Aerospace Robotics Market to Grow with a CAGR of 6.92% through 2028
Increasing demand for precision and
automation in aircraft manufacturing and maintenance are the factors driving
market in the forecast period 2024-2028
According to TechSci Research report, “Aerospace
Robotics Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, the Global Aerospace Robotics Market
stood at USD 4.72 billion in 2022 and is anticipated to grow with a CAGR of 6.92%
in the forecast period, 2024-2028 The Global Aerospace Robotics Market is
experiencing significant growth due to the increasing integration of automation
and robotics in the aerospace industry. Aircraft manufacturers and maintenance
facilities are leveraging robotics to enhance productivity, reduce production
time, and ensure precision in their operations. With a growing emphasis on
cost-efficiency and safety, the aerospace sector is witnessing a surge in the
adoption of robotics.
The demand for aerospace robotics is driven by the
need for increased efficiency in aircraft manufacturing and maintenance. Robots
are employed for tasks such as drilling, riveting, painting, and inspection,
contributing to faster production and improved quality control. In the
maintenance segment, robots are utilized for tasks like aircraft inspection,
repair, and maintenance, reducing downtime and ensuring aircraft are in optimal
condition.
The aerospace robotics market is marked by
advancements in technology, including the use of collaborative robots (cobots)
that can work alongside human operators, making processes more flexible and
efficient. With North America leading the market, key players in the aerospace
robotics industry are continually innovating and collaborating with aerospace
companies to meet the demands of the evolving aerospace sector. As a result,
the aerospace robotics market is expected to maintain its growth trajectory in
the coming years.
Browse over XX market data Figures spread
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Robotics Market.”
North America is a dominant region in the global
aerospace robotics market. The United States, in particular, plays a
significant role due to its strong presence in the aerospace industry. Major
aerospace manufacturers and maintenance facilities are continuously adopting
robotics to improve production and maintenance processes. The region benefits
from advanced research and development efforts in aerospace robotics, leading
to innovative solutions that cater to the specific demands of the aerospace
sector.
Europe is another key player in the aerospace robotics
market. The European aerospace industry is characterized by advanced
technologies and a strong focus on automation. European aerospace companies use
robotics for manufacturing, assembly, and maintenance, emphasizing precision
and quality. Collaborative efforts between academia and industry players have
contributed to the development of cutting-edge robotics technologies in the
region. The Asia-Pacific region is experiencing substantial growth in aerospace
robotics adoption. Emerging economies like China and India are investing in
their aerospace sectors, leading to an increased demand for automation and
robotics solutions. In addition to manufacturing, the maintenance and repair
segment is also witnessing a rise in the use of robotics. Asia-Pacific is
poised to become a major player in the global aerospace robotics market in the
coming years.
The Middle East is an emerging market for aerospace
robotics, primarily driven by the region's growing aviation industry. As
countries in the Middle East expand their aviation capabilities, there is an
increasing focus on adopting advanced technologies, including robotics, to
enhance aircraft production and maintenance. This region offers significant
growth opportunities for robotics companies and suppliers. Other regions,
including South America and Africa, are gradually embracing aerospace robotics,
albeit at a slower pace compared to the previously mentioned regions. The
aerospace industries in these regions are in the early stages of development
and are expected to witness increased robotics adoption as they expand and
modernize.
In summary, the global aerospace robotics market is
influenced by various regions, with North America and Europe currently leading
in terms of adoption and technological advancements. The Asia-Pacific region is
emerging as a major player, while other parts of the world are expected to
catch up as their aerospace sectors grow. Collaboration between regions,
technology transfer, and knowledge sharing contribute to the global growth of
aerospace robotics.
Major companies operating in Global Aerospace Robotics
Market are:
- Kuka AG
- ABB Group
- Fanuc Corporation
- Yaskawa electric corporation
- Kawasaki Heavy Industries Ltd
- Mtorres
- Oliver Crispin Robotics Limited
- Gudel AG
- Electroimpact Inc.
- Universal Robots A/S
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“The global aerospace robotics industry believe that
the sector is entering a transformative phase. Robotics and automation are
becoming central to aerospace manufacturing and maintenance processes. As technology
advances and collaborative robots gain importance, the industry will benefit
from increased efficiency, precision, and safety, ultimately resulting in
enhanced aircraft production and maintenance capabilities. Continuous research
and development, combined with cross-industry collaboration, will shape the
future of aerospace robotics,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based management consulting firm.
“Global
Aerospace Robotics Market – Global Industry Size, Share, Trends, Opportunity,
and Forecast, 2018-2028, Segmented By Type (Traditional Robots and
Collaborative Robots), By Application (Drilling, Welding, Painting, Inspection,
Others), By Region and By Competition Forecast
& Opportunities, 2018-2028F”, has evaluated the future growth potential of Global Aerospace
Robotics Market and provides statistics & information on market size, structure,
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Aerospace Robotics
Market.
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