"Market Intelligence for High-Geared Performance"

Automotive Robotics Market Size, Share & COVID-19 Impact Analysis, By Type (Articulated, Cartesian, Cylindrical, SCARA, Others), By Application (Welding, Painting, Material Handling, Assembly/Disassembly, Others), and Regional Forecast, 2021-2028

Region : Global | Format: PDF | Report ID: FBI105578

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The global automotive robotics market was valued at 6.55 billion in 2020 and is projected to grow from USD 6.99 billion in 2021 to USD 16.29 billion in 2028, exhibiting a CAGR of 12.8% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. Based on our analysis, the global market had exhibited a higher growth of 9.58% in 2020 as compared to 2019.


With the increasing complexity of automobile production, auto manufacturers increasingly incorporate industrial robots in the manufacturing process. They provide a competitive advantage to automotive companies. They relieve bottlenecks, improve quality, increase capacity, reduce warranty costs and protect workers from dangerous jobs. Robotics in automotive is primarily used in assembly plants for functions such as painting and welding. However, with increasing technological advancements such as autonomous robots, they represent significant revenue potential throughout the supply chain. Hence, these factors will influence the growth of the market.


Increased Automation of Production Line due to COVID-19 will Fuel Growth


Globally, COVID-19 has caused a significant loss of revenue to automakers as production was entirely halted during the first two months of the pandemic-induced lockdown. Even though restrictions were lifted in several countries during the third quarter in 2020, capacity constraints caused a significant decline in production. These factors have caused a temporary decline in expenditure towards high-level automation of manufacturing plants. However, robotics in automotive provide manufacturers a strong incentive for modernization and digitalization of production.


Automation offers a solution to manufacturers that have been compelled to operate with a truncated workforce. For instance, the semiconductor shortage has led manufacturers to throttle production since Q4 2020 and is expected to continue until Q3 2021. In response, several developed countries such as the U.S. and Germany have announced concrete measures to shore up domestic production. Automation with the help of advanced solutions such as collaborative robots (cobots) allow manufacturers to restore production without losing cost efficiency.


Hence, the advantages of increasing robot installations continue to be the same in the long term. The range of solutions also continues to expand with conventional robots that can handle all payloads and new cobots, fully integrated into the production line and capable of safely working alongside employees. Hence, the pandemic will accelerate the adoption of automotive robots on the shop floor in the long run.


LATEST TRENDS


Request a Free sample to learn more about this report.


Significant Jump in Robot Implementation by Manufacturing SMEs Will Positively Influence Growth


According to Minkyo Kim, CEO of Bigwave Robotics, robots were used mostly by medium-sized and large enterprises in the manufacturing space. However, as robotic solutions have become more cost-competitive and user-friendly, adoption is increasing among small-to-medium-sized companies (SMEs).


For instance, according to the International Federation of Robotics, 77 domestic collaborative robots were installed by a semiconductor equipment supplier in Korea. This resulted in an increase in productivity by 50%. Previously, robot implementation at this scale was affordable to only large enterprises. Hence, the increase in accessibility can result in more widespread adoption of robotics in automotive. These factors will positively influence the growth of the market.


DRIVING FACTORS


Automotive Manufacturing Quality Gains Will Drive Growth of Market


Part-to-Part variability is reduced with the help of car factory robots. As they never get distracted or tired, every cycle is highly repeatable and performed the same way. They don’t handle parts in a way or drop them that can cause damage. Hence, waste caused by human error is eliminated, which also results in car assembly with less variability. As they are equipped with vision systems, automotive robots can even adapt programmed paths to suit variations in incoming materials. This leads to fewer mistakes, higher customer satisfaction, and lower warranty costs. Hence, automotive manufacturing quality gains will drive the growth of the market.


Protecting Workers Will Augment Market Growth


In automotive manufacturing, several jobs are hazardous in nature. For instance, in a foundry, there is an obvious danger when pouring molten metal. Some jobs can also result in musculoskeletal disorders caused by twisting, lifting, and repetitive motions. These risks can be reduced with the help of robots. During vehicle assembly, robots safeguard workers from exposure to fumes from painting and welding and stamping presses, noise and weld flash. Automotive robotics substantially cut injury claims and accidents by reducing worker exposure to such dangerous environments and dirty tasks. Hence, these factors will drive the automotive robotics market growth.


RESTRAINING FACTORS


High Cost of Integration to Restrain Growth


In November 2020, the Massachusetts Institute of Technology published a study titled The State of Industrial Robotics. According to the report, although the cost of robot hardware has decreased over the last few years, it only accounts for a small part of the overall integration cost in a manufacturing line. According to a well-known robotics integrator participating in the study, robots are now cheaper; however, integration is not. Moreover, if the manufacturing line undergoes even small changes, robot work cells need to be redesigned and repurposed by integrators.


Several companies attributed the high integration cost as a barrier to increased implementation. High integration costs are prohibitive to SMEs with smaller production lots, and attempting to integrate new robotic technologies with 15 to 20-year-old infrastructure can weigh down large companies. Hence, these factors will restrain the growth of the market.


SEGMENTATION


By Type Analysis


Articulated Segment to Hold Largest Share Owing to Ease of Operation


By type, the market is segmented into articulated, cartesian, cylindrical, SCARA, and others.


The articulated segment held the largest share of the market. Articulated robots are highly versatile and can be used across various applications such as dispensing, loading & unloading, packaging, and welding. Hence, these factors will fuel the growth of the segment during the forecast period.


The SCARA segment is expected to show substantial growth in the market. Factors such as high flexibility due to a broad movement range, more accurate control, and smaller footprint are attributed to the increasing adoption of SCARA robots.


The Cartesian segment is expected to show steady growth in the market owing to its capacity to operate heavy payloads and reduce cycle times with highly repeatable and fast movements.


The Cylindrical segment is also expected to show good growth in the market due to their ease of use, low space requirements compared to Cartesian robots, and high usage in assembly operations.


By Application Analysis


To know how our report can help streamline your business, Speak to Analyst


Welding Segment Dominated in 2020 Propelled by Substantial Efficiency Gains in Production


By application, the market is segmented into welding, painting, material handling, assembly/disassembly, and others.


The welding segment held the largest share of the market in 2020. Factors such as enhancing safety and efficiency on the production line and improving the speed of multi-material vehicle production are attributed to the increasing adoption of welding robots.


The material handling segment is expected to show significant growth in the market. Material handling includes several functions such as loading and unloading, packing, and palletizing. Using robots in material handling eliminates several errors involved in manual operation, such as order packing errors, conveyor stoppage due to slower pick speeds, and longer idle time. Hence, these factors will fuel the growth of this segment.


Further, the painting segment is also expected to show steady growth in the market due to continuous technological advancement that has made them faster in operation, lighter, and easy to integrate.


REGIONAL INSIGHTS


Asia Pacific Automotive Robotics Market Size, 2020(USD Billion)

To get more information on the regional analysis of this market, Request a Free sample


Asia Pacific held the largest automotive robotics market share and stood at USD 2.88 billion in 2020. Factors such as the aging worker population in China and rising labor costs are attributed to the increased adoption of robotics in automotive. For instance, in 2019, Byton, the Chinese electric vehicle manufacturer, opened a new manufacturing base in Nanjing that integrates 335 welding robots supplied by KUKA and a 99% automation rate. Hence, these factors are attributed to the exponential growth of the market in this region.


North America is anticipated to exhibit significant growth during the forecast period. According to the US Department of Labor Job Openings and Labor Turnover, as of January 2020, around 80% of manufacturers were struggling to fill over 400,000 open positions. However, manufacturers can now slowly address the shortage due to the advancement in automotive robotics solutions.


Major automakers in the U.S., such as Ford, Tesla, and General Motors, have invested extensively in automotive robotics. It not only increases worker productivity; it also offers better-paid and higher-skilled work to employees. For instance, according to the International Federation of Robotics, in the U.S., robots installed per 10,000 employees hit a new record of 1,287 units in 2020. Hence, these factors will propel the growth of the market in the region.


Europe is also expected to show considerable growth in the market. Significant post-pandemic supply chain realignment focusing on boosting domestic production across the auto manufacturing value chain will drive the demand for automotive robotics in this region.


KEY INDUSTRY PLAYERS


Strategic Partnerships with Leading Automakers to Strengthen the Leading Position of KUKA AG in the Market


Extensive product portfolio and long-standing partnerships with leading OEMs have enabled KUKA AG to capture a larger share of the market. For instance, in April 2021, KUKA and Daimler AG signed a new framework contract for the coming years. The order includes a four-figure number of linear units, robots, and other technologies such as software and controllers. The products and solutions developed by KUKA will be used to produce bodies in white and drive trains at various locations over the next few years. Hence, these factors will strengthen the leading position of the company in the market.


LIST OF KEY COMPANIES PROFILED:



  • ABB Ltd. (Zurich, Switzerland)

  • KUKA AG (Augsburg, Germany)

  • FANUC Corporation (Yamanashi, Japan)

  • Yaskawa Electric Corporation (Fukuoka, Japan)

  • Kawasaki Heavy Industries (Tokyo, Japan)

  • Denso Wave Incorporated (Aichi, Japan)

  • Comau SPA (Grugliasco, Italy)

  • Nachi-Fujikoshi Corp. (Tokyo, Japan)

  • Rockwell Automation, Inc. (Wisconsin, U.S.)

  • Seiko Epson Corporation (Nagano, Japan)


KEY INDUSTRY DEVELOPMENTS:



  • November 2020 – KUKA AG received a major order from Volkswagen Commercial Vehicles for body-in-white production of the ID.BUZZ. KUKA is responsible for commissioning, assembling, delivering, and planning a fully automated body shop system for the underbody of the all-electric ID. BUZZ.

  • April 2020 – KUKA AG and BMW AG signed a framework agreement to supply around 5,000 robots for new production lines and factories. The several robot models from KUKA AG will be used predominantly in body-in-white production and other technologies.


REPORT COVERAGE


An Infographic Representation of Automotive Robotics Market

To get information on various segments, share your queries with us



The market research report covers a detailed analysis of the industry and focuses on key aspects, such as leading companies, product types, and leading applications of the product. Besides this, it offers insights into the market trends and highlights key industry developments. In addition to the aforementioned factors, the report delivers an in-depth market analysis of several factors that have contributed to its growth over recent years.


Report Scope & Segmentation












































ATTRIBUTE



  DETAILS



Study Period



2017-2028



Base Year



2020



Estimated Year



 2021



Forecast Period



2021-2028



Historical Period



2017-2019



Unit



Value (USD Billion)



Segmentation



By Type



  • Articulated

  • Cartesian

  • Cylindrical

  • SCARA

  • Others



By Application



  • Welding

  • Painting

  • Material Handling

  • Assembly/Disassembly

  • Others



By Geography



  • North America (By Type, By Application)

    • U.S.

    • Canada

    • Mexico



  • Europe (By Type, By Application)

    • U.K.

    • Germany

    • France

    • Rest of Europe



  • Asia-Pacific (By Type, By Application)

    • China

    • Japan

    • India

    • South Korea

    • Rest of Asia Pacific



  • Rest of the World (By Type, By Application)



Frequently Asked Questions

Fortune Business Insights says that the global market size was USD 6.55 billion in 2020 and is projected to reach USD 16.29 billion by 2028.

In 2020, the Asia Pacific market value stood at USD 2.88 billion.

The market will exhibit a growth rate of 12.8% in the forecast period (2021-2028).

The welding segment is expected to lead this market during the forecast period.

Benefits of automotive robotics such as protecting workers and manufacturing quality gains are the key factors driving the growth of the market.

KUKA AG, FANUC Corporation, and ABB Ltd. are the major players in the global market.

The Asia Pacific held the largest share in the market in 2020.

Increasing implementation of Industry 4.0 principles in developing countries that aim to automate conventional manufacturing methods is expected to drive the adoption of automotive robotics during the forecast period.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts

Speak to an Expert
  • Jan, 2022
  • 2020
  • 2017-2019
  • 200

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $6850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Automotive & Transportation Clients

KIA
Bosch
Hitachi
Toshiba
Deloitee

Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X