Aerospace Robotics Market Global Forecast to 2022 .pdf
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Aerospace Robotics Market Global Forecast to 2022 - Market
The aerospace robotics market is projected to grow from USD 1.81 Billion in 2016 to USD 4.54 Billion by 2022,
at a CAGR of 16.55% during the forecast period. Increasing use of robots for efficient aircraft production,
growing use of robotics to handle aircraft order backlogs, and increasing labor costs are factors driving the
aerospace robotics market.
The market has been segmented on the basis of type, application, component, technology, and region. Based
on application, the aerospace robotics market has been segmented into drilling & fastening, inspection,
welding, painting & coating, and others. By type, the market has been segmented into SCARA, cylindrical,
articulated, cartesian, and others. The articulated type segment is expected to witness the highest growth
during the forecast period. Articulated robots are preferred in most aircraft manufacturing processes owing to
their high flexibility and precision.
Based on component, the market has been segmented into controller, arm processor, drive, end
effector, and sensors. The controller segment, estimated to be the largest component segment of the
market in 2016, is also projected to remain the largest by 2022. The rise in aircraft deliveries is
expected to drive the aerospace robotics market, which will consequently result in healthy growth for
the controller segment. On the basis of technology, the aerospace robotics market has been
segmented into traditional and collaborative. The collaborative segment is estimated to witness the
highest growth, as the aerospace industry is gradually adopting collaborative robots owing to their
ability to work alongside humans.
The geographical analysis of the aerospace robotics market includes regions, such as North America,
Europe, Asia-Pacific, and the rest of the world (RoW). North America is estimated to account for the
largest share of the aerospace robotics market in 2016. Presence of major aircraft manufacturers and
aircraft part manufacturers in North America is the reason behind the region’s large market share. The
increasing demand for commercial aircraft has made aircraft manufacturers turn to robots and
industrial automation to increase their monthly production.
Table of content
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
6 INDUSTRY TRENDS
7 AEROSPACE ROBOTICS MARKET, BY TYPE
8 AEROSPACE ROBOTICS MARKET, BY COMPONENT
9 AEROSPACE ROBOTICS MARKET, BY TECHNOLOGY
10 AEROSPACE ROBOTICS MARKET, BY APPLICATION
11 REGIONAL ANALYSIS
12 COMPETITIVE LANDSCAPE
13 COMPANY PROFILES
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