Global Aerospace Robotics Market Overview
According to SPER Market Research, the Global Aerospace Robotics Market is estimated to reach USD 12.46 billion by 2032 with a CAGR of 12.92%.
The term "Global Aerospace Robotics Market" describes the application of robotics in the aerospace sector with the purpose of automating various operations and enhancing operational effectiveness. Industrial and service robots for use in a variety of tasks, including the production, assembling, upkeep, inspection, and repair of aeroplanes and spacecraft, are available on the market. The usage of robotics in aerospace has been expanding quickly as a result of their capacity to carry out operations with a high degree of accuracy, speed, and consistency, while lowering human error and enhancing safety. From concept and prototype through final assembly and maintenance, aerospace robotics are employed throughout the whole process of building aircraft and spacecraft. Robots of all different kinds, including mobile, parallel, SCARA, articulated, and cylindrical varieties, are available on the market. These robots have cutting-edge sensors, control systems, and software that enable them to carry out difficult jobs in a variety of settings. The demand for aeroplanes and spacecraft, the growing requirement for automation in aerospace manufacturing, and the growing popularity of collaborative robots are some of the reasons driving the worldwide aerospace robotics market. Due to rising investments in research & development efforts to improve the capabilities of aerospace robots, the market is anticipated to expand at a significant rate in the next years. Overall, the global market for aerospace robots is expanding quickly and is predicted to be extremely important to the future of the aerospace sector.
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Impact of COVID-19 on the Global Aerospace Robotics Market
The Global Aerospace Market for aircraft robots has been significantly impacted by the COVID-19 epidemic. The epidemic caused a substantial reduction in the demand for air travel, which in turn decreased the need for the creation and maintenance of new aircraft. As a result of financial challenges and supply chain interruptions, manufacturers and suppliers in the aerospace industry have seen a decline in demand for aerospace robots. Also, the pandemic has prompted the establishment of social isolation policies and travel restrictions, which have had an impact on the operations of aerospace firms and their suppliers. This has caused new projects to be implemented slowly and the use of robotics in the aerospace industry to have decreased. Yet, the epidemic has also shown how crucial automation is to reducing human interaction and enhancing safety in the aircraft sector. This has raised awareness of the aerospace industry's need for collaborative robots and other cutting-edge automation technologies. Ultimately, the COVID-19 pandemic has affected the aerospace robotics sector in both positive and negative ways. While the pandemic has reduced demand, it has also brought attention to the need for automation and innovation in the aircraft sector, which could spur the market for aerospace robotics to develop in the future.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Application, By Technology, By Type, By Component, By Payload.
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| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | ABB Group, Apex Automation And Robotics, Electric Corporation, Fanuc Corporation, Honeybee Robotics, Kawasaki Heavy Industries Ltd., Kuka Ag, Mitsubishi Electric Corporation, M Torres, MTM Robotics., Nachi-Fujikoshi Corp., Omron Adept Technology, Robotics Inc., Staubli, Yaskawa Electric Corporation.
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Global Aerospace Robotics Market Segmentation:
1. By Application:
- Drilling
- Inspection
- Painting
- Welding
- Others
2. By Technology:
- Conventional
- Collaborative
3. By Type:
- Articulated
- Cartesian
- Others
4. By Component:
- Arm Processor
- Controller
- Drive
- End Effector
- Sensors
5. By Payload:
- Medium Payloads Robots
- Large Payloads Robots
- Extra Large Payloads Robots
6. By Region:- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Aerospace Robotics Market (FY’2019-FY’2032)
- Overview of Global Aerospace Robotics Market
- Segmentation of Global Aerospace Robotics Market By Application (Drilling, Inspection, Painting, Welding, Others)
- Segmentation of Global Aerospace Robotics Market By Technology (Conventional, Collaborative)
- Segmentation of Global Aerospace Robotics Market By Type (Articulated, Cartesian, Others)
- Segmentation of Global Aerospace Robotics Market By Component (Arm Processor, Controller, Drive, End Effector, Sensors)
- Segmentation of Global Aerospace Robotics Market By Payload (Medium Payloads Robots, Large Payloads Robots, Extra Large Payloads Robots)
- Statistical Snap of Global Aerospace Robotics Market
- Growth Analysis of Global Aerospace Robotics Market
- Problems and Challenges in Global Aerospace Robotics Market
- Competitive Landscape in the Global Aerospace Robotics Market
- Impact of COVID-19 and Demonetization on Global Aerospace Robotics Market
- Details on Recent Investment in Global Aerospace Robotics Market
- Competitive Analysis of Global Aerospace Robotics Market
- Major Players in the Global Aerospace Robotics Market
- SWOT Analysis of Global Aerospace Robotics Market
- Global Aerospace Robotics Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Aerospace Robotics Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Aerospace Robotics Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Aerospace Robotics Market
7. Global Aerospace Robotics Market, By Application, 2019-2032 (USD Million)
7.1 Drilling
7.2 Inspection
7.3 Painting
7.4 Welding
7.5 Others
8. Global Aerospace Robotics Market, By Technology, 2019-2032 (USD Million)
8.1 Conventional
8.2 Collaborative
9. Global Aerospace Robotics Market, By Type, 2019-2032 (USD Million)
9.1 Articulated
9.2 Cartesian
9.3 Others
10. Global Aerospace Robotics Market, By Component, 2019-2032 (USD Million)
10.1 Arm Processor
10.2 Controller
10.3 Drive
10.4 End Effector
10.5 Sensors
11. Global Aerospace Robotics Market, By Payload, 2019-2032 (USD Million)
11.1 Medium Payloads Robots
11.2 Large Payloads Robots
11.3 Extra Large Payloads Robots
12. Global Aerospace Robotics Market, By Region, 2019-2032 (USD Million)
12.1 Global Aerospace Robotics Market Size and Market Share by Region (2019-2025)
12.2 Global Aerospace Robotics Market Size and Market Share by Region (2026-2032)
12.3 Asia-Pacific
12.3.1 Australia
12.3.2 China
12.3.3 India
12.3.4 Japan
12.3.5 South Korea
12.3.6 Rest of Asia-Pacific
12.4 Europe
12.4.1 France
12.4.2 Germany
12.4.3 Italy
12.4.4 Spain
12.4.5 United Kingdom
12.4.6 Rest of Europe
12.5 Middle East and Africa
12.5.1 Kingdom of Saudi Arabia
12.5.2 United Arab Emirates
12.5.3 Rest of Middle East & Africa
12.6 North America
12.6.1 Canada
12.6.2 Mexico
12.6.3 United States
12.7 Latin America
12.7.1 Argentina
12.7.2 Brazil
12.7.3 Rest of Latin America
13. Company Profiles
13.1. ABB Group
13.1.1 Company details
13.1.2 Financial outlook
13.1.3 Product summary
13.1.4 Recent developments
13.2. Apex Automation And Robotics
13.2.1 Financial outlook
13.2.2 Product summary
13.2.3 Recent developments
13.3. Electric Corporation
13.3.1 Company details
13.3.2 Financial outlook
13.3.3 Product summary
13.3.4 Recent developments
13.4. Fanuc Corporation
13.4.1 Company details
13.4.2 Financial outlook
13.4.3 Product summary
13.4.4 Recent developments
13.5. Honeybee Robotics
13.5.1 Company details
13.5.2 Financial outlook
13.5.3 Product summary
13.5.4 Recent developments
13.6. Kawasaki Heavy Industries Ltd.
13.6.1 Company details
13.6.2 Financial outlook
13.6.3 Product summary
13.6.4 Recent developments
13.7. Kuka Ag
13.7.1 Company details
13.7.2 Financial outlook
13.7.3 Product summary
13.7.4 Recent developments
13.8. Mitsubishi Electric Corporation
13.8.1 Company details
13.8.2 Financial outlook
13.8.3 Product summary
13.8.4 Recent developments
13.9. M Torres
13.9.1 Company details
13.9.2 Financial outlook
13.9.3 Product summary
13.9.4 Recent developments
13.10. MTM Robotics.
13.10.1 Company details
13.10.2 Financial outlook
13.10.3 Product summary
13.10.4 Recent developments
13.11. Nachi-Fujikoshi Corp.
13.11.1 Company details
13.11.2 Financial outlook
13.11.3 Product summary
13.11.4 Recent developments
13.12. Omron Adept Technology
13.12.1 Company details
13.12.2 Financial outlook
13.12.3 Product summary
13.12.4 Recent developments
13.13. Robotics Inc.
13.13.1 Company details
13.13.2 Financial outlook
13.13.3 Product summary
13.13.4 Recent developments
13.14. Staubli
13.14.1 Company details
13.14.2 Financial outlook
13.14.3 Product summary
13.14.4 Recent developments
13.15. Yaskawa Electric Corporation
13.15.1 Company details
13.15.2 Financial outlook
13.15.3 Product summary
13.15.4 Recent developments
14.List of Abbreviations
15.Reference Links
16.Conclusion
17.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
