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Robotic Welding Market by Type, End-User, Payload And Region - Global Forecast to 2023

Robotic Welding Market: Global Forecast until 2023

  • July 2018
  • 116 pages
  • ID: 5474771
In this report:
The >## kg segment is expected to be the largest market for robotic welding; it is estimated to be valued at USD ##,##.## million in 2018 and projected to grow at a CAGR of ##.##% to reach USD ##,##.## million by 2023.
Robot sales in Japan increased by ##% to about ##,## units in 2016 - reaching the highest level in the last ten years.

Summary

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The robotic welding market is estimated to rise at a compound annual growth rate of ~8.9 percent, from 2018 to 2023.

The drilling tool market is estimated to grow ~$6.0B by 2023, at a compound annual growth rate (CAGR) of ~8.9 percent, from 2018 to 2023. Growing implementation of Industry 4.0 revolution and rising need for scalability in manufacturing units in developing economies to meet increasing demand for several products. High initial investment for small manufacturing units acts as business restraints for the sector.

The automotive and transportation segment of the robotic welding market, by the end user is anticipated to rise at the highest CAGR (Compound annual growth rate) from 2018 to 2023.

Automotive and transportation sector is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period, the increase of this segment is contributed through growing vehicle demand in emerging economies and rising adoption of electric vehicles overall the world.

Asia-Pac (APAC): The most important robotic welding market.

APAC is estimated to dominate the overall robotic welding market during the forecast period due to the growth automation in China (CN).The area is the biggest market in Asia-Pac and is focused on adopting welding robots in all possible sectors.

The area has launched "Made in China 2025" which will drive the rise of welding robots in the area.Other main sectors in Asia Pacific (APAC) are Japan (JP), South Korea (KR), Taiwan, India (IN), and Thailand (TH).

Japan (JP) and Taiwan are known for their electricals and electronics products.

Breakdown of Primaries

Comprehensive interviews have been managed with several key industry participants, subject-matter experts, C-suite executives of key industry players, and industry consultants, among other experts, to verify and obtain critical qualitative and quantitative info, as well as to evaluate future industry prospects. The classification of primaries interviews is like:

• By Company category: Tier 1 40.0 percent, Tier 2 25.0 percent, Tier 3 35.0 percent

• By Description: C-Level- 25.0 percent, Manager Level- 30.0 percent, Others- 45.0 percent

• By Area: North America (NA)- 35.0 percent, EU- 30.0 percent, Asia Pacific- 25.0 percent, and Rest of the World- 10.0 percent

Note: The tiers of the firms have been defined on the basis of their final revenue; as of 2016: Tier 1 = >USD 1 billion, Tier 2 = $500.0M to $1.0B, and Tier 3 =

The key players in the robotic welding market contain Yaskawa, Kuka, Fanuc, ABB, and Panasonic.

Segment Research

The industry report offers a picture of the robotic welding market across the automotive & transportation segment and different areas.It aims at evaluating the market value and future increase potential of the market across distinct segments including type, end-user, payload, and area.

Moreover, the study includes a detailed competitive analysis of the top players in the industry together with their company descriptions, latest developments, and key industries strategies.

For the purpose of this report, the market has been split on the basis of type, end-user, payload, and area, with a focus on industry study, market ranking review of the top actors, and company descriptions, which together comprise the basic overviews on the competitive landscape, coming out and high-growth segments of the robotic welding market, high-growth areas, and sector drivers, industry restraints, and alternatives.

This study furnishes highlights on the following points:

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis and growth activities, and recent product launches in the robotic welding market

• Market Development: Highlighted information about the profitable emerging sectors; the market research examines the industries for robotic welding across localities

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall robotic welding market

Why acquire this industry report?

• The report determines and addresses top solution operators for robotic welding, which would help solution providers review the rise in the industry demand for services.

• The report benefits solution providers distinguish the pulse of the sector and offers business insights into drivers, market restraints, and opportunities.

• The report will facilitate top players comprehend the strategies of their competitors better, and will benefit in making tactical conclusions.

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