Key Highlights
• A robotic technology utilized in the manufacture of airplanes is called aerospace robotics. Aerospace robots are employed in a wide range of tasks, including manufacturing, the welding of metal components, the drilling of engine holes, and the painting of airframes. Aerospace robotics technology has many advantageous features that are crucial for the manufacture of airplanes, including high precision, adaptive automation, the capacity to carry out repetitive operations, and high-speed manufacturing. From the fabrication of components through the delivery of finished goods to the client, robots increase the efficiency of a variety of operations in the aerospace sector. In recent years, the internet of things (IoT) has become increasingly used in robotics. Robotics are now more likely to be used in the production of aircraft components thanks to IoT, which helps to lower labour costs overall while also enhancing product quality and precision. Robots provide advantages including high precision, dependability, quicker operation, and cost efficiency.
• The market size of the worldwide Aerospace Robotics Industry surpassed USD XX billion in 2022, and by 2032, it is projected to reach USD XX billion, boosting at a CAGR of XX%.
• In January 2021, At Delhi Airport, Air India Express has started using robotic technology to clean and sanitize the insides of its planes. The airline has teamed up with the ground handling business AISATS to roll out the system in India. Air India Express is wholly owned by Air India, the national airline of India.
• In order to compete in a competitive market, aerospace companies prioritize operational process automation to reduce costs, save time, manufacture high-quality items, and enhance productivity. Aerospace robots collaborate with staff to boost efficiency, automating internal procedures and relieving staff of some tasks. Airbus, GKN Aerospace, Pratt & Whitney, and the Boeing Company are among the companies that focus on using robots to produce aerospace components. For instance, Airbus began operating its highly automated Hamburg fuselage structural manufacturing line for the A320 Family of aircraft in October 2019. 20 robots, a new logistics concept, automated positioning via laser measurement, and a digital data collecting system are all included in the new facility. Additionally, according to a 2019 report from the Boeing Company, South Carolina tech experts used artificial intelligence (AI) to boost assembly productivity. The Boeing 787 fuselage section assembly are supported by the AI solution.
Scope of the Industry Profile
Key Players
• ABB Group (Switzerland)
• Fanuc Corporation (Japan)
• Yaskawa Electric (Japan)
• Kawasaki Heavy Industries (Japan)
• Oliver Crispin Robotics (UK)
• Electroimpact Inc. (US)
• Universal Robots A/S (Denmark)
• Swisslog Ag (Switzerland)
• Reis Robotics (Germany)
• Boston Dynamics (US)
Segmentation
By Payload
• Small-Medium Payload
• Large Payload
• Extra Large Payload
By Robot Type
• Articulated Robot
• Cartesian/Linear Robot
• Parallel Robot
• SCARA Robot
By Application
• Material Handling
• Surface Treatment
• Composite Application
• Assembly
• Others
By Technology
• Conventional
• Collaborative
What to Expect from Industry Profile
1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Aerospace Robotics market in the world.
2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Aerospace Robotics market.
3. Leading company profiles reveal details of key Aerospace Robotics market players’ global operations, strategies, financial performance & their recent developments.
4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Aerospace Robotics market with forecast for decade by both market share (%) & revenue (USD Million).
Recent Development
• In July 2021, the 750,000th industrial robot being produced by Fanuc Corporation has begun, marking a record high for the robotics sector. A wide range of industries, including the automotive, aerospace, food and beverage, consumer products, medical and pharmaceutical, warehousing, and many more, are among the clients of FANUC Corporation.
• In June 2021, In addition to the capabilities already in use by the French Army, the Nexter Group and other manufacturers invited by GICAT, a pioneer in the French defense and security innovation ecosystem, will display their solutions and products. The VULCAIN project, a strategic vision of robotics for the years 2035–2040, was proposed at this meeting by the Army.
• In March 2021, 5G releases under Ericsson control find the robot to assess the airport terminal. The robot was connected to TDC NET's 5G network, which Ericsson managed. A collaboration with the Danish Technological Institute resulted in the 5G use-case trial.
Segment Insights
By Application
Due to an increase in demand for composites-based aerospace sector components including improved engine turbine blades and aircraft frame structure, the composites application segment is anticipated to develop at a higher CAGR over the forecast period. Furthermore, carbon fibre reinforced plastic (CFRP) applications are in high demand. Press unloading, handling, foundry, forging, and other activities are included in the material handling category. Similar to cleaning, painting, laser resurfacing, high-pressure water jet washing, and other surface treatments are included in this sector. Drilling, welding, eddy-current inspection, and other processes are included in the assembly phase. Due to the extensive use of robots in the drilling, welding, and painting processes in the manufacture of airplanes, this market category is anticipated to have the greatest market share in 2022.
By Technology
The conventional technology segment was predicted to dominate the market in 2022. Due to the benefits of collaborative robots, such as their light weight, flexibility, reliability, and ability to optimize low-weight collaborative operational processes like placing, picking, testing, and measuring, the segment of collaborative technology is anticipated to grow more quickly during the forecast period.
Regional Insights
North America is predicted to increase at the fastest rate during the forecast period. The projection period is expected to see the fastest growth in North America. The United States has significantly increased the amount of money it spends on modernizing its aircraft production facilities in recent years. Additionally, the presence of significant manufacturers like Kawasaki Robotics and Electro Impact Inc. is promoting market expansion in the United States. Additionally, in the upcoming years, the government wants to spend money on cutting-edge robotics. Due of the aerospace industry's extensive use of IoT-based technologies and robots. According to projections, Europe will have a big impact on the expansion of the aerospace robotics business. The region held the second-largest market share in 2022 as a result of major investments made in modern robotic systems to replace older robots. As a result, the market's growth in Europe will be accelerated. Asia Pacific is predicted to hold the third-largest share in 2019 and experience the highest growth during the length of the prediction. The market is predicted to expand quickly over the course of the forecast period due to a substantial rise in demand for advanced robotics from countries like China, Singapore, and India. It is anticipated that this sector would see long-term growth in the area.
1 INTRODUCTION
1.1 Study Objectives
1.2 Market Definitions
1.2.1 Inclusions & Exclusions
1.2.2 Region: Inclusions & Exclusions
1.2.3 Study Scope
1.2.3.1 Markets Covered
1.2.3.2 Regional Scope
1.2.3.3 Years Considered
1.2.4 Currency Considered
1.2.5 Limitations
1.2.6 Summary Of Report (Chapter Wise Summary)
2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary & Primary Research
2.1.2 Secondary Data
2.1.2.1 Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Sources
2.2 Market Breakdown & Data Triangulation
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 EXECUTIVE SUMMARY
4 ACROSS THE GLOBE
4.1 Upcoming Attractive Market Opportunities
4.2 Country Wise Market Growth
4.3 Segment Wise Market Growth
5 MARKET OVERVIEW
5.1 Market Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
5.3 PORTOR’S Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Market Premium insights (Enterprise license)
5.4.1 Case Study Analysis
5.4.2 Country Wise Import & Export Data (If
Applicable)
5.4.3 Regulatory Bodies & Authorization
Across the Globe
5.4.4 Key Conferences & Events: 2022 &
2023
5.4.5 Top Patents for The Market: 2022
6 AEROSPACE ROBOTICS MARKET OVERVIEW,
BY PAYLOAD
6.1 Global Market Revenue & Share Analysis, By Payload
6.1.1 Small-Medium Payload
6.1.2 Large Payload
6.1.3 Extra Large Payload
6.2 Global Market Revenue & Share Analysis, 2018 – 2022
6.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
6.4 Key Takeaways
7 AEROSPACE ROBOTICS MARKET OVERVIEW,
BY TYPE
7.1 Global Market Revenue & Share Analysis, By Type
7.1.1 Articulated Robot
7.1.2 Cartesian/Linear Robot
7.1.3 Parallel Robot
7.1.4 SCARA Robot
7.2 Global Market Revenue & Share Analysis, 2018 – 2022
7.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
7.4 Key Takeaways
8 AEROSPACE ROBOTICS MARKET OVERVIEW,
BY APPLICATION
8.1 Global Market Revenue & Share Analysis, By Application
8.1.1 Material Handling
8.1.2 Surface Treatment
8.1.3 Composite Application
8.1.4 Assembly
8.1.5 Others
8.2 Global Market Revenue & Share Analysis, 2018 – 2022
8.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
8.4 Key Takeaways
9 AEROSPACE ROBOTICS
MARKET OVERVIEW, BY TECHNOLOGY
9.1 Global Market Revenue & Share Analysis, By Technology
9.1.1 Conventional
9.1.2 Collaborative
9.2 Global Market Revenue & Share Analysis, 2018 – 2022
9.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
9.4 Key Takeaways
10 AEROSPACE ROBOTICS MARKET OVERVIEW,
BY REGION
10.1 Global Market Revenue & Share Analysis, By Region
10.1.1 North America
10.1.2 Europe
10.1.3 Asia Pacific
10.1.4 Middle East & Africa
10.1.5 South America
10.2 Global Market Revenue & Share Analysis, 2018 – 2022
10.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
10.4 Key Takeaways
11 NORTH AMERICA MARKET
ANALYSIS
11.1 North America Market Revenue & Share Analysis, By Payload
11.2 North America Market Revenue & Share Analysis, By Type
11.3 North America Market Revenue & Share Analysis, By
Application
11.4 North America Market Revenue & Share Analysis, By
Technology
11.5 North America Market Revenue & Share Analysis, By Country
11.5.1 US
11.5.2 Canada
11.5.3 Mexico
11.6 Key Takeaways
12 EUROPE MARKET ANALYSIS
12.1 Europe Market Revenue & Share Analysis, By Payload
12.2 Europe Market Revenue & Share Analysis, By Type
12.3 Europe Market Revenue & Share Analysis, By Application
12.4 Europe Market Revenue & Share Analysis, By Technology
12.5 Europe Market Revenue & Share Analysis, By Country
12.5.1 UK
12.5.2 Italy
12.5.3 Spain
12.5.4 Germany
12.5.5 France
12.5.6 Rest of Europe
12.6 Key Takeaways
13 ASIA PACIFIC MARKET ANALYSIS
13.1 APAC Market Revenue & Share Analysis, By Payload
13.2 APAC Market Revenue & Share Analysis, By Type
13.3 APAC Market Revenue & Share Analysis, By Application
13.4 APAC Market Revenue & Share Analysis, By Technology
13.5 APAC Market Revenue & Share Analysis, By Country
13.5.1 China
13.5.2 Japan
13.5.3 India
13.5.4 South Korea
13.5.5 Rest of APAC
13.6 Key Takeaways
14 MIDDLE EAST & AFRICA MARKET
ANALYSIS
14.1 MEA Market Revenue & Share Analysis, By Payload
14.2 MEA Market Revenue & Share Analysis, By Type
14.3 MEA Market Revenue & Share Analysis, By Application
14.4 MEA Market Revenue & Share Analysis, By Technology
14.5 MEA Market Revenue & Share Analysis, By Country
14.5.1 GCC
14.5.2 South Africa
14.5.3 Rest of MEA
14.6 Key Takeaways
15 SOUTH AMERICA MARKET ANALYSIS
15.1 SA Market Revenue & Share Analysis, By Payload
15.2 SA Market Revenue & Share Analysis, By Type
15.3 SA Market Revenue & Share Analysis, By Application
15.4 SA Market Revenue & Share Analysis, By Technology
15.5 SA Market Revenue & Share Analysis, By Country
15.5.1 Brazil
15.5.2 Argentina
15.5.3 Rest of SA
15.6 Key Takeaways
16 COMPETITIVE SCENARIO
16.1 Overview
16.2 Key Players Market Share Analysis
16.3 Recent Developments & Product Launches
16.4 Mergers & Acquisitions
16.5 Partnerships, Agreements & Collaborations
17 COMPANY PROFILES
17.1 Overview
17.2 Key players
17.2.1 Murata (Japan)
17.2.1.1 Business Overview
17.2.1.2 Product Offered
17.2.1.3 Financial Insights
17.2.1.4 Strategic Developments
17.2.1.4.1 New Product Launches
17.2.1.4.2 Agreements & Collaborations
17.2.1.5 Business Aspects (NOISE Analysis)
17.2.1.5.1 Key Strengths
17.2.1.5.2 Opportunities
17.2.1.5.3 Weaknesses & Competitive Threats
17.2.1.5.4 Needs & Improvements
17.2.2 ABB Group (Switzerland)
17.2.3 Fanuc Corporation (Japan)
17.2.4 Kawasaki Heavy Industries (Japan)
17.2.5 Oliver Crispin Robotics (UK)
17.2.6 Electroimpact Inc. (US)
17.2.7 Universal Robots A/S (Denmark)
17.2.8 Swisslog Ag (Switzerland)
17.2.9 Reis Robotics (Germany)
17.2.10 Boston Dynamics (US)
18 DISCLAIMER
19 APPENDIX
