Europe automotive robotics market is poised to register growth of over 3.5% between 2017 and 2024. Growing demand for better productivity, safety features and proper functioning of assembly lines in automobile production is anticipated to drive automotive robotics industry outlook over 2017-2024. Expanding automobile industry along with implementation of advanced features to meet augmenting customer demand, will further change business outlook over the coming years.

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The product demand is primarily driven by the escalating requirement for appropriate functioning and better productivity of assembly lines in vehicle production. The surging number of technological advancements in raw materials for robot making are further likely to spur automotive robotics market demand over the estimated span.

An increase in the number of research and development activities has opened up multiple avenues for providing customers with increased reliability, versatility, and flexibility, in turn supporting the deployment of robots in the car manufacturing industry through the forthcoming years.

Additional advantages such as enhanced product quality, reduced cost, and low energy consumption on account of deployment of electronics, quality sensors, and software programming are expected to bolster automotive robotics market outlook over the projected period.

The rising enhancements in software programming have resulted in improving product quality, enabling real time decision making, in turn boosting software and services segment growth through the assessment period. The automotive robotics market from software and services segment is estimated to surpass USD 1 billion by 2024.

The applicability of SCARA robots in the car manufacturing industry is anticipated to cross more than 33 thousand units through 2024. Growing applicability in handling and high-speed assembly will foster the augmentation of automotive robotics market size through the ensuing years.

Considering the multiple benefits such as stiffness, high speed, and flexible fixturing, micro-manufacturing automation is expected to stimulate automotive robotics product demand in the years to come. The automotive robotics market from parallel robots is likely to witness an appreciable CAGR of more than 4 per cent through 2024.

On the whole, extensive utilization of robotics in automotive market is expected to cause a reduction in labor costs, augmenting the profitability of OEMs, further boosting industry growth through the forthcoming years. Key automotive robotics companies include ABB, Universal Robots, KUKA Robotics, Fanuc, Rockwell Automation, Yamaha, Kawasaki Heavy Industries, Omron Corporation, and others.

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Partial Chapter of the Table of Content

Chapter 4.   Automotive robotics Market, By Product

4.1.   Global market share by product, 2016 & 2024

4.2.   Articulated

4.2.1. Global market estimates and forecasts, 2013 – 2024

4.2.2. Market estimates and forecast, by region, 2013 – 2024

4.3.   Cartesian

4.3.1. Global market estimates and forecasts, 2013 – 2024

4.3.2. Market estimates and forecast, by region, 2013 – 2024

4.4.   SCARA

4.4.1. Global market estimates and forecasts, 2013 – 2024

4.4.2. Market estimates and forecast, by region, 2013 – 2024

4.5.  Parallel

4.5.1. Global market estimates and forecasts, 2013 – 2024

4.5.2. Market estimates and forecast, by region, 2013 – 2024

4.6.   Cylindrical

Charts & Figures

FIG 1    Automotive robotics market segmentation

FIG 2    Industry landscape, 2013 - 2024

FIG 3    Industry ecosystem analysis

FIG 4    Industry impact forces

FIG 5    Competitive landscape, 2016

FIG 6    Porter’s analysis

FIG 7    PESTEL analysis

FIG 8    Market share by product, 2016 & 2024

FIG 9    Market share by component, 2016 & 2024

FIG 10 Market share by application, 2016 & 2024

FIG 11  Market share by region, 2016 & 2024

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