Global Aerospace Service Robotics Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 1/12/2023
- NO OF PAGES
- 223
- CATEGORY
- Aerospace & Defense
Market Overview:
The global aerospace robotics market size was valued at around 3.5 billion in 2022 and anticipated to grow at a CAGR of 10.2% over the forecast period. The aerospace service robotics market refers to the market for robotic systems and services that are specifically designed and used for aerospace and defense applications. These robots are used in various tasks, such as maintenance, repair, inspection, and surveillance of aircraft, spacecraft, and other aerospace structures.
The market includes various types of robots, such as unmanned aerial vehicles (UAVs), autonomous ground vehicles, and humanoid robots, among others. The market also includes software and services related to the operation and maintenance of these robots. The aerospace service robotics market is driven by the increasing demand for automation in aerospace and defense industries, as well as the need for cost-effective solutions for maintenance and repair activities.
Covid-19 Impact:
The COVID-19 pandemic has had a significant impact on the global aerospace service robotics market. The pandemic has resulted in a decline in air travel, which has led to a decrease in demand for new aircraft and maintenance services. As a result, many aerospace and defense companies have had to cut back on their capital expenditures, including investments in robotics technology.
However, the pandemic has also highlighted the need for increased automation and remote operations in the aerospace industry. The use of robotics technology can help reduce the need for human interaction and minimize the risk of virus transmission in maintenance and repair activities.
Moreover, the pandemic has led to the development of new applications for aerospace service robotics, such as the use of UAVs for delivering medical supplies and transporting COVID-19 test samples. This has led to new opportunities for robotics companies in the aerospace industry.
Overall, while the COVID-19 pandemic has had a negative impact on the aerospace service robotics market, it has also created new opportunities for growth and innovation in the industry.
Market Dynamics:
Drivers:
Increasing demand for automation: There is a growing demand for automation in the aerospace and defense industries to reduce labor costs, increase efficiency, and improve safety. Robotics technology offers a cost-effective solution for maintenance and repair activities in these industries.
Advancements in technology: The development of new technologies, such as artificial intelligence, machine learning, and sensor technology, has enabled the creation of more advanced and sophisticated robotics systems that can perform complex tasks.
Need for predictive maintenance: Robotics technology can help identify potential issues in aircraft and spacecraft before they become major problems, which can help reduce downtime and increase the lifespan of aerospace equipment.
Growing demand for unmanned aerial vehicles (UAVs): The use of UAVs in military and civilian applications is on the rise, and this is expected to drive the growth of the aerospace service robotics market in the coming years.
Increasing investments in aerospace research and development: Governments and private companies around the world are investing heavily in aerospace research and development, which is expected to create new opportunities for robotics companies in the industry.
Restraints:
High costs: Robotics technology can be expensive to develop and implement, which can be a barrier to adoption for some aerospace and defense companies.
Complexity of integration: Integrating robotics technology into existing aerospace systems can be complex and time-consuming, which can slow down adoption.
Regulatory challenges: There are strict regulations and certifications that must be met for robotics systems used in aerospace and defense applications, which can create additional barriers to adoption.
Regional Analysis:
North America: The aerospace service robotics market in North America is expected to grow significantly, driven by the presence of major aerospace and defense companies in the region. The US is expected to be the largest market in the region due to its large defense budget and investments in research and development.
Europe: Europe is also a significant market for aerospace service robotics, with major players in the aerospace industry based in the region. The market is expected to be driven by the need for cost-effective solutions for maintenance and repair activities.
Asia-Pacific: The aerospace service robotics market in Asia-Pacific is expected to grow rapidly due to the increasing demand for aircraft and the growth of the aerospace and defense industries in countries such as China and India.
Middle East & Africa: The aerospace service robotics market in the Middle East & Africa is expected to be driven by the increasing investments in the aerospace and defense industries in the region.
Latin America: The aerospace service robotics market in Latin America is expected to grow due to the increasing demand for aircraft and the growth of the aerospace industry in the region.
Market Segmentation:
Type of Robot: The market can be segmented based on the type of robot, including unmanned aerial vehicles (UAVs), autonomous ground vehicles, and humanoid robots, among others.
Application: The market can be segmented based on the application, including maintenance, repair, inspection, and surveillance of aircraft, spacecraft, and other aerospace structures.
Service Type: The market can be segmented based on the type of service provided, including hardware, software, and services related to the operation and maintenance of robotics systems.
End User: The market can be segmented based on the end user, including commercial and military aerospace and defense industries.
Region: The market can also be segmented based on geography, including North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Competitive Landscape:
The global aerospace service robotics market is highly competitive and fragmented, with a large number of companies operating in the industry.
Some of the key players in the market include:
ABB Ltd.
KUKA AG
Honeybee Robotics
ECA Group
AeroVironment, Inc.
DJI
Blue River Technology
Intuitive Machines
Altavian, Inc.
Trimble Inc.
These companies are constantly investing in research and development to improve their product offerings and gain a competitive edge in the market. They are also focusing on strategic partnerships and collaborations to expand their market reach and offer a wider range of services to customers. Additionally, there are several emerging players in the market that are expected to gain significant market share in the coming years. Overall, the global aerospace service robotics market is expected to remain highly competitive and dynamic in the coming years, with companies focusing on innovation and strategic partnerships to gain a competitive advantage.
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Aerospace Service Robotics market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Aerospace Service Robotics would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Objectives of the Study:
• To provide with an exhaustive analysis on the Aerospace Service Robotics Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Historic Year: 2016-2022
Forecast: 2024-2035
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Aerospace Service Robotics Revenue
1.4 Market Analysis by Type
1.4.1 Global Aerospace Service Robotics Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Unmanned Aircraft Service Robotics
1.4.3 Spacecraft Service Robotics
1.4.4 Satellite Service Robotics
1.5 Market by Application
1.5.1 Global Aerospace Service Robotics Market Share by Application: 2023-2032
1.5.2 Handle aircraft orders backlog
1.5.3 Efficient aircraft production processes
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Aerospace Service Robotics Market
1.8.1 Global Aerospace Service Robotics Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Aerospace Service Robotics Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Aerospace Service Robotics Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Aerospace Service Robotics Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Aerospace Service Robotics Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Aerospace Service Robotics Sales Volume Market Share by Region (2017-2022)
3.2 Global Aerospace Service Robotics Sales Revenue Market Share by Region (2017-2022)
3.3 North America Aerospace Service Robotics Sales Volume
3.3.1 North America Aerospace Service Robotics Sales Volume Growth Rate (2017-2022)
3.3.2 North America Aerospace Service Robotics Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Aerospace Service Robotics Sales Volume
3.4.1 East Asia Aerospace Service Robotics Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Aerospace Service Robotics Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Aerospace Service Robotics Sales Volume (2017-2022)
3.5.1 Europe Aerospace Service Robotics Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Aerospace Service Robotics Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Aerospace Service Robotics Sales Volume (2017-2022)
3.6.1 South Asia Aerospace Service Robotics Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Aerospace Service Robotics Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Aerospace Service Robotics Sales Volume (2017-2022)
3.7.1 Southeast Asia Aerospace Service Robotics Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Aerospace Service Robotics Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Aerospace Service Robotics Sales Volume (2017-2022)
3.8.1 Middle East Aerospace Service Robotics Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Aerospace Service Robotics Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Aerospace Service Robotics Sales Volume (2017-2022)
3.9.1 Africa Aerospace Service Robotics Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Aerospace Service Robotics Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Aerospace Service Robotics Sales Volume (2017-2022)
3.10.1 Oceania Aerospace Service Robotics Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Aerospace Service Robotics Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Aerospace Service Robotics Sales Volume (2017-2022)
3.11.1 South America Aerospace Service Robotics Sales Volume Growth Rate (2017-2022)
3.11.2 South America Aerospace Service Robotics Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Aerospace Service Robotics Sales Volume (2017-2022)
3.12.1 Rest of the World Aerospace Service Robotics Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Aerospace Service Robotics Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Aerospace Service Robotics Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Aerospace Service Robotics Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Aerospace Service Robotics Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Aerospace Service Robotics Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Aerospace Service Robotics Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Aerospace Service Robotics Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Aerospace Service Robotics Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Aerospace Service Robotics Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Aerospace Service Robotics Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Aerospace Service Robotics Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Aerospace Service Robotics Sales Volume Market Share by Type (2017-2022)
14.2 Global Aerospace Service Robotics Sales Revenue Market Share by Type (2017-2022)
14.3 Global Aerospace Service Robotics Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Aerospace Service Robotics Consumption Volume by Application (2017-2022)
15.2 Global Aerospace Service Robotics Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Aerospace Service Robotics Business
16.1 Dassault Aviation
16.1.1 Dassault Aviation Company Profile
16.1.2 Dassault Aviation Aerospace Service Robotics Product Specification
16.1.3 Dassault Aviation Aerospace Service Robotics Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 Israel Aerospace
16.2.1 Israel Aerospace Company Profile
16.2.2 Israel Aerospace Aerospace Service Robotics Product Specification
16.2.3 Israel Aerospace Aerospace Service Robotics Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 AeroVironment
16.3.1 AeroVironment Company Profile
16.3.2 AeroVironment Aerospace Service Robotics Product Specification
16.3.3 AeroVironment Aerospace Service Robotics Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 European Aeronautic Defence and Space
16.4.1 European Aeronautic Defence and Space Company Profile
16.4.2 European Aeronautic Defence and Space Aerospace Service Robotics Product Specification
16.4.3 European Aeronautic Defence and Space Aerospace Service Robotics Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 Advanced Robotics
16.5.1 Advanced Robotics Company Profile
16.5.2 Advanced Robotics Aerospace Service Robotics Product Specification
16.5.3 Advanced Robotics Aerospace Service Robotics Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 BlueBotics
16.6.1 BlueBotics Company Profile
16.6.2 BlueBotics Aerospace Service Robotics Product Specification
16.6.3 BlueBotics Aerospace Service Robotics Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 MacDonald Dettwiler Space
16.7.1 MacDonald Dettwiler Space Company Profile
16.7.2 MacDonald Dettwiler Space Aerospace Service Robotics Product Specification
16.7.3 MacDonald Dettwiler Space Aerospace Service Robotics Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 Von Hoerner & Sulger
16.8.1 Von Hoerner & Sulger Company Profile
16.8.2 Von Hoerner & Sulger Aerospace Service Robotics Product Specification
16.8.3 Von Hoerner & Sulger Aerospace Service Robotics Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 Universal Robots
16.9.1 Universal Robots Company Profile
16.9.2 Universal Robots Aerospace Service Robotics Product Specification
16.9.3 Universal Robots Aerospace Service Robotics Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Aerospace Service Robotics Manufacturing Cost Analysis
17.1 Aerospace Service Robotics Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Aerospace Service Robotics
17.4 Aerospace Service Robotics Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Aerospace Service Robotics Distributors List
18.3 Aerospace Service Robotics Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Aerospace Service Robotics (2023-2032)
20.2 Global Forecasted Revenue of Aerospace Service Robotics (2023-2032)
20.3 Global Forecasted Price of Aerospace Service Robotics (2017-2032)
20.4 Global Forecasted Production of Aerospace Service Robotics by Region (2023-2032)
20.4.1 North America Aerospace Service Robotics Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Aerospace Service Robotics Production, Revenue Forecast (2023-2032)
20.4.3 Europe Aerospace Service Robotics Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Aerospace Service Robotics Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Aerospace Service Robotics Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Aerospace Service Robotics Production, Revenue Forecast (2023-2032)
20.4.7 Africa Aerospace Service Robotics Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Aerospace Service Robotics Production, Revenue Forecast (2023-2032)
20.4.9 South America Aerospace Service Robotics Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Aerospace Service Robotics Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of Aerospace Service Robotics by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Aerospace Service Robotics by Country
21.2 East Asia Market Forecasted Consumption of Aerospace Service Robotics by Country
21.3 Europe Market Forecasted Consumption of Aerospace Service Robotics by Countriy
21.4 South Asia Forecasted Consumption of Aerospace Service Robotics by Country
21.5 Southeast Asia Forecasted Consumption of Aerospace Service Robotics by Country
21.6 Middle East Forecasted Consumption of Aerospace Service Robotics by Country
21.7 Africa Forecasted Consumption of Aerospace Service Robotics by Country
21.8 Oceania Forecasted Consumption of Aerospace Service Robotics by Country
21.9 South America Forecasted Consumption of Aerospace Service Robotics by Country
21.10 Rest of the world Forecasted Consumption of Aerospace Service Robotics by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
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Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
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Business Solution
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