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[120+ Pages Report] The global robotic welding market size was USD 5.42 billion in 2020. The market is projected to grow from USD 5.80 billion in 2021 to USD 9.76 billion in 2028 at a CAGR of 7.7% during the 2021-2028 period. TheRobotic Welding Market worldwideindustry report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research and development, new product launches, and product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Robotic Welding Market by region.
Report Details:
- Forecast Value: USD 9.76 billionin 2028
- CAGR: (2021-2028) 7.7%
- Base Year: 2020
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What Information does this report contain?
- Historical data coverage: 2018-2020;Growth Projections: 2021-2028.
- Expert analysis:Industry, governing, innovation, and technological trends; factors impacting development; drawbacks, SWOT.
- 6-7 year performance forecastsMajor segments covering applications, top products, and geographies.
- Competitive landscape reporting:Robotic Welding Marketleaders and important players, competencies, and capacities of these companies in terms of production as well as sustainability and prospects.
Available Customizations
With the given market data, Fortune Business Insights offers customizations as per the company’s specific requirements. The following customization options are available for the report:
Product Analysis
- Product matrix provides detailed product information and comparison
Geographic Analysis
- Further breakdown of the North AmericanRobotic Welding Market
- Further breakdown of the European market
- Further breakdown of the APAC market
- Further breakdown of the MEA market
- Further breakdown of the Latin American market
Company Information
- Detailed analysis and profiling of additional market players
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Who are the Major Robotic Welding Market Vendors?
- FANUC Corporation (Japan)
- Kuka AG (Germany)
- Kemppi Oy (Finland)
- Yaskawa America (United States)
- ABB (Switzerland)
- Panasonic Corporation (Japan)
- OTC DAIHEN Inc. (U.S.)
- DENSO CORPORATION (Japan)
- Kawasaki Heavy Industries, Ltd. (Japan)
- The Lincoln Electric Company (U.S.)
- Miller Electric Mfg. LLC (U.S.)
- IGM ROBOTERSYSTEME AG (Austria)
- Abhisha Technocrats Pvt. Ltd. (Maharashtra, India)
- Acieta LLC (U.S.)
- EWM AG (Mündersbach, Germany)
- Carl Cloos Schweisstechnik GmbH (Haiger, Germany)
- SIASUN CO., LTD. (China)
- SMENCO (Australia)
Driving Factor:
Increased Adoption of Automated Welding Equipment to Boost Market Growth
Several industries are rapidly utilizing automated systems to meet deadlines and boost production capacity. The incorporation of automation reduces time consumption and improves accuracy. The incorporation of robotics improves precision and reduces hiccups caused by manual labor. It improves speed and enables manufacturers to meet their deadlines. Robotic welding equipment improves productivity and enhances the quality of products. The emergence of several industries and the adoption of automation are likely to fuel demand. Further, the incorporation of artificial intelligence and machine learning is expected to improve operational efficiency. These factors are likely to drive the robotic welding market growth.
However, high investment costs and safety concerns are likely to hinder market progress.
Secondary Research:
This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global portable generator market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
Primary Research:
Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.
Estimation of Market Size
The total size of the Robotic Welding Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:
Extensive secondary research was used to identify the industry’s key players.
The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.
Frequently Asked Questions?
- What is the Robotic Welding Market size?
- What is the CAGR for Robotic Welding Market worldwide industry?
- What are the segments covered in the Robotic Welding Market report?
- Who are the key players in the Robotic Welding Market?
- Which region is more attractive for vendors in the Robotic Welding Market?
- What are the key markets for higher education?
- What are the key factors driving the growth of Robotic Welding Market worldwide industry?
- Which segment has the largest share in the Robotic Welding Market?
Moreover, Introduction
1.1. Moreover, Research Scope
1.2. Moreover, Market Segmentation
1.3. Moreover, Research Methodology
1.4. Moreover, Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Moreover, Market Drivers
3.2. Moreover, Market Restraints
3.3. Moreover, Market Opportunities
4. Moreover, Key Insights
4.1. Key Industry Developments Moreover, Merger, Acquisitions, and Partnerships
4.2. Porter’s Five Forces Moreover, Analysis
4.3. Moreover, SWOT Analysis
4.4. Moreover, Technological Developments
4.5. Moreover, Value Chain Analysis
4.6. Moreover, Impact of COVID-19 on Market
5. Key Findings / Moreover, Summary
5.1 North America Sales, Revenue and Market Share by Country
5.1.1 North America Sales and Robotic Welding Market Share by Country (2021-2028)
5.1.2 North America Revenue and Market Share by Country (2021-2028)
5.2 United States Sales and Growth Rate (2021-2028)
5.3 Canada Sales and Growth Rate (2021-2028)
5.4 Mexico Sales and Growth Rate (2021-2028)
8 South America by Country
8.1 South America Sales, Revenue and Robotic Welding Market Share by Country
8.1.1 South America Sales and Market Share by Country (2021-2028)
8.1.2 South America Revenue and Market Share by Country (2021-2028)
8.2 Brazil Sales and Growth Rate (2021-2028)
8.3 Argentina Sales and Growth Rate (2021-2028)
8.4 Colombia Sales and Growth Rate (2021-2028)
9 Middle East and Africa by Countries
9.1 Moreover, Middle East and Africa Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Sales and Market Share by Country (2021-2028)
9.1.2 Moreover, Middle East and Africa Revenue and Market Share by Country (2021-2028)
9.2 Saudi Arabia Sales and Growth Rate (2021-2028)
9.3 Moreover, Turkey Sales and Growth Rate (2021-2028)
9.4 Egypt Sales and Growth Rate (2021-2028)
9.5 Moreover, Nigeria Sales and Growth Rate (2021-2028)
10 Robotic Welding Market in Developing Countries
Continued…
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