Market prospects for robotics in automotive
A new report from Visiongain Global looks at market prospects for industrial robots, processes and technologies in vehicle production from 2014 to 2024. Visiongain expects the automation and robotics in automotive manufacturing to reach a market value of $13.66bn in 2014.
Visiongain says the period from 2014 to 2024 going to be challenging for the global automotive industry as automotive OEMs, auto suppliers and other members of the ecosystem will need to address megatrends are currently shaping the future of the industry; stricter emission requirements, new safety regulations and rising consumer trends.
These megatrends create opportunities for new production lines which in turn require the modernisation of the automotive manufacturing process to meet the rising demand. At the same time, manufacturers need to achieve shorter time-to-market and reduce product life-cycle costs, including energy consumption, while ensuring quality, reliability and economic efficiency.
Visiongain says flexible automation and robotics can assist manufacturers in meeting the demand by providing energy-efficient solutions which also improve productivity. Indeed, robot sales to the automotive sector have increased from 19.3 thousand in 2009 to 69.4 thousand in 2013.
You can find more information on the report here.
