Welding Robot Market 2021 Size-Share with Top Companies, Regional Growth Rate, Trends Future Opportunities and Global Industry Analysis Forecast to 2027 | FANUC, ABB, Yaskawa, KUKA, OTC, Kawasaki, Panasonic, NACHI, Comau, Hyundai
The Welding Robot Market length is anticipated to develop at a CAGR of 10.9% for 2021-2027.
The rise in customer-centricity within the aviation trade acts collectively of the key factors driving the expansion of the market. The study includes information on rising players, as well as the competitive landscape, revenue, revenue and world market share of the key manufacturers: FANUC, ABB, Yaskawa, KUKA, OTC, Kawasaki, Panasonic, NACHI, Comau, Hyundai, ClOOS, REIS, STUAA, IGM, Siasun, GSK CNC, Effort, STEP Electric, PeiTian
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 the automotive and transportation, electrical and electronics, and other upcoming sectors.
In 2020 November, FANUC Corporation expanded its extensive range of models with the addition of 2 robots—M-20iD/35 handling robot and the welding version ARC Mate 120iD/35. The two models have a maximum payload of 35 kg and a range of 1,831 mm.
In 2020 June, Hyundai Robotics established an office in Germany to offer industrial robots and other robot line-ups to European customers and manage the robots that were supplied to Korean auto companies located in Eastern Europe.
In 2019 October, FANUC America Corporation, a subsidiary of FANUC CORPORATION in Japan, constructed a new 461,000-square-foot North Campus robotics and automation facility in Auburn Hills, Michigan, that will be used for engineering, product development, manufacturing, and warehousing.
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on the concept of varieties, the market from 2021 to 2027 is primarily split into:
Equipment & Machinery
on the idea of applications, the market from 2021 to 2027 covers:
Spot Welding Robot
Arc Welding Robot
APAC held the largest share of the robotic welding market
APAC is projected to account for the largest share of the overall robotic welding market in 2027. The market in this region is projected to grow at the highest CAGR from 2021 to 2027. The key factor contributing to the growth of the robotic welding market in APAC is the emergence of countries such as China, Japan, India, and South Korea as manufacturing hubs for electronic equipment, devices, and components. These countries also have flourishing automotive and other industries. These industries require robots for increasing their production volume and reducing their overall production time. In addition, welding robot manufacturers are increasing the scalability of their production facilities.
Regional Welding Robot Market (Regional Output, Demand & Forecast by Countries):
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
In addition, the market report provides Associate in Nursing in-depth analysis of each region, conjointly has Associate in Nursing in-depth country analysis. additionally, to plug revenue, the market value report conjointly provides forecast analysis of countries and regions. A top-down demand analysis was conjointly administered.
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Key edges for Welding Robot Market:
This study contains an Associate in Nursing analytical depiction of the Welding Robot market trends with current trends and future estimations to depict the approaching investment pockets.
the worldwide market research report presents info related to key drivers, restraints, and opportunities with elaborate impact analysis.
Porter’s 5 forces analysis illustrates the efficiency of the patrons and suppliers within the Welding Robot market share.
The study conjointly contains the Welding Robot market chance that helps key players in deciding.
The leading players within the trade predict a high revenue margin from Welding Robot market returns.
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Effect of COVID-19:
The Global Market report investigates the result of Coronavirus (COVID-19) on the trade. Since Dec 2019, the COVID-19 infection has unfolded to 180+ nations around the world with the World Health Organization saying it is a general well-being crisis. The worldwide effects of the Covid infection 2019 (COVID-19) square measure currently beginning to be felt, and may primarily influence the market in 2020
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