The global spot welding robots market is forecasted to grow at a CAGR of 7.70 % during the period 2018-2022

The global spot welding robots market is forecasted to grow at a CAGR of 7.70 % during the period 2018-2022

NEW YORK, April 3, 2018 /PRNewswire/ -- About Spot Welding Robots

Robotic spot welding, a type of resistance welding, is the most common welding application found in the manufacturing field. Spot welding robots are used to carry the spot welding operation in end-user industries. These robots deploy copper alloys for transmitting electric current to the welding point and contain a spot welding gun at the terminal point of the robot wrist, which is in place instead of an end-effector.

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Technavio's analysts forecast the global spot welding robots market to grow at a CAGR of 7.70 % during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global spot welding robots market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of spot welding robots.

The market is divided into the following segments based on geography:
-- Americas
-- APAC
-- EMEA

Technavio's report, Global Spot Welding Robots Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
-- ABB
-- FANUC
-- Fiat Chrysler Automobiles
-- Kawasaki Heavy Industries
-- Midea
-- Yaskawa

Market driver
-- High operational efficiency of spot welding robots
-- For a full, detailed list, view our report

Market challenge
-- Limited adoption of robots by SMEs
-- For a full, detailed list, view our report

Market trend
-- Increasing adoption of multi-robot cells
-- For a full, detailed list, view our report

Key questions answered in this report
-- What will the market size be in 2022 and what will the growth rate be?
-- What are the key market trends?
-- What is driving this market?
-- What are the challenges to market growth?
-- Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Read the full report: https://www.reportlinker.com/p05336686

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