DUBLIN, Nov. 11, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/7cldnt/global_automotive) has announced the addition of the "Global Automotive Robotics Market Analysis, 2015-2022" report to their offering.
The automotive industry is currently experiencing a dynamic era of growth due to the rising demand for vehicles (including cars, trucks, two wheelers, buses, and off-road vehicles, among others). This high growth of the automotive industry is optimistically influencing the use of robots for meeting the increasing consumer requirement of this market. Automotive robots are designed for assisting in the manufacturing of automobiles in automotive industry.
The key drivers that will drive the demand for robots in the automotive industry include ongoing high investments in new production capacities in emerging markets, investments in production, modernization in major vehicle producing countries, reduction of the time needed to market of the products, lack of skilled labor/ rising labor costs, and high demand for precision and quality control, among others.
There are multiple applications in which robots are being used in the automotive industry (both vehicle manufacturers and automotive component suppliers). Some of the major applications in which robots are utilized comprise of: painting, welding, assembling, cutting, and dispensing, among others. There are various other factory related material handling applications which are driving the demand for automotive robots, such as automated guided vehicles, AGVs.
While highlighting the key driving factors, restraining forces, as well as opportunities and challenges for this dynamic market, the report also provides a comprehensive section of the research and development programs and investments/expenditures going on in the global automotive robotics market.
The answers to the following key questions can be found in the report by its readers:
The research tries to answer various aspects of the automotive robotics market such as the factors driving the industry, its threats that can possibly slow down the market growth and the current growth opportunities that are going to shape the robotic market expansion. The research also includes Porter's Five Forces Model for a detailed analysis of the market and a study of the factors influencing this market.
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For more information visit http://www.researchandmarkets.com/research/7cldnt/global_automotive
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SOURCE Research and Markets
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