Drivers of Market Growth
The increasing adoption of industrial automation across various sectors, beyond just automotive, is a significant factor driving the collaborative robots market in this region. Industries such as logistics, food and beverages, electrical and electronics, and rubber and plastics are beginning to embrace automation technologies. Historically, non-automotive sectors have seen lower levels of automation compared to the automotive industry. However, as collaborative robots become more versatile and capable, their adoption in these sectors is expected to rise significantly.While developed markets like China, the US, and Japan have high levels of automation, there remains substantial potential for growth in industrial automation, even in these mature markets. The automotive sector, in particular, is poised for further robot installations, driven by the need for modernization and transformation. This presents a promising outlook for manufacturers of collaborative robots, indicating a significant opportunity for increased adoption, especially with supportive government policies for manufacturers.
Market Overview
South America is home to several emerging economies that are experiencing rapid growth in their manufacturing sectors. Brazil, in particular, is leading the way in automotive adoption, hosting manufacturing facilities for major automotive brands such as Fiat, General Motors, Honda, Volkswagen, Renault, and Peugeot. The Brazilian government has indicated that the country will see substantial growth in automobile production capacity in the coming years, further bolstering the demand for collaborative robots.Market Segmentation
The South and Central America collaborative robots market can be segmented based on several criteria:
1. Payload: The market is divided into three categories: up to 5 Kgs, 5-10 Kgs, and above 10 Kgs. The 5-10 Kgs segment accounted for the largest share in 2023.2. Application: Key applications include assembly, pick and place, material handling, quality testing, machine tending, welding, packaging, and others. The material handling segment was the largest in terms of market share in 2023.
3. Type: The market is categorized into robotic arms, welding guns, grippers, and other types. The robotic arm segment held the largest market share in 2023.
4. End-User Industry: This includes automotive, electronics, metal and machinery, food and beverage, logistics, pharmaceuticals, and others. The automotive sector was the leading segment in 2023.
5. Functionality: The market is divided into static robots and mobile robots, with static robots holding a larger share in 2023.
6. Country: The market is segmented into Brazil, Argentina, and the Rest of South and Central America, with Brazil dominating the market share in 2023.
Key Players in the Market
Several prominent companies are active in the collaborative robots market in South and Central America, including:- ABB Ltd
- Agile Robot SE
- Aubo (Beijing) Robotics Technology Co Ltd
- Azenta, Inc.
- Bosch Rexroth AG
- Comau SpA
- Denso Corp
- Doosan Robotics Inc
- ESTUN AUTOMATION CO., LTD
- Fanuc Corp
- Kawasaki Heavy Industries Ltd
- Kuka AG
- OMRON Corp
- Productive Robotics, LLC
- Rethink Robotics GmbH
- SIASUN Robot & Automation CO., LTD
- Svaya Robotics Pvt. Ltd.
- Techman Robot Inc
- Teradyne Inc
- Yaskawa America Inc
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America collaborative robots market.
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- Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the South & Central America collaborative robots market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
Companies Mentioned
Some of the leading companies in the South & Central America Collaborative Robots Market include:
- ABB Ltd
- Agile Robot SE
- Aubo (Beijing) Robotics Technology Co Ltd
- Azenta, Inc.
- Bosch Rexroth AG
- Comau SpA
- Denso Corp
- Doosan Robotics Inc
- ESTUN AUTOMATION CO., LTD
- Fanuc Corp
- Kawasaki Heavy Industries Ltd
- Kuka AG
- OMRON Corp
- Productive Robotics, LLC
- Rethink Robotics GmbH
- SIASUN Robot & Automation CO., Ltd
- Svaya Robotics Pvt. Ltd.
- Techman Robot Inc
- Teradyne Inc
- Yaskawa America Inc


 
   
   
     
   
    