Aerospace Robotics Market is projected to grow $5,687 million by 2022, growing at a CAGR of 17.2%. The robotics technology is used in aerospace industry for variety of applications during the manufacturing of aircraft components including welding, drilling, painting, material handling, cutting, assembly automation, and fabrication of engines. The aerospace robotics market offers automation, precision, and accuracy in repetitive tasks done in the manufacturing procedure.
Global Aerospace Robotics industry has witnessed rapid growth in the recent years, owing to growing need of automation for the efficient aircraft production. In addition, increasing labor cost across the world contributes to the market growth. However, lack of skilled workforce and high installation cost of robotic devices hamper the market growth. Moreover, upsurge in IoT (Internet of Things) trends in aircraft manufacturing companies and high paced growth in aerospace industry globally are expected to create numerous opportunities for the market during the forecast period.
Major Key Players of the Aerospace Robotics Market are:
ABB Group, KUKA AG, Fanuc Corporation, Yaskawa Electric Corporation, Mitsubishi Electric Corporation, JH Robotics, Inc., Oliver Crispin Robotics Limited, Electroimpact Inc., Universal Robots A/S, AV&R Vision & Robotics
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The global aerospace robotics industry is expected to grow at a prominent rate during the forecast period. Technological advancements, including nanotechnology, 3D vision technology, artificial intelligence, cloud computing, drive growth of the collaborative robots in the aerospace sector. Government expenditure for the development of aerospace and defense sector is one of the major factors that drives the market growth in North America. There is continuous economic development among various countries such as India, China, Malaysia, and Singapore, which is expected to provide numerous growth opportunities in Asia-Pacific region.
Major Types of Aerospace Robotics covered are:
Others (Cylindrical, Spherical, SCARA, and Parallel)
Major Applications of Aerospace Robotics covered are:
Others (Cutting, Assembly Automation, and Material Handling)
– To study and analyze the global Aerospace Robotics consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Aerospace Robotics market by identifying its various sub-segments.
– Focuses on the key global Aerospace Robotics manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Aerospace Robotics with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Aerospace Robotics Market Size
2.2 Aerospace Robotics Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Aerospace Robotics Market Size by Manufacturers
3.2 Aerospace Robotics Key Players Head office and Area Served
3.3 Key Players Aerospace Robotics Product/Solution/Service
3.4 Date of Enter into Aerospace Robotics Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Aerospace Robotics Sales by Product
4.2 Global Aerospace Robotics Revenue by Product
4.3 Aerospace Robotics Price by Product
5 Breakdown Data by End User
5.2 Global Aerospace Robotics Breakdown Data by End User
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In the end, Aerospace Robotics industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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