Robotics in Shipbuilding Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Robotics in Shipbuilding Market
The global robotics in shipbuilding market size was valued at USD 1.26 billion in 2022 and is projected to grow from USD 1.32 billion in 2023 to USD 1.85 billion by 2032, exhibiting a CAGR of 4.9% during the forecast period of 2023-2030.
The pandemic had a significant impact on robotics in the shipbuilding market, which led to the adoption of automation to address labor shortages and social distancing measures. Shipbuilders more and more turned to robotic answers to preserve production performance and ensure workforce safety. This shift now not handiest helped in meeting the operational demanding situations posed by the pandemic but also highlighted the long-term blessings of robotics, along with greater precision, reduced manufacturing time, and lower operational expenses, accelerating robotics in shipbuilding market growth.
The robotics in shipbuilding market is driven through the usage of the need for progressed overall performance, precision, and safety in manufacturing. Key factors include lowering exertion prices, enhancing productiveness, and leveraging technological advancements in automation and AI. The fashion closer to digitalization and clever production also propels the adoption of robotics, aligning with goals for stepped-forward operational efficiency and worldwide competitiveness.
The shipbuilding industry is embracing robots!The marketplace is anticipated to grow regularly, pushed with the aid of a focus on performance, safety, and accuracy.A key fashion is the upward push of collaborative robots (cobots) which could adequately paint along humans. These flexible robots can manage duties like transporting elements and supporting with assembly, leading to the expansion of robotics in shipbuilding market share. Shipbuilders also are increasingly more the use of wearable robotics, or exoskeletons, to provide workers greater strength and support throughout bodily worrying jobs.
Comprehensive Analysis of Robotics in Shipbuilding Market
The robotics in shipbuilding market is segmented by using type, software, and lifting ability. By type, articulated robots are expected to dominate because of their unique programmability and efficiency, whilst cartesian robots may even see good sized boom. By application, managing robots lead the marketplace, pushed with the aid of their productiveness and protection benefits, with welding robots additionally gaining traction for reducing inconsistencies in manufacturing. By lifting ability, robots with over 1,000 kg ability are anticipated to dominate, driven by the want to deal with heavy substances in shipyards, and are anticipated to record the best CAGR throughout the forecast length.
The North American region led the medical devices market by benefitting a size of USD 110 million in 2023 due to an exquisite increase in shipbuilding activities in the region, the adoption of robotics in North America is often driven.
The growth trajectory of the robotics in shipbuilding market is significantly influenced by its leading players, who establish industry standards and drive innovation. These key companies, including DuPont (U.S.), BASF SE (Germany), Lanxess AG (Germany), Nylon Corporation of America, Inc. (U.S.), Shenma Industrial Co., Ltd. (China), Ascend (U.S.), Domo Chemicals (Germany), Radici Partecipazioni SpA (Italy), Invista (U.S.), and DSM (Netherlands), shape a competitive landscape, fostering market advancement. Additionally, companies such as ABB (Switzerland), The Fanuc Corporation (Japan), Comau (Italy), Yaskawa America, Inc. (U.S.), Kuka AG (Germany), Sarcos Technology And Robotics Corp. (U.S.), Epson (Japan), Universal Robots (Denmark), Kawasaki Robotics (Japan), and Stäubli International AG (Switzerland) play major roles in using innovation and contributing to marketplace increase with their headquarters spanning across numerous nations.
In January 2023, a South Korean shipbuilding corporation, Daewoo Shipbuilding & Marine Engineering, made a collaborative robot (cobot) for better productivity. Cobots function both in shared areas or environments close to collaboration among human beings and robots is important.
Segmentation Table
Attribute Details
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 4.9% from 2023 to 2030
Unit Value (USD Billion)
Segmentation By Type, Application, Lifting Capacity, and Geography
By Type
Articulated Robots
Cartesian Robots
SCARA Robots
Cylindrical Robots
Others
By Application
Handling
Welding
Assembling
Inspection
Others
By Lifting Capacity
Less than 500 kg
500 to 1000 kg
Over 1000 kg
North America (By Type, Application, Lifting Capacity, and Country)
- U.S. (By Type)
- Canada (By Type)
Europe (By Type, Application, Lifting Capacity, and Country)
- France (By Type)
- Germany (By Type)
- Netherlands (By Type)
- Italy (By Type)
- Russia (By Type)
- Norway (By Type)
- Rest of Europe (By Type)
Asia Pacific (By Type, Application, Lifting Capacity, and Country)
- China (By Type)
- Japan (By Type)
- South Korea (By Type)
- Rest of Asia Pacific (By Type)
Rest of the World (By Type, Application, Lifting Capacity, and Country)
- Latin America ((By Type)
- Middle East & Africa (By Type)
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