Aerospace Robotics Market Size Expected to Reach $2.9 Billion by 2030

Aerospace Robotics Market Size

PORTLAND, OREGAON, UNITED STATES, October 18, 2023 /EINPresswire.com/ — As per the report published by Allied Market Research, the global aerospace robotics market was accounted for $2.9 billion in 2020, and is estimated to reach $9.2 billion by 2030, growing at a CAGR of 12.69% from 2021 to 2030.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 : https://www.alliedmarketresearch.com/request-sample/2152

𝐓𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐝𝐢𝐯𝐢𝐝𝐞𝐬 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐚𝐞𝐫𝐨𝐬𝐩𝐚𝐜𝐞 𝐫𝐨𝐛𝐨𝐭𝐢𝐜𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐨𝐧 𝐭𝐡𝐞 𝐛𝐚𝐬𝐢𝐬 𝐨𝐟 𝐭𝐲𝐩𝐞, 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲, 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧, 𝐚𝐧𝐝 𝐫𝐞𝐠𝐢𝐨𝐧.

Based on type, the articulated segment held the largest share in 2020, accounting for more than half of the market. In addition, the segment is projected to manifest the highest CAGR of 12.9% during the forecast period. The report also analyzes the segments including Cartesian and others.

On the basis of technology, the traditional segment held the lion’s share in 2020, contributing to nearly two-thirds of the market. However, the collaborative segment is estimated to portray the highest CAGR of 13.8% from 2021 to 2030.

The report offers an analysis of the global aerospace robotics market across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the lion’s share in 2020, accounting for nearly two-fifths of the market. However, the market across Asia-Pacific is anticipated to showcase the highest CAGR of 14.8% during the forecast period.

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 :

The COVID-19 impact on the aerospace robotics market size is unpredictable and is expected to remain in force for a few years.

The COVID-19 outbreak forced governments across the globe to implement stringent lockdown and ban import–export of raw material items for most of 2020 & few months in 2021. This led to sudden fall in availability of important raw materials for manufacturing aerospace robot components.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/aerospace-robotics-market/purchase-options

Moreover, nationwide lockdown forced aerospace robotics manufacturing facilities to partially or completely cease their operations.

Adverse impacts of the COVID-19 pandemic resulted in delays in activities and initiatives regarding development of advanced aerospace robotics components across the globe.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :

ABB,
Electroimpact Inc.,
AV & R,
JH Robotics, Inc.,
Fanuc Corporation,
Mitsubishi Electric Corporation,
KUKA AG,
Universal Robots A/S,
OC Robotics,
Yaskawa Electric Corporation.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/2152

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 :

Aerospace 3D Printing Market : https://www.alliedmarketresearch.com/aerospace-3d-printing-market-A15812

Automotive Robotics Market : https://www.alliedmarketresearch.com/automotive-robotics-market-A08681

Space Robotics Market : https://www.alliedmarketresearch.com/space-robotics-market-A07165

David Correa
Allied Market Research
+1 800-792-5285
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