The market is bifurcated by type into spot welding robots, and arc welding robots, out of which, the arc welding robots segment is anticipated to hold the notable share in the market over the forecast period on account of growing demand for low space and less maintenance robots. Moreover, the achievement of higher accuracy is another factor estimated to boost the segment growth. On the basis of end-user industry, the automotive segment is forecasted to hold a significant market share over the forecast period, owing to the growing production and repairing activities of vehicles, backed by high demand for vehicles.
Our in-depth analysis of the global market includes the following segments:
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By End-User Industry |
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Author Credits: Richa Gupta
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