1 / 3

Robotic Welding Market: Breakthrough & Forecast

Robotic welding technology is becoming increasingly popular across automotive, metal & machinery, and other industries. Read more about Robotic Welding Market.

tritonmarketresearch
Download Presentation

Robotic Welding Market: Breakthrough & Forecast

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Robotic Welding Market: Breakthrough & Forecast Automationhasdisruptedtheindustrialsectorbydrasticallychangingproductiontechniquesandreducingtheoveralltimeandcostspent.Asaresult,roboticweldingtechnologyisbecomingincreasinglypopularacrossautomotive,metal&machinery,electronics,andotherindustries. AccordingtotheexpertsatTritonMarketResearch,theGlobal Robotic Welding MarketwilladvancewithaCAGRof7.35%overtheforecastperiod,2022-2028 Weldingrobotscanperformcomplicatedtasksandprovidesuperioroutputquickerthanhumanworkers.Theyaredevelopedbycombiningwelding,robotics,artificialintelligence,controlsystems,andsensortechnology.Theserobots’ operationalexcellence,alongwithincreasedproductivity,contributetotheirdemand. Industry4.0ImplementationbolstersWeldingRobotDeployment Industry4.0hasrevolutionizedthemanufacturingsectorbyequippingitwithadvancedtechnology,thusleadingtoenhancedproductivity,flexibility,quality,andspeed.ManufacturersarenowshiftingtowardstheadoptionofintelligentandnetworkedIndustry4.0-compatiblerobotsincorporatedwithwirelessconnectivity,sensors,andacentralizedcontrolsystem. Additionally,playersintheroboticweldingmarketarealsofocusingonintroducingsuchsolutionstothemarket.Forinstance,inMarch2020,RobotecoItalargondevelopedaroboticweldingcellforitsclient

  2. SteelTech,toincreaseproductionandensureinterconnectionwithinallstagesofthemanufacturingprocess.ThecelliscomprisedofaTIGarcweldingsolutionandanIndustry4.0kittoenableeasydataexchangeforefficientinterconnection.SteelTech,toincreaseproductionandensureinterconnectionwithinallstagesofthemanufacturingprocess.ThecelliscomprisedofaTIGarcweldingsolutionandanIndustry4.0kittoenableeasydataexchangeforefficientinterconnection. Automotive&TransportationSectorLeadstheWay Theautomotive&transportationsectoristheleadingindustryverticalintheroboticweldingmarket,whichaccountedforthehighestrevenueshareof$4172.27millioninthesegmentin2021. Therisingdemandforvehiclesandefficientinfrastructurehascompelledtheautomotive&transportationsectortoenhanceproductionandconstructionactivities.Beingattheforefrontofembracingtechnologicalinnovations,ithaslargelyadoptedroboticweldingarmstoboosttheaccuracyandspeedofthevehicle-buildingprocess.Infact,from2018to2023,theuseofweldingrobotsinthissectorincreasedwithaCAGRof8.91%. WhatmakestheAsia-PacificaleaderintheGlobalMarket? TheAsia-Pacific robotic welding marketistheleadingregionglobally.Itaccountedfor$8767.11million in2021andisestimatedtogain$7985.35millionby2028. AccordingtotheInternationalFederationofRobotics(IFR),Asiaaccountedfor71%ofallnewlydeployedindustrialrobotsin2020,with168,400unitsinstalledinChinaitself.Moreover,India,China,Japan,andSouthKoreaareamongtheleadingautomobilemanufacturersintheworld.ThepresenceofarobustautomotiveindustryhasenhancedtheadoptionofweldingrobotsintheAsia-Pacific. Besides,Japanishometoseveralleadingmarketplayers,includingYaskawaElectricCorp,HyundaiMotor,Nachi-FujikoshiCorp,KawasakiHeavyIndustriesLtd,andothers,whicharefocusedondevisinggrowth-drivenstrategies.Forinstance,inMarch2022,Nachi-FujikoshiCorplauncheditsMZFseriescomprisinghigh-speedandhigh-precisionrobots,drivenbytheneedtotacklelaborshortage. Further,inJuly2022,DaihenCorporationdevelopedanewweldingarccalledPlasmaJetTIG,whichisoptimalforjoiningmaincomponentssuchasstatorcoilsofmotorsusedinelectricvehicles.Also,inAugust2022,YaskawaElectricCorplauncheditsnewlineupofMotoman-HC30PLweldingrobots,witha30kgpayloadcapacityforpalletizingapplications. Alongwiththesefactors,theimplementationofmajormanufacturinginitiativessuchas‘MadeinChina2025’ and‘MakeinIndia’ isexpectedtoaidtheadoptionofroboticweldingsystems,thuspositioningtheregion’smarketonagrowthpath. ‘Cap’italizingFutureTech Currently,operatorsarerequiredtoprogramweldingrobotsbeforedeployingthemforaprocess.However,withadvancementsintechnology,theymayonlyneedtothinkaboutthedesiredtasktobeperformedbytherobot.InFebruary2019,researchersattheUniversityofIllinoisUrbana-ChampaigndevelopedanEEG-basedcapthatconvertsbrainwavesintooperationalinstructionsforroboticweldingarms. Ifusedforindustrialapplications,thisbreakthroughdevelopmentcouldeliminatetheneedforcomputerprogrammingandalsoreducethetimetakenfortrainingthepersonnel.Thoughthecomplete

  3. developmentandadoptionofsuchmind-controlledrobotsmaystilltakeseveralyears,itcreatespositiveprospectsforthefutureoftheglobalroboticweldingmarket.developmentandadoptionofsuchmind-controlledrobotsmaystilltakeseveralyears,itcreatespositiveprospectsforthefutureoftheglobalroboticweldingmarket. FAQs: Q1)Whichregionisexpectedtoshowthefastestgrowthintheglobalmarket? NorthAmericaisexpectedtogrowthefastestintheglobalmarket,withaCAGRof8.99%duringtheforecastperiod. Q2)Whicharethedifferenttypesofweldingcoveredinthemarketreport? Theglobalroboticweldingmarketbyweldingtypeincludesspot,plasma,arc(TIG,MIG),laser,andotherweldingtypes. Q3)Whatisakeychallengeinthepathofmarketgrowth? Thehighcostsforinstallingandmaintainingweldingrobotsareakeymarketchallengehinderingtheiradoption.

More Related