Global Automotive Robotics Market Size 2021 Analysis By Industry Share, End-User Demand Overview, and Forecast Report till 2030

In a recent published report, Kenneth Research has updated the Global Automotive Robotics Market report for for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Automotive Robotics Market products.

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According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017

GMD predicts the revenue of global automotive robotics market to reach $48.39 billion by 2026 in terms of robot systems (including hardware, software & service), representing a 2019-2026 CAGR of 12.06%. The hardware market will grow to $18.83 billion in 2026. The annual shipment is expected to exhibit a CAGR of 16.51% during the same period, advancing to 507.8 thousand units in 2026.
Highlighted with 73 tables and 108 figures, this 214-page report “Global Automotive Robotics Market by Subsystem, Robot Type, Application, Production Process, and Region 2015-2026: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global automotive robotics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report provides historical market data for 2015-2018, revenue estimates for 2019, and forecasts from 2020 till 2026. (Please note: The report will be updated before delivery if necessary, so that the latest historical year is the base year and the forecast covers the next 5-10 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global automotive robotics market in every aspect of the classification from perspectives of Subsystem, Robot Type, Application, Production Process, and Region.
Based on subsystem, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section.
• Hardware (further segmented into Robot Controller Unit, Robotic Arm, End Effector, Drive, Sensors, Power Supply, Motors, and Others)
• Software
• Service & Support
Based on robot type, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section.
• Articulated Robots
• Cartesian Robots
• SCARA Robots
• Cylindrical Robots
• Polar/Spherical Robots
• Others

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Based on application, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section.
• Soldering & Welding
• Material Handling
• Assembling & Disassembling
• Painting & Dispensing
• Cutting
• Others
Based on production process, the global market is segmented into the following sub-markets with annual revenue and unit shipment for 2015-2026 (historical and forecast) included in each section.
• Vehicle Manufacturing
• Component Manufacturing
• Others
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Taiwan, India, and Rest of APAC)
• Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
• North America (U.S. and Canada)
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
• RoW (Saudi Arabia, United Arab Emirates, South Africa)
For each of the aforementioned regions and countries, detailed analysis and data for annual revenue and unit shipment are available for 2015-2026. The breakdown of all regional markets by country and split of key national/local markets by Robot Type and Application over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global automotive robotics market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players:
ABB Ltd.
Comau S.p.A
Denso Corporation
Fanuc Corp.
Kawasaki Robotics Inc.
KUKA (Midea Group)
Mitsubishi Electric Corp.
Omron Corporation (Omron Adept Technologies)
Reis Robotics
Rockwell Automation Inc.
Seiko Epson Corporation (Epson Robotics)
Staubli International AG
Universal Robots
Yaskawa Electric Corp.
(Please note: The report will be updated before delivery if necessary, so that the latest historical year is the base year and the forecast covers the next 5-10 years over the base year.)

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  •  Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

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Eli is a freelance writer and possess double graduation degree in physics and chemistry. She is an intense writer covering everything for Science and Tech to Business, Entertainment, Sports and Lifestyle.

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