The robotic
welding market is expected to grow at a CAGR of 8.91%, from 2018 to 2023,
to reach a market size of USD 5.96 billion by 2023. Increasing implementation
of Industry 4.0 revolution and rising
need for scalability in manufacturing units in developing economies to meet the
growing demand for various products would contribute to the growth of the
robotic welding market.
Browse 67 market data Tables and 31 Figures spread
through 115 Pages and in-depth TOC on “Robotic Welding Market by Type (Arc
Spot), End-User (Automotive & Transportation, Electricals & Electronics,
Aerospace & Defense, Metals & Machinery), Payload (<50 kg, 50–150
kg, and >150 kg), and Region - Global Forecast to 2023"
Download PDF brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=248099543
The robotic welding market is dominated by players with established brand names and wide
regional presence and local and regional players in emerging economies. The
leading global players in the robotic welding industry include Kuka (Germany),
Fanuc (Japan), Yaskawa (Japan), ABB (Switzerland), and Kawasaki (Japan).
The 50–150 kg segment is estimated to be the fastest
growing robotic welding market, by payload,
from 2018 to 2023. This segment is driven
by factors such as high demand for robots having this payload by various
end-user industries. These robots can perform arc as well as spot welding.
Based on end-user,
the robotic welding market has been segmented
into automotive & transportation, electricals & electronics, aerospace
& defense, metals & machinery, and others. The automotive segment is
expected to grow at the fastest rate during the forecast period and become the
largest market segment by 2023. This growth can be
attributed to factors such as the increasing demand for vehicles in
developing economies. The world’s focus toward electric vehicles would also
boost the growth of this segment.
Request Sample Copy @ https://www.marketsandmarkets.com/requestsample.asp?id=248099543
The robotic welding market has been segmented, by region,
into Asia Pacific, Europe, North America, and Rest of the World. Asia Pacific is projected to grow at the
fastest rate, from 2018 to 2023, followed by Rest
of the World. China, which is highly
focused on automation, dominates
the robotic welding market in Asia Pacific.
It is also expected to be the fastest growing market for robotic welding. Europe, which is the second largest segment
regionally, holds Germany and Spain as the largest contributors to the demand.
But Europe would witness moderate growth rate for robotic welding during the
forecast period owing to the maturity of the market.
View Full report - https://www.marketsandmarkets.com/Market-Reports/robotic-welding-market-248099543.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on
30,000 high growth niche opportunities/threats which will impact 70% to 80% of
worldwide companies’ revenues. Currently servicing 7500 customers worldwide
including 80% of global Fortune 1000 companies as clients. Almost 75,000 top
officers across eight industries worldwide approach MarketsandMarkets™ for
their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™
are tracking global high growth markets following the “Growth Engagement
Model – GEM”. The GEM aims at proactive collaboration with the clients to
identify new opportunities, identify most important customers, write
“Attack, avoid and defend” strategies, identify sources of
incremental revenues for both the company and its competitors.
MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top
players across leaders, emerging companies, innovators, strategic players)
annually in high growth emerging segments. MarketsandMarkets™ is determined to
benefit more than 10,000 companies this year for their revenue planning and
help them take their innovations/disruptions early to the market by providing
them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and
market research platform, “Knowledgestore” connects over 200,000
markets and entire value chains for deeper understanding of the unmet insights
along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
