Aerospace Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Aerospace Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A4665
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Market Overview:

The global aerospace robotics market reached a value of US$ 2.82 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.45 Billion by 2027, exhibiting at a CAGR of 11.82% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Aerospace robotics refers to the robots used for the assembly and maintenance of aircraft, satellites and space shuttles. They are commonly used for executing sensitive tasks, such as material handling, cutting, riveting, bolting, welding and fabrication of exterior and interior components of the aircraft. They are also utilized for detecting minute variations in the thickness, patency and integrity of aircraft skins, airfoils and paint coatings. Aerospace robotics usually operate through articulated, cartesian, cylindrical, spherical, parallel and selective compliance articulated robot arm (SCARA) technologies. In comparison to the traditionally used manual systems, aerospace robotics solutions can perform repeated tasks with enhanced accuracy and offer consistent and speedy results. Space robotics also find extensive application for autonomously operating on new planetary surfaces.

 

 
 

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Aerospace Robotics Market Trends:

Significant growth in the aerospace and aviation industries across the globe is one of the key factors creating a positive outlook for the market. Moreover, the increasing requirement for automating various labor-intensive inspection, fiber placement, sealing and dispensing processes is providing a thrust to the market growth. In line with this, the widespread production of narrow-body aircraft with lightweight and small-sized components is providing a thrust to the growth of the market. Various technological advancements, such as the integration of robotics with 3D visualization, Internet of Things (IoT), artificial intelligence (AI) and cloud computing solutions, are acting as other growth-inducing factors. These technologies aid in improving human-robot collaboration and minimizing the turnaround time for the manufacturing processes. Other factors, including extensive research and development (R&D) activities, along with significant improvements in the cyber-physical system (CPS) with automated decision-making functionalities, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global aerospace robotics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, component, technology, payload and application.

Breakup by Type:

 

 
 

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  • Articulated
  • Cartesian
  • SCARA
  • Parallel
  • Others
     

Breakup by Component:

  • Controller
  • Arm Processor
  • End Effector
  • Camera and Sensors
  • Others
     

Breakup by Technology:

  • Traditional
  • Collaborative
     

Breakup by Payload:

  • Up to 16.00 KG
  • 16.01–60.00 KG
  • 60.01–225.00 KG
  • More than 225.00 KG
     

Breakup by Application:

  • Drilling
  • Welding
  • Painting
  • Inspection
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Electroimpact Inc., FANUC Corporation, General Electric Company, Güdel Group AG, JH Robotics Inc., Kawasaki Heavy Industries Ltd., KUKA AG (Midea Group), Mitsubishi Electric Corporation, Teradyne Inc. and Yaskawa Electric Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Component, Technology, Payload, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABB Ltd., Electroimpact Inc., FANUC Corporation, General Electric Company, Güdel Group AG, JH Robotics Inc., Kawasaki Heavy Industries Ltd., KUKA AG (Midea Group), Mitsubishi Electric Corporation, Teradyne Inc. and Yaskawa Electric Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Aerospace Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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