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The global aerospace robotics market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. 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.
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.
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 2021-2026. Our report has categorized the market based on type, component, technology and application.
Breakup by Type:
Breakup by Component:
Breakup by Technology:
Breakup by Application:
Breakup by Region:
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.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Component, Technology, 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$ 2299
Five User License: US$ 3399
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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