London, 10 September 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global Welding Robots Market 2014-2018.
Industrial robots are programmable automatically-operated machines, which are used to automate and control manufacturing processes. They are used in different applications like welding, painting, assembly, product inspection, testing and packaging.
The Global Welding Robots market is expected to grow steadily at a CAGR of 5.73 percent during the forecast period.
The latest report by TechNavio focuses on manufacturing companies that rely on the automation to increase the productivity of the manufacturing and assembly process. The report also highlights the increase in the adoption of customized systems to suit the specific needs of the end-users. Some of the key end users highlighted in this report include:
- Automotive Industry
- Electrical and Electronics Industry
- Heavy Machinery Industry
“Several vendors in the Global Welding Robots market have started providing customized robotic systems based on the specific application requirement of customers to gain an edge over the competition. Discrete manufacturing companies are also adopting customized robotic systems that have been designed to suit their specific needs,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Need to Increase Productivity
- For a full detailed list, view our report.
Market Challenges:
- Need for High Initial Investment
- For a full detailed list, view our report.
Market Trends:
- Increase in the Growth of Certain End-user Segments
- For a full detailed list, view our report.
Key Vendors:
- ABB Ltd.
- Fanuc Corp.
- KUKA AG
- Yaskawa Electric Corp.
Other Prominent Vendors:
- ABB
- Denso Wave
- Fanuc
- Kawasaki Robotics
- KUKA
- Mitsubishi Electric Automation
- Omron
https://www.technavio.com/%3Cp%3E%C2%A0%3C/p%3E%3Cp%3E%3Ca%20href%3D%22ht…
