Metal Forming And Press Tending Robots Market | Discover Top Segments, Trends, Drivers and Challenges
Market Segments and Growth Analysis 2021-2025

The metal forming and press tending robots market is expected to grow by $ 112.73 mn, accelerating at a CAGR of almost 8.18% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

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Metal Forming And Press Tending Robots Market: Leading Segments and Growth Analysis

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• The report segments the market by End-user (metal industry, automotive industry, aerospace and defense, and others) and Geography (APAC, Europe, North America, South America, and MEA). Each market segment is analyzed for past performance leading to future growth projections based on current market scenario.
• 63% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Metal Forming And Press Tending Robots Market size.

Metal Forming And Press Tending Robots Market: Trends, Drivers, Challenges to impact growth

The research report looks at the impact of various trends, drivers, and challenges for market growth during the forecast period. These insights will enable clients to design a growth strategy for their business and area of operations.

• Advantages over automated equipment will be a significant factor in driving the growth of the Metal Forming And Press Tending Robots Market.
• Increasing safety requirements will be instrumental in driving the market growth during the forecast period.
• High cost of deployment is a hurdle that needs to be crossed on the path to success.

Metal Forming And Press Tending 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., Comau Spa, DENSO Corp., Durr AG, FANUC Corp., Kawasaki Heavy Industries Ltd., KUKA AG, MIDEA GROUP, Mitsubishi Electric Corp., and Yaskawa Electric Corp. are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of over 8.18%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 112.73 mn through 2021-2025.
    
3. What is a key factor driving this market?
   Advantages over automated equipment will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   63% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are ABB Ltd., Comau Spa, DENSO Corp., Durr AG, FANUC Corp., Kawasaki Heavy Industries Ltd., KUKA AG, MIDEA GROUP, Mitsubishi Electric Corp., and Yaskawa Electric Corp.
    
7. What are the market segments covered in this report?
   The market is segmented by End-user (metal industry, automotive industry, aerospace and defense, and others) and Geography (APAC, Europe, North America, South America, and MEA)

Metal Forming And Press Tending Robots Market Size to Grow by $ 57.04 Million through 2020-2024  

Technavio research projects the metal forming and press tending robots market to grow by $ 57.04 million, accelerating at a CAGR of over 4% 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

Metal Forming and Press Tending Robots Market: Advantages Over Automated Equipment to Drive Growth

One of the primary factors that will trigger the growth of the Metal Forming and Press Tending Robots Market size is the rising adoption of robots for material handling processes as they are easy to synchronize with the industrial stamping press. Conventional automated equipment fails to handle metal and alloys that are challenging to deform by denting, perforation, and shearing and have high tensile strength. This is encouraging vendors to introduce robots with better ability to handle these metals, work under demanding conditions, and give better results in comparison to automated equipment. 

Several key vendors are increasingly offering software solutions to improve the commissioning and programming of industrial robots and the efficiency of press tending robots. For instance, vendors inducing Yaskawa offers Advanced PP Customization SDK and ABB offers StampWare, StampSynchro, and StampMaster. Such improvements in robotic system integration services have been identified as one of the key metal forming and press tending robots market trends, which is likely to gain traction during the forecast period.

Metal Forming And Press Tending 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., Durr AG, FANUC Corp., Fiat Chrysler Automobiles NV, Kawasaki Heavy Industries Ltd., KUKA AG, Midea Group Co. Ltd., Mitsubishi Electric Corp., 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