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Transition to welding robotics inevitable across industries globally, says study
- March 16, 2015
- News Release
- Automation and Robotics
Modernization needs in the competitive global market and the rising emphasis on energy efficiency are steering industries toward automation. This trend is driving the uptake of welding robots over manual welding methods. While demand from the automotive and transportation industry will be robust, the electronics, heavy machinery, and construction industries are also contributing to market growth.
New analysis from Frost & Sullivan’s Global Welding Robotics Fact Book finds that the market earned revenues of $2.44 billion in 2014 and estimates this to reach $3.38 billion in 2020.
"Strong demand from industries in Europe will drive the demand for arc and resistance welding robots," said Frost & Sullivan Industrial Automation and Process Control Research Analyst Guru Mahesh. "The introduction of new materials such as composites and carbon fibers in industrial processes will further widen the scope for use of robots in handling, cutting, and welding."
While welding robotics have an established presence in developed economies, lack of awareness among end users and preference for low-cost systems hinder adoption in Asian countries such as India and China. In addition to the limited understanding of the long-term benefits of these solutions, the availability of cheap manual labor restricts the demand for welding robotics in these regions.
The untapped potential makes markets such as Russia, India, China, and Southeast Asia attractive for vendors of welding robotics. Going forward, Middle East and Africa, India, and China will be high-growth regions. Asia-Pacific will have increased demand from nonautomotive industries such as metals, machinery, and electricals and electronics.
For more information on this research, visit http://ow.ly/KbFFn.
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The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
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