Automotive Industry Robotics - Worldwide
Worldwide- Revenue in the Automotive Industry Robotics market is projected to reach US$2.92bn in 2024.
- Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 4.79%, resulting in a market volume of US$3.69bn by 2029.
- In global comparison, most revenue will be generated Japan (US$682.90m in 2024).
Definition:
The Automotive Industry Robotics market encompasses the market size of robotics in automotive industry use cases, e.g., welding robots, assembling robots, and painting robots. It is one of the industries with the highest number of robots deployed.
A robot is defined as a powered machine that is programmable on two or more axes and has some degree of autonomy; it moves within its environment to perform its programmable tasks.
Additional information:
The market comprises revenues, volume, and the average price per newly installed robot. It also includes a list of the key players in the market and their consolidated revenues. The market displays both B2B and B2C revenues, and the revenue is based on the country’s demand for robots. It is shown in manufacturer prices. Software revenues are not included, as industrial robots are mostly used with specific software solutions that belong to the company that deploys them.
Key players in the market include Adept, Epson Robotics, and ABB.
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In-Scope
- Automotive Industry Robotics
Out-Of-Scope
- Chemical Industry Robotics
- Electric Industry Robotics
- Food Industry Robotics
- Metal Industry Robotics
- Other Industry Robotics
