Renub

    Automotive Robotics Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis

    Excel: 8 Hours
    PDF: 24 Hours
    Jan 2024
    Pages: 210

    Automotive Robotics Market Outlook

    Global Automotive Robotics Market size is projected to reach US$ 16.55 Billion by 2030, as per Renub Research. Automation and robotics are technology which could update human assistance in numerous responsibilities. The automobile market is a segment with a tremendous implementation of robots in production, using CNC machine equipment and industrial robots for automation. Automotive robotics are robots used in vehicle factories. They assist with different kind tasks within the production process, consisting of welding, meeting, portray, and fine tests. Robots are beneficial for repetitive or risky tasks, growing safety and reducing the need for human operators.

    Nowadays, Robots have become an increasingly useful in the automotive industry. Engineers are finding new uses for them on account that they're specific and efficient. The automobile industry is one of the global maximum automatic supply chains, and robots play a crucial part. Currently, 30% of overall investments within the industry sector are allocated towards automotive robotics. This makes the automotive industry the crucial area in incorporating commercial robots worldwide. Market increase is boosted by rapid technological progressions, which involve incorporating the Internet of Things (IoT), cloud solutions, and Autonomous Intelligent Vehicles (AIVs) to transfer components and materials from one area to another other securely. To meet the 2030 objectives, government worldwide need to increase low- or zero-emission vehicles. This will require revolutionary technologies like "smart sensors" cognitive and collaborative robots. Automation of new generations of motors may be vital, and it will ought to be speedy and massive.


    Automotive Robotics Market is displaying a thriving CAGR of 10.86% from 2024 to 2030

    In recent decades, reducing operating expenses were achieved via growing operational flexibility and reducing raw material wastage and inefficiencies in the workflow, ensuing in accelerated profitability for manufacturers. Numerous substantial, small-sized, well established competitors in the robotics sector make the global automotive robotics market competitive. Due to the introduction of technologically innovative and new products inclusive of collaborative robots, the degree of competition on this marketplace has expanded in last few years. In the year May 2015, "Made in China 2025" a development approach announced by the Government of China. Its objectives to enhance China's worldwide competitiveness and make it a key technological force by 2025 via innovation and restructuring of the production segment.

    Industry 4.0 is the modern-day segment of the economic revolution, emphasizing automation, real-time records, interconnectivity, and machine learning. It entails using smart virtual technology to improve manufacturing and supply chain control. Robotics, AI, data analytics, and cloud computing are quintessential to Industry 4.0, making commercial robots more dependable and efficient. The goal is maximum efficiency with zero downtime, which creates increase opportunities inside the automotive robotics market. The global automotive robotics market changed into worth US$ 8.04 Billion in 2023.


    Robotic Arm has captured maximum of the market percentage

    By Components, the Automotive Robotics Market is divided into Controllers, Robotic Arms, End Effectors, Sensors, Drives, and Others. The global automotive robotics market is predominantly led via robot arms, securing maximum of the market share. This dominance displays the integral position robotic hands play in automobile manufacturing approaches. Renowned for their precision, speed, and adaptableness, robot arms are instrumental in welding, painting, and assembly tasks. As the automotive industry increasingly more embraces automation for efficiency and fineness, the full-size utilization of robot arms underscores their pivotal contribution to shaping the panorama of automobile robotics globally. Robotic arms are relatively versatile tools that play a key position in advancing the automobile industry's manufacturing abilities. They are a vital part of the manufacturing system, and their adaptability allows for progressed performance and precision in production.


    Articulated Robots will maintain more than half of the market percentage in the coming years

    By Type, the automotive robotics market is segmented into articulated robots, cylindrical robots, scary robots, Cartesian robots, and others. As generation advances, articulated robots discover their niche in automobile manufacturing, streamlining manufacturing traces with precision and efficiency. These versatile robots seamlessly navigate complex responsibilities, from welding and painting to assembly and quality control. Their agility and adaptability make them fundamental in the market that demands velocity, accuracy, and scalability. With the upward push of electrical and autonomous automobiles, the demand for articulated robots is poised to surge similarly, driving innovation and reshaping the panorama of automotive production. The symbiotic relationship among the automotive market and articulated robots underscores a pivotal alliance, propelling each sector right into a future of automation and sensible manufacturing.


    The material handling sector is expected to grow in the Automotive Robotics Industry

    By Application, Automotive Robotics Market is classified into Material Handling, Welding, Painting, Cutting, and Others. Renub Research Forecasts indicate notable expansion within the Automotive Robotics Market's material handling segment. This surge in growth underscores the pivotal role of robotics in revolutionizing how materials are managed and processed in the automotive industry. As demand for automation intensifies, particularly in manufacturing and assembly processes, the material handling segment is poised for substantial development. Innovations in robotic technology are set to enhance efficiency and precision, contributing to the evolution of automotive manufacturing. This trajectory reflects the industry's commitment to harnessing advanced technologies, ensuring a dynamic and efficient future for automotive robotics in material handling applications.


    China Automotive Robotics Market is anticipated to exhibit significant growth during the forecast period

    By Country, Automotive Robotics Market is split into North America (United States, Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Switzerland), Asia Pacific (Japan, China, India, Australia, South Korea, Indonesia), South America (Mexico, Brazil, Argentina), Middle East & Africa (South Africa, Saudi Arabia, United Arab Emirates), and Rest of world. The United States leads the automotive robotics market, adopting robotics for responsibilities from material handling. This reflects the country commitment to advancing automation, enhancing efficiency, and maintaining a competitive facet inside the manufacturing sector. The US remains at the forefront of integrating modern-day robotics technology and shaping the worldwide automobile marketplace.

    China' automotive industry is expected to grow appreciably due to the growing adoption of robotics. Automation integration aligns with China's dedication to technological development and offers an option to challenges posed by labor costs.


    Key Player

    ABB, Fanuc Corporation, Rockwell Automation Inc., Yaskawa Electric Corporation, Kuka AG, Kawasaki Heavy Industries, Ltd, Harmonic Drive Systems Inc., Omron Corporation, and Yamaha Motor Co. Ltd are prominent companies in the worldwide automobile robotics market.


    Renub Research report titled “Automotive Robotics Market, Global Forecast by Components (Controller, Robotic Arm, End Effector, Sensors, Drive and Others), Types (Articulated Robots, Cylindrical Robots, Scara Robots, Cartesian Robots, Others Robots), Application (Material handling, Welding, Painting, Cutting and Others), Region (North America (United States, Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Switzerland), Asia Pacific (Japan, China, India, Australia, South Korea, Indonesia), South America (Mexico, Brazil, Argentina), Middle East & Africa (South Africa, Saudi Arabia, United Arab Emirates), Rest of world), Company (ABB, Fanuc Corporation, Rockwell Automation Inc., Yaskawa Electric Corporation, Kuka AG, Kawasaki Heavy Industries, Ltd, Harmonic Drive Systems Inc., Omron Corporation, and Yamaha Motor Co. Ltd)” provides complete insights on Global Automotive Robotics Industry.


    Component – Market breakup from 6 viewpoints

    1.    Controller
    2.    Robotic Arm
    3.    End Effector
    4.    Sensors
    5.    Drive
    6.    Others


    Type – Market breakup from 5 viewpoints

    1.    Articulated Robots
    2.    Cylindrical Robots
    3.    Scara Robots
    4.    Cartesian Robots
    5.    Others Robots


    Application – Market breakup from 5 viewpoints

    1.    Material handling
    2.    Welding
    3.    Painting
    4.    Cutting
    5.    Others


    Country – Market breakup from 21 viewpoints

    1.    North America

    1.1    United States
    1.2    Canada

    2.    Europe

    2.1    Germany
    2.2    United Kingdom
    2.3    France
    2.4    Italy
    2.5    Spain
    2.6    Switzerland

    3.    Asia Pacific

    3.1    Japan
    3.2    China
    3.3    India
    3.4    South Korea
    3.5    Indonesia
    3.6    Australia

    4.    Latin America

    4.1    Mexico
    4.2    Brazil
    4.3    Argentina

    5.    Middle East & Africa

    5.1    Saudi Arabia
    5.2    United Arab Emirates
    5.3    South Africa

    6.    Rest of World


    Company Insights

    •    Overviews
    •    Recent development
    •    Revenues


    Company Analysis

    1.    ABB, Fanuc Corporation
    2.    Rockwell Automation Inc.
    3.    Yaskawa Electric Corporation
    4.    Kuka AG
    5.    Kawasaki Heavy Industries, Ltd
    6.    Harmonic Drive Systems Inc.
    7.    Omron Corporation
    8.    Yamaha Motor Co. Ltd


    Report Details:

    Report Features Details
    Base Year 2023
    Historical Period 2019 - 2023
    Forecast Period 2024 - 2030
    Market US$ Billion
    Segment Covered Component, Type, Application, and Countries
    Countries Covered United States, Canada, Germany, United Kingdom, France, Italy, Spain, Switzerland, Japan, China, India, South Korea, Indonesia, Australia, Mexico, Brazil, Argentina, Saudi Arabia, United Arab Emirates, South Africa, and Rest of World
    Companies Covered ABB, Fanuc Corporation, Rockwell Automation Inc., Yaskawa Electric Corporation, Kuka AG, Kawasaki Heavy Industries, Ltd, Harmonic Drive Systems Inc., Omron Corporation, and Yamaha Motor Co. Ltd
    Customization Scope 20% Free Customization
    Post-Sale Analyst Support 1 Year (52 Weeks)
    Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request)

    1.    Introduction

    2.    Research Methodology

    3.    Executive Summary

    4.    Market Dynamics

    4.1    Growth Drivers
    4.2    Challenges


    5.    Global Automotive Robotics Market

    6.    Market Share – Global Automotive Robotics Market

    6.1    By Component
    6.2    By Type
    6.3    By Application
    6.4    By Countries


    7.    Component – Global Automotive Robotics Market

    7.1    Controller
    7.2    Robotic Arm
    7.3    End Effector
    7.4    Sensors
    7.5    Drive
    7.6    Others


    8.    Type – Global Automotive Robotics Market

    8.1    Articulated Robots
    8.2    Cylindrical Robots
    8.3    Scara Robots
    8.4    Cartesian Robots
    8.5    Others Robots (polar/spherical Robots)


    9.    Application – Global Automotive Robotics Market

    9.1    Material handling
    9.2    Welding
    9.3    Painting
    9.4    Cutting
    9.5    Others


    10.    Countries – Global Automotive Robotics Market

    10.1    North America

    10.1.1    United States
    10.1.2    Canada

    10.2    Europe

    10.2.1    Germany
    10.2.2    United Kingdom
    10.2.3    France
    10.2.4    Italy
    10.2.5    Spain
    10.2.6    Switzerland

    10.3    Asia Pacific

    10.3.1    Japan
    10.3.2    China
    10.3.3    India
    10.3.4    South Korea
    10.3.5    Indonesia
    10.3.6    Australia

    10.4    Latin America

    10.4.1    Mexico
    10.4.2    Brazil
    10.4.3    Argentina

    10.5    Middle East & Africa

    10.5.1    Saudi Arabia
    10.5.2    United Arab Emirates
    10.5.3    South Africa

    10.6    Rest of World


    11.    Porter’s Five Forces – Global Automotive Robotics Market

    11.1    Bargaining Power of Buyer
    11.2    Bargaining Power of Supplier
    11.3    Threat of New Entrants
    11.4    Rivalry among Existing Competitors
    11.5    Threat of Substitute Products


    12.    SWOT Analysis – Global Automotive Robotics Market

    12.1    Strengths
    12.2    Weaknesses
    12.3    Opportunities
    12.4    Threats


    13.    Key Players Analysis

    13.1    ABB

    13.1.1    Overviews
    13.1.2    Recent Development
    13.1.3    Revenues

    13.2    Fanuc Corporation

    13.2.1    Overviews
    13.2.2    Recent Development
    13.2.3    Revenues

    13.3    Rockwell Automation, Inc.

    13.3.1    Overviews
    13.3.2    Recent Development
    13.3.3    Revenues

    13.4    Yaskawa Electric Corporation

    13.4.1    Overviews
    13.4.2    Recent Development
    13.4.3    Revenues

    13.5    kuka AG

    13.5.1    Overviews
    13.5.2    Recent Development
    13.5.3    Revenues

    13.6    Kawasaki Heavy Industries, Ltd.

    13.6.1    Overviews
    13.6.2    Recent Development
    13.6.3    Revenues

    13.7    Harmonic Drive Systems Inc.

    13.7.1    Overviews
    13.7.2    Recent Development
    13.7.3    Revenues

    13.8    Omron Corporation

    13.8.1    Overviews
    13.8.2    Recent Development
    13.8.3    Revenues

    13.9    Yamaha Motor Co. Ltd.

    13.9.1    Overviews
    13.9.2    Recent Development
    13.9.3    Revenues


    List of Figures:

    Figure-01:    Global – Automotive Robotics Market (Billion US$), 2019 – 2023
    Figure-02:    Global – Forecast for Automotive Robotics Market (Billion US$), 2024 – 2030
    Figure-03:    Component – Controller Market (Million US$), 2019 – 2023
    Figure-04:    Component – Forecast for Controller Market (Million US$), 2024 – 2030
    Figure-05:    Component – Robotic Arm Market (Million US$), 2019 – 2023
    Figure-06:    Component – Forecast for Robotic Arm Market (Million US$), 2024 – 2030
    Figure-07:    Component – End Effector Market (Million US$), 2019 – 2023
    Figure-08:    Component – Forecast for End Effector Market (Million US$), 2024 – 2030
    Figure-09:    Component – Sensors Market (Million US$), 2019 – 2023
    Figure-10:    Component – Forecast for Sensors Market (Million US$), 2024 – 2030
    Figure-11:    Component – Drive Market (Million US$), 2019 – 2023
    Figure-12:    Component – Forecast for Drive Market (Million US$), 2024 – 2030
    Figure-13:    Component – Others Market (Million US$), 2019 – 2023
    Figure-14:    Component – Forecast for Others Market (Million US$), 2024 – 2030
    Figure-15:    Type – Articulated Robots Market (Million US$), 2019 – 2023
    Figure-16:    Type – Forecast for Articulated Robots Market (Million US$), 2024 – 2030
    Figure-17:    Type – Cylindrical Robots Market (Million US$), 2019 – 2023
    Figure-18:    Type – Forecast for Cylindrical Robots Market (Million US$), 2024 – 2030
    Figure-19:    Type – Scara Robots Market (Million US$), 2019 – 2023
    Figure-20:    Type – Forecast for Scara Robots Market (Million US$), 2024 – 2030
    Figure-21:    Type – Cartesian Robots Market (Million US$), 2019 – 2023
    Figure-22:    Type – Forecast for Cartesian Robots Market (Million US$), 2024 – 2030
    Figure-23:    Type – Others Robots (polar/spherical Robots) Market (Million US$), 2019 – 2023
    Figure-24:    Type – Forecast for Others Robots (polar/spherical Robots) Market (Million US$), 2024 – 2030
    Figure-25:    Application – Material handling Market (Million US$), 2019 – 2023
    Figure-26:    Application – Forecast for Material handling Market (Million US$), 2024 – 2030
    Figure-27:    Application – Welding Market (Million US$), 2019 – 2023
    Figure-28:    Application – Forecast for Welding Market (Million US$), 2024 – 2030
    Figure-29:    Application – Painting Market (Million US$), 2019 – 2023
    Figure-30:    Application – Forecast for Painting Market (Million US$), 2024 – 2030
    Figure-31:    Application – Cutting Market (Million US$), 2019 – 2023
    Figure-32:    Application – Forecast for Cutting Market (Million US$), 2024 – 2030
    Figure-33:    Application – Others Market (Million US$), 2019 – 2023
    Figure-34:    Application – Forecast for Others Market (Million US$), 2024 – 2030
    Figure-35:    United States – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-36:    United States – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-37:    Canada – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-38:    Canada – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-39:    Germany – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-40:    Germany – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-41:    United Kingdom – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-42:    United Kingdom – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-43:    France – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-44:    France – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-45:    Italy – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-46:    Italy – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-47:    Spain – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-48:    Spain – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-49:    Switzerland – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-50:    Switzerland – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-51:    Japan – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-52:    Japan – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-53:    China – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-54:    China – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-55:    India – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-56:    India – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-57:    South Korea – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-58:    South Korea – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-59:    Indonesia – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-60:    Indonesia – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-61:    Australia – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-62:    Australia – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-63:    Mexico – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-64:    Mexico – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-65:    Brazil – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-66:    Brazil – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-67:    Argentina – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-68:    Argentina – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-69:    Saudi Arabia – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-70:    Saudi Arabia – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-71:    United Arab Emirates – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-72:    United Arab Emirates – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-73:    South Africa – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-74:    South Africa – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-75:    Rest of World – Automotive Robotics Market (Million US$), 2019 – 2023
    Figure-76:    Rest of World – Forecast for Automotive Robotics Market (Million US$), 2024 – 2030
    Figure-77:    ABB – Global Revenue (Million US$), 2019 – 2023
    Figure-78:    ABB – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-79:    Fanuc Corporation – Global Revenue (Million US$), 2019 – 2023
    Figure-80:    Fanuc Corporation – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-81:    Rockwell Automation, Inc. – Global Revenue (Million US$), 2019 – 2023
    Figure-82:    Rockwell Automation, Inc. – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-83:    Yaskawa Electric Corporation – Global Revenue (Million US$), 2019 – 2023
    Figure-84:    Yaskawa Electric Corporation – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-85:    kuka AG – Global Revenue (Million US$), 2019 – 2023
    Figure-86:    kuka AG – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-87:    Kawasaki Heavy Industries, Ltd. – Global Revenue (Million US$), 2019 – 2023
    Figure-88:    Kawasaki Heavy Industries, Ltd. – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-89:    Harmonic Drive Systems Inc. – Global Revenue (Million US$), 2019 – 2023
    Figure-90:    Harmonic Drive Systems Inc. – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-91:    Omron Corporation – Global Revenue (Million US$), 2019 – 2023
    Figure-92:    Omron Corporation – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-93:    Yamaha Motor Co. Ltd. – Global Revenue (Million US$), 2019 – 2023
    Figure-94:    Yamaha Motor Co. Ltd. – Forecast for Global Revenue (Million US$), 2024 – 2030


    List of Tables:

    Table-01:    Global – Automotives Robotics Market Share by Component (Percent), 2019 – 2023
    Table-02:    Global – Forecast for Automotives Robotics Market Share by Component (Percent), 2024 – 2030
    Table-03:    Global – Automotives Robotics Market Share by Type (Percent), 2019 – 2023
    Table-04:    Global – Forecast for Automotives Robotics Market Share by Type (Percent), 2024 – 2030
    Table-05:    Global – Automotives Robotics Market Share by Application (Percent), 2019 – 2023
    Table-06:    Global – Forecast for Automotives Robotics Market Share by Application (Percent), 2024 – 2030
    Table-07:    Global – Automotives Robotics Market Share by Countries (Percent), 2019 – 2023
    Table-08:    Global – Forecast for Automotives Robotics Market Share by Countries (Percent), 2024 – 2030

    Related Reports