Automotive Robotics Market size was over USD 8.94 billion in 2024 and is poised to exceed USD 44.29 billion by 2037, witnessing over 13.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of automotive robotics is estimated at USD 9.88 billion. The growth of the market can primarily be attributed to the growing robot installations in automobile manufacturing units worldwide. For instance, the automotive industry was found to be the largest user of robots worldwide, with about 28% of all robot installations happening in the automotive sector in 2020.
Automotive robots are designed such that they assist in the manufacturing of automobiles in the automotive industry in various processes such as assembling, cutting, dispensing, painting and others. They are deployed to find the most minuscule manufacturing differences in handling activities. The robot-to-robot work ensures the quality and efficiency of the product. With the increased automotive manufacturing as well as sales, the demand for automotive robotics is on the rise amongst automobile manufacturers, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global market during the forecast period. It was found that nearly 70 million units of automobiles were sold worldwide in 2021.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
13.1% |
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Base Year Market Size (2024) |
USD 8.94 billion |
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Forecast Year Market Size (2037) |
USD 44.29 billion |
Application (Welding, Cutting, Painting, Material Handling)
The global automotive robotics market is segmented and analyzed for demand and supply by application segment into casting, welding, painting, cutting, and material handling. Amongst these segments, the material handling segment is anticipated to garner the largest revenue by the end of 2037, backed by the development in robotics along with the surge in the use of robots in material handling worldwide. For instance, it was observed that a high-end articulated arm model robot can handle more than 1000 kg of payloads.
Our in-depth analysis of the global market includes the following segments:
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By Type |
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By Component |
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By Application |
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Regionally, the global automotive robotics market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Asia Pacific is projected to hold the largest market share by the end of 2037, backed by the presence of a giant automobile manufacturers network in the region, growing production of vehicles as well as the rising installations of robots in automotive manufacturing units. For instance, the robot density in Japan’s automotive industry in 2019 was found to be 1,240 installed units per 10,000 employees.
Author Credits: Saima Khursheed
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