Automotive Robotics Market | Growth, Trends, Forecasts (2021 - 2027)

Posted November 1, 2021 by AakeshReddy

The new business report on the "Automotive Robotics Market" published by is forecasted to see significant growth during the forecast period

Automotive Robotics Market is projected to grow up to USD 15.2 billion by 2027 growing at a CAGR of 14% during the forecasting period 2021-2027.

Automotive robot systems are utilised to assist in the manufacturing process in the automotive industries, such as assembling, welding, cutting, dispensing, and painting. Automotive robots in the manufacturing process help to reduce operational costs by enhancing quality and operational flexibility, minimising production and manufacturing errors, and eliminating raw material waste. Automobile manufacturers are using robotics in their manufacturing processes because they give various advantages, including increased precision, efficiency, flexibility, and dependability on the assembly line. Because of the broad use of automotive robotics, the automotive industry has become the world's most automated industry, as well as one of the world's largest buyers of industrial robots. Furthermore, automotive manufacturing robots provide a competitive advantage to automotive enterprises by enhancing quality, boosting capacity, cutting warranty costs, and shielding employees from demanding and dangerous responsibilities.
The global automotive robots market is still in its early stages of development. The growing demand to boost productivity and improve the work environment by reducing industrial accidents and enhancing employee safety is propelling the global market for automotive robots. The market is predicted to grow rapidly in the future years, owing mostly to increased technological research & development and a drive for more sustainable manufacturing processes, as well as the need to minimise operating costs in a car manufacturing facility. Furthermore, increased investments in automated manufacturing facilities and significant investments in emerging regions are expected to have a beneficial impact on worldwide market growth.

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The Automotive Robotics Market report has been categorized as below
By Product Type
Articulated Robots
Cartesian Robots
Cylindrical Robots
SCARA Robots
By Component
Robotics Arm
End Effector
By Application
Primary Manufacturing Process Robots
Secondary Manufacturing Process Robots
Material Handling, Palletizing & Packaging
By Region
● North America
● Europe
● Asia Pacific
● Rest of World
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Last Updated November 1, 2021