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.
On the basis of type, application, component, technology, and region. Based on application, the aerospace robotics technology has been segmented into drilling & fastening, inspection, welding, painting & coating, and others.
By type, this 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.
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.
Major companies profiled in the report include KUKA AG (Germany), FANUC Corporation (Japan), ABB Group (Switzerland), Yaskawa Electric Corporation (Japan), and Kawasaki Heavy Industries, Ltd. (Japan), among others. Expansions accounted for the major share of total growth strategies adopted by the leading players in the aerospace robotics market.
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