Global Industrial Welding Robots Market Forecast to Grow at More than 6% CAGR from 2015-2019

Technavio has published a new report on the global industrial welding robots market, which is expected to grow at a CAGR of more than 6% from 2015-2019.

Industrial welding robots market segmentation including application type, end-user, and geography

Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different types of application, including arc, spot, and laser.

Additionally, analysts have segmented market projections by key geography, and also by end-user industries, focusing on automotive, electrical and electronics, heavy machinery, and others.

“The global welding robots vendors are aiming at developing customized welding robots that will offer specific solutions to the customer, to gain an edge in the competitive market. Moreover, modern welding robots can also be easily customized in terms of positioning, complex welding areas, and movements. This trend of adoption of customized welding robots is likely to promote the market growth during the forecast period,” says Faisal Ghaus, Vice President of Technavio.

Industrial welding robots: Market scope and calculation of market size

This report covers the present scenario and growth prospects for the global industrial welding robots market from 2015-2019. To calculate the market size, the report considers the revenue generated by the market globally.

Industry analysis includes:

• Key Vendors:
  • ABB
  • Fanuc
  • Kawasaki Heavy Industries
  • Kuka
  • Mitsubishi Electric
  • Yaskawa Electric
• Market Growth Drivers:
  • Use of welding robots in automotive industry
  • Demand for high productivity
• Market Challenges:
  • Lack of awareness about welding robots
  • High switching costs
• Market Trends:
  • Growth of other end-user segments
  • Adoption of customized systems

View the global industrial welding robots market report.

Technavio currently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the robots market:

• Global Industrial Robotics Market in the Automotive Industry 2015-2019
• Global Collaborative Robots Market 2015-2019

If you are interested in more information, please contact our media team at [email protected].

Source: http://www.technavio.com/