Industrial Robots for Automotive Industry: Global Market Outlook – Rising Demand, Share, Trends, Growth, Opportunities and Top Key

In a recent published report, Kenneth Research has updated the Market report for Industrial Robots for Automotive Industry: Global Market 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 Analysis 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) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst 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 Industrial Robots for Automotive Industry: Global Market Products.

Download Sample of This Strategic Report: –https://www.kennethresearch.com/sample-request-10077729

Artificial Intelligence (AI) including robotics will be one of the key technologies to support the major growth of global economy. Automotive industry has been the largest consumer of industrial robots for years. Both unit shipment and sales revenue of industrial robots in automotive manufacturing are forecast to grow at two-digit CAGRs throughout 2016-2022.

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.

Industrial Robots for Automotive Industry: Global Market 2016-2022 examines the worldwide market of industrial robotics through a comprehensive summary and analysis of premium information sources. With a review of market environments and automotive industry trend in the world, this report provides an in-depth and detailed analysis of market structure, the major industrial players/vendors, end-users, product types, application fields, geographical landscape, and market forces. In most analysis, historical statistics together with market outlook cover the 2014-2022 period in terms of unit shipment as well as sales revenue.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Download Sample of This Strategic Report: –https://www.kennethresearch.com/sample-request-10077729

Qualitative market analyses include identification and discussion of market structure, market overview, growth drivers, restraints and challenges, emerging market trends/opportunities, Porter’s Fiver Forces as well as M&A landscape and fundraising trend (IPO and VCI).
Worldwide industrial robot markets for automotive industry by end-users compose of industrial robotics solutions in Vehicle Manufacturing, Component Manufacturing, and others. Vehicle Manufacturing has been so far attracting the majority of new installations while applications in Component Manufacturing and others are enjoying higher growth rates.
By application, the market is segmented into Material Handling, Spot Welding, Arc Welding, Coating & Dispensing, Assembling, and others. Material Handling, Spot Welding, Arc Welding account for the majority of the industrial robots in global automotive industry.
By product type, the market is divided into articulated robots, Cartesian robots, SCARA robots, and other robots (cylindrical robots, polar robots, delta robots, parallel robots, etc.). Articulated robotics segment gains most of the shares in automotive manufacturing and are replacing other types of industrial robots.
Geographic sub-markets include regions like North America, Europe, Asia-Pacific region, Latin America and the rest of world (RoW). Specific analysis and forecast over 2014-2022 have been covered for industrial robots market for automotive industry in important economics such as U.S., China, Japan, Germany, South Korea, and Mexico. Asia-Pacific region remains the largest regional market in global industrial robots for automotive manufacture in terms of sales volume as well as annual revenue, followed by European market and North America region. APAC also holds the strongest growth potential for the future market with China and Southeast Asian countries expected to be the driving engines for the growth.
The market data and forecast trends are highlighted by 4 tables and 73 figures. Current competitive scenario about major vendors are included. The global leading vendors of industrial robots for automotive industry are studied and profiled.
This comprehensive report from GMD provides valuable information and the tools needed to successfully derive critical business decisions with a thorough understanding of the market’s emerging trends. The report will save clients a lot of research time on a global market and offer significant assistances in identifying and expanding business opportunities in the global industry.
Key Players:
ABB Ltd.
Fanuc Corp.
Kuka AG
Yaskawa Electric Corp.
Adept Technology Inc.
Denso Wave
Epson Robotics
Kawasaki Robotics
Mitsubishi Electric Corp.

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

Request for Full Report:https://www.kennethresearch.com/sample-request-10077729

About Kenneth Research:

Rated as one of the best multi-client reselling agencies, Kenneth Research provides a single platform for insights on numerous industries for investors and companies who are willing to expand their business. The platform caters to industries that include Healthcare and Pharmaceuticals, Chemicals, ICT and Telecom, Energy and Power, Automotive and Transportation, and several others, and offers the best strategic business consultancy services at a global level.

Contact Us

Name: Kenneth research

Email: sales@kennethresearch.com

Phone: +1 313 462 0609