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Global Collaborative Robots in Automotive Market Forecast, Market Segmentation- Ken Research
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Robots in automotive manufacturing facilities are constantly improved with advanced robot technology, big data, machine learning, artificial intelligence, Internet of Things (IoT) and Industrial Internet of Things (IIoT).
<p>Global Collaborative Robots in Automotive Market</p>

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Global Collaborative Robots in Automotive Market

Robots in automotive manufacturing facilities are constantly improved with advanced robot technology, big data, machine learning, artificial intelligence, Internet of Things (IoT) and Industrial Internet of Things (IIoT). It was observed that over the past few years there was a considerable increase in the adoption of robots in manufacturing industries. Automation within the automotive manufacturing sector has witnessed the need of human resources coupled with robotic technology for quality innovative products. Collaborative robots are deployed within the automotive industry to perform dangerous and repetitive tasks with consistent accuracy and precision. These are also known as cobots (collaborative robots) that aid in reducing raw material wastage, optimizing operational costs, and enhancing productivity. Cobots are perfect employees for a wide range of jobs around the globe that humans cannot afford to perform. They are designed to move materials, equipment parts, tools, performs variety of programmed tasks within the automotive manufacturing facility. Industrial cobots posses articulated arms specifically developed for multiple applications.

According to the study “Global Collaborative Robots Market in Automotive Industry 2016-2022 by End-user, Application and Region”, majority of the automobile industries worldwide are deploying lean and flexible manufacturing processes which is fuelling the growth in automotive collaborative robots market. Global automotive manufacturers are continuously competing on parameters such as cost, quality, reliability, and reduction in manufacturing cost. Therefore, deployment of cobots which are programmed with modern manufacturing techniques has witnessed a significant rise in industrial robots within the automotive sector. Global automotive industry deploys majority of the newly ordered collaborative robots, followed by electronics, electrical, food, beverages, metal and chemical industries. Cobots are used in vehicle manufacturing, component (auto parts) manufacturing, and other sectors. However, vehicle manufacturing process deploys a huge number of cobots for new installations, and this trend will continue over the next few years.

Leading manufacturers of automotive cobots are moderately fragmented due to more national and international players. All the manufacturers are focusing on incorporating advanced software to improve programming and developing application-specific software. Increasing in original equipment manufacturers, huge investments, new automobile establishments are propelling the growth of cobots for automotive industry market over the next few years. The leading players within the global collaborative robots for automotive industry are Rethink Robotics, Universal Robots, ABB, KUKA, Fanuc, Adept Technology, Yaskawa Motoman, F&P Personal Robotics and Scape Technologies A/S. Evolution of fourth industrial revolution is coupled with Industrial Internet of Things (IIoT) and Artificial Intelligence (AI) has motivated global industrial robotics manufacturers to incorporating advanced technologies while manufacture of cobots. Cloud computing technology is extensively used to record data flow from cobots and external devices for more efficient productivity and storage.

Geographically, global industrial cobots or collaborative robots for automobile industry market are spread across the Americas, Asia-Pacific, EMEA and rest of the world. Asia-Pacific deploys more number of industrial cobots for their automobile industries due to increasing automobile manufacturing establishments and tremendous revenue generated. Continuing industrialization in China, Japan, South Korea, Taiwan, and India are the major contributors for the growth in industrial cobots market. Major end-users of cobots within the automotive industry are vehicle manufacturing, component manufacturing, and others. Articulate robots, Cartesian robots, SCARA robots, cylindrical robots, polar robots, delta robots, parallel robots and others are the various types of industrial cobots available within the automotive industry around the world.

Cobots can work tirelessly; therefore, automotive manufacturing facilities are encouraged to replace their entire workforce with robots to increase productivity. With recent advances in robotics technology, it was estimated that automotive industries are the deploying huge number of cobots. Cloud storage, diode laser, 3D-printing and nanotechnology are few advances within the industrial automation that has revolutionized the manufacturing industry. Considering multiple factors, global market for industrial robots for automotive industry will witness a drastic growth over the next few years.

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Ken Research

Ankur Gupta, Head Marketing & Communications


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