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The global robotic welding market was valued at USD 3.59 billion in 2017 and is expected to grow at a CAGR of 8.91%, during the forecast period, to reach USD 5.96 billion by 2023. The market growth for robotic welding is mainly driven by the increasing implementation of Industry 4.0 revolution.
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Robotic Welding Market by Type, End-User, Payload and Region - Global Forecast to 2023 www.MarketsandMarkets.com
The spot welding segment is expected to hold the largest share of the robotic welding market, by type, during the forecast period. The spot welding segment is expected to be the largest market for robotic welding, by application, in 2018. Spot welding robots are high-payload robots, which are expensive and widely used in various end-user industries. Major end-user industries include automotive & transportation, which accounts for approximately half of the market share. Increasing vehicle demand in emerging economies such as China, India, and Brazil would contribute to the growth of the spot welding market. Increasing focus on adopting electric vehicles would also act as a driving factor for the market. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=248099543
The >150 kg segment is expected to hold the largest share of the robotic welding market, by payload, during the forecast period. Welding robots which have more than 150 kg of payload are expected to dominate the market due to their application in automotive & transportation and other industries. These robots are high in demand due to the increasing demand for vehicles. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=248099543
Browse >> 67market data tables 31 figures 115 pagesand in-depth TOC on “Robotic Welding MarketMarket - Global Forecast to 2023” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
Asia Pacific is expected to be the fastest-growing robotic welding market. In this report, robotic welding market has been analyzed with respect to 4 regions, namely, North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is expected to be the largest and the fastest growing market, by region, during the forecast period. Increasing adoption of automation by developing economies would drive the growth of the robotic welding market in the region. Major countries driving the market in the Asia Pacific region are China, India, and Taiwan. Rest of the World is expected to be the second fastest growing market for robotic welding. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=248099543
Target Audience: • The target audience of this report includes: • Forums, alliances, and associations • Government institutions • Market research and consulting firms • System integrator companies • Technology investors • Welding material suppliers • Welding robot manufacturers and suppliers • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=248099543
Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the CHP market. These include • Yaskawa (Japan) • Kuka(Germany) • Fanuc (Japan) • ABB (Switzerland) • Panasonic (Japan). • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=248099543
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