The global Automotive Robotics Market size is expected to value at USD 13.6 billion by 2025. The market is subject to witness a substantial growth due to the rising implementation of automation and robotics in the automotive sector. Rising adoption of automation and robotics in manufacturing processes has changed overall outlook of the automotive industry since last few decades. Additionally, rise in initiatives taken by the regional governments to promote use of automation in manufacturing processes are likely to boost the sales of automotive robots. Such initiatives by regional government include tax exemptions and tax cut, thus reducing overall manufacturing cost and elevating the manufacturing opportunities for industry players across the globe. Such factors are anticipated to drive the growth of the market in upcoming years.

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Globally, the automotive robotics market is predicted to grow at CAGR of 13.8% in forecast period, providing numerous opportunity for market players to invest for research and development in the market. Articulated robotics is one of the fastest growing segment in automotive robotics industry with highest revenue generation in recent years. Increasing adoption of articulated robot is credited to its numerous advantages such as flexibility and degree of freedom. Articulated robots are primarily used in application involving large-scale assembly line with six axes movement.

Some of these application include welding, material handling, dispensing and material separation. These robots are specifically designed to perform mundane tasks in a restricted time frame. Increasing number of application of automotive robots in industrial manufacturing processes is a key factor responsible for the growth of the automotive robotics industry.

Increasing adoption of robotics in automotive industry is credited to rising application of robots in different aspects of the production line due to their large-scale work envelope. Latest trends involving increasing adoption of the robots for spot welding application is expected to propel growth of the automotive robotics market in coming years. Selective compliance assembly robot arm (SCARA) robots has witnessed higher CAGR in the automotive robotics industry during the forecast period. Wide range of application of SCARA robots include vertical assembly operations, loading and unloading of heavy work-pieces, transferring of components, and assembly.

Other types of robots like Cartesian, cylindrical and polar robots are majorly utilized in painting, and drop & pick operations with smaller payload capacity. While an assembly robot such as articulated robotics need smaller space for its operations, and work with high precision and speed.

Furthermore, adoption of the automotive robots in the vehicle manufacturing gives an organization multiple competitive advantages over other manufactures. Some of these advantages include superior quality, lower maintenance costs, higher capacity and superior performance with minimum human intervenes. Major application of the robots during vehicle manufacturing include spot welding and painting, also adoption of the robots during in the supply chain operations is on the rise.

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Early adoption of the automotive robots in supply chain operation leads to minimum production delays. Automotive industries need to follow specific time frame during manufacturing processes coupled with process control at each step in the production line. Thus adoption of automotive robotics has become vital in recent years. Such factors are spurring the demand of automotive robots in recent years.

The market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the adoption of latest technologies and existence well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the automotive robotics market with massive growth in forecast period.

Countries such as Korea, China and Japan are leading the Asia-Pacific market with increase in the domestic manufacturing, rise in the adoption of robotics and numerous joint ventures with foreign companies. The key players in the automotive robotics industry are ABB Robotics, Fanuc Co., Denso Co., Kawasaki Heavy Industries Limited and Cisco Systems, Inc.

Market Segment:

Automotive Robotics Product Outlook (Revenue, USD Million, 2014 - 2025)
• Articulated
• Cartesian
• Cylindrical
• Polar/Spherical
• SCARA

Automotive Robotics Application Outlook (Revenue, USD Million, 2014 - 2025)
• Assembly
• Dispensing
• Material Handling
• Welding
• Others

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Automotive Robotics Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• France
• UK
• Asia Pacific
• China
• Japan
• Korea
• Taiwan
• Latin America
• Brazil
• Mexico
• Middle East & Africa

Industry Insights

Globally, the mobile robotics market valued at USD 4.43 billion in 2014 and is presumed to reach USD 10.60 billion by 2020. Rapid industrialization and growing need for automation to improve the efficiency in the production and to augment the quality process; mobile robotics is significantly evolving its market globally. Mobile robots represent powerful robots which act on a variety of operations according to their programmed configurations.

Advancement in mobile robotics technology is significantly evolving in different functional areas as defense, warehousing, medical& healthcare, and logistics. It aids the humans in managing a specific set of task to overcome the human restraining and efficient in saving the cost of production.
Optimized use of the resource in terms of labor cost, aging workforce and growing demand for productivity are presumed to impel the demand for the market growth. Furthermore, high initial investment and time consumption in particular set of functional areas such as manufacturing, marketing, and Research & Development are expected to be constraints for the market growth.

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Product Insights
On the basis of products, the mobile robotic market is segmented into Unmanned Ground Vehicles (UGV), Unmanned Surface Vehicles (USV), Unmanned Aerial Vehicles (UAV) and Autonomous Underwater Vehicles(AUV). UGV is presumed to be the leading the segment over the projected year attributed to rising demand in the implementation in areas of military and defense agencies. UAVs are presumed to witness a substantial increase throughout the projected period associated with significant increase in the areas of photography, defense, wildlife research and survey, military, surveying and mapping, and security applications.
The USVs has been impelled by cost-efficient wireless data system and global positioning system, which supposed to continue over the next few years.

Application Insights
By end-use, the mobile robotic market is bifurcated into service and industrial segment. The traditional industrial application covers warehousing &distribution, coating & dispensing and painting and de-painting. Service segments comprised of personal and professional end-use. Personal end-use comprised of domestic purposes such as maintenance, cleaning, and entertainment. Professional end-use covers logistics, agricultural, forest harvesting, medical, mining, and military & defense.
Reduced price of cameras and sensors and feasible and accessibility of open source software development platforms are propelling factors for the increased demand for domestic robots for personal end-use such as vacuum cleaners and lawn movers. Combining the mobile robots with mobile technologies and smart appliances is presumed to enhance the profitability of personal service mobile robots.

Regional Insights
With the increase in number of terror attacks in different regions of Asia Pacific region, there has been increase in demand of military agencies to keep stringent surveillance system over such activities thus contributing factor of Asia-Pacific region such as India, China, Japan, South Korea and Australia for their dominance in the market and continue to increase growth over the projected years. Domestic robots are extensively used in countries of the US, Japan, Germany, and France for the cleaning and maintenance purpose. The U.S is expected to lead the R&D investment on UAV technology over the next ten years.

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Competitive Insights
The major players of mobile robotics players include Northrop Grumman Corporation (U.S.), iRobot Corporation (U.S), Google Inc(US), GeckoSystems Intl. Corp. (U.S.), Bluefin Robotics Corporation (U.S.), ECA Group (France), Honda Motor Co., Ltd. (Japan)., Adept Technology, Inc. (U.S.), KUKA AG (Germany), Amazon.com Inc (U.S).

Market Segment:

Mobile Robotics Product Outlook (Revenue, 2012 – 2020)
• Unmanned Ground Vehicles (UGVs)
• Unmanned Aerial Vehicles (UAVs)
• Unmanned Surface Vehicles (USVs)
• Autonomous Underwater Vehicles (AUVs)

Mobile Robotics Application Outlook (Revenue, 2012 – 2020)
• Industrial
• Service

Mobile Robotics Regional Outlook (Revenue, 2012 – 2020)
• North America
• Europe
• Asia Pacific
• RoW

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Report on the Inspection Robotics Market 2018 highlights the detailed study of market containing production, overview, dimensions, producers, value, price, income, deals, growth rate, consumption, export, import, sales revenue, supply, future plans and the technological developments for the comprehensive analysis of the Inspection Robotics Market.

Surgical Robotics Market is estimated to value over USD 8.9 billion by 2027 end and register a CAGR of 22.4% from the forecast period 2020-2027.

The report initiates from the outline of business surroundings and explains the commercial summary of chain structure. Moreover, it analyses forecast By Type, By Application, By Region and Surgical Robotics Market.

Additionally, this report illustrates the corporate profiles and situation of competitive landscape amongst numerous associated corporations including the analysis of market evaluation and options associated with the worth chain. This report provides valuable insights on the general market profit through a profit graph, an in depth SWOT analysis of the market trends alongside the regional proliferation of this business vertical.

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Market Segmentation:

This Market is divided By Type, By Application and By Region.

Regionally, the worldwide Surgical Robotics Market is fragmented as North America, Europe, Asia Pacific and also the rest of the world.

Key Market Players:

Major market players enclosed within this market are

• INTUITIVE SURGICAL
• STRYKER
• MAZOR ROBOTICS
• MEDTECH S.A
• THINK SURGICAL
• RESTORATION ROBOTICS
• MEDROBOTICS
• TRANSENTERIX
  

(Note: The list of the key players are going to be updated with the most recent market scenario and trends)

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FutureWise Key Takeaways:

• Growth prospects
• SWOT analysis
• Key trends
• Key data-points touching market growth

Competitive Landscape:

• Tier 1 players- well-established companies in the market accounting a major market share  
• Tier 2 players 
• Rapidly growing players
• New Entrants

Objectives of the Study:

• To offer with an complete analysis on the Surgical Robotics Market By Type, By Application and By Region
• To cater comprehensive data on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To measure and forecast micro-markets and also the overall market
• To predict the market size, in key regions — North America, Europe, Asia Pacific and rest of the world
• To record and evaluate the competitive landscape mapping - product launches, technological advancements, mergers and expansions

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