"Market Definition: Automobile manufacturers are incorporating robotics into their manufacturing processes since robots provide numerous benefits on the production line, including enhanced precision, efficiency, flexibility, and reliability. As a result of this widespread adoption of automotive robotics, the automobile sector has become the world’s most automated industry and one of the greatest consumers of industrial robots. Furthermore, automotive manufacturing robots provide a competitive advantage to automotive firms by improving quality, increasing capacity, lowering warranty costs, and protecting workers from tough and dangerous jobs.
Market Growth Scenario: During the forecast period, the global automotive robots market is expected to increase at a CAGR of 9.4%. The market is likely to be driven by factors such as wage inflation, automotive OEMs and component suppliers focusing on improving overall profitability, and rising vehicle demand.
BY TYPE
Articulated Robots
Cylindrical Robots
SCARA Robots
Cartesian Robots
Other
BY APPLICATION
Welding
Cutting
Material Handling, Palletizing & Packaging Application
Assembly/Disassembly Application
Others
BY COMPONENT
Controllers
Robotics Arm
Automotive Robotics Drive
Automotive Robotic Sensor
Others"
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