Automation in Aerospace Manufacturing Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Automation in aerospace manufacturing provides several advantages over the conventional manufacturing processes. Automation increases efficiency and precision over that of human operators performing the similar tasks. The use of robotics enable highly efficient productivity in tight spaces and hard to reach locations. Furthermore, automation improves safety by replacing operators from hazardous tasks like picking up heavy objects, tasks involving repetitive motion, or other such potentially dangerous tasks. The market is driven by the advancements in automation technology and integration of AI in the manufacturing processes.

MARKET SCOPE

The "Global Automation in Aerospace Manufacturing Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of Automation in Aerospace Manufacturing market with detailed market segmentation by solution type, application, and geography. The global Automation in Aerospace Manufacturing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Automation in Aerospace Manufacturing market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on solution type, the global Automation in Aerospace Manufacturing market is segmented into digital technologies, robotics, controllers, simulation, and others.
  
•   On the basis of application, the market is segmented into Arc Welding, Engine Production, Assembly, Parts Inspection, Vision Application, and Others
  

MARKET DYNAMICS

Drivers:

•   Automation enables high precision and safety in aerospace manufacturing
  
•   Increase in global aircraft production
  
•   Development of advanced technologies in automation processes and robotics
  

Restraints:

•   High maintenance and setup costs
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Automation in Aerospace Manufacturing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Automation in Aerospace Manufacturing market in these regions.

IMPACT OF COVID-19 ON AUTOMATION IN AEROSPACE MANUFACTURING MARKET

The COVID-19 pandemic dramatically impacted the global aviation industry as major aircraft manufacturing companies halted the production owing to the fall in demand from commercial airlines and disruptions in the global supply chain. For instance, from the onset of the pandemic till June 2021, aircraft deliveries dropped by around 60%, the sharpest year-on-year fall in 50 years. However, aircraft manufacturers have been adopting automated manufacturing processes at an accelerated rate due to the advantages they offer in terms of restricted transmission of virus. Since automation requires minimum human interaction, aerospace manufacturers are increasingly shifting their focus towards the use of robotics and AI to meet the projected demand in post-COVID scenario. Furthermore, the production in aircraft for defense has been largely unaffected. Therefore, the impact of COVID-19 on the automation in aerospace manufacturing market has been positive due to the advantages offered by automation to limit the spread of the virus.

MARKET PLAYERS

The report covers key developments in the Automation in Aerospace Manufacturing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership and collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Automation in Aerospace Manufacturing market are anticipated to lucrative growth opportunities in the future with the rising demand for Automation in Aerospace Manufacturing in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Automation in Aerospace Manufacturing market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Acieta LLC
  
•   ATS Automation Tooling Systems Inc.
  
•   Expert Tooling & Automation Ltd.
  
•   Infosys Limited
  
•   JR Automation
  
•   Kawasaki Heavy Industries, Ltd.
  
•   Lanco Integrated
  
•   Rockwell Automation, Inc.
  
•   Siemens
  
•   SRSI
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Automation in Aerospace Manufacturing Report Scope