Market Trends of Robotic Welding For Automotive Manufacturing Industry
This section covers the major market trends shaping the Robotic Welding For Automotive Manufacturing Market according to our research experts:
Electric Vehicles Will Augment the Demand for Robotic Welding
- Robotic welding is becoming increasingly popular in the automotive and transportation industries around the world. The market's growth is influenced by the expansion of manufacturing facilities for electric vehicles and other automotive products, as well as electrical and electronic components.
- For instance, Ola chose ABB as one of its automation and robotics partners for its mega scooter plant in India in February 2021. Ola uses ABB robots and automation systems for painting, welding, motors, and battery assembly lines. As a result, robot welding systems are becoming more widely used across the country.
- Furthermore, according to Reuters, US manufacturing is recovering from the Corona crisis, with new orders increasing from USD 362.0 million in April 2020 to approximately USD 506.0 million in June 2021. Demand for welding robots and other factory automation equipment has risen even more, and demand is expected to rise even more in the coming years as a spate of new electric vehicles enter production.
- Also, Both old and young manufacturers are investing in EV plants. According to LMC Automotive, automakers will invest over USD 37.0 billion in North American manufacturing from 2019 to 2025, with a large amount of that going toward EV-related efforts. Such factors will boost the demand for robotic welding in the automotive manufacturing sector.
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Europe Will Be at the Forefront of Robotic Welding In Automotive Manufacturing Industry
- As during projection period, Europe is expected to increase steadily. Developed countries such as Germany and the United Kingdom are contributing to the region's market growth. Automated welding is being widely adopted in Italy and France, which will be a major driver of market expansion in the region.
- BMW AG, based in Germany, inked a framework deal with KUKA AG in April 2020 to supply 5,000 robots for new manufacturing lines and factories. These robots are intended to be utilized at BMW Group's various production locations across the world to produce current and future generation BMW cars.
- Furthermore, increased demand for vehicles, particularly from emerging nations across Europe, has prompted automakers and OEMs to automate their processes in order to improve manufacturing output. The need for welding robots in the automotive and transportation industries has risen as a result of this.
- Welding robots have been subjected to new product offers from notable manufacturers, which are leading to the use of automation technology in industrial welding more efficiently than ever before, owing to rising competitive costs and industry demand. Key players are concentrating on strengthening their welders' programming skills in order to get experience with complex software controls.
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