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Aerospace Robotics Market by Type (Articulated, Cartesian, Cylindrical, Spherical, SCARA, and Parallel), Technology (Traditional, Collaborative), Application (Drilling, Welding, Painting, Inspection) - Global Opportunity Analysis and Industry Forecast, 2014-2022

Space	AE_172152	Pages: 120	Apr 2017 \| 2659 Views
Author's : Puja Mourya	Tables: 32	Charts: 64	Formats*:

Aerospace Robotics Market Overview:

Aerospace Robotics Market is projected to grow $5,687 million by 2022, growing at a CAGR of 17.2%. The robotics technology is used in aerospace industry for variety of applications during the manufacturing of aircraft components including welding, drilling, painting, material handling, cutting, assembly automation, and fabrication of engines. The aerospace robotics market offers automation, precision, and accuracy in repetitive tasks done in the manufacturing procedure.

Global Aerospace Robotics industry has witnessed rapid growth in the recent years, owing to growing need of automation for the efficient aircraft production. In addition, increasing labor cost across the world contributes to the market growth. However, lack of skilled workforce and high installation cost of robotic devices hamper the market growth. Moreover, upsurge in IoT (Internet of Things) trends in aircraft manufacturing companies and high paced growth in aerospace industry globally are expected to create numerous opportunities for the market during the forecast period.

The global aerospace robotics industry is expected to grow at a prominent rate during the forecast period. Technological advancements, including nanotechnology, 3D vision technology, artificial intelligence, cloud computing, drive growth of the collaborative robots in the aerospace sector. Government expenditure for the development of aerospace and defense sector is one of the major factors that drives the market growth in North America. There is continuous economic development among various countries such as India, China, Malaysia, and Singapore, which is expected to provide numerous growth opportunities in Asia-Pacific region.

The prominent players profiled in the report include ABB Group, KUKA AG, Fanuc Corporation, Yaskawa Electric Corporation, Mitsubishi Electric Corporation, JH Robotics, Inc., Oliver Crispin Robotics Limited, Electroimpact Inc., Universal Robots A/S, AV&R Vision & Robotics Inc.

Segment Overview

The global aerospace robotics market is segmented on the basis of type, technology, application, and geography. Based on type, the market is divided into articulated, cartesian, and others (cylindrical, spherical, SCARA, and parallel). Based on technology, the market is further categorized into traditional and collaborative. The market is segmented on the basis of application as drilling, welding, painting, inspection, others (cutting, assembly automation, and material handling). The aerospace robotics market is segmented based on four regions, which include North America, Europe, Asia-Pacific, and LAMEA.

Source: Primary Research, Company Releases, Government Publications, and AMR Analysis

In 2015, the articulated type segment dominated the global aerospace robotics market owing to the huge utilization in the aircraft manufacturing process that includes arc welding, material handling, dispensing, material removal, and deburring. Collaborative technology segment is expected to grow at the fastest rate during the forecast period primarily due to the increasing investments for automation by aircraft manufacturing companies. In addition, North America generated the highest revenue in the global aerospace robotics market in 2015, owing to the government expenditure for the growth of aerospace and defense sector in the region.

Global Aerospace Robotics Market Top Impacting Factors

Source: Primary Research, Company Releases, and AMR Analysis

Factors that affect the growth of the aerospace robotics market include the need for automation of efficient aircraft production and the growing use of robotics to handle aircraft order backlog. Aerospace robots automate internal processes, perform repetitive tasks with accuracy, and reduce the workload of employees by working in collaboration with workers. Various companies such as Airbus Group, The Boeing Company, and Bombardier Inc., are implementing automation and robotics technologies in their manufacturing processes for efficient production of aircraft and to handle order backlogs. However, lack of skilled workforce to develop and implement robotics technology restricts the growth of the aerospace robotics market. Moreover, the growing aerospace industry at a high pace and technological advancements such as 3D vision technology, Internet of Things (IoT), artificial intelligence, and cloud computing is likely to provide huge growth opportunities to the market. Each factor has its definite impact on the aerospace robotics market.

Key Benefits

The study provides an in-depth analysis of the aerospace robotics market along with current and future trends to elucidate the imminent investment pockets.
Information regarding key drivers, restraints, and opportunities along with their impact analysis on the aerospace robotics industry is discussed.
Porters Five Forces analysis of the aerospace robotics industry illustrates the potency of buyers and suppliers participating in the global aerospace robotics market.
The quantitative analysis of the market from 2014 to 2022 is provided to elaborate the market potential.
The market shares and key strategies of market players has been comprehensively analyzed in the market report.

Aerospace Robotics Market Key Segments

The global aerospace robotics market is segmented based on type, technology, application, and geography.

By Type

Articulated
Cartesian
Others (Cylindrical, Spherical, SCARA, and Parallel)

By Technology

Traditional
Collaborative

By Application

Drilling
Welding
Painting
Inspection
Others (Cutting, Assembly Automation, and Material Handling)

By Geography

North America
- U.S.
- Canada
- Mexico
Europe
- U.K.
- Germany
- France
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players Profiled in the Report

ABB Group
KUKA AG
Fanuc Corporation
Yaskawa Electric Corporation
Mitsubishi Electric Corporation
JH Robotics, Inc.
Oliver Crispin Robotics Limited
Electroimpact Inc.
Universal Robots A/S
AV&R Vision & Robotics Inc.

Other Companies Mentioned in the Report

GKN Aerospace
Boeing Company
Pratt & Whitney
GKN Plc
Airbus Group
Bombardier Inc.
Daher Aerospace SAS

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top winning strategies
3.2.3. Top investment pockets

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Moderate bargaining power of suppliers
3.3.2. High bargaining power of buyers
3.3.3. Low threat of substitutes
3.3.4. Low threat of new entrants
3.3.5. Moderate intensity of competitive rivalry

3.4. MARKET SHARE ANALYSIS
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increasing need for efficient aircraft production
3.5.1.2. Growing use of robotics to handle aircraft order backlog
3.5.1.3. Increasing labor cost

3.5.2. Restraints

3.5.2.1. Lack of skilled workforce
3.5.2.2. High initial cost

3.5.3. Opportunities

3.5.3.1. Technological advancement
3.5.3.2. High pace growth in aerospace industry

Chapter: 4 GLOBAL AEROSPACE ROBOTICS MARKET, BY TYPE

4.1. OVERVIEW
4.2. ARTICULATED

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast

4.3. CARTESIAN

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast

4.4. OTHERS (CYLINDRICAL, SPHERICAL, SCARA, AND PARALLEL)

4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast

Chapter: 5 GLOBAL AEROSPACE ROBOTICS MARKET, BY TECHNOLOGY

5.1. OVERVIEW
5.2. TRADITIONAL

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast

5.3. COLLABORATIVE

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

Chapter: 6 GLOBAL AEROSPACE ROBOTICS MARKET, BY APPLICATION

6.1. OVERVIEW
6.2. DRILLING

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast

6.3. WELDING

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

6.4. PAINTING

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast

6.5. INSPECTION

6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast

6.6. OTHERS (CUTTING, ASSEMBLY AUTOMATION, AND MATERIAL HANDLING)

6.6.1. Key market trends
6.6.2. Key growth factors and opportunities
6.6.3. Market size and forecast

Chapter: 7 GLOBAL AEROSPACE ROBOTICS MARKET, BY GEOGRAPHY

7.1. OVERVIEW
7.2. NORTH AMERICA

7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast

7.2.3.1. US
7.2.3.2. Canada
7.2.3.3. Mexico

7.3. EUROPE

7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast

7.3.3.1. UK
7.3.3.2. Germany
7.3.3.3. France
7.3.3.4. Rest of Europe

7.4. ASIA-PACIFIC

7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast

7.4.3.1. China
7.4.3.2. Japan
7.4.3.3. India
7.4.3.4. Rest of Asia-Pacific

7.5. LAMEA

7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast

7.5.3.1. Latin America
7.5.3.2. Middle East
7.5.3.3. Africa

Chapter: 8 COMPANY PROFILES

8.1. ABB GROUP

8.1.1. Company overview
8.1.2. Business performance
8.1.3. Strategies moves and developments

8.2. KUKA AG

8.2.1. Company overview
8.2.2. Business performance
8.2.3. Strategies moves and developments

8.3. FANUC CORPORATION

8.3.1. Company overview
8.3.2. Business performance
8.3.3. Strategies moves and developments

8.4. YASKAWA ELECTRIC CORPORATION

8.4.1. Company overview
8.4.2. Business performance
8.4.3. Strategies moves and developments

8.5. MITSUBISHI ELECTRIC CORPORATION

8.5.1. Company overview
8.5.2. Business performance
8.5.3. Strategies moves and developments

8.6. JH ROBOTICS, INC.

8.6.1. Company overview
8.6.2. Business performance
8.6.3. Strategies moves and developments

8.7. OLIVER CRISPIN ROBOTICS LIMITED

8.7.1. Company overview
8.7.2. Business performance
8.7.3. Strategies moves and developments

8.8. ELECTROIMPACT INC.

8.8.1. Company overview
8.8.2. Business performance
8.8.3. Strategies moves and developments

8.9. UNIVERSAL ROBOTS A/S

8.9.1. Company overview
8.9.2. Business performance
8.9.3. Strategies moves and developments

8.10. AV&R VISION & ROBOTICS INC.

8.10.1. Company overview
8.10.2. Business performance
8.10.3. Strategies moves and developments

LIST OF TABLES

TABLE 1. GLOBAL AEROSPACE ROBOTICS MARKET, BY TYPE, 2014-2022 ($MILLION)
TABLE 2. GLOBAL ARTICULATED AEROSPACE ROBOTICS MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 3. GLOBAL CARTESIAN AEROSPACE ROBOTICS MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 4. GLOBAL OTHERS AEROSPACE ROBOTICS MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 5. GLOBAL AEROSPACE ROBOTICS MARKET, BY TECHNOLOGY, 2014-2022 ($MILLION)
TABLE 6. GLOBAL TRADITIONAL AEROSPACE ROBOTICS MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 7. GLOBAL COLLABORATIVE AEROSPACE ROBOTICS MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 8. GLOBAL AEROSPACE ROBOTICS MARKET, BY APPLICATION, 2014-2022 ($MILLION)
TABLE 9. GLOBAL AEROSPACE ROBOTICS MARKET FOR DRILLING, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 10. GLOBAL AEROSPACE ROBOTICS MARKET FOR WELDING, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 11. GLOBAL AEROSPACE ROBOTICS MARKET FOR PAINTING, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 12. GLOBAL AEROSPACE ROBOTICS MARKET FOR INSPECTION, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 13. GLOBAL AEROSPACE ROBOTICS MARKET FOR OTHERS, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 14. GLOBAL AEROSPACE ROBOTICS MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 15. NORTH AMERCA AEROSPACE ROBOTICS MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 16. NORTH AMERICA AEROSPACE ROBOTICS MARKET, BY TECHNOLOGY, 2014-2022 ($MILLION)
TABLE 17. EUROPE AEROSPACE ROBOTICS MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 18. EUROPE AEROSPACE ROBOTICS MARKET, BY TECHNOLOGY, 2014-2022 ($MILLION)
TABLE 19. ASIA-PACIFIC AEROSPACE ROBOTICS MARKET, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 20. ASIA-PACIFIC AEROSPACE ROBOTICS MARKET, BY TECHNOLOGY, 2014-2022 ($MILLION)
TABLE 21. LAMEA AEROSPACE ROBOTICS MARKET, BY REGION, 2014-2022 ($MILLION)
TABLE 22. LAMEA AEROSPACE ROBOTICS MARKET, BY TECHNOLOGY, 2014-2022 ($MILLION)
TABLE 23. ABB GROUP: COMPANY SNAPSHOT
TABLE 24. KUKA AG: COMPANY SNAPSHOT
TABLE 25. FANUC CORPORATION: COMPANY SNAPSHOT
TABLE 26. YASKAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 27. MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 28. JH ROBOTICS, INC.: COMPANY SNAPSHOT
TABLE 29. OLIVER CRISPIN ROBOTICS LIMITED: COMPANY SNAPSHOT
TABLE 30. ELECTROIMPACT INC.: COMPANY SNAPSHOT
TABLE 31. UNIVERSAL ROBOTS A/S: COMPANY SNAPSHOT
TABLE 32. AV&R VISION & ROBOTICS INC.: COMPANY SNAPSHOT

LIST OF FIGURES

FIGURE 1. GLOBAL AEROSPACE ROBOTICS MARKET SEGMENTATION
FIGURE 2. EXECUTIVE SUMMARY
FIGURE 3. TOP IMPACTING FACTORS
FIGURE 4. KEY WINNING STARTEGIES
FIGURE 5. KEY INVESTMENT POCKETS
FIGURE 6. PORTERS FIVE FORCES ANALYSIS
FIGURE 7. BARGAINING POWER OF SUPPLIERS
FIGURE 8. BARGAINING POWER OF BUYERS
FIGURE 9. THREAT OF SUBSTITUTES
FIGURE 10. THREAT OF NEW ENTRANTS
FIGURE 11. COMPETITIVE RIVALRY
FIGURE 12. MARKET SHARE ANALYSIS
FIGURE 13. MARKET DYNAMICS
FIGURE 14. GLOBAL AEROSPACE ROBOTICS MARKET, BY TYPE
FIGURE 15. GLOBAL AEROSPACE ROBOTICS MARKET, BY TYPE, 2014-2022 ($MILLION)
FIGURE 16. GLOBAL ARTICULATED AEROSPACE ROBOTICS MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
FIGURE 17. GLOBAL CARTESIAN AEROSPACE ROBOTICS MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
FIGURE 18. GLOBAL OTHERS AEROSPACE ROBOTICS MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
FIGURE 19. GLOBAL AEROSPACE ROBOTICS MARKET, BY TECHNOLOGY
FIGURE 20. GLOBAL AEROSPACE ROBOTICS MARKET, BY TECHNOLOGY, 2014-2022 ($MILLION)
FIGURE 21. GLOBAL TRADITIONAL AEROSPACE ROBOTICS MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
FIGURE 22. GLOBAL COLLABORATIVE AEROSPACE ROBOTICS MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
FIGURE 23. GLOBAL AEROSPACE ROBOTICS MARKET, BY APPLICATION
FIGURE 24. GLOBAL AEROSPACE ROBOTICS MARKET, BY APPLICATION, 2014-2022 ($MILLION)
FIGURE 25. GLOBAL AEROSPACE ROBOTICS MARKET FOR DRILLING, BY GEOGRAPHY, 2014-2022 ($MILLION)
FIGURE 26. GLOBAL AEROSPACE ROBOTICS MARKET FOR WELDING, BY GEOGRAPHY, 2014-2022 ($MILLION)
FIGURE 27. GLOBAL AEROSPACE ROBOTICS MARKET FOR PAINTING, BY GEOGRAPHY, 2014-2022 ($MILLION)
FIGURE 28. GLOBAL AEROSPACE ROBOTICS MARKET FOR INSPECTION, BY GEOGRAPHY, 2014-2022 ($MILLION)
FIGURE 29. GLOBAL AEROSPACE ROBOTICS MARKET FOR OTHERS, BY GEOGRAPHY, 2014-2022 ($MILLION)
FIGURE 30. GLOBAL AEROSPACE ROBOTICS MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
FIGURE 31. NORTH AMERICA AEROSPACE ROBOTICS MARKET, BY COUNTRY, 2014-2022 ($MILLION)
FIGURE 32. EUROPE AEROSPACE ROBOTICS MARKET, BY COUNTRY, 2014-2022 ($MILLION)
FIGURE 33. ASIA-PACIFIC AEROSPACE ROBOTICS MARKET, BY COUNTRY, 2014-2022 ($MILLION)
FIGURE 34. LAMEA AEROSPACE ROBOTICS MARKET, BY COUNTRY, 2014-2022 ($MILLION)
FIGURE 35. ABB GROUP: REVENUE, 2013-2015 ($MILLION)
FIGURE 36. ABB GROUP: REVENUE BY SEGMENT, 2015 (%)
FIGURE 37. ABB GROUP: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 38. KUKA AG: REVENUE, 2013-2015 ($MILLION)
FIGURE 39. KUKA AG: REVENUE BY SEGMENT, 2015 (%)
FIGURE 40. KUKA AG: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 41. FANUC CORPORATION: REVENUE, 2013-2015 ($MILLION)
FIGURE 42. FANUC CORPORATION: REVENUE BY SEGMENT, 2015 (%)
FIGURE 43. FANUC CORPORATION: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 44. YASKAWA ELECTRIC CORPORATION: REVENUE, 2013-2015 ($MILLION)
FIGURE 45. YASKAWA ELECTRIC CORPORATION: REVENUE BY SEGMENT, 2015 (%)
FIGURE 46. YASKAWA ELECTRIC CORPORATION: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 47. MITSUBISHI ELECTRIC CORPORATION: REVENUE, 2013-2015 ($MILLION)
FIGURE 48. MITSUBISHI ELECTRIC CORPORATION: REVENUE BY SEGMENT, 2015 (%)
FIGURE 49. MITSUBISHI ELECTRIC CORPORATION: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 50. JH ROBOTICS, INC.: REVENUE, 2013-2015 ($MILLION)
FIGURE 51. JH ROBOTICS, INC.: REVENUE BY SEGMENT, 2015 (%)
FIGURE 52. JH ROBOTICS, INC.: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 53. OLIVER CRISPIN ROBOTICS LIMITED: REVENUE, 2013-2015 ($MILLION)
FIGURE 54. OLIVER CRISPIN ROBOTICS LIMITED: REVENUE BY SEGMENT, 2015 (%)
FIGURE 55. OLIVER CRISPIN ROBOTICS LIMITED: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 56. ELECTROIMPACT INC.: REVENUE, 2013-2015 ($MILLION)
FIGURE 57. ELECTROIMPACT INC.: REVENUE BY SEGMENT, 2015 (%)
FIGURE 58. ELECTROIMPACT INC.: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 59. UNIVERSAL ROBOTS A/S: REVENUE, 2013-2015 ($MILLION)
FIGURE 60. UNIVERSAL ROBOTS A/S: REVENUE BY SEGMENT, 2015 (%)
FIGURE 61. UNIVERSAL ROBOTS A/S: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 62. AV&R VISION & ROBOTICS INC.: REVENUE, 2013-2015 ($MILLION)
FIGURE 63. AV&R VISION & ROBOTICS INC.: REVENUE BY SEGMENT, 2015 (%)
FIGURE 64. AV&R VISION & ROBOTICS INC.: REVENUE BY GEOGRAPHY, 2015 (%)

The aerospace industry uses robotics technology to manufacture aircraft components. Aerospace robots are used for various manufacturing process such as welding, drilling holes, inspection, painting, material handling, assembly automation, and others. The robotic devices offer automation, efficiency, and ability to accurately perform intricate tasks. Technologically advanced collaborative robots are used in the aerospace industry owing to increase in investment for automation among aircraft manufacturing companies and adoption of advanced technologies including Internet of Things (IoT), 3D technology, nanotechnology, and cloud computing. For instance, in November 2016, the Boeing Company announced to implement automated machines and robots for aircraft manufacturing in its 777X Composite Wing Center.

The growth of the aerospace robotics industry is hampered by high installation cost for implementing robots. However, rapid growth in the aerospace industry is expected to drive the aerospace robotics market. Leading players in the market have collaborated with other companies to expand their product portfolio and increase their market potential. North America generated the maximum revenue in the global aerospace robotics industry, owing to rapid technological advancements and heavy government expenditure for the development of the aerospace and defense industry.

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Aerospace Robotics Market by Type (Articulated, Cartesian, Cylindrical, Spherical, SCARA, and Parallel), Technology (Traditional, Collaborative), Application (Drilling, Welding, Painting, Inspection) - Global Opportunity Analysis and Industry Forecast, 2014-2022

Aerospace Robotics Market Overview: