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Robotic Welding Market Research Covers, Future Trends and Opportunities, Past, Present Data, and Deep Analysis by The Insight Partners
Robotic Welding
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Automation has stirred the industrial sector by drastically changing the way of production and reducing the manufacturing time and production cost, owing to which robotic welding market players are shifting toward networked and intelligent production of Industry 4.0-compatible robots. For instance, in July 2020, ABB India opened a new robotics facility to offer benefits of Industry 4.0 such as digitalization technologies and industry-leading robotics to Indian industries across automotive & transportation and electrical & electronics sectors. Additionally, players in the robotic welding market take various strategic initiatives toward advanced Industry 4.0-ready solutions. For instance, in October 2020, Fujitsu, FANUC Corporation, and NTT Communications established DUCNET Co., Ltd. to offer a cloud service for supporting digital transformation (DX) in the machine tool industry and the broader manufacturing industry. However, the rise in need for automation across industries, coupled with significant technological growth, is expected to fuel the robotic welding market growth.
Based on type, the global robotic welding market is categorized into spot welding, arc welding, and others. In 2020, the spot-welding segment led the robotic welding market and accounted for the largest market share. Spot welding is a resistance welding process that uses a large electrical current to join two or more metal sheets in a single location. Spot welding technology has evolved through its extensive use in automobile manufacturing using articulated robots. It is among the earliest welding procedures that are used in several applications. It is employed in a vast selection of businesses and has been widely used in welding sheet steel automobile bodies. Moreover, the increasing product development by robotic welding market players will drive the growth of robotic welding market size as spot welding continues to be a major application area in automotive and electronics manufacturing. For instance, Yaskawa Motowan, one of the key robotic welding market players, is actively collaborating with automotive OEMs to develop innovative robots to improve the overall body shop productivity.
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The List of Companies - Robotic Welding Market
• Panasonic Corporation
• Yaskawa Electric Corporation
• ABB
• Fanuc Corporation
• IGM ROBOTERSYSTEME
• Kawasaki Heavy Industries, Ltd.
• Kuka AG
• NACHI FUJIKOSHI CORP
• NOVARC TECHNOLOGY
• OTC DAIHEN
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If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductors and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, and Chemicals and Materials.
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