Posted in | News | Industrial Robotics

Factbook Analyses Current Trends in Global Welding Robotics Market

This research service is a detailed factbook that analyses the current trends in the global welding robotics market. Market estimates in terms of revenue and unit shipment for each end user in each geography and product segment are provided.

In addition, revenue and unit shipment forecasts for the same have been provided upto 2020. An analysis of market share and competitive structure is also included.

Executive Summary

  • Increasing awareness levels have boosted the adoption of welding robots in non-automotive industries as well as in industries in developing regions, such as Russia, India and China.
  • The highest growth is expected in the Asia-Pacific market. However, strong demand from industries in Europe will also drive the demand for arc and resistance welding robots.
  • While resistance accounts for the largest share in the automotive and transportation industry, the other industries are inclined towards arc welding robots.
  • Rapid industrialisation in Latin American countries, along with the increasing number of manufacturing facilities in the region, is expected to boost demand for welding robots.
  • Demand from the automotive and transportation industry will continue to be strong; however, the electronics and heavy machinery and construction industries will contribute to this growth.
  • The need for modernisation in the competitive global market is the key driver for the adoption of welding robots. This is closely followed by energy efficiency requirements and the need to decrease product life cycle and improve quality.
  • The introduction of new materials, such as composites and carbon fibres, presents an opportunity for robots in the handling, cutting or welding of these materials and increases their contribution to green initiatives.

Read the full report: http://www.reportlinker.com/p02403761-summary/view-report.html

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.