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Automotive Robotics Market Outlook 2021: Big Things are Happening | ABB, Comau, DENSO WAVE INCORPORATED, FANUC CORPORATION – KSU


Automotive Robotics market’ Report @
 Automotive Robotics Market by Component, Type, and Application: Opportunity Analysis and Industry Forecast, 2020–2027,” the global automotive robotics market size was valued at $6.63 billion in 2019, and is projected to reach $13.60 billion by 2027, registering a CAGR of 12.8% from 2020 to 2027.
By region, Asia-Pacific dominated the market, followed by Europe, North America, and LAMEA in 2019. China dominated the Asia-Pacific automotive robotics market share in 2019, and Africa is anticipated to exhibit a remarkable growth during the forecast period.
Automotive companies are well known for adoption of new technologies in the manufacturing process and they are taking the lead by implementing automation systems. In addition, according to International Federation of Robotics (IFR), a non-profit organization to support robotics application, UK stands 22nd in the ranking in the world in terms of robot density. Moreover, even the ....

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