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Automotive Robotics Market, Global Forecast, Impact of Coronavirus, Industry Trends, by Components, Growth, Opportunity Company Analysis

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    Report

  • 140 Pages
  • August 2021
  • Region: Global
  • Renub Research
  • ID: 5411845
Robots are now easier to programme and deploy than they have ever been before. Every project comes with an unprecedented challenge. Globally, Car assembly operations and part manufacturers are some of the most significant robotics users in automotive manufacturing. Robots have played a pivotal role in the automotive industry for decades. Robots working alongside humans perform tasks ranging from wielding and inserting parts on an assembly line. According to the publisher, the Global Automotive Robotics Market will be US$ 14.1 Billion in opportunities by 2027.



Besides, Car manufacturing robots give automotive key players a competitive advantage. They not only improve quality and reduce warranty costs at the same time also protect workers from dangerous jobs. Around the globe, Car assembly line uses robots for welding and painting purpose. However, there is much other use of robots throughout the supply chain process. The most prominent factors that boosted this market's overall growth are rising vehicle production, enhancing cost competitiveness, and wage inflation. However, perception automation pushes unemployment and high penetration in the automotive industry may hamper the market growth.

Automobile manufacturers incorporate robotics into their manufacturing processes because robots provide many benefits on the production line, including enhanced precision, efficiency, flexibility, and reliability. As a outcome of this extensive selection of automotive robotics, the automobile industry has turned to the world's most automated industry and one of the most significant consumers of industrial robots.

Automotive manufacturing robots provide a competitive advantage to automotive firms by improving quality, increasing capacity, lowering warranty costs, and protecting workers from challenging and dangerous duties. Automotive robotics is commonly used in automobile assembly factories for applications such as spot welding, painting, and other tasks; nevertheless, there are several other possibilities.

The automobile industry is focusing its efforts on maximising the benefits of Industry 4.0, in which connected machines communicate with one another and human administrators to ensure efficient and seamless operations. As a result, robotization in the mechanisation industry is propelling the Automotive Robotics Market forward. Industry 4.0 can be defined as a new stage in the evolution of manufacturing. According to the publisher findings, the Global Automotive Robotics Market Size will grow with a healthy CAGR of 11.70% during 2020-2027.

The growth of AI integrated robotics and other data-driven operations will lend to the adoption of automotive robotics worldwide. The American bar association section of Science & technology law hosted a series of presentations on the legal implications of advanced robotics in the car building process industry in 2020. There on, Robotics safety standards are continuously developing for the more complex and specialized environment. The Automotive Robotics Industry was valued at US$ 6.5 Billion in 2020.

COVID-19 Impact on Automotive Robotics Industry

Across the globe, COVID-19 pandemic has severely affected the robotics automation industry because the automotive industry uses most of the automotive robotics. COVID-19 pandemic has hindered the production line because of reduced consumers demand globally. Worldwide, companies have reduced their investment in automation that has impacted much on this industry. As per our analysis, this industry will recover post-COVID, and this market will flourish during the forecast period.

This report titled “Automotive Robotics Market, Global Forecast by Components (Sensors, Controller, End Effectors, Robotic Arm, Drive, Others), Types (Articulated, Cartesian, Scara, Cylindrical, Others), Application (Welding, Material Handling, Painting, Cutting, Others), Region (North America, Europe, Asia Pacific Middle East & Africa, Latin America), Company (ABB, FANUC CORPORATION, Rockwell Automation, Inc., Seiko Epson Corporation, YASKAWA ELECTRIC CORPORATION); provides complete insights on Global Automotive Robotics Industry.

Component - Market breakup from 6 viewpoints

1. Sensors
2. Controller
3. End Effector
4. Robotic Arm
5. Drive
6. Others

Types-Market breakup from 5 viewpoints

1. Articulated
2. Cartesian
3. Scara
4. Cylindrical
5. Others

Application-Market breakup from 5 viewpoints

1. Welding
2. Material Handling
3. Painting
4. Cutting
5. Others

Region -Market breakup from 5 viewpoints

1. North America
2. Europe
3. Asia Pacific
4. Middle East & Africa
5. Latin America

Company Insights

  • Overviews
  • Recent developments
  • Revenues

Company Analysis

1. ABB
2. FANUC CORPORATION
3. Rockwell Automation, Inc.
4. Seiko Epson Corporation
5. Yaskawa Electric Corporation
Frequently Asked Questions about the Global Automotive Robotics Market

What is the estimated value of the Global Automotive Robotics Market?

The Global Automotive Robotics Market was estimated to be valued at $6.5 Billion in 2020.

What is the growth rate of the Global Automotive Robotics Market?

The growth rate of the Global Automotive Robotics Market is 11.7%, with an estimated value of $14.1 Billion by 2027.

What is the forecasted size of the Global Automotive Robotics Market?

The Global Automotive Robotics Market is estimated to be worth $14.1 Billion by 2027.

Who are the key companies in the Global Automotive Robotics Market?

Key companies in the Global Automotive Robotics Market include ABB, FANUC CORPORATION, Rockwell Automation, Inc., Seiko Epson Corporation and Yaskawa Electric Corporation.

Table of Contents

1. Introduction2. Research Methodology3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Automotive Robotics Market
6. Market Share Analysis
6.1 By Types
6.2 By Components
6.3 By Application
6.4 By Regions
7. Component - Automotives Robotics Market
7.1 Sensors
7.2 Controller
7.3 End Effector
7.4 Robotic Arm
7.5 Drive
7.6 Others
8. Types - Automotives Robotics Market
8.1 Articulated
8.2 Cartesian
8.3 Scara
8.4 Cylindrical
8.5 Others
9. Application- Automotive Robotics Market
9.1 Welding
9.2 Material Handling
9.3 Painting
9.4 Cutting
9.5 Others
10. Region - Automotives Robotics Market
10.1 North America
10.2 Europe
10.3 Asia Pacific
10.4 Middle East Africa
10.5 Latin America
11. Company Analysis
11.1 ABB
11.1.1 Overviews
11.1.2 Recent Developments
11.1.3 Revenues
11.2 Fanuc Corporation
11.2.1 Overviews
11.2.2 Recent Developments
11.2.3 Revenues
11.3 Rockwell Automation, Inc.
11.3.1 Overviews
11.3.2 Recent Developments
11.3.3 Revenues
11.4 Seiko Epson Corporation
11.4.1 Overviews
11.4.2 Recent Developments
11.4.3 Revenues
11.5 Yaskawa Electric Corporation
11.5.1 Overviews
11.5.2 Recent Developments
11.5.3 Revenues
List of Figure:
Figure-01: Global - Automotives Robotics Market (Million US$), 2016 - 2020
Figure-02: Forecast for - Global Automotives Robotics Market (Million US$), 2021 - 2027
Figure-03: Component - Sensors Market (Million US$), 2016 - 2020
Figure-04: Component - Forecast for Sensors Market (Million US$), 2021 - 2027
Figure-05: Component - Controller Market (Million US$), 2016 - 2020
Figure-06: Component - Forecast for Controller Market (Million US$), 2021 - 2027
Figure-07: Component - End Effector Market (Million US$), 2016 - 2020
Figure-08: Component - Forecast for End Effector Market (Million US$), 2021 - 2027
Figure-09: Component - Robotic Arm Market (Million US$), 2016 - 2020
Figure-10: Component - Forecast for Robotic Arm Market (Million US$), 2021 - 2027
Figure-11: Component - Drive Market (Million US$), 2016 - 2020
Figure-12: Component - Forecast for Drive Market (Million US$), 2021 - 2027
Figure-13: Component - Others Market (Million US$), 2016 - 2020
Figure-14: Component - Forecast for Others Market (Million US$), 2021 - 2027
Figure-15: Type - Articulated Market (Million US$), 2016 - 2020
Figure-16: Type - Forecast for Articulated Market (Million US$), 2021 - 2027
Figure-17: Type - Cartesian Market (Million US$), 2016 - 2020
Figure-18: Type - Forecast for Cartesian Market (Million US$), 2021 - 2027
Figure-19: Type - Scara Market (Million US$), 2016 - 2020
Figure-20: Type - Forecast for Scara Market (Million US$), 2021 - 2027
Figure-21: Type - Cylindrical Market (Million US$), 2016 - 2020
Figure-22: Type - Forecast for Cylindrical Market (Million US$), 2021 - 2027
Figure-23: Type - Others Market (Million US$), 2016 - 2020
Figure-24: Type - Forecast for Others Market (Million US$), 2021 - 2027
Figure-25: Application - Welding Market (Million US$), 2016 - 2020
Figure-26: Application - Forecast for Welding Market (Million US$), 2021 - 2027
Figure-27: Application - Material Handling Market (Million US$), 2016 - 2020
Figure-28: Application - Forecast for Material Handling Market (Million US$), 2021 - 2027
Figure-29: Application - Painting Market (Million US$), 2016 - 2020
Figure-30: Application - Forecast for Painting Market (Million US$), 2021 - 2027
Figure-31: Application - Cutting Market (Million US$), 2016 - 2020
Figure-32: Application - Forecast for Cutting Market (Million US$), 2021 - 2027
Figure-33: Application - Others Market (Million US$), 2016 - 2020
Figure-34: Application - Forecast for Others Market (Million US$), 2021 - 2027
Figure-35: North America - Automotives Robotics Market (Million US$), 2016 - 2020
Figure-36: North America - Forecast for Automotives Robotics Market (Million US$), 2021 - 2027
Figure-37: Europe - Automotives Robotics Market (Million US$), 2016 - 20203
Figure-38: Europe - Forecast for Automotives Robotics Market (Million US$), 2021 - 2027
Figure-39: Asia Pacific - Automotives Robotics Market (Million US$), 2016 - 2020
Figure-40: Asia Pacific - Forecast for Automotives Robotics Market (Million US$), 2021 - 2027
Figure-41: Middle East Africa - Automotives Robotics Market (Million US$), 2016 - 2020
Figure-42: Middle East Africa - Forecast for Automotives Robotics Market (Million US$), 2021 - 2027
Figure-43: Latin America - Automotives Robotics Market (Million US$), 2016 - 2020
Figure-44: Latin America - Forecast for Automotives Robotics Market (Million US$), 2021 - 2027
Figure-45: ABB - Global Revenue (Million US$), 2016 - 2020
Figure-46: ABB - Forecast for Global Revenue (Million US$), 2021 - 2027
Figure-47: Fanuc Corporation - Global Revenue (Million US$), 2016 - 2020
Figure-48: Fanuc Corporation - Forecast for Global Revenue (Million US$), 2021 - 2027
Figure-49: Rockwell Automation, Inc. - Global Revenue (Million US$), 2016 - 2020
Figure-50: Rockwell Automation, Inc. - Forecast for Global Revenue (Million US$), 2021 - 2027
Figure-51: Seiko Epson Corporation - Global Revenue (Million US$), 2016 - 2020
Figure-52: Seiko Epson Corporation - Forecast for Global Revenue (Million US$), 2021 - 2027
Figure-53: Yaskawa Electric Corporation - Global Revenue (Million US$), 2016 - 2020
Figure-54: Yaskawa Electric Corporation - Forecast for Global Revenue (Million US$), 2021 - 2027
List of Tables:
Table-01: Global - Automotives Robotics Market Share by Type (Percent), 2016 - 2020
Table-02: Global - Forecast for Automotives Robotics Market Share by Type (Percent), 2021 - 2027
Table-03: Global - Automotives Robotics Market Share by Component (Percent), 2016 - 2020
Table-04: Global - Forecast for Automotives Robotics Market Share by Component (Percent), 2021 - 2027
Table-05: Global - Automotives Robotics Market Share by Application (Percent), 2016 - 2020
Table-06: Global - Forecast for Automotives Robotics Market Share by Application (Percent), 2021 - 2027
Table-07: Global - Automotives Robotics Market Share by Region (Percent), 2016 - 2020
Table-08: Global - Forecast for Automotives Robotics Market Share by Region (Percent), 2021 - 2027

Companies Mentioned

  • ABB
  • FANUC CORPORATION
  • Rockwell Automation, Inc.
  • Seiko Epson Corporation
  • Yaskawa Electric Corporation

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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