Report Scope & Overview:
Automotive Robotics Market Size was valued at USD 8.70 billion in 2022 and is expected to reach USD 21.93 billion by 2030 and grow at a CAGR of 12.24% over the forecast period 2023-2030.
Assembling, welding, cutting, dispensing, painting, and other processes in the automotive industry are all assisted by automotive robot systems. By enhancing the quality and operating flexibility, lowering production, and manufacturing errors, and reducing raw material waste, the employment of automotive robots in the manufacturing process helps to reduce operational expenses.
Automobile manufacturers utilize robotics in their manufacturing processes because they provide various advantages such as increased precision, efficiency, flexibility, and assembly line dependability. Furthermore, automobile production robots provide a competitive advantage by enhancing quality, boosting capacity, and shielding employees from physically hard and dangerous tasks. Furthermore, automotive robots are typically employed at vehicle assembly facilities for applications such as spot welding, painting, and other similar tasks; however, there are various other opportunities to apply automotive robotics across the supply chain.
MARKET DYNAMICS:
KEY DRIVERS:
The use of automation to ensure excellent manufacturing.
The growing reliance on articulated robots to ensure production efficiency.
Meeting market demand on the schedule is all expected to contribute to market growth.
Lower labor expenses in businesses are driving market expansion.
RESTRAINTS:
The high cost of industrial robots limits the market growth.
Perception: Automation is causing job losses.
OPPORTUNITIES:
The incorporation of Industry 4.0 is predicted to create a substantial opportunity for the automotive robot market to develop.
Governments are providing tax reductions that will lower manufacturing costs and expand industrial prospects.
CHALLENGES:
Concerns regarding worker safety are growing.
The worldwide automotive robot industry faces a considerable upfront investment.
Slow growth in the vehicle sector might be seen as a big challenge.
IMPACT OF COVID-19:
Companies are experiencing a lack of trained workers as a result of COVID-19, which is expected to lead to the optimization of manufacturing facilities through the use of industrial robots. Furthermore, the use of robots can assist businesses in increasing output while maintaining social distance, particularly in areas where physical work is required, such as assembly.
COVID-19 and the resulting shutdowns in all major markets were compounded by the automobile industry, which was already struggling. Car and component production and sales decreased for all automakers and tier players in 2020.
KEY PLAYERS:
The automotive robotics industry is made up of a network of companies that are involved in research and development, raw material supply, component manufacture, distribution and sale, and after-sales services. FANUC Corporation (Japan), Kawasaki Heavy Industries, Yaskawa Electric Corporation (Japan), KUKA AG (Germany), ABB (Switzerland), Comau, DENSO WAVE INCORPORATED, NACHI-FUJIKOSHI CORP., Rockwell Automation, Inc., Seiko Epson Corporation, are among the market's key players (Japan).
MARKET ESTIMATION:
Market, By Type:
Articulated, Cartesian, SCARA, Cylindrical, and other product types have been used to segment the market. The controller, Robotic Arm, End Effector, Drive, and Sensors are among the components mentioned in the paper. The market is further broken down by application, such as welding, painting, cutting, material handling, palletizing & packaging, and assembly/disassembly.
Market, By Component:
Controller, Robotic Arm, End Effector, Drive, and Sensors are the components that make up the automotive robotics market. In 2016, the controller sector is predicted to have the highest market share in terms of value. The increased sales of all types of robots that use the controller are a major driver of the industry.
Market, By Application:
Welding, painting, and cutting are the most common types of applications. In terms of value, the welding application market is expected to account for the greatest share of the global market. Material handling, palletizing, and packaging assembly/disassembly applications are examples of secondary applications.
MARKET SEGMENTATION:
By Type:
Articulated
Cartesian
SCARA
Cylindrical
Others
By Component:
Controller
End effector
Robotic arm
Drive
Sensors
Others
By Application:
Welding
Painting
Cutting
Material Handling
Others
.png)
REGIONAL ANALYSIS:
North America, Europe, Asia Pacific, and the Rest of the World are the four regions that make up the global automotive robotics market. Europe, Asia Pacific, and the Rest of the World. Asia-Pacific is the world's fastest-growing area, with India, China, Taiwan, and South Korea at the forefront. Many firms, including automotive, electronics, and aviation, are establishing production units in these countries, increasing interest in the
Automotive Robotics Market share, and transforming Asia-Pacific into an expanding market. China and India are the most advanced countries in Asia-Pacific, and many firms, including automotive, electronics, and aviation, are establishing production units in these countries.
REGIONAL COVERAGE:
North America
The USA
Canada
Mexico
Europe
Germany
The UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
| Report Attributes | Details |
| Market Size in 2022 | US$ 8.70 Bn |
| Market Size by 2030 | US$ 21.93 Bn |
| CAGR | CAGR of 12.24% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Articulated, Cartesian, SCARA, Cylindrical, Others) • By Component (Controller, End effector, Robotic arm, Drive, Sensors, Others) • By Application (Welding, Painting, Cutting, Material Handling, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | FANUC Corporation, Kawasaki Heavy Industries, Yaskawa Electric Corporation, KUKA AG, ABB, Comau, DENSO WAVE INCORPORATED, NACHI-FUJIKOSHI CORP., Rockwell Automation, Inc., Seiko Epson Corporation |
| Key Drivers | • The use of automation to ensure excellent manufacturing. • The growing reliance on articulated robots to ensure production efficiency. |
| Challenges | • Concerns regarding worker safety are growing. • The worldwide automotive robot industry faces a considerable upfront investment. |
Ans:- The market size is expected to reach USD 17.41 billion by 2028.
Ans:- The incorporation of industry 4.0 is one of the emerging trends that will be seen in the market for automotive robotics.
Ans:- The drive segment is the most influential segment expanding in the automotive robotics report based on the components.
Ans:- Yes.
Ans:- Asia pacific region is anticipated to be the major driver of the market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automotive Robotics Market Segmentation, by Type
8.1 Articulated
8.2 Cartesian
8.3 SCARA
8.4 Cylindrical
8.5 Others
9. Global Automotive Robotics Market Segmentation, by Component
9.1 Controller
9.2 End effector
9.3 Robotic arm
9.4 Drive
9.5 Sensors
9.6 Others
10. Global Automotive Robotics Market Segmentation, by Application
10.1 Welding
10.2 Painting
10.3 Cutting
10.4 Material Handling
10.5 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 the USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 the UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profiles
12.1 ABB (Switzerland)
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 FANUC Corporation (Japan)
12.3 Kawasaki Heavy Industries
12.4 Yaskawa Electric Corporation (Japan)
12.5 KUKA AG (Germany)
12.6 Comau
12.7 DENSO WAVE INCORPORATED
12.8 NACHI-FUJIKOSHI CORP.
12.9 Rockwell Automation, Inc.
12.10 Seiko Epson Corporation
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Report Scope & Overview: Automotive Motors Market Size is US
The Automotive DC-DC Converters Market Size was valued at US$ 608.64 million in 2022 expected to reach USD 6177 million by 2030, and grow at a CAGR of 33.6% over the forecast period 2023-2030.
Report Scope & Overview: Automotive Airbag Fabric Market Size
The Diesel Particulate Filter Market Size was valued at USD 18.61 billion in 2022 and is expected to reach USD 44.15 billion by 2030 and grow at a CAGR of 11.4% over the forecast period 2023-2030.
Report Scope & Overview: Commercial Vehicle Telematics Market
Automotive Intelligent Door System Market Size was valued at USD 2.50 billion in 2022 and is expected to reach USD 7.66 billion by 2030 and grow at a CAGR of 15% over the forecast period 2023-2030.
Hi! Click one of our member below to chat on Phone
© 2023 All Rights Reserved by SNS Insider Pvt Ltd
