
Automotive robotics market is estimated to be USD +5.06 Billion in 2016, and is projected to grow to USD +8.43 Billion by 2021, at a CAGR of +10.73%. Furthermore, increased focus on automation, to mitigate the risk arising from increasing labor costs, can provide a strong impetus to the demand for automotive robotics market. The articulated robot is more widely present in the market as compared to Cartesian, cylindrical, SCARA (Selective Compliance Assembly Robot Arm/ Selective Compliance Articulated Robot Arm) robots due to its higher degree of freedom that provides a manufacturer a larger work envelope and can be used for multiple applications.The numbers interpreted from subordinate research is converged into the research report after approval of the market data approximations through different conferences and analyses directed and gathered information from the industry and market authorities.