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What fueled the previous growth in the aerospace robotics market?

The market size for aerospace robotics has experienced rapid expansion lately. It’s projected that the market will escalate from $4.55 billion in 2024 to $5.19 billion in 2025, showcasing a compound annual growth rate (CAGR) of 13.9%. The historical growth can be credited to global economic development, an upsurge in commercial air traffic, an increase in automation, a higher demand for tailored products, and labor shortages.

What will be the aerospace robotics market size in the future?

In the coming years, the aerospace robotics market is projected to experience a swift expansion, reaching an estimated value of $8.17 billion in 2029 with a robust compound annual growth rate (CAGR) of 12.0%. This increase during the forecasted timeline can primarily be ascribed to the escalating usage of unmanned aerial vehicles (UAVs), burgeoning interest in space exploration, rising funds directed towards research and development, and condensed production cycles. Key trends expected to shape this period include the incorporation of artificial intelligence and machine learning, swarm robotics, collaboration between humans and robots, exoskeletons and wearable robotics, along with collaborations and partnerships.

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What main drivers are fueling expansion in the aerospace robotics market?

The rise in commercial flight activity is predicted to provide a boost to the aerospace robotics sector in the coming years. Aerospace robotics brings a high degree of accuracy and productivity in tasks like aircraft engine creation, airframe drilling and painting, meticulous fiber trimming and application. The expanding middle-class demographic and the advent of affordable airlines with competitive pricing in emerging markets are predicted to fuel airline operations, thereby increasing the requirement for aircrafts in the forecasted timeframe. For instance, Boeing’s 2020-2039 commercial market forecast suggests that India’s domestic air passenger market could expand to twice its size by 2030, compared to the figures before the pandemic, generating a need for a further 2,200 new commercial aircrafts in the next two decades in India. This would consequently stimulate the expansion of the aerospace robotics sector during this period.

What key areas define the segmentation of the global aerospace robotics market?

The aerospace robotics market covered in this report is segmented –

1) By Type: Articulated, Cartesian, Other Types

2) By Technology: Conventional, Collaborative

3) By Component: Controller, Sensors, Drive, Arm Processor, End Effector

4) By Payload: Small-Medium Payloads Robots, Large Payloads Robots, Extra Large Payloads Robots

5) By Application: Drilling, Welding, Painting, Inspection, Other Applications

Subsegments:

1) By Articulated Robots: 6-Axis Articulated Robots, 7-Axis Articulated Robots, Collaborative Articulated Robots

2) By Cartesian Robots: Gantry Robots, Linear Robots, Delta Robots

3) By Other Types: SCARA Robots (Selective Compliance Assembly Robot Arm), Cylindrical Robots, Parallel Robots, Mobile Robots, Humanoid Robots

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Who are the dominant players expanding their reach in the aerospace robotics market?

Major companies operating in the aerospace robotics market include KUKA Aktiengesellschaft, ABB Group, FANUC Corporation, Yaskawa Electric Corporation, Kawasaki Heavy Industries Ltd., Apex Automation and Robotics, Nachi-Fujikoshi Corp., Stäubli International AG, Omron Adept Technologies Inc., Mitsubishi Electric Corporation, JH Robotics Inc., M Torres Olvega Industrial S.A., Comau S.p.A., MTM Robotics LLC, Honeybee Robotics Ltd., Oliver Crispin Robotics Ltd., Güdel Group AG, Electroimpact Inc., Astrobotic Technology Inc., Maxar Technologies Inc., Motiv Space Systems Inc., Northrop Grumman Corporation, Altius Space Machines Inc., Made In Space Inc., Aethon Inc., Blue River Technology Inc., subsidiary of Hyundai Motor Group, Clearpath Robotics Inc., Fetch Robotics Inc., GreyOrange Pte. Ltd.

How are evolving market trends shaping aerospace robotics Strategies?

Leading firms in the aerospace robotics industry are developing cutting-edge innovations like worm-based robots to improve service and inspection procedures. Robots modeled after worms are typically soft-bodied, extremely adaptable, and adept at navigating through narrow or restricted spaces. For example, in Septemeber 2023, US-based GE Aerospace introduced Sensiworm. This worm-like robot was created for on-wing examinations of jet engines. The robot, which mimics an inchworm, uses untethered soft robotics technology to traverse the intricate inner parts of jet engines, identifying faults and assessing the thickness of thermal barrier coatings. It can send real-time video and data to operators, refining the inspection process by offering instant updates on engine status. Sensiworm has the ability to navigate through constrained spaces and intricate shapes within engine parts.

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Which regions are emerging as leaders in the aerospace robotics market?

North America was the largest region in the aerospace robotics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the aerospace robotics market share during the forecast period. The regions covered in the aerospace robotics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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