Title: Rising Vehicle Production & Wage Inflation is Expected to Drive the Global Automotive Robotic Market
1Automotive Robotics Market by Type (Articulated,
Cartesian, SCARA, Cylindrical), Component
(Controller, Robotic Arm, End Effector, Sensors,
Drive), Application (Welding, Painting, Cutting,
Material Handling), and Region - Global Forecast
to 2021
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2Articulated Robots to hold the largest share in
the automotive robotics market, by type The
articulated robot segment is estimated to account
for the largest share in the automotive robotics
market. The articulated robot is more widely
present in the market as compared to Cartesian,
cylindrical, SCARA (Selective Compliance Assembly
Robot Arm/ Selective Compliance Articulated Robot
Arm) robots due to its higher degree of freedom
that provides a manufacturer a larger work
envelope and can be used for multiple
applications. PDF Brochure
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3Robotics Controller A promising market due to
growing global demand for automotive
robotics Development in advanced technologies
and consistent growth in demand for automated
solutions is a contributing factor for growth in
the robotics controller market. In terms of
region, Asia-Pacific market is projected to have
the largest market share in automotive robotics
controller market by 2021. The region is
projected to be primarily driven by increasing
demand for sophisticated motion control
technology. Furthermore, in developed countries
such as the US and Europe, the focus on further
enhancing cost competitiveness amongst all major
automotive OEMs is expected to result in growing
demand for advanced controllers in the automotive
industry. Request for Customization
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4The global market has been segmented according to
product type such as articulated, Cartesian,
SCARA, Cylindrical, and Others. The components
identified in the report include Controller,
Robotic Arm, End Effector, Drive, and Sensors.
Additionally, the report covers the market on
application basis such as Welding, Painting,
Cutting, Material Handling, Palletizing
Packaging, and Assembly/Disassembly. The
articulated robotics segment is estimated to
account for the largest market share, in terms of
value, in 2016. The global market has been
segmented by component into Controller, Robotic
Arm, End Effector, Drive, and Sensors. The
controller segment is expected to hold the
largest market share, by value, in 2016. A key
factor driving the robotic controllers segment is
its ability to offer high motion control and
faster integration with any additional
hardware. Request Sample _at_ https//www.marketsa
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5AsiaPacific Largest market for automotive
robotics AsiaPacific is estimated to account
for the largest share, in terms of value, of the
automotive robotics market in 2016. Improved
employment outlook and overall macroeconomic
indicators across Asia- Pacific region bode well
for the vehicle sales outlook in years to come.
One of the key drivers for the growth of
automotive robotics is the continuous demand by
automotive OEMs especially in Asia-Pacific
region to automate their production facilities
which can reduce time-to-market with greater
control over production activity. The report
analyzes all major players in the automotive
robotics market, including ABB (Switzerland),
FANUC Corporation (Japan), Yaskawa Electric
Corporation (Japan), KUKA AG (Germany), and
Kawasaki Heavy Industries (Japan). Speak to
analyst _at_ https//www.marketsandmarkets.com/speakt
oanalyst.asp?id262848440
6Market Ecosystem The ecosystem of the
automotive robotics industry consists of
manufacturers such as ABB Ltd (Switzerland), KUKA
AG (Germany), and Yaskawa Electric Corporation
(Japan), industry associations such as the
Robotic Industries Association (RIA), and World
Robot Conference (WRC), and regional automobile
associations such as China Robot Industry
Alliance (CRIA), and German Roboteers Association
(GRA). Buy Now https//www.marketsandmarket
s.com/Purchase/purchase_report1.asp?id262848440
7 Browse gtgt 86 market data
tables 49 figures
138 pages and in-depth TOC Automotive
Robotics Market by Type (Articulated, Cartesian,
SCARA, Cylindrical), Component (Controller,
Robotic Arm, End Effector, Sensors, Drive),
Application (Welding, Painting, Cutting, Material
Handling), and Region - Global Forecast to
2021 Early buyers will receive 10
customization on this report. This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
8ContactMr. Shelly SinghMarketsandMarkets
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