Global Aerospace Robotics Market Overview:
According to SPER Market Research, the Global Aerospace Robotics Market is estimated to reach USD 7.98 billion by 2030 with a CAGR of 11.9%. Cartesian, articulated, and other forms of robots are the principal types used in aircraft. The production of airplanes uses articulated robots, which have two or more rotational joints and can handle circular motions. Drilling, welding, painting, inspection, and other uses are among the many uses of aerospace robots. Many aerospace robotics components include controllers, sensors, drives, arm processors, and end effectors with technologies like conventional and collaborative as well as aerospace robotics payloads like small-medium payload robots, big payload robots, and oversized payload robots.
During the anticipated period, the market for aerospace robots is majorly driven by the expansion of commercial air travel. Aerospace robotics offers great performance and precision in the drilling and painting of airframes, the exact cutting and placing of fiber, and the manufacturing of aircraft engines. There will be an increase in demand for aircraft over the period as a result of the expanding middle class and the rise of low-cost airlines with affordable fares in developing nations.
The aerospace robotics market is made up of companies (organizations, sole proprietors, and partnerships) that sell aerospace robots to improve the efficiency and productivity of defined activities in the aerospace industry. Programmable devices known as aerospace robotics help people build aircraft engines by drilling and painting airframes, among other duties.
For instance, Airbus, IBM, and the German Aerospace centre DLR announced Project CIMON (Crew Interactive Mobile Companion) in September 2019, making it the first AI-powered space robot. A sphere-shaped, free-floating, interactive companion called CIMON was created using 3D printing. It can assist astronauts with their everyday activities and communicate with them.
Impact of COVID-19 on Global Aerospace Robotics Market:
Impact of COVID-19, which earlier prompted severe control measures such as social isolation, remote labour, and the elimination of commercial activities created operational challenges.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2019-2030 |
| Base year considered | 2021 |
| Forecast period | 2022-2030 |
| Segments covered | By Application, By Technology, By Type, By Component, By Payload.
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| Geographies covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa
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| Companies Covered | ABB Group, Apex Automation And Robotics, Electric Corporation, Fanuc Corporation, Honeybee Robotics, Kawasaki Heavy Industries Ltd., Kuka Ag, Mitsubishi Electric Corporation, M Torres, MTM Robotics., Nachi-Fujikoshi Corp., Omron Adept Technology, Robotics Inc., Staubli, Yaskawa Electric Corporation.
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Global Aerospace Robotics Market Segmentation:
By Application: Based on the Application, Global Aerospace Robotics Market is segmented as; Drilling, Welding, Painting, Inspection, Others.
By Technology: Based on the Technology, Global Aerospace Robotics Market is segmented as; Conventional, Collaborative.
By Type: Based on the Type, Global Aerospace Robotics Market is segmented as; Articulated, Cartesian, Others.
By Component: Based on the Component, Global Concentrating Solar Power Market is segmented as; Controller, Sensors, Drive, Arm Processor, End Effector.
By Payload: Based on the Payload, Global Aerospace Robotics Market is segmented as; Medium Payloads Robots, Large Payloads Robots, Extra Large Payloads Robots
By Region: The Global Aerospace Robotics Market is majorly driven by North America. During the projected period, Asia Pacific is anticipated to have the quickest rate of growth in the worldwide Global Aerospace Robotics Market.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Aerospace Robotics Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Global Aerospace Robotics Market, By Application, 2019-2030 (USD Million)
6.1. Drilling
6.2. Welding
6.3. Painting
6.4. Inspection
6.5. Others
7. Global Aerospace Robotics Market, By Technology, 2019-2030 (USD Million)
7.1. Conventional
7.2. Collaborative
8. Global Aerospace Robotics Market, By Type, 2019-2030 (USD Million)
8.1. Articulated
8.2. Cartesian
8.3. Others
9. Global Aerospace Robotics Market, By Component, 2019-2030 (USD Million)
9.1. Controller
9.2. Sensors
9.3. Drive
9.4. Arm Processor
9.5. End Effector
10. Global Aerospace Robotics Market, By Payload, 2019-2030 (USD Million)
10.1. Medium Payloads Robots
10.2. Large Payloads Robots
10.3. Extra Large Payloads Robots
11. Global Aerospace Robotics Market, By Region, 2019-2030 (USD Million)
11.1. North America
11.1.1. United States
11.1.2. Canada
11.1.3. Mexico
11.2. Europe
11.2.1. Germany
11.2.2. United Kingdom
11.2.3. France
11.2.4. Italy
11.2.5. Spain
11.2.6. Rest of Europe
11.3. Asia-Pacific
11.3.1. China
11.3.2. Japan
11.3.3. India
11.3.4. Australia
11.3.5. South Korea
11.3.6. Rest of Asia-Pacific
11.4. South America
11.4.1. Brazil
11.4.2. Argentina
11.4.3. Rest of South America
11.5. Middle East & Africa
11.5.1. Kingdom of Saudi Arabia
11.5.2. United Arab Emirates
11.5.3. Rest of Middle East & Africa
12. Company Profiles
12.1. ABB Group
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Apex Automation And Robotics
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Electric Corporation
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Fanuc Corporation
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Honeybee Robotics
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Kawasaki Heavy Industries Ltd.
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Kuka Ag
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Mitsubishi Electric Corporation
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. M Torres
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. MTM Robotics.
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Nachi-Fujikoshi Corp.
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. Omron Adept Technology
12.12.1. Company details
12.12.2. Financial outlook
12.12.3. Product summary
12.12.4. Recent developments
12.13. Robotics Inc.
12.13.1. Company details
12.13.2. Financial outlook
12.13.3. Product summary
12.13.4. Recent developments
12.14. Staubli
12.14.1. Company details
12.14.2. Financial outlook
12.14.3. Product summary
12.14.4. Recent developments
12.15. Yaskawa Electric Corporation
12.15.1. Company details
12.15.2. Financial outlook
12.15.3. Product summary
12.15.4. Recent developments