According to the latest report published by Persistence Market Research, the Automotive Robotics Market is anticipated to grow at a steady pace over the forecast period 2017 – 2025. The report sheds light on the various trends and restraining factors that are expected to shape the growth of the Automotive Robotics in the upcoming years. The report ponders over the various parameters that are expected to impact revenue generation, sales, and demand for the Automotive Robotics in the various regional markets.
According to the study, the Automotive Robotics Market is likely to attain a market value of ~US$ XX by 2019 and grow at a CAGR of ~XX% during the assessment period. The market study introspects the competition landscape of the Automotive Robotics Market and highlights the key developments and technological innovations witnessed in the current Automotive Robotics Market landscape.
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Key findings of the Automotive Robotics Market report:
- Assessment of the impact of micro and macro-economic factors on the Automotive Robotics Market
- Pricing, sales, and marketing strategies adopted by prominent market players
- Evaluation of the top factors expected to influence the market growth during the forecast period 2017 – 2025
- Influence of technology on the Automotive Robotics Market
- Analysis of the market entry barriers for upcoming market players
The presented report on the global Automotive Robotics Market offers a thorough understanding of the overall prospects of the Automotive Robotics Market during the forecast period 2017 – 2025. The report provides a thorough analysis of the various factors that could potentially impact the overall dynamics of the Automotive Robotics Market in the upcoming decade.
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key players in this industry are well-known companies who has shown their presence in all the regions, hence growth in the automotive sector is directly driving the market of automotive robotics. The significant drivers that trigger the demand for robots in the automotive industry are persistence in high investment in production capacity of new or advanced automotive product line in evolving market, modernization in the key automobile producing regions such as US, Russia, Germany, India, China, Japan and many more., emerging need for saving product launch time, evolving need of alternative source for unskilled labor or eliminating issue of rising labor costs, and high demand for precision and quality control, among others.
Automotive Robotics Market: Market Segmentation
The global automotive robotics market is segmented based on its product types, components, and applications.
Based on its product types, automotive robotics market is segmented into:
Based on its components, automotive robotics market is segmented into:
- Robotic Arm
- End Effector
Based on its applications, automotive robotics market is segmented into:
- Primary Manufacturing Process Robots
- Secondary Manufacturing Process Robots
- Material Handling
- Assembly Of The Components
- Dis-Assembly Of The Components
Automotive Robotics Market: Regional Outlook
Regarding geography, the global automotive robotics market has been categorized into seven key regions including North and Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Japan, and the Middle East & Africa. The automotive robotics market is globally expected to register healthy CAGR during the forecast period. Despite the soft economy, consumers of North America are buying cars which raise the production in the automotive sector in countries such as Canada and the US, as well as North America one of the automobile manufacturing companies' hub this made, North America is a leading region in automotive robotics market. Western & Eastern Europe, as well as Japan, are the other regions which are known as the origin of key players from the automobile industry, the production of automobiles in these companies increased the demand for automotive robotics in Western, Eastern Europe as well as Japan making them other leading regions. Countries such as China, India are the principal countries in Asia-Pacific excluding Japan region, development wise, many industries such as automotive, electronics, and aviation are opening their factories in these countries, this generates the demand of automotive robotics market by making Asia Pacific excluding Japan as an emerging region.
Automotive Robotics Market: Key players
Some of the key players of global automotive robotics market include Yaskawa Electric Corporation, ABB Group, Yamaha Robotics, Comau SpA, Universal Robots, Denso Wave Incorporated, Stäubli, Dürr AG, Siasun Robot & Automation Co., Ltd., Fanuc Corporation, Rockwell Automation, Inc., Harmonic Drive System, Nachi-Fujikoshi Corp., Reis Gmbh & Co. Kg Maschinenfabrik, KUKA AG, and Panasonic Welding Systems Co. Ltd., among other major players in the market. Other players in the market of automotive robotics are Kawasaki Heavy Industries (Kawasaki Robotics), Omron Corporation (Adept Technology, Inc.), and Nabtesco Motion Control, Inc.
Key Questions Related to the Automotive Robotics Market Addressed in the Report
- What are the growth prospects of the Automotive Robotics Market over the forecast period?
- How are the market players operating in the Automotive Robotics Market adapting to the evolving regulatory framework?
- What are the leading market players operating in the current Automotive Robotics Market landscape?
- Which region is expected to dominate the global Automotive Robotics Market in terms of share, size, and value?
- What are the strategies adopted by upcoming market players to solidify their market presence?
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