Increasing Cost of Labor to Drive Growth of Global Welding Robots Market

Published On : 12 Sep 2016 announces the addition of a new research report, titled “Global Welding Robots Market Research Report 2021.” This study covers a detailed understanding of the market landscape and encapsulates an extensive understanding of the growth prospects in the market for welding robots. The competitive landscape section of the report presents the leading players in the market and their key contributions from 2011 to 2021. The top segments in the market and their predicted growth by the end of the forecast period have also been covered under this study.

The first section of the report presents an introduction to the global welding robots market. This section also encapsulates the types of welding robots and their application areas. Welding robotics refers to a technology which presents automated welding robots for manufacturing and designing processes in a number of application areas. Welding robots have presented an apt solution in order to accomplish mass production by reducing the time of manufacturing cycle. In addition, numerous benefits such as accuracy, efficiency, etc. have resulted in the rising employment of welding robots in numerous end-use industries. 

As per the report, welding robots are primarily employed in applications such as automotive, metals, electrical and electronics, food and beverage, rubber and plastic, and healthcare industries. The increasing cost of labor globally is amongst the key factors propelling the growth of the market for welding robots. In addition, this increasing labor cost has resulted in an increased demand for automation in a number of industry verticals, thus stimulating the demand for welding robots. Furthermore, numerous manufacturing industries have achieved safety and higher production quality in their manufacturing operations, hence raising the demand for welding robots. 

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On the other hand, the report states that the skyrocketing initial investment costs related with the deployment of welding robots may impede the growth of the market. In addition, the absence of skilled technicians required for servicing and maintaining welding robots may negatively impact the development of the market. Furthermore, the dearth of implementation of welding robots by small and medium enterprises may restrain the development of the market in the coming years. 

Moving further, the key trends and competitive situation in the global welding robots market have been described. This section encapsulates the acquisitions, new product introductions, expansions, and other developments taking place in this market from 2011 to 2021. 

In the next part of the study¸ the segmentation of the market has been presented. In terms of technology employed for welding process, the welding robots market can be segmented into arc welding robots, welding robots, spot welding robots, and laser welding robots. By geography, the report categorizes the market into Southeast Asia, North America, Europe, Japan, China, and India. 

As stated in the study, the prominent players in the market are FANUC Corporation, KUKA Robotics, Yaskawa Motoman Robotics, ABB, Kawasaki Heavy Industries Ltd., Nachi Robotic Systems, Inc., Omron Adept Technologies, Inc., DENSO Corporation, Universal Robots, and Mitsubishi Electric Corporation, among others. 
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