North America Automotive Robotics Market is Expected to Grow at a CAGR of 9.7% during the Forecast period (2016-2024)

North America Automotive Robotics Market

New York,USA, 2018-Apr-25 — /EPR Network/ —According to Goldstein Research, investments in robotics continue to rise and reflecting huge growth in North America automotive robotics market. Record 14.332 robots valued USD 834 million were ordered from North American companies in first half of 2015, an increase of 1% in units compared with 2014. Additionally, growing wage inflations and high demand for precision and quality control are also driving the global automotive robotics market North America Automotive Robotics Market Outlook also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe. Moreover, declining prices of electronics and sensors significantly reduced the cost of robots, and the sales of automotive robots are expected to grow significantly over the forecast period.

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Market Segmentation

 

On the basis of our in-depth analysis, North America automotive robotics market can be segmented as follows:

By Robot Type

  • Articulated Robots
  • Cartesian Robots
  • Cylindrical Robots
  • Selective Compliance Assembly Robot Arm (SCARA)

By Applications

  • Primary Manufacturing Process
  • Welding
  • Metal Casting
  • Cutting
  • Sealing/Dispensing
  • Painting
  • Secondary Manufacturing Process
  • Material Handling
  • Packaging
  • Palletizing
  • Assembly/Disassembly

Based on Geography

  • S Vision Care Market {Market Share (%), Market Size(USD Billion)}
  • Canada Vision Care Market {Market Share (%), Market Size(USD Billion)}

“North America Automotive Robotics Market Outlook 2024” contains detailed overview of the North America Automotive Robotics market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by robot type and by applications.

Further, for the in-depth analysis, North America Automotive Robotics Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This industry analysis report also includes competitive outlook of some of the major players profiling of companies such as ABB Limited, NOK Corp., Kawasaki Heavy Industries, KUKA Ag, Seiko Epson Corporation, Yaskawa Electric Corporation, FANUC Corporation, Yamaha Robotics, Epson Robotics, Acieta etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the North America automotive robotics market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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