Robotic welding automates the welding process by utilising robots that execute and supervise the welding process based on software that may be customised to match the needs of the project. Welders continue to supervise and control robotic welding, a more advanced type of mechanised welding in which machinery executes the welding. Robotic technology allows for more precise and efficient results, as well as less waste and increased safety. Robots can access previously inaccessible regions and perform more complicated and precise weld patterns and joins in less time than manual welding. This increases versatility and frees up time for manufacturing.

Robotic Welding Market Scope:

This market report discusses new recent developments, trade regulations, import-export analysis, production analysis, value chain optimisation, market share, the impact of domestic and localised market players, emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, and geographic expansion. Please contact Stellar Market Research for an Analyst Brief for more information on the Robotic Welding market; our specialists will aid you in making an informed market choice to achieve market growth.

Robotic Welding Market Overview: 

The Robotic Welding Market competitive landscape extracts information from a competitor. The facts include a corporate overview, financials, revenue generated, market potential, investment in research and development, new market initiatives, geographical presence, firm strengths and weaknesses, product introduction, product width and breadth, and application dominance. The preceding data points are only relevant to the firms' concentrate on the Robotic Welding  market.

Robotic Welding Market size was valued at US$ 11.4 Billion in 2020 and the total Robotic Welding revenue is expected to grow at 7.7% through 2021 to 2027, reaching nearly US$ 19.16 Billion.

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Robotic Welding Market Segmentation: 

The arc welding segment of the robotic welding market is estimated to develop at a CAGR of 4.6% during the forecast period. Arc welding robots require less maintenance and take up less space. They improve welding precision while lowering labour costs. Furthermore, high-payload arc welding robots are generally used in load-bearing applications in the automotive and transportation, engineering, metallurgy, and machinery industries.

In 2020, the payload segment greater than 150 kg represented the biggest proportion of the robotic welding market. During the projection period, it is expected to grow at a CAGR of 5.6%. This category's rise can be attributed to rising demand for high-payload arc and spot welding robots in the automotive and transportation, metallurgy and machinery, and architecture industries. Due to the deployment of welding robots with weights greater than 150 kg for welding large panels in the aerospace and automobile industries, these industries are the primary end-users of welding robots with payloads greater than 150 kg. Furthermore, rising vehicle demand is propelling the higher-than-150kg payload segment of the robotic welding market forward.

The automotive and transportation end-user segments dominated the robotic welding market in 2020. During the projection period, it is expected to grow at a CAGR of 6.6%. Rising global automobile demand is a primary factor driving this segment's expansion. Furthermore, heightened human safety concerns in car assembly factories are increasing demand for small, medium, and high-payload welding robots.

Key Players: 

FANUC Corporation (Japan)
YASKAWA Electric Corporation (Japan)
KUKA AG (Germany)
ABB (Switzerland)
Kawasaki Heavy Industries, Ltd. (Japan)
Panasonic Corporation (Japan)
DAIHEN Corporation (Japan)
NACHI-FUJIKOSHI CORP. (Japan)
Comau S.p.A. (Italy)
Hyundai Robotics (South Korea)
Denso Corporation (Japan)
Siasun Robot & Automation Co Ltd (China)

Regional Analysis:

Individual market influencing aspects and changes in legislation in the market that effect existing and future market trends are also included in the regional component of the research. Data points such as downstream and upstream value chain analysis, technology trends, porter's five forces analysis, and case studies are only a few of the indicators used to forecast the market scenario for various countries.

COVID-19 Market Impact Analysis:

The research also addresses the impact of COVID-19 on the Robotic Welding market.The fundamental purpose of this study is to help the user understand the market in terms of definition, segmentation, market potential, significant trends, and industry challenges across 10 key regions. The study provides a micro and macroeconomic analysis of the total impact of COVID-19 on the Robotic Welding   Market. The detailed report focuses on market share and size, which clearly demonstrates the influence that the pandemic has had and will have on the worldwide Health Insurance Market in the next few years.

Key Questions Answered in the Robotic Welding Market Report are: 

• What will be the CAGR of the Robotic Welding  market during the forecast period (2021-2027)?
• Which segment emerged as the leading segment in the Robotic Welding market?
• Which are the prominent players in the Robotic Welding market?
• What key trends are likely to emerge in the Robotic Welding  market in the forecast period?
• What will be the Robotic Welding market size by 2027?
• Which company held the largest share in the Robotic Welding market in 2020?

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About Stellar Market Research

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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