Aerospace robotics market is projected to grow from USD 1.81billion in 2016 to USD 4.54billion by 2022, at a CAGR of 16.55% during the forecast period.
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Top Companies Analyzed for Aerospace Robotics Market are –
- KUKA AG (Germany)
- ABB Group (Switzerland)
- FANUC Corporation (Japan)
- Yaskawa Electric Corporation (Japan)
- Kawasaki Heavy Industries, Ltd. (Japan)
- Industrial Designs M.Torres, Sau
- Oliver Crispin Robotics Limited
- Gudel AG
- Electroimpact Inc.
- Universal Robots A/S
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North America is estimated to account for the largest share of the aerospace robotics market in 2016. The aviation industry in North America has witnessed considerable growth over the past few years, owing to increase in the number of aircraft orders. To cater to this surplus aircraft orders, leading aircraft manufacturers, such as Boeing (U.S.), have started employing aerospace robotics for their manufacturing and assembly operations in the region. Asia-Pacific is estimated to be the fastest-growing market for aerospace robotics systems, due to growth of the region’s aviation industry.
Based on technology, the traditional segment is estimated to account for the largest share of the aerospace robotics market in 2016. Traditional robots, designed and programmed to work autonomously, are extensively used in aircraft manufacturing. These robots are used for various applications, such as drilling, fastening, welding, paints &coating, material handling, assembly, and inspection, among others.
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- Aircraft Manufacturers
- Aerospace Robot Suppliers
- Aerospace Robot Manufacturers
- Aerospace Robot System Integrators
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This research report categorizes the aerospace robotics market on the basis of type (SCARA, cylindrical, articulated, cartesian, and others), component (controller, arm processor, end effector, drive, sensors), technology (traditional and collaborative);and maps these segments and subsegments across major regions, namely, North America, Europe, Asia-Pacific, and the rest of the world (RoW).
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