Outstanding Growth of Robotic Welding Market is Estimated to reach US$ 5520 Million by the end of 2023 with CAGR of 8.9% | ABB, Yaskawa Electric, Panasonic, KUKA

Robotic Welding Market

Outstanding Growth of Robotic Welding Market is Estimated to reach US$ 5520 Million by the end of 2023 with CAGR of 8.9% | ABB, Yaskawa Electric, Panasonic, KUKA

New report on: “Global Robotic Welding Market 2019-2023”. The report provides the newest industry data and industry future trends. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors’ better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.

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The Robotic Welding Market size to maintain the average annual growth rate of 8.9% from 2780 Million $ in 2014 to 3590 Million $ in 2017, market analysts believe that in the next few years, Robotic Welding market size will be further expanded, we expect that by 2023, The market size of the Robotic Welding will reach 5520 Million $.

In robotic welding, automated programmable tools such as robots are used to mechanize the process of welding by performing both the weld and part handling. In fact, robotic welding is generally used for resistance spot welding and arc welding in high production applications such as automotive sector.

The Global Robotic Welding Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Robotic Welding Market is sub segmented into 50-150 kg, >150 kg. Based on End Use Industry segment, the Robotic Welding Market is sub segmented into Automotive & Transportation, Electricals & Electronics, Aerospace & Defense, Metals & Machinery.

Among the industry segments, Automotive and transportation industry is expected to grow at the highest CAGR during the forecast period; the growth of this segment is contributed through increasing vehicle demand in emerging economies and increasing adoption of electric vehicles throughout the globe.

Furthermore, the robotic welding activities may give rise to unemployment when deployed in countries with a growing population base. Nevertheless, robotic welding can improve the accuracy and time-efficiency in the firms and can be used to perform repetitive & monotonous tasks. In addition, robotic welding can be used to avoid accidents in factories and can be used where human presence is impossible or dangerous. All these aforementioned factors can hinder the growth of robotic welding market in the years to come.

Geographically, Asia Pacific is expected to be the largest and the fastest growing market, by region, during the forecast period. Increasing adoption of automation by developing economies would drive the growth of the Robotic Welding Market in the region. Major countries driving the market in the Asia Pacific region are China, India, and Taiwan. Rest of the World is expected to be the second fastest growing market for Robotic Welding.

Some of the Robotic Welding Market manufacturers involved in the market are ABB, Yaskawa Electric Corporation, Panasonic Corporation, KUKA, Fanuc Corporation, Kawasaki Heavy Industries Ltd, Nachi-Fujikoshi Corp, Daihen Corporation, Denso Corporation, Comau S.P.A, IGM Robotic Systems, Inc, Carl Cloos Schweisstechnik Gmbh, Acquisitions and effective mergers are some of the strategies adopted by the Robotic Welding Market manufacturers. New product launches and continuous technological innovations are the Robotic Welding Market strategies adopted by the major players.

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1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Key questions answered in the report include:

1 What are the key factors driving the Robotic welding market?

2 What are the key markets trends impacting the growth of the global Robotic Welding market?

3 What are the challenges to Robotic Welding market growth?

4 Who are the key vendors in the global Robotic Welding market?

5 What are the market opportunities and threats faced by the vendors in the global Robotic Welding market?

6 What are the key outcomes of the five forces analysis of the global Robotic Welding market?

Latest Industry Updates:

ABB:-Announced that it will introduce collaborative robots to medical laboratories as it opens a new healthcare hub at the Texas Medical Center (TMC) innovation campus in Houston, Texas. The facility will be ABB’s first dedicated healthcare research center when it opens in October 2019. ABB’s research team will work on the TMC campus with medical staff, scientists and engineers to develop non-surgical medical robotics systems, including logistics and next-generation automated laboratory technologies.

Sami Atiya, President of ABB’s Robotics and Discrete Automation business said, “The next-generation laboratory processes developed in Houston will speed manual medical laboratory processes, reducing and eliminating bottlenecks in laboratory work and enhancing safety and consistency. This is especially applicable for new high-tech treatments, such as the cancer therapies pioneered at the Texas Medical Center, which today require manual and time-consuming test processes.”

Table of Content:

1 Robotic Welding Definition

2 Global Robotic Welding Market Major Player Share and Market Overview

3 Major Player Robotic Welding Business Introduction

4 Global Robotic Welding Market Segmentation (Region Level)

5 Global Robotic Welding Market Segmentation (Type Level)

6 Global Robotic Welding Market Segmentation (Industry Level)

7 Robotic Welding Market Forecast 2018-2022

8 Robotic Welding Segmentation Type

9 Robotic Welding Segmentation Industry

10 Robotic Welding Cost Analysis

11 Conclusion

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