Home > Semiconductors & Electronics > Automation > Robotics > Automotive Robotics Market

Automotive Robotics Market Share

  • Report ID: GMI210
  • Published Date: Aug 2017
  • Report Format: PDF
 Download Free Sample

Automotive Robotics Market Share

The key participants in the automotive robotics market are

  • KUKA
  • ABB
  • FANUC
  • Rockwell
  • Kawasaki Heavy Industries
  • Yaskawa

Other industry participants are

  • Comau
  • Denso Wave
  • Omron Corporation
  • Universal Robotsz

The industry is characterized by the presence of a few international and several local players competing to increase the market share.
 

Few SME are underpenetrated as they don’t observe any value in installing the products unless they get repeat orders and volume business. Moreover, they lack skilled resources and capital for the product operation. They can be persuaded to install the product through cost saving demonstrations in near future.
 

Major players such as KUKA, FANUC are immensely concentrating on their research activities to develop innovative products and eliminate its technological glitches. Moreover, the players are involved in strategic partnerships with the automobile vendors to provide product software upgradation and services by maintaining long term relationship.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of automotive robotics was USD 4 billion in 2016.

The industry share of automotive robotics is projected to witness more than 3.8% growth rate during 2017 to 2024.

According to this statistics report by GMI, the global industry demand will surpass 210,000 units by 2024.

Asia Pacific is one of the biggest revenue contributors to the automotive robotics industry. China has contributed momentously towards the development of the robots that cover packaging machinery, hydronics, welding, process equipment, SPS IPC drives, and fluid power.

Articulated robots are increasingly used in welding, material handling, material removal and dispensing applications. Given the rapid technological advancements, these robots now come with up to ten axes, which further boosts its versatility, accuracy and speed.

ABB, KUKA, Kawasaki Heavy Industries, FANUC, Rockwell, Yaskawa, Comau, Omron Corporation, Denso Wave, and Universal Robots are some of the prominent industry participants.

The electric grill market was valued at USD 4 billion in 2023 and is anticipated to register 5.2% CAGR between 2024 & 2032, driven by the rising demand for convenient and efficient cooking solutions.

The portable electric grill segment generated a revenue exceeding USD 2.2 billion in 2023 and is expected to reach USD 3.5 billion by 2032, as outdoor and recreational activities like camping and tailgating gain popularity.

Europe electric grill market generated a substantial revenue of USD 1.2 billion in 2023 and is expected to reach USD 1.8 billion by 2032, driven by rising preference for convenience and innovative cooking solutions.

Char-Broil, Cuisinart, Delonghi, George Foreman, Gotham Steel, Hamilton Beach, Kenmore among others.

Automotive Robotics Market Scope

  • Automotive Robotics Market Size
  • Automotive Robotics Market Analysis
  • Automotive Robotics Market Share

    • Buy Now

    Premium Report Details

    • Base Year: 2016
    • Companies covered: 18
    • Tables & Figures: 468
    • Countries covered: 24
    • Pages: 400
     Download Free Sample
    Download PDF Copy
    ×
    Get a free sample of Automotive Robotics Market
    Inquiry Before Buying
    Get special pricing options on this report
    Request Sectional Data
    Over 70% of our clients customize reports to fit their needs. Please tell us how you would like to customize yours below

    Your personal details will remain secure and confidential.