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.
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 and application.
Breakup by Type:
- Articulated
- Cartesian
- SCARA
- Parallel
- Others
Breakup by Component:
- Controller
- Arm Processor
- End Effector
- Camera and Sensors
- Others
Breakup by Technology:
- Traditional
- Collaborative
Breakup by Application:
- Drilling
- Welding
- Painting
- Inspection
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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, 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) |
Key Questions Answered in This Report:
- How has the global aerospace robotics market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global aerospace robotics market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global aerospace robotics market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Aerospace Robotics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Articulated
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Cartesian
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 SCARA
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Parallel
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Component
7.1 Controller
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Arm Processor
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 End Effector
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Camera and Sensors
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Technology
8.1 Traditional
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Collaborative
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Drilling
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Welding
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Painting
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Inspection
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 ABB Ltd.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Electroimpact Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 FANUC Corporation
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 General Electric Company
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Güdel Group AG
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 JH Robotics Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Kawasaki Heavy Industries Ltd.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 KUKA AG (Midea Group)
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Mitsubishi Electric Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Teradyne Inc.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Yaskawa Electric Corporation
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
List of Figures
Figure 1: Global: Aerospace Robotics Market: Major Drivers and Challenges
Figure 2: Global: Aerospace Robotics Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Aerospace Robotics Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Aerospace Robotics Market: Breakup by Type (in %), 2021
Figure 5: Global: Aerospace Robotics Market: Breakup by Component (in %), 2021
Figure 6: Global: Aerospace Robotics Market: Breakup by Technology (in %), 2021
Figure 7: Global: Aerospace Robotics Market: Breakup by Application (in %), 2021
Figure 8: Global: Aerospace Robotics Market: Breakup by Region (in %), 2021
Figure 9: Global: Aerospace Robotics (Articulated) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Aerospace Robotics (Articulated) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Aerospace Robotics (Cartesian) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Aerospace Robotics (Cartesian) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Aerospace Robotics (SCARA) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Aerospace Robotics (SCARA) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Aerospace Robotics (Parallel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Aerospace Robotics (Parallel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Aerospace Robotics (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Aerospace Robotics (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Aerospace Robotics (Controller) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Aerospace Robotics (Controller) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Aerospace Robotics (Arm Processor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Aerospace Robotics (Arm Processor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Aerospace Robotics (End Effector) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Aerospace Robotics (End Effector) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Aerospace Robotics (Camera and Sensors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Aerospace Robotics (Camera and Sensors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Aerospace Robotics (Other Components) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Aerospace Robotics (Other Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Aerospace Robotics (Traditional) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Aerospace Robotics (Traditional) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Aerospace Robotics (Collaborative) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Aerospace Robotics (Collaborative) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Aerospace Robotics (Drilling) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Aerospace Robotics (Drilling) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Aerospace Robotics (Welding) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Aerospace Robotics (Welding) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Aerospace Robotics (Painting) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Aerospace Robotics (Painting) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Aerospace Robotics (Inspection) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Aerospace Robotics (Inspection) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Aerospace Robotics (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Aerospace Robotics (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: North America: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: North America: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: United States: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: United States: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Canada: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Canada: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Asia-Pacific: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Asia-Pacific: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: China: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: China: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Japan: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Japan: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: India: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: India: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: South Korea: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: South Korea: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Australia: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Australia: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Indonesia: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Indonesia: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Europe: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Europe: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Germany: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Germany: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: France: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: France: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: United Kingdom: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: United Kingdom: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Italy: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Italy: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Spain: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Spain: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Russia: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Russia: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Others: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Others: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Latin America: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Latin America: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Brazil: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Brazil: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Mexico: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Mexico: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Others: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Others: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Middle East and Africa: Aerospace Robotics Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Middle East and Africa: Aerospace Robotics Market: Breakup by Country (in %), 2021
Figure 91: Middle East and Africa: Aerospace Robotics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 92: Global: Aerospace Robotics Industry: SWOT Analysis
Figure 93: Global: Aerospace Robotics Industry: Value Chain Analysis
Figure 94: Global: Aerospace Robotics Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Aerospace Robotics Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Aerospace Robotics Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Aerospace Robotics Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 4: Global: Aerospace Robotics Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 5: Global: Aerospace Robotics Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Aerospace Robotics Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Aerospace Robotics Market: Competitive Structure
Table 8: Global: Aerospace Robotics Market: Key Players