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Asia Pacific Automotive Robotics Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024
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Asia Pacific Automotive Robotics Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024 Asia Pacific Automotive Robotics Market Automotive manufacturing industry is one of the first industries to adopt robotic automation whole heartedly and gradually benefitted from successive developments in robotics technology. In past few years, robots have become smaller, more precise and multi functional, making them important for the automotive manufacturing process. High costs related to the future-generation automotive technology, skilled labors and safety systems fuel the demand for automotive robots to accommodate changeovers in product. Automotive robots are designed to provide cost effectiveness, flexible automation solutions and preciseness of manufacturing process. Furthermore, automotive robots perform welding, material handling, palletizing, assembly and inspection processes in automotive industry. China is the largest car market globally, producing over 24 million units of vehicles. Huge automotive industry of China is largest consumer of robots and accounts for more than 40% of total robot supply. According to international federation of robotics Japan has the highest robot density with 1,276 robot units per 10,000 employees, followed by republic of Korea and USA both with 1,218 units. Wage inflations and price competitiveness in developed countries significantly driving the growth rate of automotive market.
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Asia Pacific Automotive Robotics Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024 Market Segmentation By Robot Type •
Articulated Robots
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Cartesian Robots
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Cylindrical Robots
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Selective Compliance Assembly Robot Arm (SCARA)
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By Applications •
Primary Manufacturing Process
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Welding
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Metal Casting
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Cutting
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Sealing/Dispensing
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Painting
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Secondary Manufacturing Process
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Material Handling
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Packaging
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Palletizing
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Assembly/Disassembly
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Asia Pacific Automotive Robotics Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024
Based on Geography Sample Request • North America Interactive Robots Market(U.S. & Canada) {Market Share (%), Market Size (USD Billion)} • Latin America Interactive Robots Market (Brazil, Mexico, Argentina & Rest of Latin America) {Market Share (%), Market Size (USD Billion)} • Europe Interactive Robots Market (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & RoE) {Market Share (%), Market Size (USD Billion)} • Asia-Pacific Interactive Robots Market (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Share (%), Market Size (USD Billion)} • Middle East & Africa Interactive Robots Market (GCC, South Africa, North Africa, RoMEA) {Market Share (%), Market Size (USD Billion)}
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Asia Pacific Automotive Robotics Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024 Market Size and Forecast (2016-2024) Asia Pacific automotive robotics market size accounted for USD 2.7 billion in 2016 and the market is expected to reach USD 5.8 billion by the end of 2024. Further, the market is anticipated to expand at a compound annual growth rate of 10.1% over the forecast period i.e. 2016-2024. Geographically, China accounted for the highest revenue share in Asia Pacific automotive robotics market in 2016 with more than USD 0.80 billion revenue share. Japan accounts for the second highest revenue share in Asia Pacific region closely followed by India. Automotive manufacturers are highly investing in India to setup new manufacturing units and to develop existing ones. For instance, Maruti Suzuki India Ltd., manufacturing plant in Gurgaon, has at least 1 robot per worker. The manufacturing plant is equipped with more than 2,000 robots for welding and more than 200 robots for paint shop. Singapore and Thailand are also expected to grow significantly owing to growing automobile demand and shortage of labors in Singapore.
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Asia Pacific Automotive Robotics Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024 Scope Background Market Synopsis
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Asia Pacific Automotive Robotics Market Segmentation Asia Pacific Automotive Robotics industry is segmented as follows: •
By Robot Type (Market Size, Demand Analysis and Growth Analysis)
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By Applications (Market Size, Demand Analysis and Growth Analysis)
By Country •
North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
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Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
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Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
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Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis}
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Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
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Rest of World {Market Size, Growth Analysis and Opportunity Analysis}
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Asia Pacific Automotive Robotics Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024 Market Dynamics: Growth Drivers, Restraints and Opportunities o Risk Factors o Regional Variations o Recent Trends and Developments
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Key Market Players o Synopsis o Business Strategy o Product Portfolio o SWOT Analysis Porter’s Five Force Model Market Landscape: Competition and Beyond Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem Expert Analysis Concluding Remarks Request for TOC @ https://www.goldsteinresearch.com/toc-request/asia-pacific-automotive-robotics-market-outlook-20 24-regional-opportunity-and-demand-analysis-market-forecast-2016-2024 Published By: Goldstein Research
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Asia Pacific Automotive Robotics Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024 About Goldstein Research Based in U.S., Goldstein Research is a young business consulting company and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Published By: Goldstein Research
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Asia Pacific Automotive Robotics Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024
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Asia Pacific Automotive Robotics Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024
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