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Aerospace Robotics Market Share

Report ID: GMI9518
Published Date: May 2024
Report Format: PDF

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Aerospace Robotics Market Share

Electroimpact Inc. and JH Robotics, Inc. held a significant share of over 10% in the aerospace robotics industry in 2023. Electroimpact Inc. specializes in providing aerospace automation solutions, including design, manufacturing, and installation of automated systems. They offer a wide range of products and services, such as robotic assembly systems, automated fastening systems, and aerospace tooling. With a focus on precision and efficiency, Electroimpact's solutions cater to the needs of aircraft manufacturers, contributing to streamlined production processes and enhanced productivity in the aerospace industry.

JH Robotics, Inc. specializes in providing advanced robotic solutions tailored for the aerospace industry. They offer a range of products and services including robotic arms, automated assembly systems, and inspection platforms. With a focus on precision engineering and cutting-edge technology, JH Robotics helps aerospace manufacturers optimize production processes, improve efficiency, and maintain high-quality standards in their operations.

Aerospace Robotics Market Companies

Major players operating in the aerospace robotics industry are:

ABB
Electroimpact Inc.
Fanuc Corporation
JH Robotics, Inc.
Mitsubishi Electric Corp.
Universal Robots A/S
Yaskawa Electric Corp.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for aerospace robotics was valued at USD 2.7 billion in 2023 and will grow over 13% CAGR between 2024 and 2032, driven by an emphasis on cost reduction and efficiency improvements.

The traditional technology segment in the aerospace robotics market will register over 15% CAGR during 2024-2032, as it reduces implementation complexities and costs.

North America market held over 35% revenue share in 2023 and will expand rapidly through 2032, owing to the presence leading manufacturers and technology providers.

ABB, Electroimpact Inc., Fanuc Corporation, JH Robotics, Inc., Mitsubishi Electric Corp., Universal Robots A/S, and Yaskawa Electric Corp. among others.