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Pulished Date April, 2021
ID: 9788
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The Global Automotive Robotic Market is segmented by product (Articulated, SCARA, Parallel, Cylindrical, Cartesian), by application (Welding, Handing Operations, Assembly, Paints and Coatings), by components (Hardware [Arms, Controllers, End Effectors, Drive and Sensor], Software and Service), and region, Industry Forecast | 2021 to 2026

Pulished: April, 2021
ID: 9788
Pages: 175

Market overview:

The global automotive robotics market was valued at USD 4 billion in 2021 and is estimated to reach USD 13.03 billion till 2026 at a compound annual growth rate of 10.87 during the forecast period of 2021-2026.

Robotics is the division of science and engineering that include mechanical, computer science, electrical and engineering streams. Robotics can complete construction, operation, designing, and utilization of robot. This technology can create machines that can take place of people.

Automotive robots are made up for supporting the manufacture of automobiles in the automotive industry. Automotive industry is largest industry in globally. 126000 units are installed in globally, 95% of top automotive companies with revenue grater than 11 billion dollars it is expected that there will high growth in robotics and automation during the forecast period. Moreover, 80% of automotive industry lack of faster change to rise revenue, safety and profit. This is an opportunity for robot manufactures.

Nowadays, the automotive industry uses industrial robotics in the production process. Articulated robots accounted for the significant portion of automotive industry and by function, welding has extensive use of robots in automotive industry. Robotics system use in the automotive industry are efficient, safe and cost effective and they are capable of discharge their job faster than their human work.

Recent Developments:

ABB is leading supplier of robotics and robotic supplier has announced to acquired SVIA, provider in the market of robot automation cell for machine tending. This acquisition will increase ABBs portfolio such as automotive, electronics, and smart phone manufacturing.

KUKA robotic has launched 3D model printing robotic technology at FABTECH. It is powerful combination for design lightweight and inexpensive component.

Market Drivers:

Automotive robots have several applications such as commercial and household. Commercial robots are being used in various industries including medical, agriculture, military and automotive. Articulated robots took prime share in automotive robotic products. 

Producers are acquiring this technology for many reasons such as quality, safety, and producing capacity. Automotive robotics helps in reducing the waste caused by human errors. Auto producers take efforts to maintain consistent time and control process of every stage of assembly line.

Vehicle producing processes consist of various dangerous tasks that lead to musculoskeletal disorders due to lifting, repetitive movements, twisting. This prevents human risks by keeping away from welding and paints which will increases the growth of the automotive robotics market.

  • Increasing per capita is raising the demand for automobiles all over the world, and today, automotive industry is one of the demanding industries in worldwide. Hence growth of automobile sector is directly driving the automotive robotics market.
  • Technological innovation increases the growth of the market: Autonomous Intelligent Vehicles or mobile robot for material and goods transport is the new trend which autonomous industry found. It is also main factor for end-to-end traceability automation salutation. Another recent trend is collaborative robots, this robot is working with humans in assembly line. This robot has two arms like a human and such robot are as a portable robot.
  • Wage inflation is another factor that drive the global automotive robotic industry.
  • Enhancing cost competitiveness is drive the growth of the market.

Restrains:

  • High installation cost will restrain the growth of the automotive robotics market.
  • Automation pushes unemployment that will hamper the growth of the market.

Market segmentation:

The global automotive robotic market is segmented by product, by application, by components, and region.

By products, the global automotive robotics market is divided into Articulated, SCARA, parallel, cylindrical, cartesian. Articulated robots are showing dominance in this segment due to increasing usages of material handlings, material removal, welding, and dispensing. It is expected to take 35% automotive robotic market revenue by 2024. Articulated robots are increasing productivity with high accuracy in the companies. Micro-manufacturing is a key factor that contributes to the parallel robot segment demand.

By component, the global automotive robotic market is divided into hardware (arms, controllers, end effectors, drive and sensor) software and service. Software and services will dominate this segment by taking 27% market share by 2024, due to cloud-based platform, which will increases the growth of the market.

New technology in hardware components, such as drives, arms, controllers, end effectors is driving the growth of this segments. This segment generated 3 billion dollars in 2018.

By application, the global automotive robotic market is divided into welding, handing operations, assembly, paints and dispense. Handling operation dominated this segment over taking 5.5% market share by 2024, due to increasing installation in vehicles producing plants. This product is required for lift heavy material in bulk quantities and transfer assembled vehicles from assembly vehicle from one to another.

Regional analysis:

By region, the global automotive robotic market is spread across North and Latin America, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan, and the Middle East & Africa and Western Europe.

Asia Pacific automotive robotics market leads revenue share globally. It was worth USD 2509.8 million in 2017 because of increasing labour cost and aging population in china. China automotive robotic market has increased in past five years due to Automobile 4.0, covering packaging machinery, welding, covering hydronic, IPS drives and fluid power. Korea and Japan are leading countries for using automotive robotics.

North America is estimated to grow at a compound annual grow rate of 13.7% during the forecast period, and revenue was USD 1 billion in 2017. This region show fastest growth due to robotization, automation, and modernization.

The Europe automotive robotic market is led by Italy and Germany. It is estimated to grow at a compound annual growth rate of 3.5% from 2018 to 2025. Due high presence of strong automobile industry in this region. in this region most of the countries suffering from economic recession such as Austria, Netherlands, Spain, and Finland, retrieval of this it will increases demand for market growth.

Leading company:

Yaskawa is considered to be the leading company in global automotive robotics business.

Key Players:

Key players in automotive robotic market are KUKA, ABB, FANUC, Rockwell, Kawasaki Heavy Industries, Yaskawa, Comau, Denso Wave, Omron Corporation, and Universal Robots.

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 Robotic Market, By Product               

                 6.1.1 Articulated      

                 6.1.2 SCARA    

                 6.1.3 Parallel   

                 6.1.4 Cylindrical       

                 6.1.5 Cartesian

                 6.1.6 Market Size Estimations & Forecasts (2019-2024)      

                 6.1.7 Y-o-Y Growth Rate Analysis    

                 6.1.8 Market Attractiveness Index    

         6.2 Automotive Robotic Market, By Application         

                 6.2.1 Welding  

                 6.2.2 Handing Operations

                 6.2.3 Assembly

                 6.2.4 Paints and Coatings

                 6.2.5 Market Size Estimations & Forecasts (2019-2024)      

                 6.2.6 Y-o-Y Growth Rate Analysis    

                 6.2.7 Market Attractiveness Index    

         6.3 Automotive Robotic Market, By Component         

                 6.3.1 Hardware

                          6.3.1.1 Arms

                          6.3.1.2 Controllers

                          6.3.1.3 End Effectors

                          6.3.1.4 Drive and Sensor

                 6.3.2 Software and Service        

                 6.3.3 Market Size Estimations & Forecasts (2019-2024)      

                 6.3.4 Y-o-Y Growth Rate Analysis    

                 6.3.5 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 

                 7.2.4 By Component

         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 

                 7.3.4 By Component

         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 

                 7.4.4 By Component

         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 

                 7.5.4 By Component

         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 

                 7.6.4 By Component

8. Key Player Analysis                        

         8.1 Yaskawa             

                 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 KUKA          

         8.3 ABB            

         8.4 Rockwell             

         8.5 Kawasaki Heavy Industries          

         8.6 FANUC                

         8.7 Comau                

         8.8 Denso Wave                

         8.9 Omron Corp                

         8.10 Universal Robots               

9. Market Outlook & Investment Opportunities                  

Appendix                  

         List of Tables           

         List of Figures           

  • Global 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
  • Segment-level analysis in terms By Cutting Systems 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 demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment 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 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 Robotic Market By Region, From 2021-2026 ( USD Billion )
  2. Global Automotive Robotic Market By Product, From 2021-2026 ( USD Billion )
  3. Global Articulated Market By Region, From 2021-2026 ( USD Billion )
  4. Global SCARA Market By Region, From 2021-2026 ( USD Billion )
  5. Global Parallel Market By Region, From 2021-2026 ( USD Billion )
  6. Global Cylindrical Market By Region, From 2021-2026 ( USD Billion )
  7. Global Cartesian Market By Region, From 2021-2026 ( USD Billion )
  8. Global Automotive Robotic Market By Application, From 2021-2026 ( USD Billion )
  9. Global Welding Market By Region, From 2021-2026 ( USD Billion )
  10. Global Handing Operations Market By Region, From 2021-2026 ( USD Billion )
  11. Global Assembly Market By Region, From 2021-2026 ( USD Billion )
  12. Global Paints and Coatings Market By Region, From 2021-2026 ( USD Billion )
  13. Global Automotive Robotic Market By Component, From 2021-2026 ( USD Billion )
  14. Global Hardware Market By Region, From 2021-2026 ( USD Billion )
  15. Global Arms Market By Region, From 2021-2026 ( USD Billion )
  16. Global Controllers Market By Region, From 2021-2026 ( USD Billion )
  17. Global End Effectors Market By Region, From 2021-2026 ( USD Billion )
  18. Global Drive and Sensor Market By Region, From 2021-2026 ( USD Billion )
  19. Global Software and Service Market By Region, From 2021-2026 ( USD Billion )

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