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    Aerospace Robotics Market | Covid-19 Impact Analysis

    Aerospace Robotics Market | Covid-19 Impact Analysis

    Aerospace Robotics Market | Covid-19 Impact Analysis
    Report code - SRAD253 Delivery - 2 Weeks
    Aerospace Robotics Market Size, Share, Trend, Forecast, & Industry Analysis.
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    Impact of COVID-19 on Aerospace Robotics Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Aerospace Robotics Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Aerospace Robotics Market is likely to witness an impressive CAGR of 17.2% during the forecast period. Growing employment of robotics to manage aircraft order backlogs, increasing use of robots for efficient aircraft production, and mounting labor costs are the prime factors bolstering the global aerospace robotics market during the forecast period.

    Aerospace Robotics Market - Snapshot

    Growth

    17.2% for the next five years

    Major Type

    Articulated type

    Major Component Type

    Controller

    Dominant Technology Type

    Collaborative

    Region with the highest demand

    North America

    Key Players

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

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    Aerospace Robotics Market Share: By Type

    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.

    Aerospace Robotics Market Share: By Component Type

    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.

    Aerospace Robotics Market Share: By Technology Type

    Based on the technology type, the market is segmented as traditional and collaborative. The collaborative segment is expected to depict a 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.  

    Aerospace Robotics Market Share: By Region

    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.  

    Some of the major players in the aerospace robotics market are ABB Group, Electroimpact Inc., Fanuc Corporation, Gudel AG, Industrial Designs M. Torres, Sau, Kuka AG, Kawasaki Heavy Industries, Ltd., Oliver Crispin Robotics Limited., and Universal Robots A/S.

     

    Market Scope & Segmentation

    Aerospace Robotics are an important element in the aerospace industry as it helps in aircraft engine constructions 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.

    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.

    Aerospace Robotics Market Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    9

     

    The aerospace robotics market is segmented into the following categories. 

    Aerospace Robotics Market Size, Share, & Forecast, by Type:

    • Articulated (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Cylindrical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Scara (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Cartesian (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerospace Robotics Market Size, Share, & Forecast, by Component Type:

    • Controller (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Sensors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Drive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Arm Processor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • End Effector (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerospace Robotics Market Size, Share, & Forecast, by Technology Type:

    • Traditional (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Collaborative (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerospace Robotics Market Size, Share, & Forecast, by Application Type:

    • Drilling & Fastening (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Inspection (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Welding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Painting & Coating (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aerospace Robotics Market Size, Share, & Forecast, 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)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of 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 book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conduct more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. 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. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    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 [email protected]


    General Frequently Asked Questions (FAQs)

    What are Aerospace Robotics?

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

    What will be the CAGR of the Aerospace Robotics Market?

    Aerospace Robotics Market is likely to witness an impressive CAGR of 17.2% during the forecast period. Growing employment of robotics to manage aircraft order backlogs, increasing use of robots for efficient aircraft production, and mounting labor costs are the prime factors bolstering the global aerospace robotics market during the forecast period.

    Which country/region is expected to remain the largest Aerospace Robotics Market?

    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.

    Who are the key players in the Aerospace Robotics Market?

    Some of the major players in the aerospace robotics market are ABB Group, Electroimpact Inc., Fanuc Corporation, Gudel AG, Industrial Designs M. Torres, Sau, Kuka AG, Kawasaki Heavy Industries, Ltd., Oliver Crispin Robotics Limited., and Universal Robots A/S.

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