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The global aerospace robotics market is expected to gain impetus from the increasing adoption of artificial intelligence (AI) by companies for the maintenance of aircraft. This information is given by Fortune Business Insights™ in a new report. The report further mentions that the aerospace robotics market size was USD 2.66 billion in 2019 and is projected to reach USD 7.78 billion by 2027, exhibiting a CAGR of 20.49% during the forecast period. Fortune Business Insights™ lists out the names of all the prominent aerospace robotics manufacturers operating in the global market. They are as follows: ABB Group (Switzerland) Electroimpact Inc. (The U.S.) Fanuc Corporation (Japan) Gudel AG (Switzerland) Kawasaki Robotics (The U.S.) KUKA AG (Germany) Oliver Crispin Robotics Ltd. (The U.K) TAL Manufacturing Solutions Limited India (India) Universal Robotics A/S (Denmark) Yaskawa Electric Corporation (Japan) Information Source: https://www.fortunebusinessinsights.com/aerospace-robotics-market-103324 The emergence of the COVID-19 pandemic is causing uproar in a wide range of industries owing to the complete shutdown of production processes. Some of them have also started to lay off workers as they are facing a severe economic crisis. Until a vaccine is discovered, we are unsure of the upcoming situations. But, the market for aerospace robotics is set to exhibit positive growth amid this pandemic owing to the increasing usage of robots in manufacturing processes to avoid direct contact of people. Our reports are specially created to help you protect your businesses in the ‘new normal.’

The global aerospace robotics market is expected to gain impetus from the increasing adoption of artificial intelligence (AI) by companies for the maintenance of aircraft. This information is given by Fortune Business Insights™ in a new report. The report further mentions that the aerospace robotics market size was USD 2.66 billion in 2019 and is projected to reach USD 7.78 billion by 2027, exhibiting a CAGR of 20.49% during the forecast period. Drivers & Restraints- Investments in R&D Activities to Develop AI-based Robots will Aid Growth Several countries across the globe, including Japan, Germany, South Korea, China, France, and the United States, are making significant investments in research and development endeavors to create advanced AI-enabled robots. In 2017, the South Korean government, for example, planned to allocate around USD 450 million to the aerospace robotics sector with the primary objective of developing intelligent robots. Nevertheless, the implementation of robot automation projects poses challenges for small and medium-sized enterprises (SMEs). Additionally, operators must undergo training to effectively maintain and program these robots. These factors could potentially impede the growth of the aerospace robotics market in the foreseeable future. Information Source: https://www.fortunebusinessinsights.com/aerospace-robotics-market-103324

The global aerospace robotics market is expected to gain impetus from the increasing adoption of artificial intelligence (AI) by companies for the maintenance of aircraft. This information is given by Fortune Business Insights™ in a new report. The report further mentions that the aerospace robotics market size was USD 2.66 billion in 2019 and is projected to reach USD 7.78 billion by 2027, exhibiting a CAGR of 20.49% during the forecast period. The aerospace robotics market has experienced substantial growth and is poised for further expansion in the coming years. Robotics plays a critical role in the aerospace industry, providing automation solutions that enhance efficiency, safety, and productivity across various aerospace operations, including manufacturing, assembly, maintenance, and inspection. Information Source: https://www.fortunebusinessinsights.com/aerospace-robotics-market-103324 Fortune Business Insights™ lists out the names of all the prominent aerospace robotics manufacturers operating in the global market. They are as follows: ABB Group (Switzerland) Electroimpact Inc. (The U.S.) Fanuc Corporation (Japan) Gudel AG (Switzerland) Kawasaki Robotics (The U.S.) KUKA AG (Germany) Oliver Crispin Robotics Ltd. (The U.K) TAL Manufacturing Solutions Limited India (India) Universal Robotics A/S (Denmark) Yaskawa Electric Corporation (Japan)

According to a new report by Fortune Business Insights™, the global aerospace robotics market is anticipated to experience significant growth, primarily driven by the growing adoption of artificial intelligence (AI) for aircraft maintenance.