Market Overview:
The global robotic arc welding market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as, increasing demand for automated welding solutions across various industries, and rising adoption of robotics in welding applications. Based on type, the transformer based segment is expected to hold the largest share of the global robotic arc welding market during the forecast period. This can be attributed to factors such as low cost and easy installation of transformer based systems.
Product Definition:
The power source for a robotic arc welding system provides the electrical energy necessary to create an arc between the electrode and the workpiece. The most common type of power source is a transformer-rectifier, which converts standard AC voltage from the wall outlet into DC voltage.
Transformer Based:
The global transformer based, it's usage and growth factor in Power Sources for Robotic Arc Welding market size was valued at USD 9.5 million in 2016. It is expected to witness a CAGR of XX% over the forecast period.
Generator/Alternator Based:
The generator/alternator based power sources for robotic arc welding market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes growing demand for automation in manufacturing industries coupled with rising focus on industrial robotics.
Moreover, there has been a growing adoption of generator-based systems in various applications such as material handling, packaging lines, assembly lines and palletizing & depalletizing among others.
Application Insights:
The construction application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for robotic welding systems from various construction industries, such as pipe fitting, heavy equipment mounting and erection, bridge building, etc. In addition, factors such as growing urbanization leading to an increase in infrastructure spending by governments across the world is expected to drive product demand over the coming years.
Automotive application was one of the prominent segments accounting for a significant market share in 2017 owing to rising automotive production across major economies including U.S.
Regional Analysis:
Asia Pacific held the largest market share in 2016 and is expected to continue its dominance over the forecast period. Robust manufacturing base of automotive, electronics, heavy equipment and construction industry in China, Japan, South Korea and India is expected to remain a favorable factor for regional growth. In addition, growing infrastructure activities coupled with increasing government spending on defense are projected to drive demand for power sources across this region.
Europe accounted for more than 20% of the overall revenue share in 2016 owing to high penetration rate of robotics technology across several industries such as healthcare & medical instruments; food & beverage; logistics & warehousing; administrative & support services among others.
North America also contributed significantly towards market revenue owing both ends i.e.
Growth Factors:
- Increasing demand for robotic arc welding in automotive and aerospace industries due to the advantages of robotic welding such as high precision, repeatability, and flexibility.
- Growing demand for automated welding systems owing to the increasing labor costs and the need for high-quality products.
- Rising popularity of laser-arc hybrid welding technology that offers benefits such as low heat input, high weld quality, and reduced distortion.
- Development of new power sources with advanced features such as higher efficiency, better performance at extreme temperatures, and increased reliability that are suitable for use in various applications including heavy fabrication, shipbuilding etc..
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Sources for Robotic Arc Welding Market Research Report
By Type
Transformer Based, Generator/Alternator Based, Inverter Based
By Application
Construction, Automotive, Heavy Equipment, Electronics, Energy, Railway, Other
By Companies
Lincoln Electric, Miller, Fronius, ESAB, Panasonic, Voestalpine, SKS, Lorch, ABICOR BINZEL, EWM, Lincoln Electric, Shanghai Hugong, Beijing Time
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Power Sources for Robotic Arc Welding Market Report Segments:
The global Power Sources for Robotic Arc Welding market is segmented on the basis of:
Types
Transformer Based, Generator/Alternator Based, Inverter Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Automotive, Heavy Equipment, Electronics, Energy, Railway, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lincoln Electric
- Miller
- Fronius
- ESAB
- Panasonic
- Voestalpine
- SKS
- Lorch
- ABICOR BINZEL
- EWM
- Lincoln Electric
- Shanghai Hugong
- Beijing Time
Highlights of The Power Sources for Robotic Arc Welding Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Transformer Based
- Generator/Alternator Based
- Inverter Based
- By Application:
- Construction
- Automotive
- Heavy Equipment
- Electronics
- Energy
- Railway
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Power Sources for Robotic Arc Welding Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
There are a few different types of power sources for robotic arc welding. The most common type is an electric arc welder. Other types of power sources include gas-fired welders, MIG welders, and TIG welders.
Some of the key players operating in the power sources for robotic arc welding market are Lincoln Electric, Miller, Fronius, ESAB, Panasonic, Voestalpine, SKS, Lorch, ABICOR BINZEL, EWM, Lincoln Electric, Shanghai Hugong, Beijing Time.
The power sources for robotic arc welding market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Power Sources for Robotic Arc Welding Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Power Sources for Robotic Arc Welding Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Power Sources for Robotic Arc Welding Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Power Sources for Robotic Arc Welding Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Power Sources for Robotic Arc Welding Market Size & Forecast, 2018-2028
4.5.1 Power Sources for Robotic Arc Welding Market Size and Y-o-Y Growth
4.5.2 Power Sources for Robotic Arc Welding Market Absolute $ Opportunity
Chapter 5 Global Power Sources for Robotic Arc Welding Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Power Sources for Robotic Arc Welding Market Size Forecast by Type
5.2.1 Transformer Based
5.2.2 Generator/Alternator Based
5.2.3 Inverter Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Power Sources for Robotic Arc Welding Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Power Sources for Robotic Arc Welding Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Automotive
6.2.3 Heavy Equipment
6.2.4 Electronics
6.2.5 Energy
6.2.6 Railway
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power Sources for Robotic Arc Welding Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Power Sources for Robotic Arc Welding Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Power Sources for Robotic Arc Welding Analysis and Forecast
9.1 Introduction
9.2 North America Power Sources for Robotic Arc Welding Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Power Sources for Robotic Arc Welding Market Size Forecast by Type
9.6.1 Transformer Based
9.6.2 Generator/Alternator Based
9.6.3 Inverter Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Power Sources for Robotic Arc Welding Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Automotive
9.10.3 Heavy Equipment
9.10.4 Electronics
9.10.5 Energy
9.10.6 Railway
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Power Sources for Robotic Arc Welding Analysis and Forecast
10.1 Introduction
10.2 Europe Power Sources for Robotic Arc Welding Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Power Sources for Robotic Arc Welding Market Size Forecast by Type
10.6.1 Transformer Based
10.6.2 Generator/Alternator Based
10.6.3 Inverter Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Power Sources for Robotic Arc Welding Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Automotive
10.10.3 Heavy Equipment
10.10.4 Electronics
10.10.5 Energy
10.10.6 Railway
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Power Sources for Robotic Arc Welding Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Power Sources for Robotic Arc Welding Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Power Sources for Robotic Arc Welding Market Size Forecast by Type
11.6.1 Transformer Based
11.6.2 Generator/Alternator Based
11.6.3 Inverter Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Power Sources for Robotic Arc Welding Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Automotive
11.10.3 Heavy Equipment
11.10.4 Electronics
11.10.5 Energy
11.10.6 Railway
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Power Sources for Robotic Arc Welding Analysis and Forecast
12.1 Introduction
12.2 Latin America Power Sources for Robotic Arc Welding Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Power Sources for Robotic Arc Welding Market Size Forecast by Type
12.6.1 Transformer Based
12.6.2 Generator/Alternator Based
12.6.3 Inverter Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Power Sources for Robotic Arc Welding Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Automotive
12.10.3 Heavy Equipment
12.10.4 Electronics
12.10.5 Energy
12.10.6 Railway
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Power Sources for Robotic Arc Welding Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Power Sources for Robotic Arc Welding Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Power Sources for Robotic Arc Welding Market Size Forecast by Type
13.6.1 Transformer Based
13.6.2 Generator/Alternator Based
13.6.3 Inverter Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Power Sources for Robotic Arc Welding Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Automotive
13.10.3 Heavy Equipment
13.10.4 Electronics
13.10.5 Energy
13.10.6 Railway
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Power Sources for Robotic Arc Welding Market: Competitive Dashboard
14.2 Global Power Sources for Robotic Arc Welding Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lincoln Electric
14.3.2 Miller
14.3.3 Fronius
14.3.4 ESAB
14.3.5 Panasonic
14.3.6 Voestalpine
14.3.7 SKS
14.3.8 Lorch
14.3.9 ABICOR BINZEL
14.3.10 EWM
14.3.11 Lincoln Electric
14.3.12 Shanghai Hugong
14.3.13 Beijing Time
