Automotive Robotics Industry SynopsisAutomotive robotics system assists the manufacturing process in the automotive industries. Its uses decrease production & manufacturing errors and improve quality and operational flexibility. It also reduces the operational cost, production & manufacturing, and wastage of the raw material. Market Research Future (MRFR) has published a research report that forecasts advancement for the global Automotive Robotics Industry with 10% CAGR (Compound Annual Growth Rate) between 2016 and 2022.
Observing the market structure, this report evaluates the future growth potential of the market and analyzes the strategies of the key players in this market. It also tracks the competitive developments such as joint ventures, new product developments, mergers and acquisitions, new product developments (R & D) in the market.
Competitive Dashboard
ABB Group
Denso Wave Incorporated
Comau SpA
Dürr AG
Harmonic Drive System
Fanuc Corporation
KUKA AG
Nabtesco Motion Control, Inc.
Kawasaki Heavy Industries (Kawasaki Robotics)
Nachi-Fujikoshi Corp
are some of the few crucial players operating in the global Automotive Robotics Industry. These players are focusing on the development of innovative technologies to strengthen their holding in the market.
Segmentation
By product type, the Automotive Robotics Industry has been segmented into SCARA Robot, articulated robot, and cartesian robot.
By type, the Automotive Robotics Industry has been segmented into hardware, software, and service.
By application, the automotive and robotics market has been segmented into gripping, stamping, welding, painting, assembly, and others.
Regional Analysis
The geographic study of the global Automotive Robotics Industry included in this MRFR report spans across four major regional segments, namely North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). These segments are assessed on a country-level basis to provide an impactful intelligence.
North America is presumed to exhibit an exceptional growth rate owing to the increasing adoption of the technology across industries. The region also houses some of the leading vendors of the technology, which is anticipated to support the proliferation of the Automotive Robotics Industry in the coming years. It has been observed that the regional market has been quick to adopt new technologies. Thus, innovations in robotics are poised to drive the growth of the automotive robotics companies market in the region. Europe has a developed automotive industry, which is anticipated to work in favor of the growth of the regional market. It is also presumed to witness a steep rise in growth curve in the upcoming years.
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