Authored By: Sarah
19 Jan 2021

Industrial Welding Robots Market Size to Grow by $ 2.30 bn through 2021-2025  

Technavio research projects the industrial welding robots market to grow by $ 2.30 bn, accelerating at a CAGR of over 6% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Industrial Welding Robots Market: Key Market Driver

One of the primary factors that will trigger the growth of the industrial welding robots market size is Growing popularity of industrial robots in APAC. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Industrial Welding Robots Market Size to Grow by Over $ 2.3 Billion in 2021-2025 | Segment Growth Analysis and Forecasts

Industrial Welding Robots Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ABB Ltd., DENSO Corp., FANUC Corp., General Electric Co., Kawasaki Heavy Industries Ltd., Midea Group Co. Ltd., Mitsubishi Electric Corp., Panasonic Corp., The Lincoln Electric Co., and Yaskawa Electric Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

Technavio has been monitoring the global industrial welding robots market and it is expected to grow by USD 2.30 billion accelerating at a CAGR of over 6% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report

Industrial Welding Robots Market Size to Grow by Over $ 2.3 Billion in 2021-2025 | Segment Growth Analysis and Forecasts

Industrial Welding Robots Market: Segmentation by Product

During 2019, the spot welding segment accounted for the major share of the Industrial Welding Robots Market. Spot welding is a major process in the manufacturing facilities across end-users. Industry players are adopting spot welding robots to increase their productivity and achieve operational efficiency. The spot welding robots segment will witness steady growth during the forecast period owing to the growing use of spot welding robots in the automotive, electronics, and heavy machinery industries. 

Industrial Welding Robots Market: Segmentation by Geography

APAC was the largest Industrial Welding Robots Market market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for industrial welding robots in APAC. Market growth in this region will be faster than the growth of the market in other regions. The increasing investments in the automotive industry is one of the prime factors that will facilitate the industrial welding robots market growth in APAC over the forecast period

Industrial Welding Robots Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ABB Ltd., DENSO Corp. and FANUC Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

 

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