The 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, manufacturing errors, and reducing raw material waste, the employment of automotive robots in the manufacturing process helps to reduce operational expenses.
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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.
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
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
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
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.
Articulated, Cartesian, SCARA Robot, 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.
Controller, Robotic Arm, End Effector, Drive, and Sensors are the components that make up the automotive robotics market. In 2022, 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.
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.
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
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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.
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.
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
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).
| 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
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