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3. Automotive Manufacturing Equipment Companies - ABB (Switzerland) and FANUC CORPORATION (Japan) are the Key Players

The global automotive manufacturing equipment market is expected to grow from USD 6.7 billion in 2023 to USD 11.4 billion by 2028, at a CAGR of 11.1% from 2023 to 2028. Enhancing cost competitiveness through automation in developed countries and growing adoption of Industry 4.0 in automotive industry are the 2 key factors that have led to the rise in competitiveness in the automotive manufacturing equipment market.

Major Automotive Manufacturing Equipment Companies Include: 

• ABB (Switzerland),
• FANUC CORPORATION (Japan),
• KUKA AG (Germany),
• Yaskawa Electric Corporation (Japan), and
• Kawasaki Heavy Industries, Ltd (US)
• AMADA CO., LTD. (Japan),
• AIDA ENGINEERING, LTD. (Japan),
• Dürr Group (Germany),
• Schuler Group (Germany),
• TRUMPF (Germany),
• Universal Robots (Denmark),
• Daifuku Co., Ltd. (Japan),
• Yamazaki Mazak Corporation (Japan).

Some of the major players in the global automotive manufacturing equipment market, holding a substantial market share of the global market. Apart from these five major players, several other notable players have substantial shares in the market. These players include ,These companies focused on strengthening their market position by developing innovative products and acquiring small players. The automotive manufacturing equipment market is competitive due to the presence of many well-established players and a large number of small companies & startups globally.

To know about the assumptions considered for the study download the pdf brochure

ABB is a global leader in power and automation technologies. The company was formed through the merger of ASEA (Sweden) and Brown, Boveri & Cie AG (Switzerland) in 1988. Its operations are organized into four business divisions—Electrification; Motion; Process Automation; and Robotics & Discrete Automation. In 2018, the company sold its Power Grid business to Hitachi (Japan) to focus on its core businesses. ABB offers automotive manufacturing equipment solutions under the Robotics & Discrete Automation business segment. ABB's Robotics & Discrete Automation segment offers robots, autonomous mobile robots (AMRs), and machine automation solutions to cater requirements of different industries such as automotive, machine building, metalworking, electronics, food and beverage, logistics, etc.

FANUC CORPORATION is one of the leading companies offering robotics and factory automation worldwide. The company operates its business through four divisions-F.A. (Factory Automation), ROBOT, ROBOMACHINE, and Service. Industrial robots are offered under the ROBOT segment, whereas CNC machines are provided under the Factory Automation Segment. The company offers a wide variety of automotive manufacturing solutions, such as dedicated robots equipped with advanced vision and motion control systems used for various applications in the automotive industry, such as welding, sorting, inspecting, and painting. Furthermore, the company also provides customized products such as interfaces to automate MIG/MAG, MIG pulse, TIG, and plasma welding processes for the automotive industry.

In addition, the company offers CNC machines to produce automotive components and factory toolings such as drilling, tapping, boring, complex machining, molding, cutting, and milling, improving the cycle time and increasing productivity.

KUKA AG engages in intelligent automation solutions. It operates through the Systems, Robotics, Swisslog, Swisslog Healthcare, and China segments. The company's Systems segment offers individual system components, tools, and fixtures to complete turnkey systems. The Robotics segment offers industrial, collaborative, mobile robots, robot controllers, software, and digital services for the Industrial Internet of Things. The Swisslog segment of KUKA is responsible for the e-commerce/retail and consumer goods market in intralogistics. The Swisslog Healthcare (HCS) segment develops and implements automation solutions for modern hospitals. The China segment comprises all business activities of the Chinese companies in the Systems, Robotics, Swisslog, and Swisslog Healthcare divisions. The company offers automotive manufacturing equipment in its robotics business segment. The company provides a broad product portfolio in robotics ranging from traditional 6-axis robots to DELTA and SCARA robots that cover payload ranges from 3 to 1,300 kilograms. In addition, the Robotics portfolio includes robot-based, modular manufacturing cells for various applications.

Related Reports:

Automotive Manufacturing Equipment Market by Equipment Type(CNC Machine, Conveyor Belt, Injection Molding Machine, Robot), Mode of Operation(Automatic, Semi-Automatic), Vehicle Type(Passenger Vehicle, Commercial Vehicle), Region - Global Forecast to 2028

See Also :

Automotive Semiconductor Companies

Contact:
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