Aerospace Robotics Market, by Robot Type (Traditional Robots, Collaborative Robots), Component (Controllers, Arm Processor, Sensors, Drive, End Effectors), Payload, Application and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America), The global aerospace robotics market size is projected to reach USD 5 billion by 2026 at a CAGR of 11.5% from USD 3 billion in 2021 during the forecast to 2028.
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Key Players of Aerospace Robotics Market
· Kuka AG
· ABB Group
· FANUC Corporation
· Yaskawa electric corporation
· Festo
· Comau
· Stäubli
· Boston Dynamics
· Omron Adept Technology, Inc.
· Seiko Epson
· Kawasaki Heavy Industries, Ltd and More
With the surge in the manual labour cost and the usage of robot’s efficient aircraft production processes are some of the factors that have supported long-term expansion for Aerospace Robotics Market.
Asia Pacific is expected to be the largest market during the forecast period. With the acquisition of robotics system and with research and development in the sector have led to the expansion of market in the region.
Aerospace Robotics Market is segmented into robot type, component, application, payload and geography.
On the basis of Solution
· Traditional robots
· Collaborative robots
On the basis of Component
· Controller
· Sensor
· Drive
· End effector
On the basis of Application
· Drilling & Fastening
· Non-destructive testing & Inspection
· Welding & soldering
· Sealing & dispensing
· Processing
· Handling
· Assembling & disassembling
On the basis of Payload
· up to 16.00 kg
· 16.01–60.00 kg
· 60.01–225.00 kg
· More than 225.00 kg
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Recent Developments of Aerospace Robotics Market
In October 2021, Tecnoideal signed a contract with ABB industrial robots for its automated applications.
In August 2021, FANUC received a major order in the field of e-mobility. Scheduled for delivery in 2022, the company will supply the Cologne plant of Ford with around 500 robots to assist in the construction of electric car bodies.
The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
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· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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