The global demand for Metal Fabrication Robots Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Metal fabrication is a process of producing metal components using several applications such as bending, cutting, welding, forming, burning, machining and assembling. The growing use of welding robots in the electrical & electronics, automotive, industries and introduction of innovative materials like carbon composites and also fibers in the industrial processes, is expected to drive the metal fabrication robots during the forecast period. These robots have advantages such as a high precision rate and reduce the failure rate and increase the effectiveness of the production process. Furthermore, to guarantee the quality with optimization cost as well as to raise profits and maintain market competitiveness, the acceptance of these robots is increasing in end-use industries including construction & infrastructure, automotive, shipbuilding, and aerospace.
Increase in the adoption of these robots owing to the enhanced affordability and notable return on investment. Similarly, the growing capability of robots to handle harsh environments is expected to increase market growth. Similarly, these robots are anticipated to show high demand in the automotive industry attributed to rising demand for automation processes such as forming, welding, laser cutting, press tending, loading and unloading, and powder coating. However, high installation costs coupled with metal fabrication robots and periodic maintenance are factors that hamper the market growth.
The 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 inclusive assessment of each application/product segment in the global market of metal fabrication robots.
The entire metal fabrication robots market has been sub-categorized into end-user and type. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Welding and Soldering
- Surface Treatment and Finishing
- Cartesian Robots
- SCARA Robots
This section covers regional segmentation which accentuates on current and future demand for metal fabrication robots market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Metal Fabrication 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 metal fabrication robots market include ABB, FANUC, Kawasaki Heavy Industries], KUKA, Yaskawa Motoman, Denso Wave, Dürr, Eisenmann, Fabricating Machine Technology, Kawasaki Heavy Industries, Mitsubishi Electric, and Others. This section includes 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.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.