Press release
Advanced Robotics in Automotive Market to Double by 2030, Reaching USD 24.24 Billion with a 10.17% CAGR
๐๐๐ฏ๐๐ง๐๐๐ ๐๐จ๐๐จ๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ was valued at USD 12.30 billion in 2023 and is projected to grow at a CAGR of 10.17% during the forecast period from 2024 to 2030. By the end of 2030, the market size is expected to reach nearly USD 24.24 billion, driven by increasing automation and advancements in robotics technology within the automotive sector.๐๐๐ฏ๐๐ง๐๐๐ ๐๐จ๐๐จ๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The automotive industry has long been a significant user of robotics technology, particularly in manufacturing processes. Robotic arms dominate the sector, and welding remains one of the most prevalent applications of robotics in automotive production. The implementation of advanced robotics enhances efficiency, reduces operational costs, and ensures worker safety. With the advent of Industry 4.0, robotics solutions are increasingly integrated with AI, IoT, and machine vision, making them indispensable in automotive manufacturing.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:https://www.stellarmr.com/report/req_sample/Advanced-Robotics-in-Automotive-Market/425
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฏ๐๐ง๐๐๐ ๐๐จ๐๐จ๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ:
The market is fueled by government and corporate initiatives aimed at mitigating challenges, such as those posed by the COVID-19 pandemic. For instance, the Advanced Robotics for Manufacturing (ARM) Institute, supported by the US Department of Defense, encourages innovation in robotics through public-private collaborations. Similar incentives, such as India's PLI scheme and Japan's China exit strategy subsidies, have spurred the adoption of robotics in automotive manufacturing. Additionally, increased automation in electronics and the need for high-precision manufacturing are further driving the demand for advanced robotics in the industry.
๐๐๐ฏ๐๐ง๐๐๐ ๐๐จ๐๐จ๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
One of the emerging trends is the use of robotic vision systems, enabling robots to perform tasks with greater accuracy and adaptability through 2D and 3D perception technologies like OpenCV. Furthermore, automated welding remains a cornerstone in the automotive sector, with six-axis robotic welders being extensively used for laser and arc welding processes. Collaborative robots (COBOTS) that can work alongside humans and other robots are gaining traction, enhancing productivity and streamlining operations in multi-material vehicle production lines.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.stellarmr.com/report/enquire_now/Advanced-Robotics-in-Automotive-Market/425
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฏ๐๐ง๐๐๐ ๐๐จ๐๐จ๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's automotive industry is rapidly adopting advanced robotics to streamline production lines. Vietnam Automation Solutions has recently partnered with global robotics firms to deploy robotic arms and AI-driven systems in automotive plants. The government's focus on industrial modernization is accelerating market growth.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand, known as the "Detroit of Asia," is leveraging advanced robotics to strengthen its automotive production capabilities. Thai Robotics Ltd. introduced autonomous mobile robots for warehouse automation in 2023. The government's Eastern Economic Corridor (EEC) project is fostering innovation in robotics and automation.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan, a global leader in robotics, continues to dominate the advanced robotics in automotive market. Companies like Fanuc Corporation and Kawasaki Robotics are developing next-generation robotic systems with enhanced AI capabilities. The Japanese government's subsidies for automation in manufacturing are driving adoption across automotive production facilities.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's advanced robotics market is undergoing consolidation, with major players enhancing their capabilities through acquisitions. Hyundai Robotics, for example, acquired K-Robot Systems to strengthen its foothold in AI-driven robotic solutions for automotive assembly lines.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's advanced robotics market is characterized by innovation and premium solutions. Singapore Robotics Tech collaborated with European partners to introduce precision robotics tailored for the automotive sector. Government initiatives like the Smart Industry Readiness Index are fostering advanced manufacturing technologies.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ
The United States remains a prominent market for advanced robotics in the automotive sector, with increased focus on AI-driven solutions and sustainable manufacturing. Boston Robotics Inc. launched an advanced robotic arm for automotive assembly in 2023. Strategic partnerships with automotive giants are driving market growth.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's advanced robotics market is thriving due to stringent regulations on precision and efficiency in manufacturing. Companies such as ABB Robotics are leading the market with innovative collaborative robots (cobots) that enhance worker safety and productivity. The European Union's emphasis on sustainable production is propelling adoption.
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
Vietnam Automation Solutions partnered with global firms to deploy advanced robotic systems in automotive plants.
Thai Robotics Ltd. introduced autonomous mobile robots for warehouse and production automation.
Fanuc Corporation and Kawasaki Robotics launched AI-driven next-gen robotic systems for automotive manufacturing in Japan.
Hyundai Robotics acquired K-Robot Systems, strengthening its position in South Korea.
Singapore Robotics Tech introduced precision robotics in collaboration with European manufacturers.
Boston Robotics Inc. unveiled an advanced robotic arm tailored for automotive assembly in the United States.
ABB Robotics expanded its portfolio with collaborative robots designed for the European automotive industry.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ:https://www.stellarmr.com/report/req_sample/Advanced-Robotics-in-Automotive-Market/425
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฏ๐๐ง๐๐๐ ๐๐จ๐๐จ๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ:
by Product Type
Cartesian Robots
SCARA Robots
Parallel/Delta Robot
Articulated Robot
Others
by Component
Robotic Arms
Robot Accessories
End Effectors
Controllers
Drive Units
Vision Systems
Sensors
Power Supply
Additional Hardware (Safety fencing, fixtures, conveyors, etc.)
Software & Programming
by Function Type
Handling
Dispensing
Processing
Assembling and Disassembling
Welding and Soldering
Others (Inspection & quality-testing and die-casting & molding)
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ฏ๐๐ง๐๐๐ ๐๐จ๐๐จ๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
FANUC (Japan)
ABB (Switzerland)
YASKAWA(Japan)
Kawasaki Heavy Industries (Japan)
Denso Corporation (Japan)
NACHI-FUJIKOSHI (Japan)
Seiko Epson (Japan)
Dรrr (Germany)
ICR Services (US)
IRS Robotics (Netherlands)
Hyundai Robotics (South Korea)
Siasun Robotics (China)
KUKA (Germany)
Mitsubishi Electric (Japan)
Universal Robots (Denmark)
Stรคubli (Switzerland),
Comau (Italy)
B+M SURFACE SYSTEMS (Germany)
RobotWorx (US)
Techman Robot (Taiwan)
Rethink Robotics (Germany)
FrankaEmika (Germany)
F&P Robotics (Switzerland)
Bosch Rexroth (Germany)
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.stellarmr.com/report/Advanced-Robotics-in-Automotive-Market/425
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Rubidium Market https://www.stellarmr.com/report/Rubidium-Market/1192
Semiconductor Bonding Market https://www.stellarmr.com/report/Semiconductor-Bonding-Market/1193
Semiconductor Foundry Market https://www.stellarmr.com/report/Semiconductor-Foundry-Market/1194
Shipping Container Market https://www.stellarmr.com/report/Shipping-Container-Market/1195
Ship-to-Shore Container Crane Market https://www.stellarmr.com/report/Ship-to-Shore-Container-Crane-Market/1196
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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