The automotive sector is extremely dynamic, forcing automakers to be extremely adaptable. As a result, manufacturers are increasingly implementing smart product systems and flexible logistics systems into their core competencies. For many years, the automotive industry has used industrial robotics in its manufacturing process. Robotic technologies in the automobile sector are more cost-effective, efficient, and safe than their human counterparts since they can complete tasks faster. Reduced operating expenses can be achieved by increasing operational flexibility and reducing raw material wastage and inefficiencies in the workflow, resulting in increased profitability for manufacturers. The existence of numerous major and small size, well-established competitors in the robotics sector makes the global automotive robotics market competitive. Due to the introduction of technologically creative and new products such as collaborative robots, the degree of competition in this market ha...
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