3. Japan
  4. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  5. Middle East and Africa

a. Middle East

b. Africa

Americans predominantly buy cars, which increases production in the automotive sector in countries such as Canada and the United States, as well as in North America, which is one of the axes of automakers, making North America a leader of automotive robotics market. The APAC region is the fastest developing region in the world, with countries such as India, China, Taiwan, and South Korea becoming leaders in this area. Major suppliers, such as ABB and KUKA, make the region the base of their operations. Additionally, government regulations and funds have allowed projects to improve infrastructure. These angles have made APAC the favored car fabricating focus, which will drive the car robotics market.

Key Players of Market:

Key players of the market are:

  1. ABB
  2. FANUC
  3. Kawasaki
  4. Yaskawa Electric
  5. Nachi-Fujikoshi Corp.

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Automotive Robotics Market , By Product             

                    6.1.1 Articulated     

                    6.1.2 Cartesian       

                    6.1.3 Cylindrical      

                    6.1.4 Polar/Spherical         

                    6.1.5 SCARA 

                    6.1.6 Market Size Estimations & Forecasts (2021-2026)        

                    6.1.7 Y-o-Y Growth Rate Analysis         

                    6.1.8 Market Attractiveness Index         

          6.2 Automotive Robotics Market , By Application                  

                    6.2.1 Assembly       

                    6.2.2 Dispensing    

                    6.2.3 Material Handling     

                    6.2.4 Welding         

                    6.2.5 Market Size Estimations & Forecasts (2021-2026)        

                    6.2.6 Y-o-Y Growth Rate Analysis         

                    6.2.7 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2018 - 2024)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Product     

                    7.2.3 By Application

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Product     

                    7.3.3 By Application

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Product     

                    7.4.3 By Application

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Product     

                    7.5.3 By Application

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Product     

                    7.6.3 By Application

8. Key Player Analysis                           

          8.1 ABB                  

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 FANUC             

          8.3 Kawasaki          

          8.4 Yaskawa Electric                   

          8.5 Nachi-Fujikoshi Corp.           

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by type, by application, by end-user, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Automotive Robotics  Market By Region, From 2021-2026 ( USD Billion )
  2. Global Automotive Robotics  Market By Product, From 2021-2026 ( USD Billion )
  3. Global Articulated Market By Region, From 2021-2026 ( USD Billion )
  4. Global Cartesian Market By Region, From 2021-2026 ( USD Billion )
  5. Global Cylindrical Market By Region, From 2021-2026 ( USD Billion )
  6. Global Polar/Spherical Market By Region, From 2021-2026 ( USD Billion )
  7. Global SCARA Market By Region, From 2021-2026 ( USD Billion )
  8. Global Automotive Robotics  Market By Application, From 2021-2026 ( USD Billion )
  9. Global Assembly Market By Region, From 2021-2026 ( USD Billion )
  10. Global Dispensing Market By Region, From 2021-2026 ( USD Billion )
  11. Global Material Handling Market By Region, From 2021-2026 ( USD Billion )
  12. Global Welding Market By Region, From 2021-2026 ( USD Billion )

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