Air Sea Logistics & Automotive Transportation News

Detailed examination of the automotive robotics market forecast to 2023

Automotive and Transportation Market Research

Automotive Robotics Market By Type (SCARA Robot, Cartesian Robot, Cylindrical Robot) By Application (Painting Robots, Cutting and Milling Robots, Welding Robots, Material Handling, Palletizing & Packaging) By Component (Sensors, Drive, Robotic Arm, Controller).

GLOBAL AUTOMOTIVE ROBOTICS MARKET Make an Inquiry about this news was valued at USD XX Billion in the year 2017. Global Automotive Robotics market is further estimated to grow at a CAGR of XX% from 2018 to reach USD XX Billion by the year 2023.

Asia-Pacific region holds the highest market share in 2017 and Asia-Pacific market is considered as the fastest growing market in the forecasted period. At a country level, China is projected to grow strongly in the coming years.  

Kawasaki Heavy Industries, Ltd. (Japan), ABB Group (Switzerland), SEIKO EPSON CORP. (Japan), KUKA Aktiengesellschaft (Germany), Rockwell Automation, Inc. (U.S.), Denso Wave Incorporated (Japan), iRobot Corporation (U.S.), Nachi-Fujikoshi Corp. (Japan), Harmonic Drive LLC (Japan), Yaskawa Electric Corporation (Japan), Yamaha Corporation (Japan), Fanuc Corporation (Japan), are some of the key players in the Global Automotive Robotics market. Rising research and development expenses to cater changing demand of end users.

Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

Download Free Sample Report @ goo.gl/btazRN Make an Inquiry about this news

Drivers:

            Implementation in Artificial Intelligence and IoT

Restraints:

            Initial high cost of production

Opportunities:

            Rising demand in the Automotive sector

Challenges:

            Data security of robots from thefts

The Global Automotive Robotics Market is segmented by types, application, component & region. The major shares of the market come from Controller, component type in Global Automotive Robotics Market.

On the other hand, Articulated Robot, by type for this market is expected to grow at highest CAGR during the year 2018-2023.

Get Full Report @ goo.gl/4xY7eQ Make an Inquiry about this news

Key Benefits for Stakeholders

Automotive Robotics Manufacturers, Distributors and Retailers

Research and Consulting Organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Type

SCARA Robot

Cartesian Robot

Cylindrical Robot

Articulated Robot

Others

By Application

Painting Robots

Cutting and Milling Robots

Welding Robots

Material Handling, Palletizing & Packaging

Others

By Component

Sensors

Drive

Robotic Arm

Controller

End Effector

By Region

North America

Europe

Asia-Pacific

RoW

Key Market Players

Kawasaki Heavy Industries, Ltd.

ABB Group

SEIKO EPSON CORP.

KUKA Aktiengesellschaft

Rockwell Automation, Inc.

Denso Wave Incorporated

iRobot Corporation

Nachi-Fujikoshi Corp.

Harmonic Drive LLC

Yaskawa Electric Corporation

Yamaha Corporation

Fanuc Corporation

Read Report Overview with Full TOC @ goo.gl/p9BTQP Make an Inquiry about this news

News From

Genesis Market InsightsGenesis Market Insights
Category: Market Research Publishers and RetailersCompany about: Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across the globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in-house data validation tools, ...
This email address is being protected from spambots. You need JavaScript enabled to view it.

For more information:

Make an Inquiry about this report HERE!
  • genesismarketinsights.com
  • genesismarketinsights.com/viewrepo…e-Robotics-Market
  • genesismarketinsights.com/Sample_Request/GENRE168
  • genesismarketinsights.com/Report_Enquiry/GENRE168
  • goo.gl/p9BTQP
  • goo.gl/btazRN