Robotic Welding Market to Reach $10.78 Bn, Globally, by 2026 at 8.7% CAGR
Allied Market Research - Seite 2
Asia-Pacific to offer lucrative opportunities
Based on region, Asia-Pacific accounted for the highest market share, holding nearly three-fifths of the global robotic welding market in 2018, and is estimated to maintain its leadership status throughout the forecast period. Moreover, this region is expected to grow at the highest CAGR of 9.6% from 2019 to 2026. This is attributed to rise in adoption of automated systems in the automotive and other sectors, enhanced working conditions, and technological advancements. North America is expected to register the growth rate with a CAGR of 7.7% during the forecast period.
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Leading market players
- ABB, Ltd.
- DAIHEN Corporation
- Denso Corporation
- Fanuc Corporation
- Kawasaki Heavy Industries, Ltd.
- KUKA AG
- Nachi-Fujikoshi Corp.
- Panasonic Corporation
- Siasun Robot & Automation Co. Ltd.
- Yaskawa Electric Corporation
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