DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Aerospace Robotics Market by Type, Technology, Application - Global Opportunity Analysis and Industry Forecast, 2014-2022" report to their offering.
Aerospace Robotics Market Report, projects that the global aerospace robotics market is expected to reach $5,687 million by 2022, growing at a CAGR of 17.2% from 2016 to 2022. The articulated robot segment is expected to dominate the global market during the forecast period. North America is expected to generate the maximum revenue in the global market by 2022.
The robotics technology is used in aerospace industry for variety of applications during the manufacturing of aircraft components including welding, drilling, painting, material handling, cutting, assembly automation, and fabrication of engines. The aerospace robotics market offers automation, precision, and accuracy in repetitive tasks done in the manufacturing procedure,
The aerospace robotics market growth is fueled by enhanced need of automation for efficient aircraft production. In addition, increase in cost of labor worldwide. However, high installation cost of robotics technology hampers the growth of the aerospace robotics industry. The adoption of advanced technologies in the aircraft manufacturing industry including Internet of Things (IoT), 3D vision technology, artificial intelligence, and cloud computing is expected to present numerous opportunities to the global aerospace robotics industry.
Companies Mentioned
- ABB Group
- KUKA AG
- Fanuc Corporation
- Yaskawa Electric Corporation
- Mitsubishi Electric Corporation
- JH Robotics, Inc.
- Oliver Crispin Robotics Limited
- Electroimpact Inc.
- Universal Robots A/S
-
AV&R Vision & Robotics Inc.
Key Topics Covered:
CHAPTER 1. INTRODUCTION
CHAPTER 2. EXECUTIVE SUMMARY
CHAPTER 3. MARKET OVERVIEW
CHAPTER 4. GLOBAL AEROSPACE ROBOTICS MARKET, BY TYPE
CHAPTER 5. GLOBAL AEROSPACE ROBOTICS MARKET, BY TECHNOLOGY
CHAPTER 6. GLOBAL AEROSPACE ROBOTICS MARKET, BY APPLICATION
CHAPTER 7. GLOBAL AEROSPACE ROBOTICS MARKET, BY GEOGRAPHY
CHAPTER 8. COMPANY PROFILES
For more information about this report visit http://www.researchandmarkets.com/research/rdcdtk/aerospace
