Industrial Robots Market in Automotive Industry to grow by USD 3.97 Bn | APAC to Occupy 67% Market Share | Technavio | State

NEW YORK, Oct. 12, 2021 /PRNewswire/ — The industrial robots market in the automotive industry is set to grow by USD 3.97 billion from 2021 to 2025, accelerating at a CAGR of almost 7%, according to the latest research report from Technavio.

Make confident business decisions based on qualitative and quantitative evidence highlighted in the complete report.

Download Free Sample Report Now!

The report on the industrial robots market in the automotive industry provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report identifies the increasing adoption of lean and flexible manufacturing as one of the major factors driving the growth of the market. Also, the advent of IoT and Industry 4.0 will be crucial in fueling the growth of the market over the forecast period.

The industrial robots market in the automotive industry is segmented by application (material handling, assembly line, welding, painting and dispensing, and others) and geography (APAC, Europe, North America, South America, and MEA).

This report presents a detailed picture of the industrial robots market in the automotive industry by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters

The industrial robots market in the automotive industry covers the following areas:

Industrial Robots Market In The Automotive Industry Sizing

Industrial Robots Market In The Automotive Industry Forecast

Industrial Robots Market In The Automotive Industry Analysis

Companies Mentioned

  • ABB Ltd.
  • Comau Spa
  • DENSO Corp.
  • FANUC Corp.
  • Midea Group Co. Ltd.
  • Seiko Epson Corp.
  • Mitsubishi Electric Corp.
  • Kawasaki Heavy Industries Ltd.
  • Universal Robots AS
  • Yaskawa Electric Corp.

Subscribe to our “Lite Plan” billed annually at USD 3000  to join a community, who are eligible to view 3 reports monthly and download 3 reports annually.

Related Reports:

Global Collaborative Robots Market – Global collaborative robots market is segmented by application (material handling, assembly, inspection and testing, welding, and painting and dispensing) and geography (Europe, APAC, North America, South America, and MEA).

Download Exclusive Free Sample Report

Global Foundry and Forging Robots Market – Global foundry and forging robots market is segmented by end-user (metal foundry industry, automotive industry, and semiconductor foundry industry) and geography (APAC, North America, Europe, South America, and MEA).

Download Exclusive Free Sample Report

Industrial Robots Market in the Automotive Industry Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of almost 7%

Market growth 2021-2025

USD 3.97 billion

Market structure

Fragmented

YoY growth (%)

3.23

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 67%

Key consumer countries

China, US, Japan, Germany, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ABB Ltd., Comau Spa, DENSO Corp., FANUC Corp., Midea Group Co. Ltd., Seiko Epson Corp., Mitsubishi Electric Corp., Kawasaki Heavy Industries Ltd., Universal Robots AS, and Yaskawa Electric Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/industrial-robots-market-in-automotive-industry-to-grow-by-usd-3-97-bn–apac-to-occupy-67-market-share–technavio-301396832.html

SOURCE Technavio