Automotive Manufacturing Equipment Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The automotive manufacturing equipment market size has grown rapidly in recent years. It will grow from $7.53 billion in 2024 to $8.38 billion in 2025 at a compound annual growth rate (CAGR) of 11.2%. The growth in the historic period can be attributed to economic growth, consumer preferences, regulatory standards, globalization of supply chains, cost efficiency.

The automotive manufacturing equipment market size is expected to see strong growth in the next few years. It will grow to $12.06 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to electric vehicle adoption, industry 4 integration, environmental sustainability, supply chain resilience, customization demands. Major trends in the forecast period include adoption of industry 4 technologies, introduction of collaborative robots (cobots), integration of augmented reality (ar) and virtual reality (vr), implementation of 3d printing/additive manufacturing, shift towards flexible and modular production systems, development of advanced material handling systems.

The rising demand for electric vehicles is anticipated to drive the expansion of the automotive manufacturing equipment market in the coming years. An electric vehicle (EV) is a type of automobile powered primarily or exclusively by electricity, as opposed to traditional internal combustion engines that use gasoline or diesel. Automotive manufacturing equipment is crucial in shaping the future of transportation, particularly regarding electric vehicles, where precision, efficiency, and innovation come together to support the sustainable automotive revolution. For example, in July 2023, the International Energy Agency, a France-based intergovernmental organization, reported that electric vehicle sales reached 10 million in 2022 and are projected to rise to 14 million in 2023. Thus, the increasing demand for electric vehicles is propelling the growth of the automotive manufacturing equipment market.

The escalating adoption of Industry 4 is expected to contribute to the growth of the automotive manufacturing equipment market. Industry 4.0, characterized by the integration of smart technologies, automation, and data exchange in manufacturing processes, enhances automotive manufacturing equipment. This integration facilitates real-time data monitoring, predictive maintenance, and interconnected systems, ultimately improving efficiency and optimizing production. According to the Central Indiana Corporate Partnership in December 2022, the implementation rate of Industry 4 technologies, including autonomous mobile robots, increased to 16%, up from 11% in 2021. Thus, the growing adoption of Industry 4 acts as a driving force for the automotive manufacturing equipment market.

Leading companies in the market are prioritizing product innovation to boost revenues. An example of such innovation is the introduction of the M-1000iA, the largest serial-link robot, by FANUC, a Japan-based robotics company, in January 2022. This heavy-duty robot is designed with a serial-link configuration, featuring a series of rigid links connected end-to-end in a chain-such as structure. Capable of handling heavy items such as automotive components, construction materials, and electric vehicle battery packs, the M-1000iA offers a broader range of motion in every direction. Its versatility is enhanced, allowing it to extend its arm upright or rotate it backward. With a 1000 kg payload, 3,253mm horizontal reach, and 4,297mm vertical reach, the M-1000iA is an ideal choice for manufacturers aiming to boost output and maximize production line efficiency.

In August 2021, Nidec Corporation, a Japan-based commercial company, acquired Mitsubishi Heavy Industries Machine Tool Co. Ltd. for an undisclosed amount. This acquisition aligns with Nidec Corporation's goal of complementing their existing businesses, especially in machinery, element technology development, manufacturing, sales, and other areas within their group's operations. Mitsubishi Heavy Industries Machine Tool Co. Ltd., a Japanese machine industry company, specializes in providing machinery, equipment, and tool systems for automotive manufacturing.

Major companies operating in the automotive manufacturing equipment market report are Siemens AG, Denso Corporation, Mitsubishi Electric Corporation, ABB Ltd., Emerson Electric Co., JTEKT Corporation, Seiko Epson Corporation, Rockwell Automation Inc., Bosch Rexroth AG, FANUC Corporation, Hexagon AB, Trumpf GmbH, Dürr Group, Daifuku Co. Ltd., Yaskawa Electric Corporation, KUKA AG, DMG MORI Co. Ltd., Amada Co. Ltd., ATS Automation Tooling Systems Inc., Nachi-Fujikoshi Corporation, Schuler AG, Stäubli International AG, Okuma Corporation, Cognex Corporation, AIDA Engineering Ltd., HD Hyundai Robotics, Fronius International GmbH, Kawasaki Heavy Industries Ltd., Universal Robots A/S, Comau SpA.

North America was the largest region in the automotive manufacturing equipment market in 2024. The regions covered in the automotive manufacturing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive manufacturing equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automotive manufacturing equipment market consists of sales of spare parts, replacement components, and specialized equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Automotive manufacturing equipment encompasses specialized machinery, tools, and systems dedicated to the production and assembly of various motorized vehicles, including cars, trucks, motorcycles, and similar modes of transportation. Its purpose is to execute diverse tasks within the automotive manufacturing process, ranging from cutting, shaping, welding, and assembling to painting and inspecting vehicle components and parts.

The primary types of automotive manufacturing equipment include CNC machines, conveyor belts, injection molding machines, robots, stamping machines, and welding machines. A conveyor belt is a continuously moving surface or mechanism employed to transport goods, materials, or products within a manufacturing facility from one location to another. The equipment operates through various modes, including automatic and semi-automatic, catering to different vehicle types such as passenger vehicles and commercial vehicles.

The automotive manufacturing equipment market research report is one of a series of new reports that provides automotive manufacturing equipment market statistics, including automotive manufacturing equipment industry global market size, regional shares, competitors with an automotive manufacturing equipment market share, detailed automotive manufacturing equipment market segments, market trends and opportunities, and any further data you may need to thrive in the automotive manufacturing equipment industry. This automotive manufacturing equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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