Global Industrial Robots Power Supply Systems Market 2017-2021

Overview of the global industrial robots power supply systems market

Research analysis on the global industrial robots power supply systems market identifies that adoption of inverter power sources for welding applications will be one of the major factors that will have a positive impact on the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of nearly 10% by 2021. To enhance the efficiency of industrial robots for welding applications, end-users are preferring inverter power sources as indispensable options since they can be seamlessly integrated with industrial robots. Vendors in the industrial robots power supply systems market have introduced inverter power sources that enable efficiency in applications such as pulsed MIG welding, TIG welding, and plasma welding. Additionally, they are also incorporating interconnected and fully synchronized components for welding applications using industrial robots. With the growing popularity, more players will focus on strengthening their market positions by incorporating innovative features in their offerings.

The increasing utilization of welding robots in the automotive industries is one of the latest trends that will gain traction in the industrial robots power supply systems market. The automotive industry is a major user of welding robots and in the coming years, the industry will increasingly adopt spot and arc welding robots especially for applications on chassis structures that require high-stress capacities. This will in turn, influence the need for inverter power systems, fueling market growth.

Competitive landscape and key vendors  

The industrial robots power supply systems market consists of many established international vendors that mainly deal with industrial robots. Vendor competition in the robot power sources market is based on factors such as product features, price, customized solutions, and offered services. The market also consists of players who invest heavily in R&D activities to introduce innovative products.

The leading vendors in the market are -

• ESAB

• Fronius International

• Lincoln Electric

• Panasonic

• Yaskawa Motoman

The other prominent vendors in the market are Vertivco, Lucas-Nülle, OTC Daihen, Artesyn, KUKA, and StorTronics.

Segmentation by product and analysis of the industrial robots power supply systems market

• Inverter power sources

• Batteries and accessories

During 2016, the inverter power sources segment accounted for the major shares of the robot power sources market. Advantages such as the increased power efficiency and the availablity of improved control technologies, will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the industrial robots power supply systems market

• Americas

• APAC

• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the robot power sources market throughout the forecast period. The rise in robot technologies and automation techniques and the presence of large production facilities, will drive the growth of the market in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?

• What are the key factors driving the global industrial robots power supply systems market?

• What are the key market trends impacting the growth of the global industrial robots power supply systems market?

• What are the challenges to market growth?

• Who are the key vendors in the global industrial robots power supply systems market?

• What are the market opportunities and threats faced by the vendors in the global industrial robots power supply systems market?

• Trending factors influencing the market shares of the Americas, APAC, and EMEA.

• What are the key outcomes of the five forces analysis of the global industrial robots power supply systems market?

Technavio also offers customization on reports based on specific client requirement.

The upcoming report on the global industrial robots power supply systems market offers deep insights into the major segment of the industrial automation industry like robotics. The increase in investments for automation across industries and the growing demand from SMEs in developing industries are driving the growth of global industrial robots power supply systems market.

Our market research experts follow an in-depth market research approach of qualitative and quantitative data collection techniques and assess the market landscape in terms of market segmentation, market share, industry analysis, and market growth to offer a holistic overview of the market for the estimated period of 2017-2021.

By implementing an extensive research approach of quantitative and qualitative data collection methods, the upcoming market research report on the global industrial robots power supply systems market offers insights into the key market drivers, trends, and challenges that may influence the growth of this market. Furthermore, to help the client identify the market opportunities we cover vendors like Artesyn, KUKA, StroTronics, and Pro-Face America.

This market research report on the global industrial robots power supply systems market also takes into account the growth of related markets like mechanical actuators, which is expected to post an impressive CAGR of more than 2% by 2021. The upcoming industry report on the global industrial robots power supply systems market also offers insights into fast-growing segments within the industrial automation industry, including sectors like automation. Additionally, the report also presents insights into the changing competitive landscape and gives clients a realistic picture of the future direction of the industry.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.