Spot Welding Segment to Dominate South America Robotic Welding Market during 2019–2028

According to a new market research study on “South America Robotic Welding Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Payload, and End-User,” is expected to reach US$ 36.21 million by 2028 from US$ 20.23 million in 2021. The market is estimated to grow at a CAGR of 8.7% from 2021 to 2028. Increasing adoption of welding robots in the automotive industry is the major factor driving the growth of the South America robotic welding market. However, high initial costs associated with the installation of welding robots may hinder the growth of South America robotic welding market. The report provides trends prevailing in the South America robotic welding market along with the drivers and restraints pertaining to the market growth.

Brazil has the highest number of COVID-19 cases, followed by Ecuador, Peru, Chile, and Argentina. The containment measures implemented by the governments affected all economic and manufacturing activities in South America. Various manufacturing operations were delayed or discontinued in 2020. The adoption of industrial robotics, including robotic welding, was marginally affected by the COVID-19 pandemic, as the deployment of robotics decreased by 17% in 2020. However, due to containment measures imposed by governments and the need to meet delivery stipulations, manufacturers have started to showcase a positive outlook toward the adoption of automated technology, including robotic welding, from Q4 of 2020. This has positively influenced the growth of the robotic welding market in South America.

The South America robotic welding market segmented by type, payload, end-user, and country. Based on type, the South America robotic welding market is segmented into spot welding, arc welding, and others. In 2020, the spot welding segment held the largest share South America robotic welding market. Based on payload, the South America 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 South America robotic welding market. Based on end-user, the South America 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 South America robotic welding market. Similarly, based on country, the market is segmented into Brazil and the rest of South America. Brazil 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 South America 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, ABB Robotics Unveiled Welding Technology, Scalable Robotics, at FABTECH.

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