Aerospace Robotics Market Report by Type (Articulated, Cartesian, SCARA, Parallel, and Others), Component (Controller, Arm Processor, End Effector, Camera and Sensors, and Others), Technology (Traditional, Collaborative), Payload (Up to 16.00 KG, 16.01–60.00 KG, 60.01–225.00 KG, More than 225.00 KG), Application (Drilling, Welding, Painting, Inspection, and Others), and Region 2024-2032
The global aerospace robotics market size reached US$ 3.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.9 Billion by 2032, exhibiting a growth rate (CAGR) of 9.3% during 2024-2032.
Aerospace robotics refers to the robots used for the assembly and maintenance of aircraft, satellites and space shuttles. They are commonly used for executing sensitive tasks, such as material handling, cutting, riveting, bolting, welding and fabrication of exterior and interior components of the aircraft. They are also utilized for detecting minute variations in the thickness, patency and integrity of aircraft skins, airfoils and paint coatings. Aerospace robotics usually operate through articulated, cartesian, cylindrical, spherical, parallel and selective compliance articulated robot arm (SCARA) technologies. In comparison to the traditionally used manual systems, aerospace robotics solutions can perform repeated tasks with enhanced accuracy and offer consistent and speedy results. Space robotics also find extensive application for autonomously operating on new planetary surfaces.
Aerospace Robotics Market Trends:
Significant growth in the aerospace and aviation industries across the globe is one of the key factors creating a positive outlook for the market. Moreover, the increasing requirement for automating various labor-intensive inspection, fiber placement, sealing and dispensing processes is providing a thrust to the market growth. In line with this, the widespread production of narrow-body aircraft with lightweight and small-sized components is providing a thrust to the growth of the market. Various technological advancements, such as the integration of robotics with 3D visualization, Internet of Things (IoT), artificial intelligence (AI) and cloud computing solutions, are acting as other growth-inducing factors. These technologies aid in improving human-robot collaboration and minimizing the turnaround time for the manufacturing processes. Other factors, including extensive research and development (R&D) activities, along with significant improvements in the cyber-physical system (CPS) with automated decision-making functionalities, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global aerospace robotics market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, component, technology, payload and application.
Breakup by Type:
- Articulated
- Cartesian
- SCARA
- Parallel
- Others
Breakup by Component:
- Controller
- Arm Processor
- End Effector
- Camera and Sensors
- Others
Breakup by Technology:
Breakup by Payload:
- Up to 16.00 KG
- 16.01–60.00 KG
- 60.01–225.00 KG
- More than 225.00 KG
Breakup by Application:
- Drilling
- Welding
- Painting
- Inspection
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Electroimpact Inc., FANUC Corporation, General Electric Company, Güdel Group AG, JH Robotics Inc., Kawasaki Heavy Industries Ltd., KUKA AG (Midea Group), Mitsubishi Electric Corporation, Teradyne Inc. and Yaskawa Electric Corporation.
Key Questions Answered in This Report
1. What was the size of the global aerospace robotics market in 2023?
2. What is the expected growth rate of the global aerospace robotics market during 2024-2032?
3. What has been the impact of COVID-19 on the global aerospace robotics market?
4. What are the key factors driving the global aerospace robotics market?
5. What is the breakup of the global aerospace robotics market based on the type?
6. What is the breakup of the global aerospace robotics market based on the component?
7. What is the breakup of the global aerospace robotics market based on the technology?
8. What is the breakup of the global aerospace robotics market based on the application?
9. What are the key regions in the global aerospace robotics market?
10. Who are the key players/companies in the global aerospace robotics market?