Industrial Welding Robots Market Size to grow by USD 2.30 Bn from 2021 to 2025 |17000+ Technavio Reports
NEW YORK, Oct. 14, 2021
NEW YORK, Oct. 14, 2021 /PRNewswire/ -- The industrial welding robots market size is expected to grow by USD 2.30 billion from 2021 to 2025, registering a CAGR of 6%, according to the latest research report by Technavio.
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The industrial welding robots market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size. The report identifies the growing popularity of industrial robots in APAC as one of the major factors driving the growth of the market. Also, the stringent regulatory framework to ensure the safety of the workforce will be crucial in fueling the growth of the market over the forecast period.
The Industrial Welding Robots Market is segmented by Product (Spot, Arc, and Laser), End-user (Automotive, Electrical and electronics, Heavy machinery, and Others), and Geography (APAC, Europe, North America, South America, and MEA). This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The industrial welding robots market covers the following areas:
- Industrial Welding Robots Market Sizing
- Industrial Welding Robots Market Forecast
- Industrial Welding Robots Market Analysis
- 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.
Laser Welding Machine Market -The laser welding machine market size is expected to grow by USD 373.97 million and record a CAGR of 4.73% during 2021-2025. Download a free sample report now!
Friction Welding Machine Market -The friction welding machine market size is expected to grow by USD 250.51 million and record a CAGR of 1.93% during 2021-2025. Download a free sample report now!
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Industrial Welding Robots Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 6%
Market growth 2021-2025
USD 2.30 billion
YoY growth (%)
APAC, Europe, North America, South America, and MEA
Performing market contribution
APAC at 62%
Key consumer countries
China, US, Japan, Germany, and South Korea (Republic of Korea)
Leading companies, competitive strategies, consumer engagement scope
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., and Yaskawa Electric Corp.
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 the forecast period
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