05-Oct-2020 | Zion Market Research
The global market for robotic welding was capitalized at USD 4.9 billion in 2019 and is predicted to develop at a 9.5% CAGR to cross USD 6.3 billion by 2025, as per Zion Market Research. The global market for robotic welding ecosystem includes equipment makers such as Kuka, Yaskawa, Fanuc, ABB, Panasonic, and Kawasaki. It also comprises end-user sectors such as electronics & electricals, transportation & automation, machinery & metals, and defense & aerospace.
Spot Welding Category By Type Predicted To Have The Biggest Share Of The Global Market For Robotic Welding In The Years To Come
The spot welding category by application is predicted to be the biggest market for robotic welding in 2025. Spot welding robots are extreme-payload robots, which are costly and are used widely in different end-user sectors. Primary end-user sectors comprise transportation & automotive, which adds up for almost 50% of the market share. Rising vehicle requirement in emerging nations such as India, China, and Brazil might add to the development of the spot welding market. Rising aim on accepting EVs might also act as a boosting factor for the global market.
The >150 Kg Category By Payload Predicted To Have The Biggest Share Of The Global Market In The Years To Come
Welding robots that have over 150 kg of payload are predicted to command the global market owing to their usage in transportation & automotive and other sectors. These robots are high in requirement owing to the rising requirement for cars.
Asia Pacific Projected To Be The Quickest-Developing Robotic Welding Market In The Years To Come
The global market for robotic welding has been divided on the basis of region into 4 areas, namely, Asia Pacific, Europe, North America, and Rest of the World. Asia Pacific is anticipated to be the fastest and the largest developing market, by region, in the years to come. Rising acceptance of automation by developing nations might power the development of the market in the area. Major nations boosting the Asia Pacific market are India, China, and Taiwan. RoW is predicted to be the next quickest developing market for robotic welding.
Browse the full “Robotic Welding Market By Type (Arc Welding and Spot Welding), By Payload (Middleware Provider, Infrastructure and Protocols Provider, and Application and Solution Provider), By End-user (Automotive & Transportation, Metal & Machinery, Electricals & Electronics, and Aerospace & Defence): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/robotic-welding-market
The global robotic welding market is segmented as follows:
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