Global Market Insights, Inc.

Global Automotive Robotics Market by Product, Application 2019 Key Players ABB, FANUC America Corporation, KUKA Robotics, Rockwell Automation, Universal Robots A/S

North America automotive robotics market was over USD 1 billion in 2016 owing to automation, modernization, and robotization as the primary investments for OEMs.

 

Sellbyville, DE -- (SBWIRE) -- 01/26/2019 -- Automotive Robotics Market will surpass 210,000 units by 2024. The welding process is reportedly one of the toughest production processes in the automotive cosmos, and any excess involvement of humans in the operations may plausibly lead to musculoskeletal disorders. The application of robotics in the welding procedure has profound significance, given that the automated bots would keep laborers away from the welding and paint fumes, which would considerably stimulate automotive robotics market share.

Get Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/210

It has been observed that the usage of SCARA bots are quite commonplace in high-speed assembly operations due to the increasing demand for optimized productivity and zero bottlenecks. Automobile assemblies demand the perfection in tasks such as windshield installation, wheel mounting, and screw driving, all of which have been deemed as viable contenders for automation. The deployment of robots for mobilizing smaller assembly components to fabricate larger ones is also prevalent in recent times – a move which is likely to stimulate automotive robotics market from assembly line operations.

Assembly operations hold pivotal importance in the overall automobile manufacturing process. Automakers have been deploying automation for assemblies on a significantly large scale, pertaining to the factors of safety, high quality, and capacity. In addition, robots help to reduce the waste caused due to frivolous human errors, which would apparently lead to the lesser variability in the assembly. In consequence, this would be responsible for controlling the process at every stage of the assembly line in addition to maintaining the consistency in the time required for every process, which would indisputably lead to the growth of automotive robotics industry share from assembly operations.

Automotive Robotics Market By Product

- Articulated
- Cartesian
- SCARA
- Parallel
- Cylindrical

Automotive Robotics Market By Application

- Welding
- Handling operations
- Robotic processing
- Robotic assembly
- Paint & dispense
- Others

The profound significance that robotics holds in assembly applications is quite vivid from certain statistics. In consonance with the estimates compiled by analysts, assembly operations held more than 15% of the overall automotive robotics market share in 2016. Currently, the automotive manufacturing sector holds the record of having almost 90% of their final assembly operations performed with the help of automation. Furthermore, it is fundamental to mention that the demand for automation in body-in-white and powertrain assembly applications is indeed scaling tremendous heights, thereby augmenting automotive robotics industry size from assembly applications.

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/210

Germany has a powerful base of automakers, on the grounds of which it has been forecast that robotic applications would be deployed heavily across the automotive sector in the region. Subject to the extensive implementation of robotics, Germany automotive robotics industry is likely to gain a strong ground in the ensuing years. The expansion of this business space across Germany, UK, and Italy is certain to boost Europe automotive robotics market, which contributed nearly 25% toward the overall industry share in 2016.

As per estimates, the demand for robots from vehicle component suppliers increased by 53% in 2016, and that from automotive original equipment manufacturers rose by 32% in the same year. This goes to prove that automotive robotics industry has bright prospects across North America. In fact, research reports claim that North America automotive robotics market is expected to witness a lucrative growth over the coming years, having held a valuation of USD 1 billion in 2016.

Global industry consists of several players and the key players are ABB, KUKA, Fanuc, and Yamaha acquiring significant market share in 2016. Other notable players include Omron Corporation, Kawasaki Heavy Industries, Rockwell Automation, Staubli, and Universal Robots.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.