The Automotive-robotic-market is expected to grow at a significant CAGR in the period from 2021 to 2027. Automobile manufacturers are incorporating robotics into their manufacturing processes because robots provide several benefits on the production line, including greater precision, efficiency, flexibility, and dependability. As a result of this widespread adoption of automotive robotics, the automobile sector has become the world’s most automated industry and one of the major consumers of industrial robots. Furthermore, automotive manufacturing robots give a competitive edge to automotive businesses by improving quality, increasing capacity, lowering warranty costs, and protecting employees from demanding and risky duties. Furthermore, automotive robots are mostly used in vehicle assembly facilities for applications such as spot welding, painting, and other similar tasks; however, there are several additional applications for automotive robotics across the supply chain.
The worldwide automotive robots market is expected to rise as the automotive sector automates and improves accuracy, safety, and productivity. In addition, the market is growing due to lower labour costs in companies. The expensive cost of industrial robots, on the other hand, is impeding market expansion. Furthermore, factors such as the implementation of Industry 4.0 are expected to create a significant potential for the automotive robots market to grow throughout the projected period.
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A full report of Global Automotive robotic Market is available at: https://www.orionmarketreports.com/automotive-robotics-market/58157/
The following Segmentation are covered in this report:
By Component
- Controller
- Robotic arm
- End effector
- Sensors
- Drive
- Others
By Type
- Articulated
- Cylindrical
- SCARA
- Cartesian
- Others
By Application
- Welding
- Painting
- Cutting
- Material Handling
- Others
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive robotic Market.
- The market share of the global Automotive robotic Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive robotic Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive robotic Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
