Aerospace Robotics Market Report | 2022-2028

Market Insights

"The Aerospace Robotics Market is estimated to grow from USD 3.1 Billion in 2021 to USD 6.7 Billion by 2028 at a CAGR of 11.45% during the forecast period 2022-2028".

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Market Dynamics

Introduction

Aerospace Robotics are an important element in the aerospace industry as it help in aircraft engine construction and also other activities. These can be of different types such as articulated, cylindrical, scara, Cartesian, and others.

Aerospace Robotics comprise different components and these are controller, sensors, drive, arm processor, and end effector. Drilling & fastening, inspection, welding, painting & coating, and others are some of the applications where aerospace robotics are used.

Market Drivers

Segment Analysis

By Type

"Articulated type segment is estimated to register the highest growth during the forecast period"

Based on the type, the market is segmented as articulated, cylindrical, scara, cartesian, and others. The articulated type segment is estimated to register the highest growth during the forecast period. The growth is attributed to the fact that articulated robots are preferred in most aircraft manufacturing processes, owing to their precision and high flexibility.

By Component Type

"Controller segment was the largest component segment in 2018"

Based on the component type, the market is segmented as controller, sensors, drive, arm processor, and end effector. The controller segment was the largest component segment in 2018 and is also estimated to remain the largest segment in the coming five years. The unprecedented rise in aircraft deliveries is likely to underpin the market, which will consequently translate into healthy growth of the segment.

By Technology Type

"Collaborative segment is expected to depict higher growth during the forecast period"

Based on the technology type, the market is segmented as traditional and collaborative. The collaborative segment is expected to depict higher growth during the forecast period, owing to the gradual adoption of collaborative robots by the aerospace industry, marked by their ability to work alongside humans.  

Regional Analysis

"North America accounted for the largest share of the aerospace robotics market in 2018"

In terms of regions, North America accounted for the largest share of the aerospace robotics market in 2018 and is likely to continue its dominance during the forecast period. The market is driven by the regional presence of major aircraft manufacturers and aircraft part manufacturers along with the growing demand for commercial aircraft, which is compelling aircraft manufacturers to opt for robots and industrial automation to enhance their monthly production. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period. 

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Key Players

The following are the key players in the Aerospace Robotics Market (arranged alphabetically)

• ABB Group
• Electroimpact Inc.
• Fanuc Corporation
• Gudel AG
• Industrial Designs M. Torres
• Kuka AG
• Kawasaki Heavy Industries, Ltd.
• Sau
• Oliver Crispin Robotics Limited.
• Universal Robots A/S

Report Features

This report provides market intelligence most totally. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. 

What Deliverables Will You Get in this Report?

Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The aerospace robotics market is segmented into the following categories. 

By Type

• Articulated 
• Cylindrical 
• Scara 
• Cartesian 
• Others 

By Component Type

• Controller 
• Sensors 
• Drive 
• Arm Processor 
• End Effector 

By Technology Type

• Traditional 
• Collaborative 

By Application Type

• Drilling & Fastening 
• Inspection 
• Welding 
• Painting & Coating
• Others 

By Region

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.