About Industrial Robotics Market in Automotive Industry
Industrial robots were first adopted in the automotive industry in 1960 by GM and were called Unimate. These robots could weld and handle huge payloads. Wider adoption of robots started in 1980 in response to a need to automate applications such as welding, painting, and assembling in the automotive industry. Although robots were expensive, companies were encouraged to use them more frequently in automation processes because of the faster ROI and cost-effectiveness over the long run.
Technavio’s analysts forecast the global industrial robotics market in the automotive industry to grow at a CAGR of 6.35% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial robotics market in the automotive industry for 2016-2020. The report consists of the following major segmentation.
The market is divided into the following segments based on application:
Technavio Announces the Publication of its Research Report – Global Industrial Robotics Market in Automotive Industry 2016-2020
Technavio recognizes the following companies as the key players in the Global Industrial Robotics Market in Automotive Industry: ABB, Fanuc, KUKA and Yaskawa
Other Prominent Vendors in the market are: Adept Technology, Apex Automation and Robotics, Denso Robotics, EpsonRobotics, Kawasaki Robotics, Mitsubishi Electric, Nachi Robotic Systems, Rethink Robotics, TM Robotics, and Universal Robots.
Commenting on the report, an analyst from Technavio’s team said: “With advances in technology, vendors have developed collaborative robots that can lift heavy workloads. FANUC has developed the heavy-lifting industrial collaborative robots CR-35iA that do not require fences. These machines are equipped with integrated vision technology that automatically stops the robot when in contact with human operators, ensuring a safe working environment.”
According to the report, certain essential processes such as painting and welding in the automotive industry involve operating in harsh work environments that involve high risks of industrial accidents. Therefore, auto majors are making use of industrial robots to ensure personal safety and reduce industrial accidents.
Further, the report states that general misconceptions about robots replacing human workers and the prospect of conflict with strong employee unions that fear retrenchment are major deterrents in the market.
ABB, Fanuc, KUKA, Yaskawa, Adept Technology, Apex Automation and Robotics, Denso Robotics, EpsonRobotics, Kawasaki Robotics, Mitsubishi Electric, Nachi Robotic Systems, Rethink Robotics, TM Robotics, Universal Robots.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook