Robotic Welding Market Overview:
For the global industry’s Robotic Welding market analysis, a research team did thorough primary and secondary research. Secondary research was carried out in order to enhance the existing data, segment the market, estimate overall market size, and predict the market size, and growth rate.
Robotic welding has grown essential in metal and heavy sectors, particularly in the automobile industry, which uses spot and laser welding, due to its time-saving advantages and high output. It’s useful for short welds with curvatures and repetitive, consistent actions that don’t necessitate periodic welding process adjustments and alterations. The robot may also be used for long weldings, such as in the shipyard sector, thanks to additional dimensions. Despite robotic welding being most commonly utilized in mass manufacturing, where productivity and volume are critical, programs may be tailored to meet any requirement, and robots can be used for shorter and even one-off manufacturing while remaining cost-effective.
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Robotic Welding Market Scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The report’s market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and segment breakdowns are calculated using weights allocated to each segment based on their utilization rate and average sale price. The percentage adoption or usage of the given market Size in the corresponding area or nation is used to calculate the country-wise splits of the overall market and its sub-segments.
Robotic Welding Market Segmentation:
In 2020, the market for robotic welding was dominated by payloads greater than 150 kg. During the forecast period, a CAGR of 5.6% is anticipated. This category is expanding as a result of increased demand for high-payload arc and spot welding robots in the transportation, metallurgy, and architectural industries. These industries are the primary end-users of welding robots with payloads higher than 150 kg due to the deployment of these machines in the aerospace and automotive sectors for the welding of large panels. Furthermore, the market for robotic welding with payloads greater than 150kg is expanding due to the rising demand for automobiles.
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Robotic Welding Market Key Players:
- FANUC Corporation (Japan)
- YASKAWA Electric Corporation (Japan)
- KUKA AG (Germany)
- ABB (Switzerland)
- Kawasaki Heavy Industries, Ltd. (Japan)
- Panasonic Corporation (Japan)
- DAIHEN Corporation (Japan)
- NACHI-FUJIKOSHI CORP. (Japan)
- Comau S.p.A. (Italy)
- Hyundai Robotics (South Korea)
Robotic Welding Market Regional Analysis:
A country-level study of the Robotic Welding Market focuses on segments identified as potentially high-growth, countries with the biggest market share, and nations with the greatest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and other nations are the geographical breakdowns in the Robotic Welding Market study.
Key Questions Answered in the Robotic Welding Market Report are:
- What will be the CAGR of the Robotic Welding market during the forecast period?
- Which segment emerged as the leading segment in the Robotic Welding market?
- Which are the prominent players in the Robotic Welding market?
- What will be the Robotic Welding market size by 2027?
- Which company held the largest share in the Robotic Welding market?
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Stellar Market Research is a market research and consulting firm that provides syndicated and custom research reports in addition to consulting services. The main goal of the company’s products is to assist businesses in identifying, focusing on, and analysing changes in consumer behaviour across demographics and industries to assist them in making better business decisions. In order to provide relevant and fact-based research, the company conducts market intelligence studies in a variety of industries, including healthcare, touch points, and energy. With experience in many different industries, Stellar Market Research has a sizable staff of highly qualified analysts. Clients can gain a competitive advantage over their rivals thanks to the company’s subject-matter expertise and capacity to provide a workable solution to any research problem.
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