- March 11, 2015
Need for automated welding in heavy machinery and metal processing will bolster the unit shipment of welding robots.
March 11, 2015– Modernisation needs in the competitive global market and the rising emphasis on energy efficiency are steering industries towards automation. This trend is driving the uptake of welding robots over manual welding methods. Robotic welding offers consistency and repeatability, which is vital in user industries. While demand from the automotive and transportation industry will be robust, the electronics, heavy machinery and construction industries are also contributing to market growth.
Frost & Sullivan finds that the market earned revenues of $2.44 billion in 2014 and estimates this to reach $3.38 billion in 2020. The significant improvement in energy efficiency that robotic welding brings to the table has spiked market demand in developed economies like North America and Europe.
“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 fibres 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 solutions 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 labour restricts the demand for welding robotics in these regions.
“Vendors are working on increasing awareness on the various benefits of welding robots, including higher efficiency, repeatability and reliability,” observed Mahesh. “Conducting training and demonstrations through fairs and workshops will set the ball rolling for large-scale uptake of robotic welding across the globe.” 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 see increased demand from non-automotive industries such as metals, machinery and electricals and electronics. About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.Learn More
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