Dublin, Aug. 16, 2024 (GLOBE NEWSWIRE) -- The "Metal Fabrication Robots - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Metal Fabrication Robots is estimated at 101.7 Thousand Units in 2023 and is projected to reach 319.0 Thousand Units by 2030, growing at a CAGR of 17.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. 
The growth in the metal fabrication robots market is driven by several factors, including increasing demand for automation, technological innovations, and the rising need for precision and efficiency in manufacturing processes. As industries seek to enhance productivity and reduce labor costs, the adoption of automated solutions, including metal fabrication robots, is on the rise.
Technological innovations, such as advancements in AI, machine learning, and sensor technology, are making these robots more capable and affordable for a broader range of applications. Additionally, the growing emphasis on quality and precision in sectors such as automotive, aerospace, and construction is driving the demand for advanced fabrication technologies.
The need for faster production cycles, improved product consistency, and enhanced safety standards is further propelling the adoption of metal fabrication robots. These factors, combined with the continuous evolution of robotics technology and the expanding applications of metal fabrication robots, are expected to drive significant growth in the market in the coming years.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Articulated Robots segment, which is expected to reach 170.5 Thousand Units by 2030 with a CAGR of a 18.1%. The Cartesian Robots segment is also set to grow at 16.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at 27.7 Thousand Units in 2023, and China, forecasted to grow at an impressive 23.4% CAGR to reach 74.4 Thousand Units by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ABB Ltd., FANUC America Corporation, KUKA AG, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Questions Answered:
- How is the Global Metal Fabrication Robots Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 250 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value in 2023 | 101.7 Thousand Units |
| Forecasted Market Value by 2030 | 319 Thousand Units |
| Compound Annual Growth Rate | 17.7% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and a Looming Global Recession
- Metal Fabrication Robots - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Increasing Demand for Precision and Efficiency in Manufacturing Drives Adoption of Metal Fabrication Robots
- Technological Advancements in Robotics Propel Industry Growth
- Expansion of Automotive and Aerospace Sectors Strengthens Business Case for Metal Fabrication Robots
- Rising Investments in Smart Factory Solutions Generate Demand for Metal Fabrication Robots
- Growing Focus on Automation and Operational Efficiency Spurs Market Growth
- Development of Collaborative Robots (Cobots) Expands Market Opportunities
- Stringent Safety Regulations in Manufacturing Drive Adoption of Advanced Metal Fabrication Robots
- Increasing Use of Metal Fabrication Robots in Construction Industry Generates New Opportunities
- Advances in AI and Machine Learning Technologies Propel Growth of Smart Robots
- Rising Demand for Customization and Flexibility in Manufacturing Drives Market Adoption
- Integration of IoT and Industry 4.0 Solutions Strengthens Market Position
- Growing Industrialization in Emerging Economies Spurs Demand for Metal Fabrication Robots
- Development of Lightweight and High-Speed Robots Expands Addressable Market
- Increasing Focus on Worker Safety and Ergonomics Drives Adoption of Metal Fabrication Robots
FOCUS ON SELECT PLAYERS(Total 86 Featured)
- ABB Ltd.
- FANUC America Corporation
- KUKA AG
- DENSO Robotics
- Kawasaki Robotics (USA), Inc.
- Ying Han Technology Co., Ltd.
- Cadrex
- Staubli International AG
- Marlin Steel Wire Products
- CFR Group
- Chengdu Newker CNC-Technology Co., Ltd.
- Creative Metal Products Inc.
- Thieman Manufacturing Technologie
- Transduction
- ZFYL (Xiamen) M&E Technology Co., Ltd
For more information about this report visit https://www.researchandmarkets.com/r/xdv57w
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