"Market Intelligence for High-Geared Performance"

Automotive Robotics Market Size, Share & Industry Analysis, By Type (Articulated, Cartesian, Cylindrical, SCARA, Others), By Application (Welding, Painting, Material Handling, Assembly/Disassembly, Others), and Regional Forecast, 2024-2032

Last Updated: June 03, 2024 | Format: PDF | Report ID: FBI105578

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The global automotive robotics market size was valued at USD 8.82 billion in 2023. The market is projected to grow from USD 9.92 billion in 2024 to USD 26.76 billion by 2032, exhibiting a CAGR of 13.2% during the forecast period.


The automotive robotics market refers to the sector of the robotics industry that focuses on providing robotic systems, solutions, and services for automating various manufacturing processes within the automotive industry. These robotics systems are designed to enhance efficiency, productivity, quality, and safety in automotive manufacturing plants by automating repetitive, labor-intensive tasks traditionally performed by human workers. The automotive robotics market encompasses a wide range of robotic applications and technologies tailored to meet the specific needs and requirements of automotive manufacturers.


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.


Automotive Robotics Market Trends


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.


Request a Free sample to learn more about this report.


Automotive Robotics Market Growth 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


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.


Automotive Robotics Market Segmentation Analysis


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 2023 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, 2023 (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 3.93 billion in 2023. Factors such as the aging worker population in China and rising labor costs are attributed to the increased adoption of robotics in automotive.


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 2023, 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 2023. 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.


List of Key Companies in Automotive Robotics Market


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 August 2023, KUKA AG announced that the company plans to introduce two systems for robotics education. The industrial automation provider also plans to show metalworking technologies with partners, as well as additive manufacturing offerings. FABTECH is North America's largest metal forming, fabrication, welding, and finishing event, according to organizer SME.


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:



  • In August 2023, KUKA AG announced that the company plans to introduce two systems for robotics education. The industrial automation provider also plans to show metalworking technologies with partners, as well as additive manufacturing offerings. FABTECH is North America's largest metal forming, fabrication, welding, and finishing event, according to organizer SME. KUKA will feature product demonstrations at Booth B27051 at McCormick Place in Chicago from Sept. 11 to 14.

  • In December 2023, ABB signed a contract with Volvo Cars to supply 1,300 industrial robots to help build its next generation of electric vehicles. Volvo will use ABB’s new IRB 6710, 6720, and 6730 industrial robots for a variety of tasks, including spot welding, riveting, dispensing flow drilling, and more.

  • In September 2023, ABB announced that the company will feature next-generation robotic technologies that enable businesses to adapt production to variable market efficiency demands at Automate 2023, May 22-25, at the Huntington Place Convention Center in Detroit, Michigan (Booth #5623).  The company is to deliver the benefits of the automation industry’s most exhaustive and integrated portfolio of industrial and cooperative robots, Autonomous Mobile Robots (AMRs), and machine automation solutions to companies of all levels of technical complexity.

  • In May 2023, ABB Robotics announced that it would display next-generation robotics intended to enable manufacturers to adapt production to variable market demands at Automate 2023 efficiently. The company will display at Booth 5623 in the Huntington Place Convention Center in Detroit from May 22 to 25.

  • In March 2023, ABB announced that the company would expand its Robotics factory in the US. An investment of USD 20 million will increase production at its existing Auburn Hills facility and strengthen ABB’s US leadership. A newly expanded, highly automated facility will create new jobs in the state of Michigan. Expansion featuring the latest in automated and advanced manufacturing processes to open November 2023.


REPORT COVERAGE


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.


To gain extensive insights into the market, Request for Customization


Report Scope & Segmentation
















































ATTRIBUTE



DETAILS



Study Period



2019-2032



Base Year



2023



Estimated Year



2024



Forecast Period



2024-2032



Historical Period



2019-2022



Growth Rate



CAGR of  13.2% from 2024 to 2032



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 8.82 billion in 2023 and is projected to reach USD 26.76 billion by 2032.

In 2023, the Asia Pacific market value stood at USD 3.93 billion.

The market will exhibit a growth rate of 13.2% over the forecast period (2024-2032).

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 2023.

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
  • 2019-2032
  • 2023
  • 2019-2022
  • 200

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

Asahi
Bosch
Hitachi
Hyundai
Toshiba

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“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