Global Spot Welding Robots Market - Top Emerging Trends by Technavio
February 18 2018 - 12:03PM
Business Wire
Technavio’s latest market research report on the global spot
welding robots market provides an analysis of the most
important trends expected to impact the market outlook from
2018-2022. Technavio defines an emerging trend as a factor
that has the potential to significantly impact the market and
contribute to its growth or decline.
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Technavio has published a new market
research report on the global spot welding robots market from
2018-2022. (Graphic: Business Wire)
According to Technavio analysts, the global spot welding
robots market will grow at a CAGR of close to 8% during
the forecast period. The high operational efficiency of spot
welding robots is a major factor driving the market’s growth.
Spot welding robots provide high operational efficiency when
compared with CNC machines and manual handling of the operation.
Spot welding robots increase repeatability and reliability, it
ensures safety, enables optimum utilization of space, and reduces
material loss.
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In this report, Technavio highlights the increasing adoption of
multi-robot cells as one of the key emerging trends driving the
global spot welding robots market:
Increasing adoption of multi-robot
cells
Multi-robot cells are gaining traction among industry players
due to the increasing focus on lean manufacturing. In multi-robot
cells, multiple robots are placed to accomplish a task which is
controlled by a single controller and also can add a robotic arm in
the workcell to improve productivity. A single point of control
while running multiple robots aids in preventing collisions,
simplifying the programming structure, and reducing integration
cost.
“The synchronization in the movement of
robots enables it to function in confined space, without risking
robot interference. This characteristic allows robots to manipulate
parts of all size in the process and work collectively. Global
players are increasingly providing multi-robot welding cells by
combining material handling robots with spot welding robots,
allowing the control of up to eight robots with one controller.
Adoption of multi-robots is expected to increase owing to the
rising demand for quick and precise manufacturing during the
forecast period,” says a senior analyst at Technavio for research
on robotics.
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Global spot welding robots market
segmentation
This market research report segments the global spot welding
robots market into the following end-users (automotive industry,
electronics and semiconductor industry, metal fabrication industry,
and aerospace industry) and key regions (the Americas, APAC, and
EMEA).
The automotive industry segment held the largest market share in
2017, accounting for nearly 39% of the market. The market share for
this end-user is expected to increase by 2022. The fastest growing
end-user is the electronics and semiconductor industry, which will
account for 28% of the total market share by 2022.
APAC was the leading region for the global spot welding
robots market in 2017, accounting for a market share of 62%,
followed by EMEA and the Americas. By 2022, APAC is expected to
witness a growth of nearly 2% in market share. APAC will continue
to be the leading region for the global spot welding robots market
during the forecast period.
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version on businesswire.com: http://www.businesswire.com/news/home/20180218005037/en/
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
+1 844 364 1100UK: +44 203 893 3200www.technavio.com