The automotive industry is highly dynamic, requiring extreme flexibility from auto manufacturers. Thus the manufacturers are increasingly expanding their core competencies by incorporating smart product systems and flexible logistics systems. The automotive industry has been making use of industrial robotics in their production process for many years now. Robotic systems in the automotive industry are cost effective, efficient and safe as they are capable of discharging their job quicker than their human counterpart. The reduction in operating costs can be achieved by improving operational flexibility along with minimizing raw material wastage and errors in the workflow, which in turn enhances the profitability of the manufacturers.
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The global automotive robotics market can be segmented on the basis of type of robot into SCARA, Articulated, Cylindrical and Cartesian. Articulated robot segment is expected to hold the largest share of the global market during the forecast period, as it is more widely preferred in comparison to the other types. Articulated robots are more popular owing to its higher degree of freedom which makes them suitable to be used in multiple applications and provides the manufacturer with a larger work envelope. By components, the global market can be segregated into sensors, robotic arm, controller, end effector and drive. Robotic controllers are expected to project health growth during the forecast period, owing to the consistent growth in demand for automated solution and steady development in advanced technologies. Additionally, the market can be classified by application into material handling, welding, painting and cutting.
The global Automotive Robotics market can be further classified geographically into North America, Europe, Asia Pacific, South America and Middle East and Africa. Asia Pacific is estimated to witness the fast growth in the automotive robotics market from 2017-2025 and this can be attributed to the persistent demand of the OEMs to automate their production facilities, thereby reducing the time-to-market and gaining greater control over their production activity.
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