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The spot welding robots market size is expected to grow by USD 79.40 million and record a CAGR of 0.46% during 2020-2024.
This post-pandemic spot welding robots market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this spot welding robots market analysis report, key drivers such as high operational efficiency of spot welding robots have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as the low adoption of robots among SMEs, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.
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The spot welding robots market forecast report provides insights on complete key vendor profiles and their business strategies to re/image themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:
The spot welding robots market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
This spot welding robots market report further entails segmentations by end-user (automotive, electronics and semiconductor, metal fabrication, aerospace, and others), solution (hardware, software, and services), and geography (APAC, Europe, North America, South America, and MEA). View our sample report to gather market insights on the segmentations.
To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.
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The report offers an up-to-date analysis of the geographical composition of the market. APAC will record a fast growth rate during 2020-2024, owing to which the region should offer several growth opportunities to market vendors. The increasing adoption of multi-robot cells will significantly influence spot welding robots market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
42% 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 spot welding robots in the region. This report provides estimations of the contribution of all regions to the growth of the spot welding robots market size.
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Spot Welding Robots Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2019 |
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Forecast period |
2020-2024 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 1% |
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Market growth 2020-2024 |
$ 79.40 million |
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Market structure |
Fragmented |
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YoY growth (%) |
-6.12 |
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Regional analysis |
APAC, Europe, North America, South America, and MEA |
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Performing market contribution |
APAC at 42% |
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Key consumer countries |
China, US, Japan, Germany, and South Korea (Republic of Korea) |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
ABB Ltd., Comau Spa, DAIHEN Corp., FANUC Corp., Fiat Chrysler Automobiles NV, Kawasaki Heavy Industries Ltd., Midea Group Co. Ltd., NACHI-FUJIKOSHI Corp., The Lincoln Electric Co., and Yaskawa Electric Corp. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Solution
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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