Industrial Welding Robots Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025

  • Published: Dec 2020
  • Pages: 120
  • SKU: IRTNTR46545
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The industrial welding robots market size has the potential to grow by USD 2.30 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.11%. 

This report provides a detailed analysis of the market by product (spot welding robots, arc welding robots, and laser welding robots), end-user (automotive, electrical and electronics, heavy machinery, and others), geography (APAC, Europe, MEA, North America, and South America), and key vendors. 

Market Overview

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • 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.
  • Yaskawa Electric Corp.

 

The industrial welding robots market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as the growing need for automated welding processes and advances in welding robots to achieve growth opportunities. However, factors such as operational challenges associated with welding robots will impede the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the industrial welding robots market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

This industrial welding robots market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities. 

Industrial Welding Robots Market: Key Drivers and Trends

  • The growing need for automated welding processes and advances in welding robots is identified as a major factor driving industrial welding robots market growth.
  • Industrial manufacturers are increasingly adopting automation in welding processes to improve welding process efficiency, increase productivity, enhance welding quality, and reduce scrap.
  • Manufacturers also gain advantages over their competitors by using welding robots in their manufacturing processes. Robots can produce high-quality welds consistently at high speeds.
  • The production, planning, and implementation of these robots can also be optimized by virtual testing of the robot’s programming.
  • The emergence of collaborative arc welding robots will be one of the critical industrial welding robots market trends.
  • The demand for industrial welding robots is set to increase with advancements in welding guns and software and the increasing potential of robots to weld quality steel, aluminum, and other metal sheets.
  • The demand for precise welding is also increasing in the electronics industry to eliminate distortion and discoloration while miniaturizing electronic components.
  • With the introduction of cobots (collaborative robots) for welding applications, the demand for welding robots will grow further.

 

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Industrial Welding Robots Market: Segmentation by Geography

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62% of the market’s growth will originate from APAC 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. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Industrial Welding Robots Market: Segmentation by Product

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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. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial welding robots market size. Fetch actionable market insights on post COVID-19 impact on each segment.   

 

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Industrial Welding Robots Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive industrial welding robots market growth during the next five years
  • Precise estimation of the industrial welding robots market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the industrial welding robots industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of industrial welding robots market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces analysis
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Spot welding robots - Market size and forecast 2020-2025
    • Arc welding robots - Market size and forecast 2020-2025
    • Laser welding robots - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by End-user

    • Market segments
    • Comparison by End user
    • Automotive - Market size and forecast 2020-2025
    • Electrical and electronics - Market size and forecast 2020-2025
    • Heavy machinery - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by End user

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Competitive scenario
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • 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.
      • Yaskawa Electric Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The industrial welding robots market growth will increase by $2304.65 million during 2020-2025.
      The industrial welding robots market is expected to grow at a CAGR of 6.11% during 2020-2025.
      Technavio has segmented the industrial welding robots market by product (Spot welding robots, Arc welding robots, and Laser welding robots) ,end user (Automotive, Electrical and electronics, Heavy machinery, and Others) , and geographic (APAC, Europe, North America, South America, and MEA).
      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., Yaskawa Electric Corp. are a few of the key vendors in the industrial welding robots market.
      APAC will register the highest growth rate of 61.59% among the other regions. Therefore, the industrial welding robots market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • China
      • US
      • Japan
      • Germany
      • South Korea (Republic of Korea)
      The key factors driving the industrial welding robots market growth are:
      • Growing popularity of industrial robots in APAC
      The industrial welding robots market vendors should focus on grabbing business opportunities from the spot welding robots segment as it accounted for the largest market share in the base year.
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