Published Date: 3-Feb-2021
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According to a new report Europe Automotive Robotics Market, published by KBV research, the Europe Automotive Robotics Market would witness market growth of 11.6% CAGR during the forecast period (2020-2026).
The Germany market dominated the Europe Cylindrical Automotive Robotics Market by Country in 2019, growing at a CAGR of 11.2 % during the forecast period. The UK market is experiencing a CAGR of 11.6% during (2020 - 2026). Additionally, The France market is anticipated to witness a CAGR of 13.2% during (2020 - 2026).
The Sensors market dominated the Russia Automotive Robotics Market by Component in 2019, growing at a CAGR of 9.7 % during the forecast period. The Controller market is showcasing a CAGR of 10.5% during (2020 - 2026). The End Effector market is exhibiting a CAGR of 12.5% during (2020 - 2026). Additionally, The Robotic Arm market is expected to witness a CAGR of 12.5% during (2020 - 2026).
The Material Handling market dominated the Italy Automotive Robotics Market by Application in 2019, thereby, achieving a market value of $60.4 million by 2026. The Welding market is witnessing a CAGR of 13.5% during (2020 - 2026). Additionally, The Painting & Cutting market is estimated to grow at a CAGR of 15.1% 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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