How big is the Automotive Robotics Market?

The Automotive Robotics Market size is expected to reach USD 10.80 billion in 2024 and grow at a CAGR of 11% to reach USD 18.40 billion by 2029. Read More

What is the current Automotive Robotics Market size?

In 2024, the Automotive Robotics Market size is expected to reach USD 10.80 billion. Read More

Who are the key players in Automotive Robotics Market?

Nachi-Fujikoshi Corp., ABB Ltd, FANUC CORPORATION, Kawasaki Robotics and Yaskawa Electric Corporation are the major companies operating in the Automotive Robotics Market. Read More

Which is the fastest growing region in Automotive Robotics Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automotive Robotics Market?

In 2024, the Asia Pacific accounts for the largest market share in Automotive Robotics Market. Read More

What years does this Automotive Robotics Market cover, and what was the market size in 2023?

In 2023, the Automotive Robotics Market size was estimated at USD 9.61 billion. The report covers the Automotive Robotics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automotive Robotics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Automotive Robotics Market - Size & Industry Growth

Automotive Robotics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Automotive Robotics Market Share & Trends and is Segmented by End-User Type (Vehicle Manufacturers and Automotive Component Manufacturers), Component Type (Controller, Robotic Arm, End Effector, and Drive and Sensors), Product Type (Cartesian Robots, SCARA Robots, Articulated Robot, and Other Product Types), Function Type (Welding Robot, Painting Robot, Assembling and Disassembling Robot, Cutting, and Milling Robot), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Covers Market Size and Forecasts in Value (USD Billion) for the Above Segments.

Automotive Robotics Industry Overview

The automotive robotics market is consolidated and led by globally and regionally established players. The companies adopt strategies such as new product launches, collaborations, and mergers to sustain their market positions.

In August 2023, Horizon Robotics, a leading provider of energy-efficient computing solutions for advanced driver assistance systems (ADAS) in consumer vehicles, formed a strategic partnership with Aptiv PLC and its subsidiary Wind River in China. The collaboration marks Aptiv's first partnership with a Chinese domestic auto-grade computing solutions supplier for ADAS and automated driving.

Some of the major players in the market include Nachi-Fujikoshi Corp., ABB Ltd, FANUC Corporation, Kawasaki Robotics, and Yaskawa Electric Corporation.