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North America Automotive Robotics Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis
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North America Automotive Robotics Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis North America Automotive Robotics Market Outlook
Automotive manufacturing industry is one of largest industries which shares more than 49% demand of automotive robotics globally. It is one of the very first industries which adopted the concept of automated robots whole heartedly for the manufacturing process. General Motors was the first company to implement automated robots for car manufacturing in 1962. Robotic systems in automotive industry are used to assist various manufacturing processes such as welding, painting, dispensing, material handling among others. Rising demands for automobiles globally made the manufacturers to shift towards automotive robotics in manufacturing as the conventional methods are inappropriate to meet present demand. Growing wage inflations and high demand for precision and quality control are also driving the global automotive robotics market. Adoption of automation ensures the workers safety, quality manufacturing, less wastage of raw materials and ensures to meet market demands on time are the key factors contributing in growth of automotive robotics market. North America automobile sales have grown by 16% in 2016 as compared to sales in 2009. Automotive OEMs are expanding their production facility and spending huge amount on automation of manufacturing units in order to sustain market competition. For instance, USD 1.4 billion expansion has been launched by General Motors to add new equipments and robots to its 1 million square feet plant which is to be increased to 4.7 million square feet by the end of 2018. Send Us Sample Request@ https://www.goldsteinresearch.com/request-sample/north-america-automotive-robotics-market-outlook-2024-oppo rtunity-assessment-and-demand-analysis-market-forecast-2016-2024 Published By: Goldstein Research
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North America Automotive Robotics Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis Market Segmentation
By Robot Type • Articulated Robots • Cartesian Robots • Cylindrical Robots • Selective Compliance Assembly Robot Arm (SCARA) By Applications • Primary Manufacturing Process Welding Metal Casting Cutting Sealing/Dispensing Painting • Secondary Manufacturing Process • Material Handling • Packaging • Palletizing • Assembly/Disassembly
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North America Automotive Robotics Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis
Based on Geography United States {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
Canada {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
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North America Automotive Robotics Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis Market Size and Forecast (2016-2024) The market for automotive robotics in North America was valued at USD 6.7 billion for 2016. It is expected to register a CAGR of 9.7% during the forecast period and reach a market sized of USD 5.1 billion by the end of the forecast period i.e. 2016-2024. Geographically, United States accounted for the highest revenue share in North America automotive robotics market with more than 65% share in total market. The auto industry employs nearly half of the 233,305 industrial robots in United States. For Instance, Michigan where General Motors and Ford and North American Division of Fiat Chrysler are based accounts for nearly 28,000 robots, which is 12% of nation's total. Canada comprises about 10% of the overall robotics market with a growth rate that surpasses the overall North American market in coming years.
North America Automotive Robotics Market Size (USD Billion), 2016-2024
North America Automotive Robot Market by Geography, 2016
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North America Automotive Robotics Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis North America Automotive Robotics Market Outlook 2024 contains detailed overview of the North America automotive robotics market in terms of market segmentation by robot type, by packaging type and by distribution channel. Further, for the in-depth analysis, North America automotive robotics market report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. North America Automotive Robotics Market Report also provides competitive outlook of some of the major players which includes profiling of companies such as ABB Limited, NOK Corp., Kawasaki Heavy Industries, KUKA Ag, Seiko Epson Corporation, Yaskawa Electric Corporation, FANUC Corporation, Yamaha Robotics, Epson Robotics, Acieta etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents comprehensive synopsis on the North America automotive robotics market trends that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. Published By: Goldstein Research
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North America Automotive Robotics Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis Scope Background Market Synopsis
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Market Segmentation North America automotive robotics market segmentation as follows: •
By Robot Type (Market Size, Demand Analysis and Growth Analysis)
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By Application Type (Market Size, Demand Analysis and Growth Analysis)
By Country •
USA {Market Size, Growth Analysis and Opportunity Analysis}
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Canada {Market Size, Growth Analysis and Opportunity Analysis}
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North America Automotive Robotics Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis 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
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North America Automotive Robotics Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis About Goldstein Research Based in U.S., Goldstein Research is a young business consulting 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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North America Automotive Robotics Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis
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Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India
+91-120-473-0422, +91-844-785-9968 sales@goldsteinresearch.com
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North America Automotive Robotics Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis
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