Arc Welding Robots Market Value Worth USD 624.13 million during 2021-2025 | Technavio
NEW YORK, June 21, 2021 /PRNewswire/ --
The arc welding robots market is set to grow by USD 624.13 million, progressing at a CAGR of over 4% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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Read the 120-page report with TOC on "Arc Welding Robots Market Analysis Report by Product (Consumable method and non-consumable method) and Geography (APAC, Europe, North America, South America, and MEA), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions.
The arc welding robots' market is driven by the high accuracy, efficiency, and repeatability of arc welding robots. In addition, robot adoption in the aerospace industry is anticipated to boost the growth of the Arc Welding Robots Market.
High efficiency in welding operation is the primary concern for the vendors to attain high throughput. Compared to the traditional methods, the arc welding robots offer consistent and high-quality welds with high speed. Robotic arc welding minimizes the requirement of technical welding operators. It also offers efficient cost control with predictable weld times. Simulation of the robot's programming has further enhanced the applicability of arc welding robots reliably. In addition, further technical developments are expected from the industry players to enhance the capability of arc welding robots. These factors will drive the demand for the arc welding robots market during the forecast period.
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Major Five Arc Welding Robots Companies:
ABB Ltd.
ABB Ltd. offers welding robots under the brand name IRB 1410.
Comau Spa
Comau Spa offers welding robots under the brand name Arc4-5-1.95.
FANUC Corp.
FANUC Corp. offers welding robots under the brand names ARC Mate 100iD/10L, ARC Mate 50iD, and other welding robots.
MIDEA GROUP
MIDEA GROUP offers welding robots under the brand name Kuka.
NACHI-FUJIKOSHI Corp.
NACHI-FUJIKOSHI Corp. offers welding robots under the brand names NB04/04L and NV06/06L.
Arc Welding Robots Market Product Outlook (Revenue, USD million, 2020-2025)
- Consumable method - size and forecast 2020-2025
- Non-consumable method - size and forecast 2020-2025
Arc Welding Robots Market Geography Outlook (Revenue, USD million, 2020-2025)
- APAC - size and forecast 2020-2025
- Europe - size and forecast 2020-2025
- North America - size and forecast 2020-2025
- South America - size and forecast 2020-2025
- MEA - size and forecast 2020-2025
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