United States Automotive Robotics Market Definition
Automotive robotics is defined as the utilization of robotics technology in the automobile design, production and installation processes or systems. Its objective looks at bettering the production line as well as optimizing the working conditions of employees as it will reduce on the repetitive, time consuming and labor-intensive tasks, and instead apply computerized methods in their execution. Players in the automotive industry strive to implement smart product design and also more adjustable distribution networks in order to cope with changes within the automotive segment.Robotics technology has welcomed manufacturing departments of automobiles in the United States for over a decade. Robotic technologies in the US automotive sector exceed human features, which enables work execution at a higher speed. This increases flexibility in operations and decreases on raw materials and working process or sequence, hence brings down the costs and improves the viability of the producer.
The United States stands as a global leader in production industries, with a remarkable surge in demand for commercial robots. In 2023, the automotive sector alone experienced a 1% increase in revenue, installing 14,678 robots. This growth follows a remarkable 47% surge in installations in 2022, with 14,472 devices set up. Automotive and component manufacturers contributed 33% of all commercial robotic installations in the U.S. in 2023. According to the International Federation of Robotics (IFR), America ranks as the second-largest producer of vehicles and light vehicles worldwide, following China. This upward trend fuels the need for robots in this sector due to efforts to reinforce domestic supply chains and initiatives promoting the shift to clean energy.
The US has experienced a considerable increase in demand for cars, which is due to the increase in the nation’s household income and also strong employment opportunities in the market. This yielded significant monetary expansion and increase consumer confidence regarding large purchases such as cars. Also, with money cheap and available in many options: purchase price incentives for cars have made cars even more attractive to customers.
Current trends on American automobile market where technologies and fuel efficiency are in the spotlight has produced a dramatic shift in buyer interest especially as the stock of electric and hybrid automobiles expand with an emphasis on environmental responsibility among car buyers. Moreover, the manufacturers and dealerships have increased sales and boundless improvements in the affairs through the development of digital features, virtual showrooms, and home delivery services across the United States of America.
Industry 4.1 The financial revolution This domain relates to goal 0 as it deals with automation, real-time data, integration and machine learning. The aggressive potentate leverages intelligent technology to optimize manufacturing and supply chain. Contending that and, indeed, that critical elements - including robotics, artificial intelligence, data analytics and cloud computing - are indeed fundamental to Industry 4. 0, improving the stability and prospects of industrial robots. Ideally, there is no time to cease or reduce operations because this increases chances of success in the identified market, the market in automotive robotics in the U. S.
Established and emergent technologies like innovative LiDAR, vision systems, and radar in robotics systems enable the robotic systems to maneuver through complex spaces and cooperatively engage with people and tools in the automobile industry. By using AI algorithms decision making happens with high intimacy, movement and operations optimization. Digital twin technology creates an exact imitation of assets which can help in predicting maintenance and quality necessities. Self-organizing robots minimize the amount of material transported through the factory and improve the time taken for each process. Overall, these technologies enable robots to learn and avoid obstacles, modify their behaviors in response to different contexts, and improve path planning, which opens up new markets and addresses the need for application of automation to increase productivity, contain expenses, and enhance quality. The application of robotics systems in the automobile corporations in the U. S. helps them coordinate the mechanical processes imperative for diverse sequences of making automobiles such as assembly, welding, painting, and material transport, thereby fostering the use of automotive robotics.
United States Automobile Robotics Market Company Analysis
The United States automobile robotics market includes major companies like ABB, Fanuc Corporation, Rockwell Automation Inc., Yaskawa Electric Corporation, Kuka AG, Kawasaki Heavy Industries, Ltd, Harmonic Drive Systems Inc., Omron Corporation, and Yamaha Motor Co. Ltd.U.S. Automobile Robotics Market Company News
In February 2022, FANUC introduced the CRX family of collaborative robots, consisting of the CRX-5iA with a 5 kg payload, CRX-20iA/L with a 20 kg payload, and the CRX-25iA with a 25-30 kg payload. These models follow the CRX-10iA and CRX-10iA/L cobot models with a 10 kg payload.In April 2021, BMW i Ventures invested in Plus One Robotics, a leading vision software developer for logistical robots. The company aims to speed up supply chain and logistics automation and improve the warehouse operator experience.
By Component - United States Automotive Robotics Market breakup in 6 viewpoints:
- Sensors
- Controller
- End Effector
- Robotic Arm
- Drive
- Others
By Types- United States Automotive Robotics Market breakup in 5 viewpoints:
- Articulated
- Cartesian
- Scara
- Cylindrical
- Others
By Application- United States Automotive Robotics Market breakup in 5 viewpoints:
- Welding
- Material Handling
- Painting
- Cutting
- Others
All the key players have been covered from 4 Viewpoints:
- Overviews
- Recent Developments & Strategies
- Product Portfolio & Product Launch in Last 1 Year
- Revenue
Key Players Analysis
- ABB
- FANUC CORPORATION
- Yaskawa Electric Corporation
- Omron Adept Robotics
- Kawasaki Robotics
- Harmonic Drive System
- Nachi-Fujikoshi Corp.
- KUKA Robotics
Table of Contents
Companies Mentioned
- ABB
- FANUC CORPORATION
- Yaskawa Electric Corporation
- Omron Adept Robotics
- Kawasaki Robotics
- Harmonic Drive System
- Nachi-Fujikoshi Corp.
- KUKA Robotics
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 120 |
| Published | June 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 2.99 Billion |
| Forecasted Market Value ( USD | $ 7.4 Billion |
| Compound Annual Growth Rate | 10.5% |
| Regions Covered | United States |
| No. of Companies Mentioned | 8 |
