The latest study on the Robotic Welding Market industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 - 2030 . The market intelligence report on the Robotic Welding Market industry encompasses an in-depth evaluation of different products, applications, end-users and their sales across different regions. A closer look at the important industry terms and definition, technology advancements and forces influencing the product and production capability further makes the report a valuable reference material.
The global robotic welding market size was USD 7.10 Billion in 2021 and is expected to register a revenue CAGR of 10.5% during the forecast period, according to latest analysis by Emergen Research. Advancements in technology have led to development of laser and plasma welding technologies, which is a major factor driving market revenue growth.A laser welding robot employs carbon dioxide-produced laser beam that is directed at work pieces with the support of optics to join separate parts together. Use of laser welding robots can produce output in medium- and large-batch quantities at a reasonable cost per unit. Features of these robots include high reliability, high welding speed, enhanced weld quality, and high accuracy.
Covid impact analysis:
The report considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments.
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/robotic-welding-market
The global Robotic Welding Market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Robotic Welding Market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Some of the key participants in this industry include: Fanuc corporation, Yaskawa Electric Corporation, Kuka AG, ABB, Kawasaki Heavy Industries, Ltd., Panasonic Holdings Corporation, Daihen Corporation, Nachi-Fujikoshi Corp., Comau S.p.A, and Hyundai Robotics.
Emergen Research has segmented the global robotic welding market based on welding type, payload, end-use, and region:
- Welding Type Outlook (Revenue, USD Billion; 2019–2030)
- Arc Welding
- Spot Welding
- Laser Welding
- Payload Outlook (Revenue, USD Billion; 2019–2030)
- 50 kg Payload
- 50-150 kg Payload
- 150 kg Payload
- End-use Outlook (Revenue, USD Billion; 2019–2030)
- Automotive Transportation
- Metals Machinery
- Electrical Electronics
- Aerospace Defense
Region wise performance of the Robotic Welding Market industry
North America Robotic Welding Market forecast is expected to remain significantly positive in terms of revenue share between 2020 and 2030 . In addition, North America Robotic Welding Market revenue share is expected to remain comparatively larger than that of other regional markets from 2020 to 2030 .
Asia Pacific registered fastest revenue CAGR in 2020, and the Robotic Welding Market forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2030 .
Europe Robotic Welding Market forecast is positive currently, with revenue growth expected to remain steady between 2020 and 2030 . Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support Robotic Welding Market growth.
Questions addressed in the report:
- What is the estimated market growth rate throughout the forecast period?
- Which end-use industry is expected to witness the highest demand for Robotic Welding Market in the near future?
- What is the regulatory framework governing the application of Robotic Welding Market in the food industry?
- Which manufacturing processes are utilized for the production of Robotic Welding Market ?
Table of Contents:
- Chapter 1 includes an introduction of the global Robotic Welding Market , along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
- Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
- Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
- In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
- Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application.
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