As per the study initiated by Evolve Business Intelligence, the Aerospace Robotics market size accounted for USD 4.5 Billion in 2022, growing at a CAGR of 12.2% from 2023 to 2033. The aerospace industry has been adopting robotics technology to automate and streamline manufacturing processes, reduce costs, improve precision, and enhance overall productivity. Robotic systems are utilized in tasks such as aircraft assembly, surface treatment, drilling, painting, welding, and quality inspection. They can handle repetitive and complex tasks with high accuracy, consistency, and speed, which can lead to improved manufacturing throughput and reduced human errors.
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Key Highlights:
- Aerospace Robotics Market size was valued at USD 4.5 billion in 2022 growing at a CAGR of 12.2% from 2023 to 2033.
- North America dominated the market in 2022
- Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has recently released a new market research report on Aerospace Robotics Market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors’ market share, value, and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
In terms of COVID-19 impact, the Aerospace Robotics market report also includes the following data points:
- COVID-19 Impact on Aerospace Robotics market size
- End-User/Industry/Application Trend, and Preferences
- Government Policies/Regulatory Framework
- Key Player’s Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in the Aerospace Robotics market
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Key Players
Some of the major Aerospace Robotics players holding high market shares include ABB Group, Electroimpact Inc., Fanuc Corporation, and Gudel AG. These players use partnership and collaboration as key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
- ABB Group (Switzerland)
- Electroimpact Inc. (The U.S.)
- Fanuc Corporation (Japan)
- Gudel AG (Switzerland)
- Kawasaki Robotics (The U.S.)
- KUKA AG (Germany)
- Oliver Crispin Robotics Ltd. (The U.K)
- TAL Manufacturing Solutions Limited India (India)
- Universal Robotics A/S (Denmark)
- Yaskawa Electric Corporation (Japan)
Segmental Analysis
Market Segment By Component with focus on market share, consumption trend, and growth rate of Aerospace Robotics Market:
- Controller
- Sensor
- Drive
Market Segment By Application with a focus on market share, consumption trend, and growth rate of the Aerospace Robotics Market:
- Drilling & Fastening
- Non-destructive Testing & Inspection
- Welding & Soldering
- Sealing & Dispensing
Market Segment By Solution with focus on market share, consumption trend, and growth rate of Aerospace Robotics Market:
- Traditional Robots
- Collaborative Robots
| Parameters | Details |
| Market Size (2022) | $ 4.5 Billion |
| CAGR (2023 to 2033) | 12.2% |
| Market Segmentation | Component, Application, Solution |
| Country Covered | US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America |
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Aerospace Robotics Geographic Coverage:
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Nordic Countries
- Benelux
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Malaysia
- Australia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of MEA
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
Reasons to Buy this Report:
- Detail analysis of the impact of market drivers, restraints, and opportunities
- Competitive Intelligence provides an understanding of the ecosystem
- Details analysis of the Total Addressable Market (TAM) of your products
- Investment Pockets and New Business Opportunities
- Demand-supply gap analysis
- Strategy Planning
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