By 2026, Automotive Robotics Market size to cross USD 14,170 MN

The Automotive Robotics market dynamics, forces, companies and trends have been determined after conducting a detailed study of the industry for this newly released research report now available with Market Study Report.

Delaware, Selbyville - June 13, 2019 /MarketersMedia/ —

Asia-Pacific generated the highest revenue in the market in 2017 and is expected to lead the global market throughout the forecast period. Growing demand from automotive industry for high quality products, along with increasing labor costs encourages companies to invest in automotive robotics. With intense competition in the automotive industry, companies are setting up manufacturing facilities in these countries for timely deliveries of products to their customers. High demand of robots from Japan and South Korea would help in the growth of the automotive robotics market in the region. Other factors driving this market include rapid industrialization and increasing need for automation in manufacturing processes.

Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1695163/

The Automotive Robotics Market is anticipated to reach over USD 14,170 million by 2026 according to a new research. In 2017, the articulated robots dominated the global automotive robotics market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global automotive robotics market revenue in 2017.

There has been an increase in the demand of automotive robotics across the world owing to greater need for automation of manufacturing processes. With the increasing use of collaborative robots in automotive applications, the overall demand for robotics to also influence the automotive robotics market growth. Automotive robots are being adopted by small and medium sized organizations at a huge pace for automation of manufacturing processes.

With international labor safety standards becoming more stringent, robots are being employed in hazardous environments in place of humans. Robots find application in situations that are dangerous and unsafe for human beings to work, such as working in irregular terrains and handling hazardous substances. Robots enable organizations to avoid risks and reduce the number of work accidents. This factor leads to greater adoption of robotics solutions in the global automotive industry.

Request Discount on this premium report at: https://www.marketstudyreport.com/check-for-discount/1695163/

Owing to stiff competition in the global automotive market, players are introducing low-cost and high quality robots to meet consumer demands. The advancements in technology enable developers to design new innovative products while maintaining the affordability of the product. The recently developed robots are energy efficient and designed to serve specific applications in the automotive industry. Acceptance of such robots by small and medium businesses has increased owing to its low cost and increased flexibility.

The key players operating in the market include Fanuc Corporation, Rockwell Automation, Inc., ABB Ltd., Kawasaki Heavy Industries, Kuka AG, Denso Corporation, Mitsubishi Electric Corporation, Yaskawa Electric Corporation, Nachi-Fujikoshi Corporation, DiFacto Robotics and Automation Pvt. Ltd. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Market players are introducing application specific robots to meet the growing needs of the automotive industry. Growing need for automation and increasing labor costs further fuels the automotive robotics market growth. In addition, availability of affordable, high quality customized robotics solutions for diverse applications in the automotive industry stimulates the market growth.

Table of Contents
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Automotive Robotics Market Insights
3.1. Automotive Robotics Industry snapshot
3.2. Automotive Robotics - Ecosystem analysis
3.3. Automotive Robotics Market Dynamics
3.3.1. Automotive Robotics Market Forces
3.3.1.1. Automotive Robotics Market Driver Analysis
3.3.1.2. Automotive Robotics Market Restraint/Challenges analysis
3.3.1.3. Automotive Robotics Market Opportunity Analysis
3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.5. Degree of competition
3.6. Automotive Robotics Market PEST Analysis, 2017
3.7. Automotive Robotics Market Value Chain Analysis
3.8. Automotive Robotics Industry Trends
3.9. Competitive Ranking Analysis
4. Automotive Robotics Market Size and Forecast by Type, 2018-2026
4.1. Key Findings
4.2. Articulated Robots
4.3. SCARA Robots
4.4. Cartesian Robots
4.5. Cylindrical Robots
4.6. Others
5. Automotive Robotics Market Size and Forecast by Component, 2018-2026
5.1. Key Findings
5.2. Hardware
5.3. Software
5.4. Services
6. Automotive Robotics Market Size and Forecast by Application, 2018-2026
6.1. Key Findings
6.2. Painting
6.3. Welding
6.4. Material Handling
6.5. Assembly
6.6. Others
7. Automotive Robotics Market Size and Forecast by Region, 2018-2026

Purchase Complete Report at: https://www.marketstudyreport.com/securecheckout/paymenta/1695163?msfpaycode=sumsf/?utm_source=MM-AN

Related Report:

Advanced Driver Assistance Systems (ADAS) Market [By System (Adaptive Cruise Control, Blind Spot Detection, Night Vision System, Intelligent Park Assist, Driver Monitoring System, Adaptive Front Light, Blind Spot Detection, Tire Pressure Monitoring System, Autonomous Emergency Braking System, Others) Market size & Forecast, 2018 - 2026

The global Advanced Driver Assistance Systems (ADAS) market was valued at $19.8 billion in 2017 and is anticipated to grow at a CAGR of 21.4% during the forecast period.

Advanced Driver Assistance Systems offer improved passenger experience, comfort, and safety to vehicles and drivers. Integration of advanced driver assistance systems into vehicles enable enhanced situational awareness and control for easier and safer driving experience. Some components enabling efficient functioning of Advanced Driver Assistance Systems include LiDAR, sensors, radar systems, artificial intelligence software, and GPS among others.

https://www.marketstudyreport.com/request-a-sample/1695121/

About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Market Study Report
Address: 4 North Main Street, Selbyville, Delaware 19975 USA
Phone: 1-302-273-0910
Website: https://www.marketstudyreport.com

Source URL: https://marketersmedia.com/by-2026-automotive-robotics-market-size-to-cross-usd-14170-mn/523878

Source: MarketersMedia

Release ID: 523878

More News From Morning Dispatcher

Egypt's el-Sissi dismisses corruption allegations

Sep 16, 2019

CAIRO — Egypt's president on Saturday dismissed corruption allegations made by a businessman-in- exile about the country's military as "sheer lies and defamation." In viral social media videos posted over the past week, the entrepreneur alleged large-scale misuse of public funds in the building of luxurious hotels, presidential palaces and a tomb for President Abdel-Fattah el-Sissi's mother who died in 2014. "I've built presidential palaces and I will continue to do so," el-Sissi, a general-turned-president, said in televised comments. "I am building a new country. ... All of this is not mine. It's Egypt's." El-Sissi was responding to claims by...

New Saudi energy minister calls for OPEC 'cohesiveness'

Sep 16, 2019

ABU DHABI, United Arab Emirates — Saudi Arabia's new energy minister on Thursday reiterated calls for "cohesiveness" in OPEC ahead of a key meeting in Abu Dhabi. "To achieve market stability, it's important we sustain a high level of cohesiveness," said Prince Abdulaziz bin Salman, speaking at a meeting of the organization's Joint Ministerial Monitoring Committee in Abu Dhabi, the capital of the United Arab Emirates. Crude oil sold for over $100 a barrel in the summer of 2014 before bottoming out below $30 a barrel in January 2016. That fall largely came from a boom in U.S. shale oil...

Rocket blast at US Embassy in Kabul on 9/11 anniversary

Sep 16, 2019

KABUL, Afghanistan — A rocket exploded at the U.S. Embassy in Afghanistan just minutes into Wednesday, the anniversary of the 9/11 attack on the United States, but officials at the compound later declared an all-clear and reported no injuries. A plume of smoke rose over central Kabul shortly after midnight and sirens could be heard. Inside the embassy, employees heard this message over the loudspeaker: "An explosion caused by a rocket has occurred on compound." About an hour later the all-clear announcement was made, with no reports of injuries. There was no immediate comment from Afghan officials or those with...

Iranian female soccer fan dies after setting herself on fire

Sep 16, 2019

DUBAI, United Arab Emirates — An Iranian woman detained for dressing as a man to sneak into a soccer stadium to watch a match has died after setting herself on fire upon learning she could spend six months in prison, semi-official news outlets reported Tuesday. The self-immolation death of 29-year-old Sahar Khodayari has shocked Iranian officials and the public, becoming an immediate hashtag trend across social media in the Islamic Republic. It also comes as FIFA is working with Iranian authorities to overcome a ban on women entering stadiums for men's games, a ban in place since the country's 1979...

US military officials in Turkey for Syria 'safe zone' talks

Sep 16, 2019

ANKARA, Turkey — Turkey's defense ministry says two top U.S. military officials are in Turkey for talks over a planned "safe zone" in northeast Syrian. A ministry statement said a delegation headed by Lt. Gen. Stephen Twitty, deputy commander of the U.S. European Command, and Lt. Gen. Thomas Bergeson, deputy commander of the U.S. Central Command, would meet with Turkish military officials on Tuesday. Their visit comes days after Turkish and U.S. troops conducted their first joint ground patrol of the "safe zone" that Ankara has been pressing for in the Kurdish-administered region. Turkey hopes the buffer zone will keep...

About Us

Get all the up-to-date breaking news about politics, business, entertainment, sports, lifestyles, weather, traffic, and local news in a seamless digital environment only in Morning Dispatcher.

Contact us: sales[at]morningdispatcher.com

Subscribe Now!

Quick Links

HomePress