Below are some of the key findings from this automation and robotics market in the automotive industry analysis report:
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Global automation and robotics market in the automotive industry overview
With the growing need to become lean and more flexible in assembly line operations, several automotive companies are streamlining and automating their production processes. Moreover, these companies are integrating multiple automobile production processes in a single assembly line with the aid of automation and robotics to achieve their strategic goals. These factors will increase the demand for automation and robotics as it helps in implementing post-manufacturing operations and provides cost-cutting opportunities to the key players of the automotive industry.
The improvement in system integration services is a key trend that will impact the growth of the global automation and robotics market in the automotive industry. System integrators are taking initiatives to innovate the delivery of services by capitalizing on technological improvements such as IoT and software platforms. Moreover, software platforms are being implemented to improve the efficiency, commissioning, and programming of industrial robots. Thus, improvement in system integration services will drive the automation and robotics market growth in the automotive industry at a CAGR of close to 8% during the forecast period.
Top automation and robotics companies in the automotive industry covered in this report
The global automation and robotics market in the automotive industry is highly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this automation and robotics market in the automotive industry analysis report will help clients identify and design new growth strategies.
The report offers a detailed analysis of several leading automation and robotics companies in the automotive industry including:
- ABB
- FANUC
- GENERAL ELECTRIC
- Midea Group
- Rockwell Automation
- Siemens
Automation and robotics market in the automotive industry segmentation based on product
Automation segment held the largest automation and robotics market share in the automotive industry in 2017. The market share of this segment will increase further, and it will continue to dominate the market throughout the next five years.
Automation and robotics market in the automotive industry segmentation based on region
APAC accounted for the largest automation and robotics market share in the automotive industry in 2017. This region will witness the highest incremental share to remain the market leader for the next five years.
Key highlights of the global automation and robotics market in the automotive industry for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the automation and robotics market in the automotive industry during the next five years
- Precise estimation of the global automation and robotics market size in the automotive industry and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the automation and robotics market in the automotive industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of automation and robotics companies in the automotive industry
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