Automotive Robotics Market Regional Analysis:
Asia Pacific Market Insights
The automotive robotics market in Asia Pacific is projected to hold the largest revenue share by the end of 2034 driven by the rising automation industry and advancements in artificial intelligence. According to the International Federation of Robotics in 2023, Aisa had a robot density of 182 units per 10,000 persons deployed in manufacturing. Japan and China are amongst the top 10 automated countries globally. In fact, in 2023, Japan took 3rd place surpassing Japan and Germany, possessing a robot density of 470 per 10,000 employees.
In India, with the rising vehicle demand, and government initiatives such as production-linked incentives (PLI) for automotive sectors, market is expected to fuel market growth during the forecast period. In addition, the integration of AI, ML, and IoT in robotics to enhance efficiency, production, and precision is expected to boost market growth going ahead.
North America Market Insights
North America is also witnessing burgeoning market expansion during an assessed period. The market expansion can be ascribed to the presence of leading market players. There is a huge demand for automotive robots to enhance the productivity of operations. According to The Association for Manufacturing Technology, in the U.S. top category for using industrial robots was automotive in 2021. The data further says that in the same year, there were 9,782 robots installed in the country’s auto industry.
