Report : Europe Robotic Welding Cell Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Offering (Solution and Services), Cell Type (Pre-Engineered Cells and Custom Cells), and End-user Industry (Automotive, Manufacturing, Aerospace and Defense)
At 6.3% CAGR, the Europe Robotic Welding Cell Market is speculated to be worth US$ 268.75 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Europe robotic welding cell market was valued at US$ 185.81 million in 2022 and is expected to reach US$ 268.75 million by 2028, registering an annual growth rate of 5.4% from 2022 to 2028. Burgeoning adoption of welding robots in automotive industry and growing adoption of industry 4.0 principles.
In today's technology-driven world, robots play an important role in manufacturing, with about half of those used for welding applications. Many of those welding robots are being used in the automotive industry. Over the past 30 years, automotive welding robots have been busy changing the industry. They have made automotive assembly lines faster, safer, cost-effective, and more efficient
Automotive welding robots have made factories safer because they eliminate the risk of human errors causing accidents. An automotive robot can also work in hazardous conditions as it can withstand heat and chemical reactions and come into contact with structures and parts. Being able to perform dangerous jobs has helped protect workers and future consumers because robots can perform crash tests that evaluate the safety of the vehicles being manufactured. Many automobile manufacturers have been able to save millions of dollars by doubling or tripling their production time with automotive robots. Also, robots can work around the clock as they do not require breaks, sick days, etc. Many companies are also saving money with automotive welding robots since they do not need a salary or benefits. These factors affect the occasional maintenance and repair costs, making robots the cheaper option compared to humans. These advantages of automotive welding robots are fueling the growth of this market. Automotive welding robots are driving the automotive industry significantly by constantly meeting industry expectations. Welding robots used in the automotive industry can also perform other tasks, such as painting, welding, finishing, and many more. They can be programmed to do complex jobs, such as welding. New industry standards call for lighter cars, but the need for tighter welding adjoins it. This can only be accomplished through robots to ensure there is no rattling (another industry standard) and that the vehicle is safe. Robotic welding is essential for producing new, advanced, and high-quality cars. As industry repeatability specifications become more precise, robots are meeting them at faster speeds making them more efficient than humans. The top robot models used by automotive manufacturers include the Motoman UP130, UP6, and UP20. Other popular industry robots come from the FANUC R-2000 and ARC Mate series.
On the contrary, Fear of skill-force of loosing jobs due to automation.
- Based on offering, the Europe robotic welding cell market is segmented into solution and services. The solution segment held 71.3% market share in 2022, amassing US$ 132.40 million. It is projected to garner US$ 196.04 million by 2028 to expand at 6.8% CAGR during 2022–2028.
- Based on cell type, the Europe robotic welding cell market is categorized into pre-engineered cells and custom cells. The pre-engineered cells segment held 58.9% market share in 2022, amassing US$ 109.37 million. It is projected to garner US$ 149.83 million by 2028 to expand at 5.4% CAGR during 2022–2028.
- Based on end user, the Europe robotic welding cell market is segmented into automotive, manufacturing, and aerospace and defense. The manufacturing segment held 54.4% market share in 2022, amassing US$ 101.16 million. It is projected to garner US$ 141.07 million by 2028 to expand at 5.7% CAGR during 2022–2028.
- Based on country, the Europe robotic welding cell market has been segmented into Germany, France, Italy, the UK, Russia, and Rest of Europe. Our regional analysis states that Rest of Europe captured 35.5% market share in 2022. It was assessed at US$ 65.99 million in 2022 and is likely to hit US$ 93.82 million by 2028, exhibiting a CAGR of 6.0% during the forecast period.
Key players dominating the Europe robotic welding cell market are ABB Ltd; The Lincoln Electric Company; Kuka AG; Kawasaki Heavy Industries, Ltd.; WEC Group Ltd; Zeman Bauelemente Produktionsgesellschaft mbH; and Carl Cloos Schweisstechnik GmbH; among others. Contact Us
Contact Person: Sameer Joshi
Phone: +1- 646- 491- 9876
Email id: sam@businessmarketinsights.com