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Asia-Pacific Automotive Robotics Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis

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Global sales of automotive vehicles is increasing every year with a healthy rate, now manufacturers are looking for technological advanced solutions to increase the production as well as to minimize the overall production cost. Abovementioned needs of automotive industry is driving the growth of Asia-Pacific automotive robotics market. – PowerPoint PPT presentation

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Title: Asia-Pacific Automotive Robotics Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis


1
Report Code AM1003
Asia-Pacific Automotive Robotics Market Outlook
2016-2024 Insights, Trends, Demand
Competitors Analysis
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2
Asia-Pacific Automotive Robotics Market Outlook
2016-2024 Insights, Trends, Demand
Competitors Analysis
Asia-Pacific Automotive Robotics Market
Outlook Automotive manufacturing industry is one
of the first industries to adopt robotic
automation whole heartedly and gradually
benefitted from successive developments in
robotics technology. In past few years, robots
have become smaller, more precise and multi
functional, making them important for the
automotive manufacturing process. High costs
related to the future-generation automotive
technology, skilled labors and safety systems
fuel the demand for automotive robots to
accommodate changeovers in product. Automotive
robots are designed to provide cost
effectiveness, flexible automation solutions and
preciseness of manufacturing process.
Furthermore, automotive robots perform welding,
material handling, palletizing, assembly and
inspection processes in automotive industry.
China is the largest car market globally,
producing over 24 million units of vehicles. Huge
automotive industry of China is largest consumer
of robots and accounts for more than 40 of total
robot supply. According to international
federation of robotics Japan has the highest
robot density with 1,276 robot units per 10,000
employees, followed by republic of Korea and USA
both with 1,218 units. Wage inflations and price
competitiveness in developed countries
significantly driving the growth rate of
automotive market. Send Us Sample Request_at_
https//www.goldsteinresearch.com/request-sample/a
sia-pacific-automotive-robotics-market-outlook-202
4-regional-opportunity-and-demand-analysis-market-
forecast-2016-2024
3
Asia-Pacific Automotive Robotics Market Outlook
2016-2024 Insights, Trends, Demand
Competitors Analysis
  • Market Segmentation
  • By Robot Type
  • Articulated Robots
  • Cartesian Robots
  • Cylindrical Robots
  • Selective Compliance Assembly Robot Arm (SCARA)
  • By Applications
  • Primary Manufacturing Process
  • Welding
  • Metal Casting
  • Cutting
  • Sealing/ Dispensing
  • Painting
  • Secondary Manufacturing Process
  • Material Handling
  • Packaging
  • Palletizing
  • Assembly / Disassembly

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4
Asia-Pacific Automotive Robotics Market Outlook
2016-2024 Insights, Trends, Demand
Competitors Analysis
  • Based on Geography
  • China Market Share (), Market Size (USD
    Million), Adoption Rate ()
  • Japan Market Share (), Market Size (USD
    Million), Adoption Rate ()
  • India Market Share (), Market Size (USD
    Million), Adoption Rate ()
  • Australia Market Share (), Market Size (USD
    Million), Adoption Rate ()
  • South Korea Market Share (), Market Size (USD
    Million), Adoption Rate ()
  • Singapore Market Share (), Market Size (USD
    Million), Adoption Rate ()
  • New Zealand Market Share (), Market Size (USD
    Million), Adoption Rate ()
  • Rest of APAC Market Share (), Market Size (USD
    Million), Adoption Rate ()
  • Request for TOC_at_ https//www.goldsteinresearch.com
    /toc-request/asia-pacific-automotive-robotics-mark
    et-outlook-2024-regional-opportunity-and-demand-an
    alysis-market-forecast-2016-2024

5
Asia-Pacific Automotive Robotics Market Outlook
2016-2024 Insights, Trends, Demand
Competitors Analysis
Market Size and Forecast (2016-2024) Asia Pacific
automotive robotics market accounted for USD 2.7
billion in 2016 and the market is expected to
reach USD 5.8 billion by the end of 2024.
Further, the market is anticipated to expand at a
compound annual growth rate of 10.1 over the
forecast period i.e. 2016-2024. Geographically,
China accounted for the highest revenue share in
Asia Pacific automotive robotics market in 2016
with more than USD 0.80 billion revenue share.
Japan accounts for the second highest revenue
share in Asia Pacific region closely followed by
India. Automotive manufacturers are highly
investing in India to setup new manufacturing
units and to develop existing ones. For instance,
Maruti Suzuki India Ltd., manufacturing plant in
Gurgaon, has at least 1 robot per worker. The
manufacturing plant is equipped with more than
2,000 robots for welding and more than 200 robots
for paint shop. Singapore and Thailand are also
expected to grow significantly owing to growing
automobile demand and shortage of labors in
Singapore.
6
Asia-Pacific Automotive Robotics Market Outlook
2016-2024 Insights, Trends, Demand
Competitors Analysis
According to Goldstein Research, Growing
automobile industry and rising need to automate
the manufacturing process are the major factors
driving the growth of Asia-Pacific Automotive
robotics market." Concern towards worker's safety
is also playing an important role towards high
adoption rate of automotive robotics in
manufacturing industries. Installation of robots
ensures labours safety by keeping away them from
exposure to welding and paint fumes.  Asia
Pacific automotive robotics market segmentation
has been carried out on the basis of robots and
applications. Robot segment is further bifurcated
into articulated robots, Cartesian robots,
cylindrical robots and Selective Compliance
Assembly Robot Arm (SCARA). The articulate robot
segment accounted for the largest market share of
more than 45 in 2016 owing to its cost effective
solution for processes that requires flexibility
in terms of motion, precision and payload
capacity. Asia Pacific automotive robotics
market is predicted to grow at a CAGR of 10.1
over the forecast period i.e. 2016-2024. The
market is likely to exceed USD 6.0 billion by the
end of 2024. Asia Pacific region dominate the
global automotive robotics market in
manufacturing of robots, countries in Asia
Pacific region also purchases around 35 of all
robots worldwide. Many companies are investing in
Asia pacific region to grab the growth
opportunity. For instance, many robotics
companies are investing in China rather than in
U.S. as China is providing big growth
opportunities owing to its huge consumer base.
The largest robotics provider in China are now
joint venture between Chinese and foreign
countries. German based robot manufacturer is now
under the process of being acquired by the
China's Midea for USD 4.5 billion and such
acquisitions are expected to happen over the next
few years, providing growth opportunities for
automotive robotics market to grow appreciably.

7
Asia-Pacific Automotive Robotics Market Outlook
2016-2024 Insights, Trends, Demand
Competitors Analysis
  • Scope Background
  •  Market Synopsis
  •  
  • Market Segmentation
  •  
  • Asia Pacific Automotive Robotics market
    segmentation as follows
  • By Robot Type (Market Size, Demand Analysis and
    Growth Analysis)
  • By Application Type (Market Size, Demand Analysis
    and Growth Analysis)
  • By Country
  • Japan Market Size, Growth Analysis and
    Opportunity Analysis
  • South Korea Market Size, Growth Analysis and
    Opportunity Analysis
  • China Market Size, Growth Analysis and
    Opportunity Analysis
  • India Market Size, Growth Analysis and
    Opportunity Analysis
  • Singapore Market Size, Growth Analysis and
    Opportunity Analysis
  • Australia Market Size, Growth Analysis and
    Opportunity Analysis
  • New Zealand Market Size, Growth Analysis and
    Opportunity Analysis
  • Rest of APAC  Market Size, Growth Analysis and
    Opportunity Analysis

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8
Asia-Pacific Automotive Robotics Market Outlook
2016-2024 Insights, Trends, Demand
Competitors Analysis
  • Market Dynamics Growth Drivers, Restraints and
    Opportunities
  • Risk Factors
  • Regional Variations
  • Recent Trends and Developments
  • Key Market Players
  • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis
  • Porters Five Force Model
  • Market Landscape Competition and Beyond
  • Market outlook for business players and entry
    level players to ascertain their business in
    dynamic ecosystem
  • Expert Analysis
  • Concluding Remarks

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9
Asia-Pacific Automotive Robotics Market Outlook
2016-2024 Insights, Trends, Demand
Competitors Analysis
About Goldstein Research Based in U.S., Goldstein
Research is a young business consulting and
market research firm with vast reach across
America, Asia and parts of Europe and the Middle
East. In the next five years, we strive to
expand our reach to 50 nations spanning across
Europe, Asia and parts of the Middle East and
Africa. We strive to realize a strong brand
presence globally through our quality research
and forecasting solutions. With 30 domain
experts and 50 employees working day and night
to crunch numbers and bring out the best and
detailed market reports and forecasts, we strive
to enable you to foresee upcoming market
challenges and develop a robust business model
and strategies, which would add to your
profitability and market visibility as a
brand. Our mission is simple to develop
insightful business solutions, help our clients
make powerful future decisions to keep them well
ahead of the game which is the market, and leave
a mark across businesses and communities through
our well-defined ideas and clear cut forecasts.
Our mission is simple to develop insightful
business solutions, help our clients make
powerful future decisions to keep them well ahead
of the game which is the market, and leave a mark
across businesses and communities through our
well-defined ideas and clear cut forecasts.
10
Asia-Pacific Automotive Robotics Market Outlook
2016-2024 Insights, Trends, Demand
Competitors Analysis
Sample Request
For more information Contact Us
11
Asia-Pacific Automotive Robotics Market Outlook
2016-2024 Insights, Trends, Demand
Competitors Analysis
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