Automotive Robotics Market
Automotive Robotics Market Size, Share & Trends Analysis Report, By Type (Articulated, SCARA, Cartesian, Collaborative, and Others), By Component (Controller, Robotic Arm, End Effector, Sensors, Drive, and Others), By Application (Assembling & Disassembling, Welding, Painting, Cutting, Material Handling, and Others), Forecast Period (2022-2028)
Automotive robotics market is expected to grow at a CAGR of 11.1 % during the forecast period. Industry 4.0 is transfiguring that focuses on the way companies are manufacturing, improving, and distributing their products. Manufacturers are integrating new technologies, including the Internet of Things (IoT), cloud computing and analytics, and AI and machine learning into their automotive production facilities and throughout their operations. The incorporation of industry 4.0 supports physical production and operations with smart digital technology manufacturing, machine learning, and data analytics which is accelerating the growth of the market during the forecast period. For instance, in June 2022, the Tamil Nadu government launched a series of initiatives to support the state to become a $1 trillion economy by 2030, with a contribution of around $250 billion by the manufacturing sector. The Centre will provide a dedicated IT engineering ecosystem to support the micro small and medium enterprises (MSME) sector and students across Tamil Nadu. Further, it will support the growth of various industries such as aerospace, defense, automotive and electric vehicles. The government will equip the latest technologies such as a 3D experience platform for up-skilling and facilitating future-ready innovations.
Segmental Outlook
The global automotive robotics market is segmented based on the type, component, and application. Based on the type, the market is segmented into articulated, SCARA, cartesian, collaborative, and others. Based on the component, the market is segmented into the controller, robotic arm, end effector, sensors, drive, and others. Based on the application, the market is further segmented into assembling and disassembling, welding, painting, cutting, material handling, and others. Based on the application, the welding segment is expected to drive market growth during the forecast period. Factors such as enhancing productivity and increasing safety have been attributed to the increasing adoption of welding robots. For instance, in July 2019, Yaskawa Motoman launched three new products in the robotic welding space that includes an extended-reach industrial robot, a new easy-to-use pendant application for arc welding, and an updated work cell for demanding production environments.
Articulated robots allow for the flexibility to shift or rotate parts during operation, unlike hard automation systems which are inflexible and do not allow for process changes. The benefits associated with articulated robots are expected to grow the market at a substantial rate during the forecast period. For instance, in December 2019, Yaskawa Electric Corp. announced that it starts sales of 2 types of horizontal articulated scara robots, MOTOMAN-SG400 (payload capacity: 3kg, maximum reach: 400mm) and MOTOMAN-SG650 (payload capacity: 6kg, maximum reach: 650mm), which are ideal for assembly and transportation processes of small components that require high cycle time.
Regional Outlook
The global automotive robotics market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Europe automotive robotics market is driven by the presence of a large number of suppliers in the region. According to the International Federation of Robotics (IFR), the automotive industry rose by 16% to 875 units, representing 40% of the robot installations in the UK in 2020.
Global Automotive Robotics Market Growth, by Region 2022-2028
North American to Witness Significant Share in the Global Automotive Robotics Market
North American region is expected to hold a significant share in the market. Owing to the rising trend toward automation and continued technological innovation, the demand for robots have reached a high level in the automotive industry. According to the IFR, in 2021, a new record of 486,800 units was shipped globally, an increase of 27% compared to the previous year. Moreover, North American robot installation increased by 27% with 49,400 units sold and Europe saw double-digit growth of 15% with 78,000 units installed.
Market Players Outlook
The major companies serving the global automotive robotics market include ABB Ltd., FANUC Corp., Kawasaki Heavy Industries Ltd., Yaskawa Electric Corp., and Kuka AG. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in December 2021, Robotics and automation firm Addverb Technologies announced the launch of its multi-carton picking mobile robot 'Veloce' at the India Warehousing Show (IWS), which allows 100% higher utilization of space as compared to conventional storage. The one-of-its-kind picking robot increases the storage density by higher utilization of the vertical space and increases the throughput multifold, thereby supporting the customer to save critical costs on the warehouse space and associated costly rentals.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automotive robotics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Segmentation
4.1. Global Automotive Robotics Market by Type
4.1.1. Articulated
4.1.2. SCARA
4.1.3. Cartesian
4.1.4. Collaborative
4.1.5. Others (Parallel)
4.2. Global Automotive Robotics Market by Component
4.2.1. Controller
4.2.2. Robotic Arm
4.2.3. End Effector
4.2.4. Sensors
4.2.5. Drive
4.2.6. Others
4.3. Global Automotive Robotics Market by Application
4.3.1. Assembling & Disassembling
4.3.2. Welding
4.3.3. Painting
4.3.4. Cutting
4.3.5. Material Handling
4.3.6. Others (Milling)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. ABB Group
6.2. Acieta LLC
6.3. Aurotek Corp.
6.4. Comau S.p.A
6.5. Denso Corp.
6.6. FANUC Corp.
6.7. Harmonic Drive Systems Inc.
6.8. Honda Motor Co., Ltd.
6.9. Kuka AG
6.10. Kawasaki Heavy Industries Ltd.
6.11. Nachi-Fujikoshi Corp.
6.12. Omron Adept Technology, Inc.
6.13. Rethink Robotics GmbH
6.14. RobCo S.W.A.T Ltd.
6.15. Rockwell Automation Inc.
6.16. Robotic Vision Technologies, Inc.
6.17. Schneider Electric SE
6.18. Seiko Epson Corp.
6.19. Universal Robots A/S
6.20. Yaskawa Electric Corp.
1. GLOBAL AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL ARTICULATED AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL SCARA AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL CARTESIAN AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL COLLABORATIVE AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL OTHER AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
8. GLOBAL AUTOMOTIVE ROBOTICS CONTROLLER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL AUTOMOTIVE ROBOTICS ARM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL AUTOMOTIVE ROBOTICS END EFFECTOR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL AUTOMOTIVE ROBOTICS SENSORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL AUTOMOTIVE ROBOTICS DRIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL OTHER AUTOMOTIVE ROBOTICS COMPONENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
15. GLOBAL AUTOMOTIVE ROBOTICS FOR ASSEMBLING & DISASSEMBLING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL AUTOMOTIVE ROBOTICS FOR WELDING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL AUTOMOTIVE ROBOTICS FOR PAINTING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL AUTOMOTIVE ROBOTICS FOR CUTTING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. GLOBAL AUTOMOTIVE ROBOTICS FOR MATERIAL HANDLING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
20. GLOBAL AUTOMOTIVE ROBOTICS FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
21. GLOBAL AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
22. NORTH AMERICAN AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. NORTH AMERICAN AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
24. NORTH AMERICAN AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
25. NORTH AMERICAN AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
26. EUROPEAN AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. EUROPEAN AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
28. EUROPEAN AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
29. EUROPEAN AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
33. ASIA-PACIFIC AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
34. REST OF THE WORLD AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
35. REST OF THE WORLD AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
36. REST OF THE WORLD AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
37. REST OF THE WORLD AUTOMOTIVE ROBOTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL AUTOMOTIVE ROBOTICS MARKET SHARE BY TYPE, 2021 VS 2028 (%)
2. GLOBAL ARTICULATED AUTOMOTIVE ROBOTICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL SCARA AUTOMOTIVE ROBOTICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL CARTESIAN AUTOMOTIVE ROBOTICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL COLLABORATIVE AUTOMOTIVE ROBOTICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL OTHER AUTOMOTIVE ROBOTICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL AUTOMOTIVE ROBOTICS MARKET SHARE BY COMPONENT, 2021 VS 2028 (%)
8. GLOBAL AUTOMOTIVE ROBOTICS CONTROLLER MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL AUTOMOTIVE ROBOTICS ARM MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL AUTOMOTIVE ROBOTICS END EFFECTOR MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL AUTOMOTIVE ROBOTICS SENSORS MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL AUTOMOTIVE ROBOTICS DRIVE MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL OTHER AUTOMOTIVE ROBOTICS COMPONENTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL AUTOMOTIVE ROBOTICS MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
15. GLOBAL AUTOMOTIVE ROBOTICS FOR ASSEMBLING & DISASSEMBLING MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL AUTOMOTIVE ROBOTICS FOR WELDING MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. GLOBAL AUTOMOTIVE ROBOTICS FOR PAINTING MARKET SHARE BY REGION, 2021 VS 2028 (%)
18. GLOBAL AUTOMOTIVE ROBOTICS FOR CUTTING MARKET SHARE BY REGION, 2021 VS 2028 (%)
19. GLOBAL AUTOMOTIVE ROBOTICS FOR MATERIAL HANDLING MARKET SHARE BY REGION, 2021 VS 2028 (%)
20. GLOBAL AUTOMOTIVE ROBOTICS FOR OTHER APPLICATIONS MARKET SHARE BY REGION, 2021 VS 2028 (%)
21. GLOBAL AUTOMOTIVE ROBOTICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
22. US AUTOMOTIVE ROBOTICS MARKET SIZE, 2021-2028 ($ MILLION)
23. CANADA AUTOMOTIVE ROBOTICS MARKET SIZE, 2021-2028 ($ MILLION)
24. UK AUTOMOTIVE ROBOTICS MARKET SIZE, 2021-2028 ($ MILLION)
25. FRANCE AUTOMOTIVE ROBOTICS MARKET SIZE, 2021-2028 ($ MILLION)
26. GERMANY AUTOMOTIVE ROBOTICS MARKET SIZE, 2021-2028 ($ MILLION)
27. ITALY AUTOMOTIVE ROBOTICS MARKET SIZE, 2021-2028 ($ MILLION)
28. SPAIN AUTOMOTIVE ROBOTICS MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF EUROPE AUTOMOTIVE ROBOTICS MARKET SIZE, 2021-2028 ($ MILLION)
30. INDIA AUTOMOTIVE ROBOTICS MARKET SIZE, 2021-2028 ($ MILLION)
31. CHINA AUTOMOTIVE ROBOTICS MARKET SIZE, 2021-2028 ($ MILLION)
32. JAPAN AUTOMOTIVE ROBOTICS MARKET SIZE, 2021-2028 ($ MILLION)
33. SOUTH KOREA AUTOMOTIVE ROBOTICS MARKET SIZE, 2021-2028 ($ MILLION)
34. REST OF ASIA-PACIFIC AUTOMOTIVE ROBOTICS MARKET SIZE, 2021-2028 ($ MILLION)
35. REST OF THE WORLD AUTOMOTIVE ROBOTICS MARKET SIZE, 2021-2028 ($ MILLION)
