Robotic Welding Market Research Report
Gmi ResearchRobotic Welding Market
Robotic Welding Market is expected to touch USD 14,363 million by 2028, growing at a CAGR of 10.8% over the forecast period, owing to the adoption of welding robots to ensure better productivity on welding lines.
Request For a FREE Sample Report on Robotic Welding Market
Robotic welding is an automated procedure using robots to perform the wielding process. Growing use of robotic welding machine for error-free, fast completion, and more excellent security. It offers more flexibility as it can perform complex and précised weld lines. Increasing inclination towards robotic welding to enhance productivity, dependence, and decrease short-term cost. Robotic welding is essential for heavy industries and automotive sectors due to the better productivity and time-saving property. As per the International Federation of Robotics statistics, the number of industrial robots in function will increase each year and is projected to expand in the future. Advent of fourth industrial revolution in the production process has surged the market size. As per one of the prominent players in the market, Kawasaki Heavy Industries, Ltd., the robot business will undergo a significant expansion by commercializing autonomous robotic technology that integrates AI and IoT to reconcile issues arising from labour shortage. Further, the ongoing innovations in automation technology has contributed to the Robotic Welding Market Size.
However, the huge cost of machine might hamper the market growth. Also, it takes longer to complete a robotic welding program than other welding process, thus it is not suitable for smaller projects.
By region, APAC is anticipated to hold a larger share over the forecast period, owing to the presence of prominent automotive companies such as Honda Motor Co., Ltd, Toyota Motor Corporation, and Honda Motors Co., LTD is one of the major factors propelling the market growth. Rapid digitalization, and industrialization has transformed manual into automatic operation will propel the market growth.
Robotic Welding Market Segmentation:
Robotic Welding Market by Type
· Spot Welding Robots
· Arc Welding Robots
Robotic Welding Market by Payload
· Below 50 Kilograms
· 50-150 Kilograms
· Above 150 Kilograms
Robotic Welding Market by End-User Industry
· Automotive and Transportation
· Electrical and Electronics
· Metal and Machinery
· Aerospace and Defence
· Others
Robotic Welding Market by Region:
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· North America
o United States of America
o Canada
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com