Laser Welding Robot Market Scope
Robotic laser welding provides many benefits as compare to the traditional welding processes in various applications. The few recent advancements in this industry including laser welding technology provide a wide range of industrial settings. As the major threat is it is not suited for applications, which makes its substitute more powerful.
The global laser welding robot market is strongly competitive and having a huge number of market players. In terms of market share, some of the market-leading players are highly dominating the global market. These market players are highly focusing on the strategic collaborative creativities to intensification their market share and escalation their profitability. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Laser Welding Robot market throughout the predicted period.
COMAU Robotics (Italy), KUKA Roboter GmbH (Germany), O.R. Lasertechnologie GmbH (Germany), Genesis Systems (United States), RobotWorx (United States), FANUC ADRIA d.o.o. (Slovenia), ABB (Switzerland), Denso Corporation (Japan), Panasonic Corporation (Japan) and IGM Robotic Systems, Inc. (Austria) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Motoman (United States), Carl Cloos Schweisstechnik Gmbh (Germany), Daihen Corporation (Japan) and Nachi-Fujikoshi Corp. (Japan).
Segmentation Overview
The study have segmented the market of Global Laser Welding Robot market by Type (6-axis, 3-axis and Others), by Application (Industrial, Foundry, Process, Welding and Others) and Region with country level break-up.
On the basis of geography, the market of Laser Welding Robot has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
High Adoption from the Automotive and Aerospace Industries
Market Growth Drivers:
Rising Awareness Regarding Automated Laser Welding and Process Advancements
Challenges:
High Thermal Conductivity Requires a High Heat-Input
Restraints:
High Cost Associated with Laser Welding Robot
Opportunities:
Advances in Laser Welding Technology and Strong Growth Potential Opportunity in Future Market Because of Flexible Welding Capabilities, That Helps in Reduction from the Programmed Points for the Path Geometry
Market Leaders and their Expansionary Development Strategies
In July 2018,ABB is to acquire AB Rotech, a privately-owned company headquartered in Bursa, Turkey, with nearly 20, years of extensive experience in robotic welding solutions and services for the automotive industry. The, expertise of AB Rotech’s engineering team covers the entire robotics welding lifecycle, from design and, commissioning to electrical engineering and customer service. The parties agreed to not disclose the and value of the acquisition.
In January 2020, Panasonic Corporation announced that it has prospered the world's highest brightness blue laser. This is made up of using the wavelength beam combining technology. With the help of this technology the company has become more competitive across the globe.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, Laser Welding Robot Manufacturers, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and https://news.panasonic.com/global/press/data/2020/01/en200129-2/en200129-2.html
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.