DUBLIN--(BUSINESS WIRE)--The "Robotic Welding Market by Type (Arc Spot), End-User (Automotive & Transportation, Electricals & Electronics, Aerospace & Defense, Metals & Machinery), Payload (<50 kg, 50-150 kg, and >150 kg), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global robotic welding market was valued at USD 3.59 billion in 2017 and is expected to grow at a CAGR of 8.91% from 2018 to 2023.
Increasing implementation of Industry 4.0 revolution and increasing need for scalability in manufacturing units in developing economies to meet growing demand for various products. High initial investment for small manufacturing units acts as restraints for the market.
Automotive and transportation industry is expected to grow at the highest CAGR during the forecast period, the growth of this segment is contributed through increasing vehicle demand in emerging economies and increasing adoption of electric vehicles throughout the globe.
Asia Pacific is projected to dominate the global robotic welding market during the forecast period due to the increase automation in China. The country is the largest market in Asia Pacific and is focused on adopting welding robots in all possible industries. The country has launched "Made in China 2025" which will drive the growth of welding robots in the country. Other key markets in Asia Pacific are Japan, South Korea, Taiwan, India, and Thailand. Japan and Taiwan are known for their electricals and electronics products.
The leading players in the robotic welding market include Yaskawa (Japan), Kuka (Germany), Fanuc (Japan), ABB (Switzerland), and Panasonic (Japan).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Robotic Welding Market, By Payload
7 Robotic Welding Market, By Type
8 Robotic Welding, By End User
9 Robotic Welding Market, By Region
10 Competitive Landscape
11 Company Profiles
- Carl Cloos Schweisstechnik Gmbh
- Comau S.P.A.
- Daihen Corporation
- Denso Corporation
- Fanuc Corporation
- IGM Robotic Systems, Inc.
- Kawasaki Heavy Industries, Ltd.
- Nachi-Fujikoshi Corp.
- Panasonic Corporation
- Yaskawa Electric Corporation
For more information about this report visit https://www.researchandmarkets.com/research/88fnq8/robotic_welding?w=4