The global automotive robotics Market was valued at $15.1Billion in 2018 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2026, culminating in 2026 global sales of $16.8 Billion.
Automotive robotics is a virtual agent or mechanical. Automotive robots guided by an electronic circuitry or computer program is that an electro machine. Automotive involves a mechanical device that can control the action the people to do the work. Automotive robotics is a different type that moment capabilities of them are measured by the term degree of freedom. Automotive robotics are used for creating, control, & monitor the application of technology. it can be used of handling the operation of the equipment such as machinery, processors, stabilization of ships, aircraft, boilers & many application with minimum human effort. Robots are used in nearly every part of the automotive manufacturing in one way or another & it remains as one of the most highly automated supply chains in the world. There are many robotic applications which are most common in the automotive industry like machine tending & part transfer, Material Removing, robotic assembly, robotic welding, robotic painting, Collaborative robots.
“Optimal Price Point (OPP) for automotive robotics”
Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On an average, in the China Automotive robotics are available at USD xxx- USD xxxx. However, the high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.
Automotive RoboticsMarket “key product categories”
We have segmented the Automotive robotics based on key product categories as Articulated, Cartesian, Cylindrical, Polar, SCARA.
We have observed the significant growth of automotive robotics market by articulated products of robotics which dominates the market in terms of revenue. Articulated broadband is benefited the world help that business, service, and new application. Articulated are benefits that can serve as a negotiating tool, serve as a benchmark for the evaluation of project requesting public investment, articulates the will and value of the community, requires public deliberation, and requires a TIF education.
Automotive RoboticsMarket “by application”
We have segmented the automotive robotics market based on application assembly, Dispensing, Material Handling, and Welding.
We have observed the significant growth of automotive robotics market by welding application which dominates the market in terms of revenue. Welding is a material joining process which product heating by coalescence of material them by the application of pressure alone or without applying the pressure or to easily temperatures, and without or with the use of filler material. Welding used by shipbuilding, general repair works, boilers, furniture, tanks, structural works, machines frames, railway wagons, aircraft frames, and the manufacturing of automobile bodies.
China and India accounted for the maximum revenue share of over xx% in 2018 due to increased demand of Automotive robotics materials followed by EU- Top 5 countries contribute $X.6 Billion in 2018 and expected to reach $x.5 Billion by 2026.
The rapid growth of industries in the field of automotive and availability ofArticulated, Cartesian, Cylindrical, Polar, SCARAproducts option, create an impact in developing countries for the demand of Automotive robotics products
“Competitive Landscape” and“Merger & Acquisition Insights”
The key market participants include Kawasaki Heavy Industries, Ltd, Denso Corporation, Fanuc Corporation, ABB Robotics, Maxar Technologies Ltd, Yamaha Motor Co. Ltd, Nachi Robotic Systems Inc., Panasonic Corporation, Denso Corporation, Venus Pharma GmbH are few major players in Automotive robotics markets.TheAutomotive robotics market is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from these innovations& new product development are a major focus area for dominant companies.
Automotive Robotics Market key product category(Revenue, Million, 2018 – 2026)
Automotive Robotics Market by application (Revenue, Million, 2018 – 2026)
- Material Handling
Automotive Robotics Market Regional Outlook (Revenue, USD Million, 2018- 2026)
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
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