Global Robotic Welding Market is valued USD 3.5 billion in 2016 is anticipated to grow USD 7.51 billion with the compounded annual growth of 8.85 % over the forecast period 2017-2025.
New York 15 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Robotic Welding Market industry is poised to raise USD 7.51 billion by 2025. Arc Welding & Spot Welding are the main type of the Robotic Welding Market. End Applications market is further segmented at the regional level. Regional penetration for each Application is derived from the macroeconomic factors such as Per-capita Income size, GDP, & International trade The regional level applications are further segmented into Enduser based on their usage in respective applications..
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The industry is seems to be fairly competitive Some of the key manufacturers involved in the market are – ABB, Yaskawa Electric Corporation Panasonic Corporation, Kuka, Fanuc Corporation, Denso Corporation, Comau S.P A, Daihen Corporation, Kawasaki Heavy Industries Corporate Ltd, IGM Robotic System Inc. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- Framework to ensure safety of workforce: a major market driver
- Need Advanced software to improve programming: emerging market trend
- The Americas dominated the global arc welding robots market with 40% share in 2017
Bizwit Research & Consulting LLP has considered following segments for the study:
- Arc Welding
- Spot Welding
Below 50 Kg
- 50-150 Kg
- Above 150 Kg
By End User:
- Automotive & Transportation
- Metal & Machinery
- Electrical & Electronics
- Aerospace & Defense
- North America
- Asia Pacific
- Latin America
- Rest of the World