Profitable Growth in Trends of Europe Welding Robotics Market Outlook: Ken Research

Posted February 25, 2021 by Anita1111

Europe welding robotics market reached USD 0.95 billion in2018 and will grow at a 2019-2026 CAGR of 6.37%, representing the third largest regional market in the world after Asia-Pacific region and North America.
Robot welding is an automatic programmable robot, which industrializes the welding procedure by performing the handling part and welding operation concurrently. The welding robots are extensively used in the automotive industries for welding the parts and components of the interior in addition to external automotive parts with less complexity. The welding robots are planned with specific proximities that help them function appropriately. Furthermore, welding robots are fortified with sensors and the controllers, which permit the application of welding consistently.
According to the report analysis,’ Europe Welding Robotics Market by Offering, Robot Type, Payload, Application, Industry Vertical, and Country 2019-2026: Trend Forecast and Growth Opportunity’ The major players working in the global robotic welding market have accepted key strategies such as product growth to support their market outreach and withstand the rigid competition in the market. Since Europe is home based to some of the top global welding equipment makers like Kemppi Oyy, Elektriska Svetsnings-Aktiebolaget (ESAB), etc., the European welding equipment market seems to be partially concentrated. Also, some regional players are also inflowing into the market with prime focus on progressive technologies, which makes a vigorous competition in the market. Key Players in the market are ABB Ltd., Comau S.p.A, Daihen Corp., Denso Corporation, EFORT Intelligent Equipment, Fanuc Corp., Hyundai Robotics, Kawasaki Robotics Inc., KUKA (Midea Group), Nachi Fujikoshi Corp., Reis Robotics, Siasun, STEP Electric Corporation and Yaskawa Electric Corp. Moreover, the essential of welding robots eliminates the need of manpower, thus confirming operational excellence by performing repetitive tasks professionally and efficiently. Though, high fixing cost and the complex integration abilities mandatory for the initial setup of welding robots detains the robotic welding market development.
Geographically, the market of Europe Welding Robotics Market is divided into key regions into Germany, UK, France, Spain, Italy and Rest of Europe. Based on offering, the Europe market is segmented into Hardware, Software and Service & Support. Based on robot type, the Europe market is segmented into Articulated Robots, Cartesian Robots, SCARA Robots, Rectilinear Robots, Collaborative Robots and Others. Based on payload, the Europe market is segmented into the 150 Kg Payload. Based on application, the Europe market is segmented into the Spot Welding, Arc Welding, Laser Welding, Plasma Welding and Others. Based on industry vertical, the Europe market is segmented into Automotive and Transportation, Electricals and Electronics, Metals and Machinery, Aerospace and Defence and Others.
The adoption of welding robots guarantees enlarged output on welding lines. This has reduced severe labour injuries, better order fulfilment speed & accuracy, and enlarged uptime with reduced prices. The welding robots can be modified to serve specific supplies, like cloud-based operation and remote monitoring, together with effective physical stature for better compatibility with human workforce by with state-of-the-art technologies. Automotive, fabrication, and metal industries incorporate automated technology for welding to reduce price, save time, and carry well welding superiority. This technology also improves the well-organized usage of working space and progresses the supply chain performance in end user industries. Therefore, it is expected that the market of Europe Welding Robotics Market will boost up throughout the forecast amount.

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Contact Email [email protected]
Issued By Ken Research
Country India
Categories Technology , Telecom
Tags Europe Welding Robotics Market , Europe Welding Robotics Market Revenue , Europe Welding Robotics Market Forecast
Last Updated February 25, 2021