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This research report provides insights at various levels of analysis, including industry analysis, market share analysis, and profiles of leading market players. This report also aids in the analysis of target segments by providing insights into emerging and high-growth segments, as well as market conclusions. The market data collectively comprise and discuss the fundamental assessments of the competitive scenarios and strategies of the global Robotic Welding Market, including high-growth regions, countries, and their political, economic, and technological contexts. Furthermore, the project report provides insights into historical market values, as well as pricing and cost analysis.
Report Title :
Robotic Welding Market Size, Share & COVID-19 Impact Analysis, By Type (Arc, Spot, MIG/TIG, Laser, Others), By Payload Capacity (Low (6-22 kg), Medium (30-60 kg), High (80-300kg)) By Industry (Automotive, Aerospace & Defense, Construction, Mining, Railway & Shipbuilding, Electrical & Electronics, Others) and Regional Forecast, 2021-2028
The Major Key Market Players Covered in this Report:
FANUC Corporation (Japan), Kuka AG (Germany), Kemppi Oy (Finland), Yaskawa America (United States), ABB (Switzerland), Panasonic Corporation (Japan), OTC DAIHEN Inc. (U.S.), DENSO CORPORATION (Japan), Kawasaki Heavy Industries, Ltd. (Japan), The Lincoln Electric Company (U.S.), Miller Electric Mfg. LLC (U.S.), IGM ROBOTERSYSTEME AG (Austria), Abhisha Technocrats Pvt. Ltd. (Maharashtra, India), Acieta LLC (U.S.), EWM AG (Mündersbach, Germany), Carl Cloos Schweisstechnik GmbH (Haiger, Germany), SIASUN CO., LTD. (China), SMENCO (Australia)
The Robotic Welding market research report provides a thorough examination of the competitive landscape in the industry. It provides an overview of the market’s top players and assists in identifying their major business and revenue-generating strategies, such as recent product launches and key developments. The research report’s conservative estimates forecast the future of market players until 2028.
Report Highlights
The global robotic welding market size was USD 5.42 billion in 2020 and is projected to grow from USD 5.80 billion in 2021 to USD 9.76 billion in 2028, exhibiting a CAGR of 7.7% during the forecast period from 2021-2028. The global impact of COVID-19 has been unprecedented and staggering, with robotic welding witnessing a positive impact on demand across all regions amid the pandemic. Based on our analysis, the global market exhibited a lower growth of 6.9% in 2020 as compared to the average year-on-year growth during 2017-2019. The rise in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels once the pandemic is over.
Gaining a competitive edge in the Robotic Welding Market Share is vital for success, and our special report can help you do just that. This comprehensive report offers in-depth market insights and accurate growth projections, equipping you with the knowledge needed to stay ahead of the competition.
Key Questions Answered in This Report
What was the global Robotic Welding Market size in 2024?
What is the expected growth rate of the global Robotic Welding Market during 2020-2028?
What are the key factors driving the Global Robotic Welding Market?
What is the impact of COVID-19 on the global Robotic Welding Market?
What is the distribution of the global Robotic Welding Market by Solution?
What is the distribution of the global Robotic Welding Market by Service?
What is the distribution of the global Robotic Welding Market by technology?
What is the distribution of the global Robotic Welding Market by Platform?
What is the distribution of the global Robotic Welding Market by application?
What are the key regions in the Global Robotic Welding Market?
Who are the key players/companies in the Global Robotic Welding Market?
Who are the key players/companies in the Global Robotic Welding Market?
Global Robotic Welding Market: Regional Segmentation:-
- North America (USA & Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia & Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia & Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (GCC, South Africa & Rest of Middle East & Africa)
The information enclosed in this report is based on both primary and secondary research methodologies. The primary research methodology includes the interaction with service providers, suppliers, and industry professionals. The secondary research methodology includes a meticulous search of pertinent publications like company annual reports, financial reports, and exclusive databases.
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Why You Should Get This Report
- In-depth Market Analysis: Using both qualitative and quantitative data, gain comprehensive insights into market segmentation while accounting for economic and policy factors.
- Regional and country insights: Understand how supply and demand forces influence market growth at the regional and national level.
- Comprehensive Metrics: Access valuable market value (USD) and volume (units) data for each segment and sub-segment.
- Competitive Landscape: Investigate major players’ market shares, as well as their new projects and strategies implemented in the previous five years.
- Company Profiles: Get detailed profiles of top companies, including product offerings, key financial data, recent developments, SWOT analysis, and strategic plans.
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Recent Industry Developments
- The U.S.-based Path Robotics raised USD 56.0 million for aggressive AI-powered expansion. The company pioneered in the robotic welding industry and has developed an autonomous system in the market.
- Yaskawa America, Inc. launched three new products in the robot welding space that includes an extended-reach industrial robot, a new easy-to-use pendant application for arc welding, and an updated work cell for demanding production environments.
Key competitive advantages in this market include:
- Scalability: the ability to expand services to meet increasing demand.
- Reliability: providing dependable and consistent service.
- Technological Expertise: Deep knowledge and understanding of cutting-edge technologies.
- Customization: offering tailored solutions that meet the unique requirements of clients across various industries.
Conclusion
The global Robotic Welding Industry is expected to grow significantly, owing to technological advancements and rising demand for digital solutions. North America has the largest market share, which is supported by significant government investment in research and initiatives. Key revenue-generating segments prioritize innovative products and services that are tailored to the needs of customers. Despite challenges such as high implementation costs and concerns about data security, strategic actions such as alliance formation and geographical expansion are expected to drive growth. Emerging trends, such as artificial intelligence and big data analytics, will continue to shape the market. As businesses prioritize digital transformation, the Robotic Welding Market is poised for significant growth, reflecting its dynamic nature.
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Table of Content:
Chapter 1- Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USPs of Report
1.8. Report Description
Chapter 2– Global Robotic Welding Market Overview
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Energy Drink Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Robotic Welding Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
TOC Continued……!
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