The Latin America, Middle East and Africa Automotive Manufacturing Equipment Market would witness market growth of 13.6% CAGR during the forecast period (2023-2030).
Electric vehicles are one of the driving forces of the swiftly emerging new energy economy, and they are bringing about a historic transformation of the automobile manufacturing equipment market. The trends result from rising environmental awareness and the damage to nature caused by ICE vehicles. The internal combustion engine has been unrivaled for more than a century, but electric vehicles are altering the status quo. Presently only electric cars are prominent, but later on, electric buses and trucks are expected to follow this trend too.
The market growth's key points are the increasing demand for passenger vehicles in developing countries and the growing popularity of electric vehicles. Also, the growing adoption of Industry 4.0 and various high-tech technologies will aid the market expansion. Furthermore, this equipment decreases the number of errors during production while also streamlining production. Thus, these mentioned factors are anticipated to propel the market growth.
Loans, tax breaks, and tariff exemptions are ways that NIDC promotes industrialization. Companies looking for joint venture agreements in the Kingdom have prospects due to the demand for vehicle body panels, wheel components, seats, tires, seat belts, rear indicator light covers, fuel pumps, headlights, bumpers, and engine covers. Thus, it is projected that the substantial support provided by the government to the automotive industry, particularly regarding EVs and the high rate of digitization, would increase the need for automotive manufacturing equipment to produce more vehicles and meet the goals of manufacturing more vehicles, which will surge the market growth in the LAMEA.
The Brazil market dominated the LAMEA Automotive Manufacturing Equipment Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $243.2 Million by 2030. The Argentina market is exhibiting a CAGR of 14.1% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 13.2% during (2023 - 2030).
Based on Mode of Operation, the market is segmented into Automatic, and Semi-Automatic. Based on Equipment Type, the market is segmented into Robot, CNC Machine, Conveyor Belt, Stamping Machine, Welding Machine, and Injection Molding Machine. Based on Vehicle Type, the market is segmented into Commercial Vehicles, and Passenger Vehicles. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Automotive Manufacturing Equipment Market is Projected to reach USD 13.3 Billion by 2030, at a CAGR of 10.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Ltd, FANUC Corporation, Kuka AG (Midea Group Co., Ltd.), Daifuku Co., Limited, Yaskawa Electric Corporation, Kawasaki Heavy Industries, Ltd., Amada Co., Ltd., Schuler Group GmbH (Andritz Group), Universal Robots A/S (Teradyne, Inc.) and TRUMPF SE + Co. KG.
Scope of the Study
Market Segments Covered in the Report:
By Mode of Operation
By Equipment Type
- Robot
- CNC Machine
- Conveyor Belt
- Stamping Machine
- Welding Machine
- Injection Molding Machine
By Vehicle Type
- Commercial Vehicles
- Passenger Vehicles
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- ABB Ltd
- FANUC Corporation
- Kuka AG (Midea Group Co., Ltd.)
- Daifuku Co., Limited
- Yaskawa Electric Corporation
- Kawasaki Heavy Industries, Ltd.
- Amada Co., Ltd.
- Schuler Group GmbH (Andritz Group)
- Universal Robots A/S (Teradyne, Inc.)
- TRUMPF SE + Co. KG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Automotive Manufacturing Equipment Market, by Mode of Operation
1.4.2 LAMEA Automotive Manufacturing Equipment Market, by Equipment Type
1.4.3 LAMEA Automotive Manufacturing Equipment Market, by Vehicle Type
1.4.4 LAMEA Automotive Manufacturing Equipment Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Mar – 2023, Apr) Leading Players
Chapter 4. LAMEA Automotive Manufacturing Equipment Market by Mode of Operation
4.1 LAMEA Automatic Market by Country
4.2 LAMEA Semi-Automatic Market by Country
Chapter 5. LAMEA Automotive Manufacturing Equipment Market by Equipment Type
5.1 LAMEA Robot Market by Country
5.2 LAMEA CNC Machine Market by Country
5.3 LAMEA Conveyor Belt Market by Country
5.4 LAMEA Stamping Machine Market by Country
5.5 LAMEA Welding Machine Market by Country
5.6 LAMEA Injection Molding Machine Market by Country
Chapter 6. LAMEA Automotive Manufacturing Equipment Market by Vehicle Type
6.1 LAMEA Commercial Vehicles Market by Country
6.2 LAMEA Passenger Vehicles Market by Country
Chapter 7. LAMEA Automotive Manufacturing Equipment Market by Country
7.1 Brazil Automotive Manufacturing Equipment Market
7.1.1 Brazil Automotive Manufacturing Equipment Market by Mode of Operation
7.1.2 Brazil Automotive Manufacturing Equipment Market by Equipment Type
7.1.3 Brazil Automotive Manufacturing Equipment Market by Vehicle Type
7.2 Argentina Automotive Manufacturing Equipment Market
7.2.1 Argentina Automotive Manufacturing Equipment Market by Mode of Operation
7.2.2 Argentina Automotive Manufacturing Equipment Market by Equipment Type
7.2.3 Argentina Automotive Manufacturing Equipment Market by Vehicle Type
7.3 UAE Automotive Manufacturing Equipment Market
7.3.1 UAE Automotive Manufacturing Equipment Market by Mode of Operation
7.3.2 UAE Automotive Manufacturing Equipment Market by Equipment Type
7.3.3 UAE Automotive Manufacturing Equipment Market by Vehicle Type
7.4 Saudi Arabia Automotive Manufacturing Equipment Market
7.4.1 Saudi Arabia Automotive Manufacturing Equipment Market by Mode of Operation
7.4.2 Saudi Arabia Automotive Manufacturing Equipment Market by Equipment Type
7.4.3 Saudi Arabia Automotive Manufacturing Equipment Market by Vehicle Type
7.5 South Africa Automotive Manufacturing Equipment Market
7.5.1 South Africa Automotive Manufacturing Equipment Market by Mode of Operation
7.5.2 South Africa Automotive Manufacturing Equipment Market by Equipment Type
7.5.3 South Africa Automotive Manufacturing Equipment Market by Vehicle Type
7.6 Nigeria Automotive Manufacturing Equipment Market
7.6.1 Nigeria Automotive Manufacturing Equipment Market by Mode of Operation
7.6.2 Nigeria Automotive Manufacturing Equipment Market by Equipment Type
7.6.3 Nigeria Automotive Manufacturing Equipment Market by Vehicle Type
7.7 Rest of LAMEA Automotive Manufacturing Equipment Market
7.7.1 Rest of LAMEA Automotive Manufacturing Equipment Market by Mode of Operation
7.7.2 Rest of LAMEA Automotive Manufacturing Equipment Market by Equipment Type
7.7.3 Rest of LAMEA Automotive Manufacturing Equipment Market by Vehicle Type
Chapter 8. Company Profiles
8.1 ABB Ltd
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 FANUC Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Geographical Expansions:
8.3 Kuka AG (Midea Group Co., Ltd.)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.4 Daifuku Co., Limited
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.4.5.3 Geographical Expansions:
8.5 Yaskawa Electric Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.5.4.2 Product Launches and Product Expansions:
8.5.4.3 Geographical Expansions:
8.6 Kawasaki Heavy Industries, Ltd.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.7 Amada Co., Ltd.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 Schuler Group GmbH (Andritz Group)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional & Segmental Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Acquisition and Mergers:
8.9 Universal Robots A/S (Teradyne, Inc.)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Recent strategies and developments:
8.9.4.1 Partnerships, Collaborations, and Agreements:
8.9.4.2 Product Launches and Product Expansions:
8.9.4.3 Acquisition and Mergers:
8.10. TRUMPF SE + Co. KG
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
TABLE 1 LAMEA Automotive Manufacturing Equipment Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Automotive Manufacturing Equipment Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automotive Manufacturing Equipment Market
TABLE 4 Product Launches And Product Expansions– Automotive Manufacturing Equipment Market
TABLE 5 Acquisition and Mergers– Automotive Manufacturing Equipment Market
TABLE 6 Geographical Expansions– Automotive Manufacturing Equipment Market
TABLE 7 LAMEA Automotive Manufacturing Equipment Market by Mode of Operation, 2019 - 2022, USD Million
TABLE 8 LAMEA Automotive Manufacturing Equipment Market by Mode of Operation, 2023 - 2030, USD Million
TABLE 9 LAMEA Automatic Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Automatic Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Semi-Automatic Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Semi-Automatic Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Automotive Manufacturing Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 14 LAMEA Automotive Manufacturing Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 15 LAMEA Robot Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Robot Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA CNC Machine Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA CNC Machine Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Conveyor Belt Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Conveyor Belt Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Stamping Machine Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Stamping Machine Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Welding Machine Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Welding Machine Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Injection Molding Machine Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Injection Molding Machine Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Automotive Manufacturing Equipment Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 28 LAMEA Automotive Manufacturing Equipment Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 29 LAMEA Commercial Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Commercial Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Passenger Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Passenger Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Automotive Manufacturing Equipment Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Automotive Manufacturing Equipment Market by Country, 2023 - 2030, USD Million
TABLE 35 Brazil Automotive Manufacturing Equipment Market, 2019 - 2022, USD Million
TABLE 36 Brazil Automotive Manufacturing Equipment Market, 2023 - 2030, USD Million
TABLE 37 Brazil Automotive Manufacturing Equipment Market by Mode of Operation, 2019 - 2022, USD Million
TABLE 38 Brazil Automotive Manufacturing Equipment Market by Mode of Operation, 2023 - 2030, USD Million
TABLE 39 Brazil Automotive Manufacturing Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 40 Brazil Automotive Manufacturing Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 41 Brazil Automotive Manufacturing Equipment Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 42 Brazil Automotive Manufacturing Equipment Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 43 Argentina Automotive Manufacturing Equipment Market, 2019 - 2022, USD Million
TABLE 44 Argentina Automotive Manufacturing Equipment Market, 2023 - 2030, USD Million
TABLE 45 Argentina Automotive Manufacturing Equipment Market by Mode of Operation, 2019 - 2022, USD Million
TABLE 46 Argentina Automotive Manufacturing Equipment Market by Mode of Operation, 2023 - 2030, USD Million
TABLE 47 Argentina Automotive Manufacturing Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 48 Argentina Automotive Manufacturing Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 49 Argentina Automotive Manufacturing Equipment Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 50 Argentina Automotive Manufacturing Equipment Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 51 UAE Automotive Manufacturing Equipment Market, 2019 - 2022, USD Million
TABLE 52 UAE Automotive Manufacturing Equipment Market, 2023 - 2030, USD Million
TABLE 53 UAE Automotive Manufacturing Equipment Market by Mode of Operation, 2019 - 2022, USD Million
TABLE 54 UAE Automotive Manufacturing Equipment Market by Mode of Operation, 2023 - 2030, USD Million
TABLE 55 UAE Automotive Manufacturing Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 56 UAE Automotive Manufacturing Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 57 UAE Automotive Manufacturing Equipment Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 58 UAE Automotive Manufacturing Equipment Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia Automotive Manufacturing Equipment Market, 2019 - 2022, USD Million
TABLE 60 Saudi Arabia Automotive Manufacturing Equipment Market, 2023 - 2030, USD Million
TABLE 61 Saudi Arabia Automotive Manufacturing Equipment Market by Mode of Operation, 2019 - 2022, USD Million
TABLE 62 Saudi Arabia Automotive Manufacturing Equipment Market by Mode of Operation, 2023 - 2030, USD Million
TABLE 63 Saudi Arabia Automotive Manufacturing Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 64 Saudi Arabia Automotive Manufacturing Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 65 Saudi Arabia Automotive Manufacturing Equipment Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 66 Saudi Arabia Automotive Manufacturing Equipment Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 67 South Africa Automotive Manufacturing Equipment Market, 2019 - 2022, USD Million
TABLE 68 South Africa Automotive Manufacturing Equipment Market, 2023 - 2030, USD Million
TABLE 69 South Africa Automotive Manufacturing Equipment Market by Mode of Operation, 2019 - 2022, USD Million
TABLE 70 South Africa Automotive Manufacturing Equipment Market by Mode of Operation, 2023 - 2030, USD Million
TABLE 71 South Africa Automotive Manufacturing Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 72 South Africa Automotive Manufacturing Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 73 South Africa Automotive Manufacturing Equipment Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 74 South Africa Automotive Manufacturing Equipment Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 75 Nigeria Automotive Manufacturing Equipment Market, 2019 - 2022, USD Million
TABLE 76 Nigeria Automotive Manufacturing Equipment Market, 2023 - 2030, USD Million
TABLE 77 Nigeria Automotive Manufacturing Equipment Market by Mode of Operation, 2019 - 2022, USD Million
TABLE 78 Nigeria Automotive Manufacturing Equipment Market by Mode of Operation, 2023 - 2030, USD Million
TABLE 79 Nigeria Automotive Manufacturing Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 80 Nigeria Automotive Manufacturing Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 81 Nigeria Automotive Manufacturing Equipment Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 82 Nigeria Automotive Manufacturing Equipment Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 83 Rest of LAMEA Automotive Manufacturing Equipment Market, 2019 - 2022, USD Million
TABLE 84 Rest of LAMEA Automotive Manufacturing Equipment Market, 2023 - 2030, USD Million
TABLE 85 Rest of LAMEA Automotive Manufacturing Equipment Market by Mode of Operation, 2019 - 2022, USD Million
TABLE 86 Rest of LAMEA Automotive Manufacturing Equipment Market by Mode of Operation, 2023 - 2030, USD Million
TABLE 87 Rest of LAMEA Automotive Manufacturing Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 88 Rest of LAMEA Automotive Manufacturing Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 89 Rest of LAMEA Automotive Manufacturing Equipment Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 90 Rest of LAMEA Automotive Manufacturing Equipment Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 91 Key Information – ABB Ltd
TABLE 92 key information – FANUC Corporation
TABLE 93 Key Information – Kuka AG
TABLE 94 Key Information – Daifuku Co., Limited
TABLE 95 Key Information – Yaskawa Electric Corporation
TABLE 96 Key Information – Kawasaki Heavy Industries, Ltd.
TABLE 97 Key Information – Amada Co., Ltd.
TABLE 98 Key information – Schuler Group GmbH
TABLE 99 Key Information – Universal Robots A/S
TABLE 100 Key Information – TRUMPF SE + Co. KG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Mar – 2023, Apr) Leading Players
FIG 5 LAMEA Automotive Manufacturing Equipment Market share by Mode of Operation, 2022
FIG 6 LAMEA Automotive Manufacturing Equipment Market share by Mode of Operation, 2030
FIG 7 LAMEA Automotive Manufacturing Equipment Market by Mode of Operation, 2019 - 2030, USD Million
FIG 8 LAMEA Automotive Manufacturing Equipment Market share by Equipment Type, 2022
FIG 9 LAMEA Automotive Manufacturing Equipment Market share by Equipment Type, 2030
FIG 10 LAMEA Automotive Manufacturing Equipment Market by Equipment Type, 2019 - 2030, USD Million
FIG 11 LAMEA Automotive Manufacturing Equipment Market share by Vehicle Type, 2022
FIG 12 LAMEA Automotive Manufacturing Equipment Market share by Vehicle Type, 2030
FIG 13 LAMEA Automotive Manufacturing Equipment Market by Vehicle Type, 2019 - 2030, USD Million
FIG 14 LAMEA Automotive Manufacturing Equipment Market share by Country, 2022
FIG 15 LAMEA Automotive Manufacturing Equipment Market share by Country, 2030
FIG 16 LAMEA Automotive Manufacturing Equipment Market by Country, 2019 - 2030, USD Million
FIG 17 Recent strategies and developments: ABB Ltd
FIG 18 SWOT Analysis: ABB Group
FIG 19 Recent strategies and developments: FANUC Corporation
FIG 20 Recent strategies and developments: Daifuku Co., Limited
FIG 21 Recent strategies and developments: Yaskawa Electric Corporation
FIG 22 SWOT Analysis: Amada Co., Ltd.
FIG 23 Recent strategies and developments: Universal Robots A/S