What Is The Historic And Current Analysis Of The Aerospace Robotics Market Size?
The Aerospace Robotics Market has displayed positive growth patterns, benefited by several key factors.
• In 2024, the market size was reported at $4.55 billion, which then increased to $5.19 billion in 2025. This escalation corresponds to a compound annual growth rate (CAGR) of 13.9%.
The market success in the historical period can be attributed to factors like global economic development, growth in commercial air traffic, rise in automation, an uptick in demand for product customization, and labor shortages.
What Growth Projections Does The Aerospace Robotics Market Size Forecast Exhibit?
The aerospace robotics market presents promising future growth rates.
• Projected to reach a market value of $8.17 billion in 2029, the market will grow at a CAGR of 12.0%.
The anticipated growth during the forecast period can be attributed to the escalating adoption of unmanned aerial vehicles (UAVs), increasing demand for space exploration, rising investments in research and development, and shorter production cycles. Future market trends are expected to include the integration of AI and machine learning, swarm robotics, human-robot collaboration, exoskeletons and wearable robotics, along with collaborations and partnerships.
What Key Factors Are Propelling The Growth Of The Aerospace Robotics Market?
The surge in commercial air traffic is expected to manifest as a major propellant for the aerospace robotics market during the forecast period. Aerospace robotics offers high precision and performance in tasks like constructing aircraft engines, drilling and painting airframes, and precise fiber cutting and placement. The burgeoning middle-class population and the rising popularity of low-cost airlines in developing economies are expected to promote airline activity, causing a subsequent increase in demand for aircraft. For instance, Boeing's 2020-2039 commercial market outlook projected India's domestic air passenger market to double in size by 2030 from its pre-pandemic levels. This will presumably create a demand for an additional 2200 new commercial aircraft over the next 20 years in India, thereby enhancing the growth of the aerospace robotics market further.
How Is The Aerospace Robotics Market Segmented?
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
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What Are The Trends Shaping The Aerospace Robotics Market?
Significant players in the aerospace robotics sector are developing innovative solutions including worm-inspired robots to bolster maintenance and inspection processes. For example, in September 2023, GE Aerospace launched Sensiworm, a worm-inspired robot designed for on-wing inspections of jet engines. This robot, with soft robotics technology, facilitates navigating the intricate interior of jet engines, detecting defects, and measuring the thickness of thermal barrier coatings along with real-time transmission of video and engine condition data to operators.
Who Are The Key Players In The Aerospace Robotics Market?
Major contributors 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.
Which Region Leads The Aerospace Robotics Market?
In 2024, North America emerged as the largest region in the aerospace robotics market. However, Asia-Pacific is expected to be the most dynamic region during the forecast period. The regional coverage in the aerospace robotics market report includes Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
