Robotic Welding Market Overview:
The Robotic Welding Industry Report from Stellar Industry Research provides readers with a thorough analysis of the global market environment. Using 2020 as the base year and historical data from 2016 to 2019, this market study looks at the situation from 2021 to 2027. By giving customers a variety of research-based information, this study assists them in making important business decisions.
Robotic welding automates the welding method by using robots that execute and oversee the welding depending on the software that can be modified to meet the project’s needs. Welders still oversee and monitor robotic welding, which is a more sophisticated variant of mechanized welding in which machinery does the welding. Robotic technology enables more precise and efficient outcomes, as well as reduced waste and more safety. The robots can reach previously unreachable areas and can conduct more complex and accurate weld patterns and joints in less time than hand welding. This offers more adaptability and frees up time for manufacture. The demand is inceasing in the robotic welding market as robot can adjust to a broad range of welding parameters, spanning arc, resistive, spot, TIG, laser, plasma, and MIG welding, thanks to the diversity of equipment available. The major goal is to include the appropriate welding programs and tools in the welding process.
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Robotic Welding Market Dynamics:
The reasons for the worldwide Robotic Welding market’s rise, as well as the market’s many users, are investigated. This market-ready investigative study provides a complete review of all important advancements already in use across all industry sectors. To deliver essential data analysis, figures, graphics, and briefings should be used.
Countless end-user enterprises, which include automobiles and mass transit, materials and industrial equipment, electrical engineering, and aeronautics, have begun to incorporate Industry 4.0 principles into their production methods in order to reap the benefits of productivity improvements, adaptability, and security, as well as decent performance, diminished consumables, and lower operating costs. Industry 4.0 completely automates production methods with minimal to no human intervention. The industrial internet of things, cyber systems, web robotics, cloud technology, and big data are all areas where it may help. As a result, welding technology companies are moving toward the manufacturing of Industrial 4.0 compatible machines that are interconnected and cognitive.
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.
By End-User, the automotive and transportation segment dominated the robotic welding market in 2020. It is expected to witness a CAGR of 6.6% in the aforementioned forecast period. The rising worldwide demand for vehicles is a major element driving this segment’s growth. In addition, increased human safety issues in vehicle production plants are driving up demand for small, medium, and high-payload welding robots.
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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)
COVID-19 Impact Analysis of Robotic Welding market:
The COVID-19 virus caused a significant and extended drop in industrial utilisation, while travel prohibitions and facility closures kept individuals away from their facilities, causing the Robotic Welding market to stall in 2020. The new study examines the influence of COVID 19 on the Robotic Welding# market, as well as insights, analyses, estimations, and predictions. Stellar Robotic Welding Market Research examines consumer behaviour in the aftermath of the epidemic, as well as its impact on the Robotic Welding market’s future, categorization, trends, and growth in market limitations.
About Stellar Market Research:
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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