Published Date: 3-Feb-2021
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According to a new report Asia Pacific Automotive Robotics Market, published by KBV research, the Asia Pacific Automotive Robotics Market would witness market growth of 12.8% CAGR during the forecast period (2020-2026).
The China market dominated the Asia Pacific Controller Automotive Robotics Market by Country in 2019, and would continue to be a dominant market till 2026. The Japan market is experiencing a CAGR of 11.3% during (2020 - 2026). Additionally, The India market is poised to grow at a CAGR of 12.7% during (2020 - 2026).
The Material Handling market dominated the South Korea Automotive Robotics Market by Application in 2019, growing at a CAGR of 13 % during the forecast period. The Welding market is exhibiting a CAGR of 13.6% during (2020 - 2026). Additionally, The Painting & Cutting market is expected to witness a CAGR of 15% during (2020 - 2026).
The Articulated market dominated the Malaysia Automotive Robotics Market by Type in 2019, thereby, achieving a market value of $89.8 million by 2026. The Cartesian market is estimated to grow at a CAGR of 16.1% during (2020 - 2026). Additionally, The Cylindrical market is showcasing a CAGR of 17.4% during (2020 - 2026).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of ABB Group, Kuka AG, FANUC Corporation, Yaskawa Electric Corporation, Denso Corporation (Denso Wave, Incorporated), Rockwell Automation, Inc., Seiko Epson Corporation, Kawasaki Heavy Industries, Ltd., Fiat Chrysler Automobiles N.V. (Comau S.P.A) and Nachi-Fujikoshi Corporation.
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