Aerospace Robotics Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

The aerospace robot market is projected to grow from $1.81 billion in 2016 to $4.54 billion by 2022, at a CAGR of 16% during the forecast period. Rising labor costs in the global aerospace industry are currently the main driver of the aerospace robot market. Another major influencing factor for the market is technological advancements in the robotics sector. However, the growth of the aerospace robot market is hampered by various restraining factors such as the maintenance cost of technologically advanced robots and the lack of skilled robot operators in the industry. The emergence of combinations of human-robot mechanisms or collaborative robots is expected to fuel the future aerospace robot market.

Aerospace Robotics Market- Segmentation

By Type

• SCARA
• Articulated
• Cylindrical
• Cartesian
• Others

By Component

• Controller
• Arm Processor
• End Effector
• Drive
• Sensors

By Application

• Drilling & Fastening
• Inspection
• Welding
• Painting & Coating
• Others

By Technology

• Traditional
• Collaborative

By Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

Major Players

The aerospace robotics market comprises robot manufacturers, such as KUKA AG (Germany), FANUC Corporation (Japan), ABB Group (Switzerland), and Yaskawa Electric Corporation (Japan); as well as system integrators, such as Electroimpact (U.S.), Oliver Crispin Robotics Limited (U.K.), and Universal Robots A/S (Denmark), among others.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Aerospace Robotics Market Report

• What was the Aerospace Robotics Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Aerospace Robotics Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Aerospace Robotics Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.