What is Automobile Manufacturing Robots Market Scope?
The automotive manufacturing industry is leading the adoption of industrial robotic technology. In today’s market scenario robots are used around every part of automotive manufacturing and it became one of the highly automated supply chains in the world. Through this workers can protect from dirty, difficult and dangerous jobs. The major interest in increasing in China for industrial robots. Although China is the first country in the application of industrial robots. As the world is leading towards continuous automation and modernization of production processes in the automotive industry. The leading countries in the application of automotive manufacturing robots are Korea, Japan, North America, and Germany.
Influencing Trend:
Increase Demand of Cobots, High Adoption of 3D Printing and High Demand for Vehicle Autonomy
Market Growth Drivers:
High Growth in Car Production, Growing Demand of Vehicles in Emerging and Developed Countries and Increase Penetration of IIOT and AI
Challenges:
Growing Interoperability and Integration Issues
Restraints:
High Installation Cost and High Impact on Employment Create Huge Hindrance in the Growth of the Market
Opportunities:
Strong Opportunity in Asia Pacific Regions and Growing Automation in Manufacturing Industry
The Automobile Manufacturing Robots market study is being classified by Type (Cartesian Robots, SCARA Robots, Articulated Robot and Others), by Application and major geographies with country level break-up.
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Automobile Manufacturing Robots market throughout the predicted period.
Yaskawa (Japan), Durr (Japan), Rethink Robotics (United States), Rockwell Automation (United States), Acieta (United States), Robotic Vision Technologies (United States), Universal Robots (United States), Fanuc (Japan), Mitsubishi (Japan) and KUKA (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are ABB (Switzerland), Denso (Japan) and Siemens (Germany).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Automobile Manufacturing Robots market by Type, Application and Region.
On the basis of geography, the market of Automobile Manufacturing Robots has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In Sep 2019, Hitachi announced to acquire JR Automation technologies with the worth of USD 1.43 billion to become stronger in the American Market. Through this agreement, the company expands its automation business in the United States.
In Sep 2019, ABB announced the construction of new robotics manufacturing and its research facility in China, this project has a total investment of around USD 150 million. These robotics solutions will support automotive manufacturers majorly in e-mobility.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Automobile Manufacturing Robots Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Automobile Manufacturing Robots Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Automobile Manufacturing Robots Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Automobile Manufacturing Robots industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.