Industrial Welding Robots Market to Record a CAGR of 6.26%, Majority of Market Growth to Originate from APAC – Technavio – QNT Press Release

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NEW YORK, Sept. 27, 2022 /PRNewswire/ — The industrial welding robots market size is expected to grow by USD 2.53 billion from 2021 to 2026. However, the growth momentum of the market will accelerate at a CAGR of 6.26% during the forecast period, according to Technavio. The growing popularity of industrial robots in APAC is driving the industrial welding robots market growth. However, factors such as increasing price competition in APAC may challenge market growth.

Get a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

The industrial welding robots market report covers the following areas:

• Industrial Welding Robots Market size
• Industrial Welding Robots Market trends
• Industrial Welding Robots Market industry analysis

We provide a detailed analysis of around 25 vendors operating in the industrial welding robots market, including ABB Ltd., Abhisha Technocrats Pvt Ltd, Acieta LLC, Bystronic Laser AG, Carl Cloos Schweisstechnik GmbH, EWM AGDAIHEN Corp., FANUC Corp., Illinois Tool Works Inc., Hyundai Robotics, Kawasaki Heavy Industries Ltd., MIDEA Group Co. Ltd., Kemppi Oy, OMRON Corp., Panasonic Corp, Smenco Pty Ltd, Stellantis NV, Teradyne Inc ., The Lincoln Electric Co., and Yaskawa Electric Corp.

• Product
• Spot Welding Robots:
• Arc Welding Robots
• Laser Welding Robots
• End-user
• Automotive
• Electrical And Electronics
• Heavy Machinery
• Others
• Geography
• APAC
• Europe
• North America
• South America
• The Middle East And Africa

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

The spot welding robot segment will be the largest contributor to market growth during the forecast period. This growth is attributed to factors such as the growing use of spot welding robots in the automotive, electronics, and heavy machinery industries. Spot welding is a major process in the manufacturing facilities of end-users. Industry players are using spot welding robots to raise their productivity and gain operational efficiency.

APAC will account for 60% of the market’s growth during the forecast period. This growth is attributed to factors such as rising investments in the automotive industry. Moreover, market growth in this region will be faster than the growth of the market in other regions. China, Japanand South Korea (Republic of Korea) are the key countries for the industrial welding robots market in APAC.

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will enable the industrial welding robots market to grow during the next five years
• Approximation of the industrial welding robots market size and its contribution to the parent market
• Forecasts on upcoming trends and changes in consumer behavior
• The growth of the industrial welding robots market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of industrial welding robots market vendors

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Full story available on Benzinga.com

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