50 KG -150 KG Segment to Dominate Europe Robotic Welding Market during 2019–2028

According to a new market research study on “Europe Robotic Welding Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Payload, and End-User,” is expected to reach US$  1,428.14 million by 2028 from US$  613.48 million in 2021. The market is estimated to grow at a CAGR of 12.8% from 2021 to 2028. Rise in adoption of welding robots in the automotive industry  is the major factor driving the growth of the Europe robotic welding market. However, high initial costs associated with the installation of welding robots may hinder the growth of Europe robotic welding market. The report provides trends prevailing in the Europe robotic welding market along with the drivers and restraints pertaining to the market growth.

Germany, Belgium, Poland, the UK, and the Netherlands are the worst-hit countries in Europe owing to the COVID-19 pandemic. The UK, Germany, France, and Austria have numerous electronic components & robotics ecosystem players. The emergence of the COVID-19 pandemic has impacted the revenue and operations of businesses of European robotics manufacturers and robotics integration and service providers. For instance, the COVID-19 outbreak significantly affected the operations of ABB Ltd, which led to an increase in backlog orders in 2020, while KUKA AG was able to manage its supply chain and meet its stipulated delivery timelines. Further, the demand from automotive end-users decreased in 2020 and 2021. However, nonautomotive end-users, such as electronics, metal, and machinery, have showcased a positive trend in the adoption of industrial robotics, including robotic welding, from Q1 of 2021 owing to ongoing skilled labor shortage, which positively influenced the growth of the welding robotics market from 2021.

The Europe robotic welding market segmented by type, payload, end-user, and country. Based on type, the Europe robotic welding market is segmented into spot welding, arc welding, and others. In 2020, the spot welding segment held the largest share Europe robotic welding market. Based on payload, the Europe 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 Europe robotic welding market. Based on end-user, the Europe 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 Europe robotic welding market. Similarly, based on country, the market is segmented into Germany, France , Italy, UK, Spain, and rest of Europe. Germany contributed a substantial share in 2020. 

ABB; Fanuc Corporation; IGM ROBOTERSYSTEME; Kawasaki Heavy Industries, Ltd.; Kuka AG; NACHI FUJIKOSHI CORP; Panasonic Corporation; and Yaskawa Electric Corporation are among the leading companies in the Europe 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, IGM ROBOTERSYSTEME AG RECEIVES A CERTIFICATE OF RECOGNITION for its new robotic system project.

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