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Automotive Robotics Market Share

  • Report ID: GMI210
  • Published Date: Aug 2017
  • Report Format: PDF
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Automotive Robotics Market Share

The key participants in the automotive robotics market are

  • KUKA
  • ABB
  • FANUC
  • Rockwell
  • Kawasaki Heavy Industries
  • Yaskawa

Other industry participants are

  • Comau
  • Denso Wave
  • Omron Corporation
  • Universal Robotsz

The industry is characterized by the presence of a few international and several local players competing to increase the market share.
 

Few SMEs are underpenetrated as they don’t observe any value in installing the products unless they get repeat orders and volume business. Moreover, they lack skilled resources and capital for the product operation. They can be persuaded to install the product through cost saving demonstrations in near future.
 

Major players such as KUKA, FANUC are immensely concentrating on their research activities to develop innovative products and eliminate its technological glitches. Moreover, the players are involved in strategic partnerships with the automobile vendors to provide product software upgradation and services by maintaining long term relationship.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of automotive robotics was USD 4 billion in 2016.

The industry share of automotive robotics is projected to witness more than 3.8% growth rate during 2017 to 2024.

According to this statistics report by GMI, the global industry demand will surpass 210,000 units by 2024.

Asia Pacific is one of the biggest revenue contributors to the automotive robotics industry. China has contributed momentously towards the development of the robots that cover packaging machinery, hydronics, welding, process equipment, SPS IPC drives, and fluid power.

Articulated robots are increasingly used in welding, material handling, material removal and dispensing applications. Given the rapid technological advancements, these robots now come with up to ten axes, which further boosts its versatility, accuracy and speed.

ABB, KUKA, Kawasaki Heavy Industries, FANUC, Rockwell, Yaskawa, Comau, Omron Corporation, Denso Wave, and Universal Robots are some of the prominent industry participants.

Automotive Robotics Market Scope

  • Automotive Robotics Market Size
  • Automotive Robotics Market Analysis
  • Automotive Robotics Market Share

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    Premium Report Details

    • Base Year: 2016
    • Companies covered: 18
    • Tables & Figures: 468
    • Countries covered: 24
    • Pages: 400
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