Aerospace Robotics Market Trend Evaluation with covid-19 impact

Aerospace Robotics Market Trend Evaluation with covid-19 impact

December 28, 2020

This new report from Stratview Research analyses the Aerospace Robotics Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Aerospace Robotics Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Aerospace Robotics Market is no different. Derived from the previous market scenario, the Aerospace Robotics Market is likely to witness an impressive CAGR of 17.2% during 2020-25 but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.

Salient Features of the Report

The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.

The following are the key features of the report:

  • Strategic segmentation
  • Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Detailed Competitive Rivalry landscaping
  • Market trend and forecast analysis
  • Future Growth Boulevards  

Get access to a deeper coverage of the impact of COVID-19 on this Market here:

Market Share Analysis

Aerospace Robotics Market Share: By Type

Based on the type, the market is segmented as articulated, cylindrical, scara, cartesian, and others. The articulated type segment is estimated to register the highest growth during the forecast period. The growth is attributed to the fact that articulated robots are preferred in most aircraft manufacturing processes, owing to their precision and high flexibility.

Aerospace Robotics Market Share: By Component Type

Based on the component type, the market is segmented as controller, sensors, drive, arm processor, and end effector. The controller segment was the largest component segment in 2018, and is also estimated to remain the largest segment in the coming five years. The unprecedented rise in aircraft deliveries is likely to underpin the market, which will consequently translate into healthy growth of the segment.

Click below to run through the detailed ToC of the report:

Aerospace Robotics Market Share: By Technology Type

Based on the technology type, the market is segmented as traditional and collaborative. The collaborative segment is expected to depict a higher growth during the forecast period, owing to the gradual adoption of collaborative robots by the aerospace industry, marked by their ability to work alongside humans.  

Aerospace Robotics Market Share: By Region

In terms of regions, North America accounted for the largest share of the aerospace robotics market in 2018, and is likely to continue its dominance during the forecast period. The market is driven by the regional presence of major aircraft manufacturers and aircraft part manufacturers along with the growing demand for commercial aircraft, which is compelling aircraft manufacturers to opt for robots and industrial automation to enhance their monthly production. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period. 

Some of the major players in the aerospace robotics market are-

  • ABB Group
  • Electroimpact Inc.
  • Fanuc Corporation
  • Gudel AG
  • Industrial Designs M. Torres
  • Sau
  • Kuka AG
  • Kawasaki Heavy Industries, Ltd.
  • Oliver Crispin Robotics Limited.
  • Universal Robots A/S.

Click here for other high value market reports from Stratview Research in the Aerospace & Defence Industry:

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. 

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Stratview Research
Direct: +1-313-307-4176

Author : Emily


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