The global demand for Arc Welding Robots Market is presumed to reach the market size of nearly USD 6.29 BN by 2028 from USD 4.62 BN in 2021 with a CAGR of 4.5% under the study period 2022 - 2028.
An arc welding robot employs a device that applies intense heat to metal at the junction, allowing the metal to melt and fuse. These are automated machines that are deployed in the manufacturing industry. Arc welding robots have many advantages. They offer higher productivity, accuracy, flexibility, elimination of several dangers encountered by welders, higher quality, lower production costs, and less weld deformity.
Arc-wielding robot adoption is rising in many nations due to the development of new emergent sectors. Arc welding robots are becoming increasingly popular, especially among major market participants in the manufacturing industry. Arc welding robots provide several benefits, and it is expected that as new models and technologies are developed, the market will grow. However, since this technology requires a professional to operate, a restriction arises from the shortage of competent workers with equipment expertise. The manufacturing industry is becoming more modernized, driving up labour expenses. High labour costs, installation, maintenance, and operating costs are potential obstacles the sector may have to deal with in the coming years.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of arc welding robots. The growth and trends of arc welding robots industry provide a holistic approach to this study.
This section of the arc welding robots market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Non-Consumable Electrode Type
- Consumable Electrode Type
- Automotive And Transportation
- Electrical And Electronics
- Aerospace And Defense
- Metals And Machinery
By Sales Channel
- Direct Channel
- Distribution Channel
This section covers the regional outlook, which accentuates current and future demand for the Arc Welding Robots market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Arc Welding Robots Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the arc welding robots market include Magna, Aptiv, Borg-Warner, Bosch, Continental, ZF Friedrichshafen, Knorr-Bremse, Marelli, Denso, Aisin, Hitachi Automotive Systems, Schaeffler. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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