According to Goldstein Research, Brazil ICS market is expected to reach USD 1.9 billion by 2025, growing at a CAGR of 8.93% over the forecast period 2017-2025. The factors such as automated industrial environment and use of advanced technologies such as robotics are increasing the demand for efficient and secure industrial solutions and thus driving the growth of industrial control system market in Brazil. Brazil ICS market segmentation has been carried out on the basis of the control system, applications, end users, and geography. The multiple processes in the manufacturing industry which require effective monitoring and automation of the processes. Thus the Manufacturing industry segment of the end users accounts for a market share of 25.68% in 2017. Brazil ICS market has immense growth opportunities owing to the fact that Brazil is a developing country and thus it facilitates developmental activities in the power and energy and transportation industry. Moreover, the growing
Asia Pacific Automotive Robotics Market is Projected to Grow at a CAGR of 10.1% During the Forecast Period (2016-2024)
According to Goldstein Research, growing automobile sales across the globe and to meet the global demand, automotive industries are adopting automotive robots to increase their production. Moreover, automotive robots are significantly dropping the production cost as it substitutes the costly human labor and improves quality. Asia Pacific automotive robotics market outlook also includes technological advancements and, investment and marketing strategies adopted by major market players in order to expand their business across the globe. For instance, India is also one of the fastest growing automotive markets in the region.
Big manufacturers in India are spending a huge amount on automation of their manufacturing and assembling units to increase their production and to meet growing demand. In 2014, more than 2,100 new robots were installed in India which is 11% more compared to 2013.
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Market Segmentation
On the basis of our detailed market investigation, Asia Pacific automotive robotics market is segmented as follows:
By Robot Type
- Articulated Robots
- Cartesian Robots
- Cylindrical Robots
- Selective Compliance Assembly Robot Arm (SCARA)
By Applications
- Primary Manufacturing Process
- Welding
- Metal Casting
- Cutting
- Sealing/Dispensing
- Painting
- Secondary Manufacturing Process
- Material Handling
- Packaging
- Palletizing
- Assembly/Disassembly
Based on Geography
- S Automotive robotics Market {Market Share (%), Market Size(USD Billion)}
- Canada Automotive robotics Market {Market Share (%), Market Size(USD Billion)}
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“Asia Pacific Automotive Robotics Market Outlook 2024” covers a comprehensive overview of the Asia Pacific automotive robotics market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by robot type and by applications.
Further, for the exhaustive exploration, Asia Pacific Automotive Robotics Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as 3M Company, Avery Dennison Corporation, Amcor Limited, CCL Industries, Inc., Sonoco Products Company, WestRock Company, DuPont, SatatuoteOy, Bemis Company, Inc., The Gerresheimer Group etc.
The company profiles comprise business strategy, geographical revenue distribution, major information of the companies which encompasses products, services, business outlook, and industries catered, financial analysis of the company and recent developments. Overall, the report represents the Asia Pacific automotive robotics market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
Key questions answered in this Asia Pacific automotive robotics market report
- What is the Asia Pacific automotive robotics market size by 2025 and what would be the expected growth rate of the industry?
- What is the total market value per segment and region in 2016-17 and what would be the estimated revenue per segment and region over the forecast period?
- What are the automotive robotics market trends?
- What are the elements which are driving this industry?
- What are the major barriers to automotive robotics industry growth?
- Who are the market players in this industry?
- What are the market opportunities for the present and entry-level players?
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts working on industrial automation market research to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.
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