Automotive Robotics Market Segmentation:
Application Segment Analysis
The material handling segment in automotive robotics market is anticipated to garner the largest revenue by the end of 2034. The growth of the segment can be attributed to the rising attempt from industrialists to reduce the chance of accidents and labor costs. For instance, KUKA AG offers a wide range of palletizing robots for material handling with payloads from 40 to 1300 kilograms. Also, these robots reach up to 3,601 millimeters. These provide short cycle times and increased throughput amalgamated with low space requirements.
Component Segment Analysis
The robotic arm segment is expected to register rapid growth during the forecast period owing to increasing automation in the automotive sector, high usage of robotic arms in electric vehicles and self-driving cars to enhance production and efficiency, and growing investments in AI-driven robotic arms for better quality control and improved decision-making.
Our in-depth analysis of the global automotive robotics market includes the following segments:
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