Aerospace Robotics Market - Global Forecast to 2022 - Market Research Reports

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.


Browse Full Market Research Report@ Aerospace Robotics Market
To See Latest Related Market Reports: Aerospace and Defense Market Research Reports
1 INTRODUCTION
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
14 APPENDIX
Get Sample Report Visit @ Aerospace Robotics Market - Global Forecast to 2022


About JSB Market Research -
JSB Market Research is one of the most significant databases of online market researches and intelligence reports and services. We specialize in providing market research reports for various industries. The online portal for marketing research deals with access to global market data and assists in providing expert insights and exposure on global companies, industries, products and trends.

Contact Details:
JSB Market Research
Phone: 91 - 998 729 5242
Email - enquiry@jsbmarketresearch.com
Blog: http://www.jsbmarketresearch.com/blog/
Website: www.jsbmarketresearch.com
Aerospace Robotics Market.jpg
Name
Email
Comment
Or visit this link or this one