Report : Middle East and Africa Robotic Welding Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Spot Welding, Arc Welding, and Others), Payload (Less Than 50 Kg, 50-150 Kg, and More Than 150 Kg), and End-User (Automotive and Transportation, Electrical and Electronics, Metal and Machinery, Construction, and Others)Â
Automotive and Transportation Segment to Dominate Middle East & Africa Robotic Welding Market during 2019–2028
According to a new market research study on “Middle East & Africa Robotic Welding Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Payload, and End-User,” is expected to reach US$ 13.58 million by 2028 from US$ 7.04 million in 2021. The market is estimated to grow at a CAGR of 9.8% from 2021 to 2028. Industrial 4.0 to drive demand for industrial robots is the major factor driving the growth of the Middle East & Africa robotic welding market. However, high initial costs associated with the installation of welding robots may hinder the growth of Middle East & Africa robotic welding market. The report provides trends prevailing in the Middle East & Africa robotic welding market along with the drivers and restraints pertaining to the market growth.
The Middle East & Africa robotic welding market is adversely affected by the disruptions in the supply chain of robotics & related components. The demand for industrial robotics, including robotic welding, has decreased marginally since the emergence of the COVID-19 pandemic in the Middle East & African countries as the region witnessed a decline in GDPs. This has led to a loss of revenue among the welding robotics manufacturers, distributors, system integrators, and service providers who offered their products across the region in 2020. However, the region showcased a positive trend for the adoption of the automation system, including robotic welding, from 2021, owing to containment measures imposed by various governments.
The Middle East & Africa robotic welding market segmented by type, payload, end-user, and country. Based on type, the Middle East & Africa robotic welding market is segmented into spot welding, arc welding, and others. In 2020, the spot welding segment held the largest share Middle East & Africa robotic welding market. Based on payload, the Middle East & Africa robotic welding market is segmented into less than 50kg, 50kg-150kg, and more than 150kg. In 2020, the 50kg-150kg segment held the largest share Middle East & Africa robotic welding market. Based on end-user, the Middle East & Africa robotic welding market is segmented into automotive and transportation, electrical and electronics, metal and machinery, construction, and others. In 2020, the automotive and transportation segment held the largest share Middle East & Africa robotic welding market. Similarly, based on country, the market is segmented into UAE and the rest of Middle East & Africa. The rest of Middle East & Africa contributed a substantial share in 2020.
ABB; Fanuc Corporation; Kawasaki Heavy Industries, Ltd.; Kuka AG; NACHI FUJIKOSHI CORP; Panasonic Corporation; and Yaskawa Electric Corporation are among the leading companies in the Middle East & Africa robotic welding market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, FANUC TO DEMONSTRATE A WIDE RANGE OF CNC AND ROBOTIC SOLUTIONS AT FABTECH.
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