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Robotics Controller: A promising market due to growing global demand for automotive robotics

Development in advanced technologies and consistent growth in demand for automated solutions is a contributing factor for growth in the robotics controller market. In terms of region, Asia-Pacific market is projected to have the largest market share in automotive robotics controller market by 2021. The region is projected to be primarily driven by increasing demand for sophisticated motion control technology. Furthermore, in developed countries such as the US and Europe, the focus on further enhancing cost competitiveness amongst all major automotive OEM’s is expected to result in growing demand for advanced controllers in the automotive industry.

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Robotics Controller: A promising market due to growing global demand for automotive robotics

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  1. Automotive Robotics Market worth 8.44 Billion USD by 2021 The report "Automotive Robotics Market by Type (Articulated, Cartesian, SCARA, Cylindrical), Component (Controller, Robotic Arm, End Effector, Sensors, Drive), Application (Welding, Painting, Cutting, Material Handling), and Region - Global Forecast to 2021", The automotive robotics market is estimated to be USD 5.07 Billion in 2016, and is projected to grow to USD 8.44 Billion by 2021, at a CAGR of 10.74%. Browse 86 market data tables and 49 figures spread through 138 pages and in-depth TOC on “Automotive Robotics Market by Type (Articulated, Cartesian, SCARA, Cylindrical), Component (Controller, Robotic Arm, End Effector, Sensors, Drive), Application (Welding, Painting, Cutting, Material Handling), and Region - Global Forecast to 2021” https://www.marketsandmarkets.com/Market-Reports/automotive-robotic-market- 262848440.html Early buyers will receive 10% customization on reports. Automotive robotics is still in a growing phase. Additionally, increasing industrial plans such as Industry 4.0 of Germany and Made in China 2025 (MiC2025) of China would trigger growth in the automotive robotics market. Furthermore, increased focus on automation, to mitigate the risk arising from increasing labor costs, can provide a strong impetus to the demand for automotive robotics market. Articulated Robots to hold the largest share in the automotive robotics market, by type The articulated robot segment is estimated to account for the largest share in the automotive robotics market. The articulated robot is more widely present in the market as compared to Cartesian, cylindrical, SCARA (Selective Compliance Assembly Robot Arm/ Selective Compliance Articulated Robot Arm) robots due to its higher degree of freedom that provides a manufacturer a larger work envelope and can be used for multiple applications. Robotics Controller: A promising market due to growing global demand for automotive robotics Development in advanced technologies and consistent growth in demand for automated solutions is a contributing factor for growth in the robotics controller market. In terms of region, Asia-Pacific market is projected to have the largest market share in automotive robotics controller market by 2021. The region is projected to be primarily driven by increasing demand for sophisticated motion control technology. Furthermore, in developed countries such as the US and Europe, the focus on further enhancing cost competitiveness

  2. amongst all major automotive OEM’s is expected to result in growing demand for advanced controllers in the automotive industry. Asia–Pacific: Largest market for automotive robotics Asia–Pacific is estimated to account for the largest share, in terms of value, of the automotive robotics market in 2016. Improved employment outlook and overall macroeconomic indicators across Asia- Pacific region bode well for the vehicle sales outlook in years to come. One of the key drivers for the growth of automotive robotics is the continuous demand by automotive OEM’s especially in Asia-Pacific region to automate their production facilities which can reduce time-to-market with greater control over production activity. The report analyzes all major players in the automotive robotics market, including ABB (Switzerland), FANUC Corporation (Japan), Yaskawa Electric Corporation (Japan), KUKA AG (Germany), and Kawasaki Heavy Industries (Japan). About MarketsandMarkets MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan Markets and Markets UNIT no 802, Tower no. 7, SEZ Magarpatta city, Hadapsar Pune, Maharashtra 411013, India

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