Yahoo Finance •Robotic Welding Market: Yaskawa Motoman Launches Three New Products to Expand its Product Portfolio and Boost Sales Revenue
Companies Profiled in Robotic Welding Market: Kemppi Oy (Finland),ABB (Switzerland), Panasonic Corporation (Japan), OTC DAIHEN Inc (U.S.), FANUC Corporation (Japan), Kuka AG (Germany), Yaskawa America (United States), Fanuc (Japan), DENSO CORPORATION (Japan), Kawasaki Heavy Industries, Ltd. (Japan), The Lincoln Electric Company (U.S.), Miller Electric Mfg. LLC (U.S.), IGM ROBOTERSYSTEME AG (Austria), Acieta LLC (U.S.), SIASUN CO., LTD. (China),SMENCO (Australia)
Pune, India, Oct. 27, 2021 (GLOBE NEWSWIRE) -- The global robotic welding market size is expected to gain momentum by reaching USD 8.31 billion by 2027 while exhibiting a CAGR of 7.6% between 2020 and 2027. This is attributable to the increasing adoption of automation in the manufacturing process that propels the demand for advanced robotic welding machines across the globe. This information is published by Fortune Business Insights, in its latest report, titled, “Robotic Welding Market Size, Share & COVID-19 Impact Analysis, By Type (Arc, Spot, MIG/TIG, Laser, Others (Plasma etc.)), By Payload Capacity (Low (6-22 kg), Medium (30-60 kg), High (80-300kg)) By Industry (Automotive, Aerospace & Defense, Construction, Mining, Railway & Shipbuilding, Electrical & Electronics, Others) and Regional Forecast, 2020-2027.” The report further observes that the market stood at USD 4.66 billion in 2019 and is likely to experience significant growth in the forthcoming years.
What does the Report Include?
The global Robotic Welding Market Share for ophthalmic devices report includes a detailed assessment of various growth drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Additionally, the report provides a comprehensive research into the regional developments of the market that would affect its growth during the forecast period. It includes information sourced from the advice of expert professionals from the industry by our research analysts using several methodologies. The competitive landscape offers further detailed insights into strategies such as product launches, partnerships, merger and acquisition, and collaborations adopted by the companies to maintain market stronghold between 2020 and 2027.
Click here to get the short-term and long-term impact of COVID-19 on this Robotic Welding Market Report.
Please Visit: https://www.fortunebusinessinsights.com/robotic-welding-market-104288
List of the Companies Profiled in the Global Market for Robotic Welding Industry:
Kemppi Oy (Finland)ABB (Switzerland)
Panasonic Corporation (Japan)
OTC DAIHEN Inc (U.S.)
FANUC Corporation (Japan)
Kuka AG (Germany)
Yaskawa America (United States)
Fanuc (Japan)
DENSO CORPORATION (Japan)
Kawasaki Heavy Industries, Ltd. (Japan)
The Lincoln Electric Company (U.S.)
Miller Electric Mfg. LLC (U.S.)
IGM ROBOTERSYSTEME AG (Austria)
Acieta LLC (U.S.)
Robotic Welding Market Share Report Scope and segmentation:
Report Coverage | Details |
Forecast Period | 2020 to 2027 |
Forecast Period 2020 to 2027 CAGR | 7.6% |
2027 Value Projection | USD 8.31 Billion |
Base Year | 2019 |
Market Size in 2019 | USD 4.66 Billion |
Historical Data for | 2016 to 2018 |
No. of Pages | 140 |
Segments covered | Type, Payload Capacity, Industry, Geography |
Growth Drivers | Increasing Adoption of Automation in Manufacturing to Promote Growth |
Asia-Pacific to Remain Dominant; Increasing Adoption of Industry 4.0 to Aid Growth | |
| High Initial Investment and Major Safety Issues to Hinder Market Growth |
Ask For Customization: https://www.fortunebusinessinsights.com/enquiry/customization/robotic-welding-market-104288
REGIONAL INSIGHTS
Asia-Pacific to Remain Dominant; Increasing Adoption of Industry 4.0 to Aid Growth
Among all the regions, Asia-Pacific is expected to remain dominant and hold the highest position in the global welding robots market during the forecast period. This dominance is attributable to the increasing adoption of Industry 4.0 robotic welding techniques by the manufacturers to speed up industrial operations and improve efficiency in the region. Asia-Pacific generated USD 1.64 billion in terms of revenue in 2019.
North America, on the other hand, is expected to hold the second position in the Robotic Welding Market in the forthcoming years. This is ascribable to factors such as the presence of prominent players in countries such as the U.S. that are adopting automation services rather than manual welding processes in the region between 2020 and 2027.
COVID-19 Surges Adoption of Automation Services across Manufacturing Industries
The lockdown imposed by several government agencies has led to the shutdown of manufacturing units owing to a reduced workforce across the globe. This has led to unprecedented economic loss across several industrial applications such as automotive, electronics, construction, and others. However, to bring back the economy on track, the companies are focusing on adopting automation services that have several advantages over manual labor. This is expected to boost the demand for automated robotic solutions in the forthcoming years.
The growing focus on reducing manual intervention in challenging manufacturing operations is driving the demand for advanced robotic welding machines globally. The major companies are either developing or adopting advanced industrial robots to significantly increase productivity while reducing costs.
Request Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/robotic-welding-market-104288
DRIVING FACTORS
Increasing Adoption of Automation in Manufacturing to Promote Growth
The emergence of modern technology has positively affected the manufacturing sector across the globe. Several major industrial sectors are experiencing a paradigm shift by adopting advanced automated welding services. The adoption of automation has brought upon several advantages such as improved efficiency and accuracy, reduced uptake time, and high level of productivity. This is expected to favor the demand for advanced robotic welding systems across the manufacturing processes. Additionally, the rising automotive sector is expected to contribute to the growth of the global robotic welding market Growth during the forecast period.
COMPETITIVE LANDSCAPE
Product Launches by Major Companies to Strengthen Their Market Positions
The global welding robotic market is consolidated by the presence of major companies that are focusing on introducing advanced robotic welding machines to cater to the growing demand for automation services in manufacturing operations. Other key players positioned in the market are striving to maintain their presence by adopting strategies such as collaboration, partnership, and facility expansion that will boost the growth of the market during the forecast period.
Industry Development:
July 2019 – Yaskawa Motoman announced the launch of three new products across the robotic welding systems space. The company introduced an advanced extended-reach industrial robot, an updated work cell for production environment, and a new application for arc welding.
Quick Buy – Robotic Welding Market: https://www.fortunebusinessinsights.com/checkout-page/104288
Table Of Content:
Introduction
Definition, By Segment
Research Approach
Sources
Executive Summary
Market Dynamics
Macro and Micro Economic Indicators
Drivers, Restraints, Opportunities and Trends
Impact of COVID-19
Short-term Impact
Long-term Impact
Competition Landscape
Business Strategies Adopted by Key Players
Consolidated SWOT Analysis of Key Players
PESTLE Analysis
Porter’s Five Force Analysis
Global Robotic Welding Market Share Analysis and Matrix, 2019
Key Market Insights and Strategic Recommendations
Profiles of Key Players (Would be provided for 10 players only)
Overview
Key Management
Headquarters etc.
Offerings/Business Segments
Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
Employee Size
Key Financials
Past and Current Revenue
Gross Margin
Geographical Share
Business Segment Share
Recent Developments
Primary Interview Responses
Annexure / Appendix
Global Robotic Welding Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
By Type (Value)
Arc
Spot
MIG/TIG
Laser
Others (Plasma etc.)
By Payload Capacity (Value)
Low (6-22 kg)
Medium (30-60 kg)
High (80-300kg)
By Industry (Value)
Automotive
Aerospace & Defence
Construction
Mining
Oil & Gas
Railway & Shipbuilding
Electrical & Electronics
Others (Steel Plant, Wind Turbines etc.)
By Region (Value)
North America
South America
Europe
Middle East & Africa
Asia Pacific
North America Robotic Welding Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
By Type (Value)
Arc
Spot
MIG/TIG
Laser
Others (Plasma etc.)
By Payload Capacity (Value)
Low (6-22 kg)
Medium (30-60 kg)
High (80-300kg)
By Industry (Value)
Automotive
Aerospace & Defence
Construction
Mining
Oil & Gas
Railway & Shipbuilding
Electrical & Electronics
Others (Steel Plant, Wind Turbines etc.)
By Country (Value)
U.S.
By Type (Value)
Arc
Spot
MIG/TIG
Laser
Others (Plasma etc.)
Canada
By Type (Value)
Arc
Spot
MIG/TIG
Laser
Others (Plasma etc.)
Mexico
By Type (Value)
Arc
Spot
MIG/TIG
Laser
Others (Plasma etc.)
Europe Robotic Welding Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
By Type (Value)
Arc
Spot
MIG/TIG
Laser
Others (Plasma etc.)
By Payload Capacity (Value)
Low (6-22 kg)
Medium (30-60 kg)
High (80-300kg)
By Industry (Value)
Automotive
Aerospace & Defence
Construction
Mining
Oil & Gas
Railway & Shipbuilding
Electrical & Electronics
Others (Steel Plant, Wind Turbines etc.)
By Country (Value)
UK
By Type (Value)
Arc
Spot
MIG/TIG
Laser
Others (Plasma etc.)
Germany
By Type (Value)
Arc
Spot
MIG/TIG
Laser
Others (Plasma etc.)
Italy
By Type (Value)
Arc
Spot
MIG/TIG
Laser
Others (Plasma etc.)
Spain
By Type (Value)
Arc
Spot
MIG/TIG
Laser
Others (Plasma etc.)
Benelux
By Type (Value)
Arc
Spot
MIG/TIG
Laser
Others (Plasma etc.)
Nordics
By Type (Value)
Arc
Spot
MIG/TIG
Laser
Others (Plasma etc.)
Russia
By Type (Value)
Arc
Spot
MIG/TIG
Laser
Others (Plasma etc.)
Rest of Europe
Speak To Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/robotic-welding-market-104288
Have a Look at Related Research Insights:
Ultra-low Temperature Freezer Market Size, Share & COVID-19 Impact Analysis, By Type (Chest and Upright), By Capacity (Less than 300 Liters, 301-500 Liters, 501-700 Liters, 701-900 Liters and More than 900 Liters), By Application (Bio Banks & Hospitals, Academic & Research Laboratories and Others) and Regional Forecast, 2020-2027
Dairy Processing Equipment Market Size, Share & COVID-19 Impact Analysis, By Type (Pasteurizers, Homogenizers, Separators, Evaporators & Drying Equipment, Membrane Filtration Equipment & Others), By Application (Processed Milk, Cream, Milk Powders, Cheese, Protein Ingredient & Others) and Regional Forecast, 2020-2027
Ultrasonic Cleaning Equipment Market Size, Share & COVID-19 Impact Analysis, By Type (Standalone, Benchtop, Multistage), By Application (Automotive, Healthcare, Electrical & Electronics, Aerospace & Defense and Others), and Regional Forecast, 2020-2027
Meteorological Equipment Market Size, Share & COVID-19 Impact Analysis, By Product Type (Cold Cloud, Warm Cloud and Mixed Phenomenon), By Application (Detection of Meteorological Conditions, Field Operation, Process Monitoring, and Others), By Industry (Aviation, Agriculture, Energy & Utilities and Others) and Regional Forecast, 2020-2027
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
LinkedIn: https://www.linkedin.com/company/fortune-business-insights
Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd
Read Press Release https://www.fortunebusinessinsights.com/press-release/global-robotic-welding-market-10383
