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

Latest News

Q&A: How can stocks cheer while bonds can't find a friend?

Jun 25, 2019

NEW YORK — Why is the stock market so happy and the bond market so gloomy? Just as the S&P 500 was setting a record high Thursday, bond yields were tumbling to their lowest levels since Donald Trump was elected. The yield on the 10-year Treasury, which influences rates for mortgages and other loans, dropped below 2% at one point. It was above 3.20% in November. Usually, stock prices rise when investors are feeling confident. Bond yields, meanwhile, often fall when investors are worried about a softening economy. How can both be happening at the same time? In large part,...

Energy stocks swing with economic signals, Mideast tensions

Jun 25, 2019

NEW YORK — Energy stocks have gone along with oil prices on a wild ride this quarter. Oil prices steadily rose through April and then sank as the trade war between the U.S. and China escalated and threatened global economic growth. More recently, rising tensions between the U.S. and Iran have pushed prices higher. After hitting a high for the year of $66.30 a barrel in late April, oil dropped about 22% through early June as global demand weakened and investors grew increasingly worried about economic growth. Even with the geopolitical tensions of the past week, that gloomy backdrop remains...

Asian shares gain, Shanghai up 2.4%, on Fed rate cut talk

Jun 25, 2019

BANGKOK — Asian shares are higher with the Shanghai benchmark up 2.4% on hopes that a meeting between President Donald Trump and his counterpart Xi Jinping next week might help ease trade tensions. The Thursday tracked modest gains on Wall Street. Tokyo's Nikkei 225 index added 0.6% to 21,462.86 while the Hang Seng in Hong Kong surged 1.2% to 28,545.23. Shanghai was up 2.4% to 2,987.12 while Australia's S&P ASX 200 picked up 0.6% to 6,687.40. India's Sensex advanced 0.4% to 39,277.17. Shares fell in Jakarta but rose slightly in Taiwan and elsewhere in Southeast Asia. Confirmation that Trump and...

White House offers budget freeze if Dems don't agree to deal

Jun 25, 2019

WASHINGTON — Trump administration bargainers offered a one-year budget freeze and said Democratic spending demands remained too high as talks with congressional leaders aimed at averting deep cuts in defense and domestic programs this autumn seemed no closer to resolution. Emerging from a session in House Speaker Nancy Pelosi's office that lasted over an hour, Treasury Secretary Steven Mnuchin said that without an agreement, the White House was prepared to live with a one-year extension of this year's budget. That would prevent an enormous $125 billion in automatic cuts to defense and domestic programs that would otherwise be triggered by...

Fed leaves its key rate unchanged but hints of future cuts

Jun 25, 2019

WASHINGTON — The Federal Reserve left its key interest rate unchanged Wednesday but signaled that it's prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and other threats. The Fed kept its benchmark rate — which influences many consumer and business loans — in a range of 2.25% to 2.5%, where it's been since December. It issued a statement saying that because "uncertainties" have increased, it would "act as appropriate to sustain the expansion." That language echoed a remark that Chairman Jerome Powell made two weeks ago that analysts interpreted as a signal that...

Broaden News
Search

Manage The Numbers is the world’s fastest-growing finance news website, featuring the latest money and market news, along with in-depth analysis so you can make the best decision.

Contact us: sales@managethenumbers.com

Subscribe to our newsletter!

Name

Email