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2020-09-01
510
North America
The automotive manufacturing industry is one of the largest industries that share more than 49% demand for automotive robotics globally. It is one of the very first industries which adopted the concept of automated robots wholeheartedly for the manufacturing process. General Motors was the first company to implement automated robots for car manufacturing in 1962. Robotic systems in the automotive industry are used to assist various manufacturing processes such as welding, painting, dispensing, material handling among others. Rising demands for automobiles globally made the manufacturers shift towards automotive robotics in manufacturing as the conventional methods are inappropriate to meet present demand. Growing wage inflations and high demand for precision and quality control are also driving the global automotive robotics market. Adoption of automation ensures the workers' safety, quality manufacturing, less wastage of raw materials and ensures to meet market demands on time are the key factors contributing to the growth of the automotive robotics market. North American automobile sales have grown by 16% in 2016 as compared to sales in 2009. Automotive OEMs are expanding their production facility and spending a huge amount on automation of manufacturing units in order to sustain market competition. For instance, USD 1.4 billion expansion has been launched by General Motors to add new equipment and robots to its 1 million square feet plant which is to be increased to 4.7 million square feet by the end of 2018.
By Robot Type
By Applications
By Geography
Geographically, the United States accounted for the highest revenue share in the North America automotive robotics market with more than 65% share in the total market. The auto industry employs nearly half of the 233,305 industrial robots in the United States. For Instance, Michigan where General Motors and Ford and North American Division of Fiat Chrysler have based accounts for nearly 28,000 robots, which is 12% of the nation's total. Canada comprises about 10% of the overall robotics market with a growth rate that surpasses the overall North American market in the coming years.
The automobile industry is expanding globally owing to the growing sales of vehicles coupled with rapid urbanization and significant economic growth in developing countries. To meet the global demand of vehicles automotive industries are shifting towards the automated solutions of vehicle manufacturing by adopting automotive robotics. Competitive price in developed countries is one of the major factors for the adoption of automotive robots as it reduces the cost of production with improved quality and precision. Wage inflation is also one of the growth factors for the automotive robotics market. To expand their production capacity, North America automotive OEMs are spending a huge amount on automotive robotics for various applications. According to Robotic Industries Association, North American automotive manufacturers spent USD 282 million on robots in 2017, after having spent a combined USD 436 million on robots in 2016. However, the perception that the automation of manufacturing industries pushes unemployment is expected to hamper the growth of the automotive robotics market.
The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "North America Automotive Roboticst Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
Market Synopsis
Market Segmentation
North America automotive robotics market is segmented as follows:
North America Automotive Robotics Market Report covered insights of below-mentioned regions:
Market Dynamics: Growth Drivers, Restraints and Opportunities
Key Market Players
Porter’s Five Force Model
Market Landscape: Competition and Beyond
Market outlook for business players and entry-level players to ascertain their business in a dynamic ecosystem
Expert Analysis
Concluding Remarks
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