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Global Aerospace Robotics Market to Reach $6.94 Billion by 2023

According to Stratistics MRC, the Global Aerospace Robotics Market is expected to grow from $2.15 billion in 2016 to reach $6.94 billion by 2023 with a CAGR of 18.2%. Raising technological developments in robots, growing usage of robotics for manufacturing efficiency, and to limit the labour costs are some of the major factors propelling the market growth. In addition, increasing robotics market for handle aircraft orders backlog is another factor favoring the market. On the other hand, higher investments, lack of skilled robot operators are some of the restrains limiting the market growth.

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Articulate robot type segment is expected to witness a higher CAGR over the forecast period. The growth is owed to wider application of articulate robots in painting, drilling, and fastening, etc. Among all components, the sensor segment is anticipated to register a higher market growth rate. North America is anticipated to hold the largest share in global market due to the existence of prominent aircraft manufactures. Asia Pacific is anticipated to be a fastest growing region. The growth is attributed to increasing investments in research and development in aerospace manufacturing.

Some of the key players in global Aerospace Robotics Market include ABB Group, Electroimpact Inc., Fanuc Corporation, Gudel AG, Industrial Designs M.Torres, Sau, Kawasaki Heavy Industries, Ltd, Kuka AG, Oliver Crispin Robotics Limited, Universal Robots A/S, and Yaskawa Electric Corporation.

Robotic Types Covered:
Cartesian
Articulated
Cylindrical
SCARA
Other Robotic Types

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Components Covered:
Drive
End Effector
Sensors
Controller
Arm Processor

Technologies Covered:
Collaborative
Traditional

Applications Covered:
Inspection
Drilling & Fastening
Painting & Coating
Welding
Other Applications

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

List Of Tables:

1 Global Aerospace Robotics Market Outlook, By Region

2 Global Aerospace Robotics Market Outlook, By Robotic Type

3 Global Aerospace Robotics Market Outlook, By Cartesian

4 Global Aerospace Robotics Market Outlook, By Articulated

5 Global Aerospace Robotics Market Outlook, By Cylindrical

6 Global Aerospace Robotics Market Outlook, By SCARA

7 Global Aerospace Robotics Market Outlook, By Other Robotic Types

8 Global Aerospace Robotics Market Outlook, By Component

9 Global Aerospace Robotics Market Outlook, By Drive

10 Global Aerospace Robotics Market Outlook, By End Effector

11 Global Aerospace Robotics Market Outlook, By Sensors

12 Global Aerospace Robotics Market Outlook, By Controller

13 Global Aerospace Robotics Market Outlook, By Arm Processor

14 Global Aerospace Robotics Market Outlook, By Technology

15 Global Aerospace Robotics Market Outlook, By Collaborative

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