Robotics in Shipbuilding Market Size Expansion to Drive Significant Revenues in the Future | Taiwan News
Report Ocean published the latest research report on the Robotics in Shipbuilding Market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Robotics in Shipbuilding Market study demonstrates a detailed examination of the business state, which represents creative ways for company growth, financial factors such as production value, key regions, and growth rate. [Download Free Sample]
Global Robotics in Shipbuilding Market is valued at approximately USD 1.26 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.9% over the forecast period 2023-2030. Robotics in shipbuilding refers to the application of robotic systems and automation technologies in the construction and assembly of ships.
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It involves the use of advanced robotic tools, machinery, and computer-controlled systems to streamline and optimize various shipbuilding processes. The integration of robotics in shipbuilding brings numerous benefits, including increased productivity, improved precision, enhanced worker safety, reduced construction time, and better overall quality of the vessels. It enables shipyards to optimize operations, streamline workflows, and meet the growing demands of the maritime industry. The Robotics in the Shipbuilding market is expanding because of factors such as increased usage of robotics to plug labor gap in the shipbuilding industry and increasing shipbuilding demand.
The shipbuilding industry has historically relied on specialized workers for tasks including cutting, welding, and painting. Therefore, shipbuilders are embracing robot technology to save time and money. Additionally, robot technology is remarkably efficient and is demonstrating its ability to eliminate the labour shortage in the shipbuilding industry. For instance, Daewoo Shipbuilding & Marine Engineering (DSME) developed an innovative strategy in January 2023 to address the persistent manpower and talent shortages in the shipbuilding industry. The shipyard said that it has started implementing a collaborative robot-based automatic welding technology. In addition, the use of automation to streamline processes and the rise in demand for collaborative robotics and rising technological advancement in robotics technology is further creating lucrative opportunities for market growth. However, high initial investment and maintenance cost stifles market growth throughout the forecast period of 2023-2030.
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The key regions considered for the Global Robotics in Shipbuilding Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to factors such as an increase in shipbuilding activities in the region, rising investment in the adoption of automation technologies, and rising research and development projects in the region. Whereas, Europe is projected to grow significantly owing to factors such as the rising adoption of robotics technology in the industry, the rising development of new technologies in the region.
Major market player included in this report are:
ABB Group
The Fanuc Corporation
Comau S.p.A.
Yaskawa America, Inc.
Kuka AG
Sarcos Technology And Robotics Corp.
Seiko Epson Corporation
Universal Robots
Kawasaki Heavy Industries, Ltd.
Staubli International AG
Recent Developments in the Market:
In January 2022, The South Korean shipbuilding company Daewoo Shipbuilding & Marine Engineering developed a collaborative robot (cobot) to boost productivity. Cobots are robots designed specifically for face-to-face interaction with humans in public spaces or other settings where humans and robots coexist.
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In July 2023, Italian shipbuilder Fincantieri and Italian robotics firm Comau have a contract for the development of robots and other solutions for use in heavy construction and other applications. At the Fincantieri shipyard, the two corporations would collaborate to create and test novel applications.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Articulated Robots
Cartesian Robots
SCARA Robots
Cylindrical Robots
Others
By Application:
Handling
Welding
Assembling
Inspection
Others
By Lifting Capacity:
Less than 500 kg
500 to 1000 kg
Over 1000 kg
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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The report is structured as follows:
Chapter 1: Provides an overview of the global Robotics in Shipbuilding industry.
Chapter 3: Explores market dynamics.
Chapter 4: Profiles top industry companies.
Chapter 5: Analyzes global market competition among players.
Chapter 6: Examines the market’s size across regions.
Chapter 7: Focuses on market segments by application.
Chapter 8: Dives into industry segments by type.
Chapter 9: Covers the market chain, sourcing strategies, and downstream buyers.
Chapter 10: Discusses strategies and key policies of distributors, suppliers, and traders.
Chapter 11: Analyzes key marketing strategies employed by market vendors.
Chapter 12: Examines factors affecting market dynamics.
Chapter 13: Forecasts the global Robotics in Shipbuilding market size for 2024-2032 and beyond.
These responses will function a complete examination of the:
- The markets’ present-day infrastructures
- Market possibilities and challenges
- Future plausible for increase in particular industries
- Major geographic and market segments to target, and end-user goal organizations and their viable operational volumes
- Representative and a price chain probability breakdown
- Market dimension and boom price during the expected time frame.
- The market’s important using forces
- Key market traits are impeding market expansion.
- Obstacles to market expansion.
- Market’s pinnacle merchants.
- Thorough SWOT analysis
- Threats and possibilities confronted with the aid of the modern carriers in the world market.
- Trending elements that affect the markets in the quite a number region.
- Initiatives with a strategic center of attention on the pinnacle vendors.
- PEST find out about of the five essential market regions.
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