Aerospace Robotics Market Share, Size, Trends, Industry Analysis Report, By Solution (Traditional Robots, Collaborative Robots); By Component (Controller, Sensor, Drive, End Effector); By Payload; By Application; By Region; Segment Forecast, 2022 - 2030
The global aerospace robotics market size is expected t-reach USD 7.23 billion by 2030 according t-a new study by Polaris Market Research. The report “Aerospace Robotics Market Share, Size, Trends, Industry Analysis Report, By Solution (Traditional Robots, Collaborative Robots); By Component (Controller, Sensor, Drive, End Effector); By Payload; By Application; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight int-current market dynamics and provides analysis on future market growth.
The global market is expanding rapidly worldwide, and this trend is projected t-continue throughout the forecast period. The aerospace robotics market is developing due t-rising worldwide aircraft demand and manufacture, increasing usage of robots for efficient aircraft manufacturing processes, increasing use of robotics t-manage aircraft orders backlog, and increasing manual labor costs.
Fabrication activities such as trimming, carbon fiber layup, routing, and drilling can benefit from robotics. Aviation robots commonly perform assembly tasks such as attaching, sealing, and painting. The heavy parts are moved around on Automated Guided Vehicles due t-the adoption of automation technology (AGVs). The robots are then placed in their proper positions and put t-work. End effectors, the parts of robots that interact with their surroundings, increase their capacity t-handle heavier weights t-move heavy aircraft components.
Owing t-an increase in demand for composites-based components in the aerospace industry, such as efficient engine rotor blades and aircraft frame structure, the composites application segment is predicted t-develop at a faster CAGR over the forecast period. Carbon fiber reinforced plastic (CFRP) applications are als-in high demand. Press unloading, forging, foundry, handling, and other processes are part of the material handling segment.
Painting, cleaning, laser treatment, high-pressure water jet washing, and other surface treatments are als-included in the surface treatment sector. Drilling, eddy-current inspection, welding, and other processes are included in the assembly section. Due t-the widespread use of robots for welding, drilling, and painting applications in aircraft manufacturing, this sector is witnessed t-have the highest market share in 2021.
The escalating demand from emerging markets such as India and China will create a lucrative growth opportunity in the Asia Pacific region. The aviation industry has made significant contributions t-regional market growth. The supportive initiatives taken by the government which ensure the automation of the aerospace sector is another factor augmenting the market growth.
Kuka AG, ABB Group, Fanuc Corporation, Yaskawa Electric, Kawasaki Heavy Industries, Mtorres, Oliver Crispin Robotics, Gudel Ag, Electroimpact Inc., Universal Robots A/S, Swisslog Ag, Reis Robotics, Boston Dynamics, Bosch Rexroth are some of the players operating in the market. In November 2021, the new LR-10iA/10 robot from FANUC America was designed for machine handling and selected applications in the warehouse and logistics industry.
Polaris Market Research has segmented the aerospace robotics market report based on component, solution, payload, application, and region:
Aerospace Robotics, Component Outlook (Revenue – USD Million, 2018 – 2030)
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook