2014-01-31 05:51:01 - Global Welding Robots Market 2012-2016 - a new market research report on companiesandmarkets.com
The Global Welding Robots market is to grow at a CAGR of 5.73 percent over the period 2012-2016. One of the key factors contributing to this market growth is need for faster time to market. The Global Welding Robots market has also been witnessing the increasing focus on providing end-to-end solutions. However, limited knowledge about welding robots´ functionalities could pose a challenge to the growth of this market.
Manufacturing companies are increasingly adopting industrial robots for automating their manufacturing and assembly processes. Therefore, end-users across the globe are showing a preference for end-to-end solutions from industrial robot vendors rather than installing standalone products from different vendors. The use of end-to-end solutions using industrial robotics is expected to have a positive impact
on the overall productivity and operational efficiency of organizations. This also reduces production and assembly errors, and thus helps end-users focus on their core business processes. Thus, many vendors have started to provide end-to-end robotic products and systems, which help vendors gain an edge over other competitors in the market. Therefore, the focus on end-to-end solutions is an important trend that is expected to have a positive impact on the growth of the Global Welding Robots market during the forecast period.
The need for faster time to market is one of the major drivers of the market. Welding robots ensure superior quality of the end-product without manufacturing errors in a short period of time. Their use improves the speed of the manufacturing process by integrating various steps involved in the manufacturing system.
The lack of understanding of robotic programing is one of the major challenges in the market. Many of the production staff working on the production floor lack proper understanding of robotic programing, which means that they struggle while operating welding robots.
The key vendors dominating this space include ABB Ltd., Fanuc Corp., KUKA AG, and Yaskawa Electric Corp.
The other vendors mentioned in this report are Denso Wave Inc., Kawasaki Robotics Inc., Mitsubishi Electric Automation Inc., Omron Corp., Panasonic Corp., and Toshiba Machine Co. Ltd.
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