Robotics Controller: A promising market due to growing global demand for automotive robotics

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Automotive Robotics Market by Type (Articulated,
Cartesian, SCARA, Cylindrical), Component
(Controller, Robotic Arm, End Effector, Sensors,
Drive), Application (Welding, Painting, Cutting,
Material Handling), and Region - Global Forecast
to 2021
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The global automotive robotics market, in terms
of value, is projected to grow at a CAGR of
10.74 from 2016 to 2021. The market is estimated
to be USD 5.07 Billion in 2016, and is projected
to reach USD 8.44 Billion by 2021. In this study,
2015 has been considered the base year, and 2016
to 2021 the forecast period, for estimating the
market size of the global automotive robotics
market. Automotive robotics is still in a growing
phase. Additionally, increasing industrial plans
such as Industry 4.0 of Germany and Made in China
2025 (MiC2025) of China would trigger growth in
the automotive robotics market. Furthermore,
increased focus on automation, to mitigate the
risk arising from increasing labor costs, can
provide a strong impetus to the demand for
automotive robotics market. PDF Brochure
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Articulated Robots to hold the largest share in
the automotive robotics market, by type The
articulated robot segment is estimated to account
for the largest share in the automotive robotics
market. The articulated robot is more widely
present in the market as compared to Cartesian,
cylindrical, SCARA (Selective Compliance Assembly
Robot Arm/ Selective Compliance Articulated Robot
Arm) robots due to its higher degree of freedom
that provides a manufacturer a larger work
envelope and can be used for multiple
applications. Request for Customization
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Robotics Controller A promising market due to
growing global demand for automotive
robotics Development in advanced technologies
and consistent growth in demand for automated
solutions is a contributing factor for growth in
the robotics controller market. In terms of
region, Asia-Pacific market is projected to have
the largest market share in automotive robotics
controller market by 2021. The region is
projected to be primarily driven by increasing
demand for sophisticated motion control
technology.  Furthermore, in developed countries
such as the US and Europe, the focus on further
enhancing cost competitiveness amongst all major
automotive OEMs is expected to result in growing
demand for advanced controllers in the automotive
industry. Request Sample _at_ https//www.markets
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AsiaPacific Largest market for automotive
robotics AsiaPacific is estimated to account
for the largest share, in terms of value, of the
automotive robotics market in 2016. Improved
employment outlook and overall macroeconomic
indicators across Asia- Pacific region bode well
for the vehicle sales outlook in years to come.
One of the key drivers for the growth of
automotive robotics is the continuous demand by
automotive OEMs especially in Asia-Pacific
region to automate their production facilities
which can reduce time-to-market with greater
control over production activity. The report
analyzes all major players in the automotive
robotics market, including ABB (Switzerland),
FANUC Corporation (Japan), Yaskawa Electric
Corporation (Japan), KUKA AG (Germany), and
Kawasaki Heavy Industries (Japan). Speak to
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Market Ecosystem The ecosystem of the
automotive robotics industry consists of
manufacturers such as ABB Ltd (Switzerland), KUKA
AG (Germany), and Yaskawa Electric Corporation
(Japan), industry associations such as the
Robotic Industries Association (RIA), and World
Robot Conference (WRC), and regional automobile
associations such as China Robot Industry
Alliance (CRIA), and German Roboteers Association
(GRA) Buy Now https//www.marketsandmarkets
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Browse gtgt 86 market data
tables 49 figures
138 pages and in-depth TOC on
 Automotive Robotics Market by Type
(Articulated, Cartesian, SCARA, Cylindrical),
Component (Controller, Robotic Arm, End Effector,
Sensors, Drive), Application (Welding, Painting,
Cutting, Material Handling), and Region - Global
Forecast to 2021 Early buyers will receive 10
customization on this report. This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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