The robotic welding cell market in South & Central America is expected to grow from US$ 29.87 million in 2022 to US$ 32.63 million by 2028. It is estimated to grow at a CAGR of 1.5% from 2022 to 2028.
Raising Adoption of Laser and Plasma Welding Technologies
Collaborative robots or cobots are designed to safely work alongside humans in tedious, dull, and hazardous environments. Unlike traditional industrial robots working in fenced facilities to avoid proximity with humans, cobots operate in a shared workspace alongside human labor. Conventional industrial robots have long allowed manufacturers to take advantage of automation and compensate for labor shortages, but they are often designed to perform a specific task. Furthermore, they lack cognitive capabilities due to which humans need to reprogram their operations based on new circumstances. In contrast, cobots do not require heavy, pre-programmed actuators to drive them. Cobot’s movements are directed by computer-controlled operators, such as robotic arms, which humans monitor. Thus, cobots facilitate effective human-machine collaboration in the workplace. Cobots can be programmed to perform a wide range of tasks in a factory setting, such as handling materials, assembling items, palletizing, packaging, labeling, inspecting product quality, welding, press-fitting, driving screws and nuts, and tending machines. While cobots attend these mind-numbing tasks, human workers can focus on tasks that require skills and reasoning. These all advantages of cobots will propel the growth of the robotic welding cell market during the forecast period.
Market Overview
The robotic welding cell market in South & Central America is segmented into Brazil, Argentina, and the Rest of SAM. Despite many economic challenges, favorable government initiatives would support the growth of various regional economies during the forecast period. The region has the highest urbanization rate globally, mainly attributed to government initiatives encouraging the growth of the industrial and technology sectors. For instance, Argentina is concentrating on attracting FDIs by taking several initiatives, such as easing import restrictions, signing international bilateral agreements, and allowing foreign investments without any restrictions. The adoption of industrial robotics in countries in SAM is currently at a nascent stage. However, Brazil is experiencing higher adoption than other South America countries. The automotive sector of Brazil is witnessing the highest adoption of industrial robotics as the country comprises the manufacturing facilities of several automotive players.
South & Central America Robotic Welding Cell Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Robotic welding Cell Market Segmentation
The South & Central America robotic welding cell market is segmented into offering, cell type, end user, and country.
Based on offering, the market is segmented into solution and services. The solution segment registered the largest market share in 2022. Based on cell type, the market is categorized into pre-engineered cells and custom cells. The pre-engineering segment held the largest market share in 2022. Based on end user, the South & Central America robotic welding cell market is segmented into automotive, manufacturing, and aerospace and defense. The manufacturing segment held the largest market share in 2022. Based on country, the market is segmented into Brazil, Argentina, Rest of SAM. Brazil dominated the market share in 2022. ABB Ltd; The Lincoln Electric Company; Kuka AG; Kawasaki Heavy Industries, Ltd.; and WEC Group Ltd are the leading companies operating in the robotic welding cell market in the region.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Robotic Welding Cell Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. South & Central America Robotic Welding Cell Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Strengthening Adoption of Industry 4.0 Principles
5.1.2 Elevating Adoption of Welding Robots in Automotive Industries
5.2 Market Restraints
5.2.1 Fear of Job Loss Among Workforce due to Automation
5.3 Market Opportunities
5.3.1 Growing Adoption of Laser and Plasma Welding Technologies
5.4 Future Trends
5.4.1 Burgeoning Implementation of Collaborative Robots to Bridge Skill Gaps
5.5 Impact Analysis of Drivers and Restraints
6. South & Central America Robotic Welding Cell Market Analysis
6.1 South & Central America Robotic Welding Cell Market Overview
6.2 South & Central America Robotic Welding Cell Market Forecast and Analysis
7. South & Central America Robotic Welding Cell Market Analysis – By Offering
7.1 Overview
7.2 South & Central America Robotic Welding Cell, By Offering
7.3 Solution
7.3.1 Overview
7.3.2 Solution: Robotic Welding Cell Market Revenue and Forecast to 2028 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: Robotic Welding Cell Market Revenue and Forecast to 2028 (US$ Million)
8. South & Central America Robotic Welding Cell Market – by Cell Type
8.1 Overview
8.2 South & Central America Robotic Welding Cell, By Cell Type
8.3 Pre-Engineered Cells
8.3.1 Overview
8.3.2 Pre-Engineered Cells: Robotic Welding Cell Market Revenue and Forecast to 2028 (US$ Million)
8.4 Custom Cells
8.4.1 Overview
8.4.2 Custom Cells: Robotic Welding Cell Market Revenue and Forecast to 2028 (US$ Million)
9. South & Central America Robotic Welding Cell Market – End-User Industry
9.1 Overview
9.2 South & Central America Robotic Welding Cell, By End-User Industry
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive: Robotic Welding Cell Market Revenue and Forecast to 2028 (US$ Million)
9.4 Manufacturing
9.4.1 Overview
9.4.2 Manufacturing: Robotic Welding Cell Market Revenue and Forecast to 2028 (US$ Million)
9.5 Aerospace and Defense
9.5.1 Overview
9.5.2 Aerospace and Defense: Robotic Welding Cell Market Revenue and Forecast to 2028 (US$ Million)
10. South & Central America Robotic Welding Cell Market – Country Analysis
10.1 Overview
10.1.1 South & Central America: Robotic Welding Cell, by Key Country
10.1.1.1 Brazil: Robotic Welding Cell – Revenue, and Forecast to 2028 (US$ Million)
10.1.1.1.1 Brazil: Robotic Welding Cell, By Offering
10.1.1.1.2 Brazil: Robotic Welding Cell, By Cell Type
10.1.1.1.3 Brazil: Robotic Welding Cell, By End-User Industry
10.1.1.2 Argentina: Robotic Welding Cell – Revenue, and Forecast to 2028 (US$ Million)
10.1.1.2.1 Argentina: Robotic Welding Cell, By Offering
10.1.1.2.2 Argentina: Robotic Welding Cell, By Cell Type
10.1.1.2.3 Argentina: Robotic Welding Cell, By End-User Industry
10.1.1.3 Rest of SAM: Robotic Welding Cell – Revenue, and Forecast to 2028 (US$ Million)
10.1.1.3.1 Rest of SAM: Robotic Welding Cell, By Offering
10.1.1.3.2 Rest of SAM: Robotic Welding Cell, By Cell Type
10.1.1.3.3 Rest of SAM: Robotic Welding Cell, By End-User Industry
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 ABB Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 The Lincoln Electric Company
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Kuka AG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Kawasaki Heavy Industries, Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 WEC Group Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. South & Central America Robotic Welding Cell Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil: Robotic Welding Cell, By Offering –Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil: Robotic Welding Cell, By Cell Type –Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: Robotic Welding Cell, By End-User Industry –Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina: Robotic Welding Cell, By Offering –Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina: Robotic Welding Cell, By Cell Type –Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina: Robotic Welding Cell, By End-User Industry –Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of SAM: Robotic Welding Cell, By Offering –Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of SAM: Robotic Welding Cell, By Cell Type –Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of SAM: Robotic Welding Cell, By End-User Industry –Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. South & Central America Robotic Welding Cell Market Segmentation
Figure 2. South & Central America Robotic Welding Cell Market Segmentation – By Country
Figure 3. South & Central America Robotic Welding Cell Market Overview
Figure 4. Solution Segment held the Largest Share of Robotic Welding Cell Market
Figure 5. Brazil to Show Great Traction During Forecast Period
Figure 6. South & Central America – PEST Analysis
Figure 7. Ecosystem Analysis: South & Central America Robotic Welding Cell Market
Figure 8. Expert Opinion
Figure 9. South & Central America Robotic Welding Cell Market: Impact Analysis of Drivers and Restraints
Figure 10. South & Central America Robotic Welding Cell Market Forecast and Analysis (US$ Million)
Figure 11. South & Central America Robotic Welding Cell Revenue Share, By Offering (2021 and 2028)
Figure 12. Solution: Robotic Welding Cell Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Services: Robotic Welding Cell Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. South & Central America Robotic Welding Cell Revenue Share, By Cell Type (2021 and 2028)
Figure 15. Pre-Engineered Cells: Robotic Welding Cell Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Custom Cells: Robotic Welding Cell Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. South & Central America Robotic Welding Cell Revenue Share, By End-User Industry (2021 and 2028)
Figure 18. Automotive: Robotic Welding Cell Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Manufacturing: Robotic Welding Cell Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Aerospace and Defense: Robotic Welding Cell Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Geographic Analysis South & Central America Robotic Welding Cell Market
Figure 22. South & Central America: Robotic Welding Cell Revenue Share, by Key Country (2021 and 2028)
Figure 23. Brazil: Robotic Welding Cell – Revenue, and Forecast to 2028 (US$ Million)
Figure 24. Argentina: Robotic Welding Cell – Revenue, and Forecast to 2028 (US$ Million)
Figure 25. Rest of SAM: Robotic Welding Cell – Revenue, and Forecast to 2028 (US$ Million)
● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South & Central America robotic welding cell market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the South & Central America robotic welding cell market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the robotic welding cell market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The List of Companies – South & Central America Robotic Welding Cell Market
● ABB Ltd
● The Lincoln Electric Company
● Kuka AG
● Kawasaki Heavy Industries, Ltd.
● WEC Group Ltd
At 1.5% CAGR, the South & Central America Robotic Welding Cell Market is speculated to be worth US$ 32.63 million by 2028, says The Insight Partners
According to The Insight Partners’ research, the South & Central America robotic welding cell market was valued at US$ 29.87 million in 2022 and is expected to reach US$ 32.63 million by 2028, registering an annual growth rate of 1.5% from 2022 to 2028. Strengthening adoption of Industry 4.0 principles and burgeoning implementation of collaborative robots to bridge the skill gaps.
Industry 4.0 fully automates production processes with minimal to negligible human intervention. It works on the industrial internet of things (IIoT), cyber-physical systems, cloud robotics, cloud computing, and big data. As a result, welding robot manufacturers are moving to produce networked and intelligent robots compatible with Industry 4.0. Many end-use industries, such as automotive and transportation, metals and machinery, electrical and electronics, and aerospace and defense, have begun to implement Industry 4.0 concepts in their manufacturing processes to harness the advantages associated with it, including increased productivity, flexibility, and safety, better quality, decreased need for consumables, and reduced production costs. Smart factories are a key feature of Industry 4.0. A smart factory adopts a so-called calm system. A calm system can manage both the physical world and the virtual. Such systems are called background systems and work somewhat behind the scenes. A calm system is aware of its surrounding environment and the objects around it. It can also be provided with soft information related to generated objects, such as drawings and models. Smart Factory containing hundreds or even thousands of smart devices capable of self-optimizing production will result in virtually zero downtime in production. This is leading to significant growth of the robotic welding cell market.
On the contrary, fear of skill-force of loosing jobs due to automation.
Based on offering, the South & Central America robotic welding cell market is segmented into solution and services. The solution segment held 71.2% market share in 2022, amassing US$ 21.28 million. It is projected to garner US$ 23.69 million by 2028 to expand at 1.8% CAGR during 2022–2028. Based on cell type, the South & Central America robotic welding cell market is categorized into pre-engineered cells and custom cells. The pre-engineered cells segment held 59.9% market share in 2022, amassing US$ 17.91 million. It is projected to garner US$ 19.27 million by 2028 to expand at 1.2% CAGR during 2022–2028. Based on end user, the South & Central America robotic welding cell market is segmented into automotive, manufacturing, and aerospace and defense. The manufacturing segment held 54.4% market share in 2022, amassing US$ 16.27 million. It is projected to garner US$ 17.16 million by 2028 to expand at 0.9% CAGR during 2022–2028. Based on country, the South & Central America robotic welding cell market has been segmented into Brazil, Argentina, and Rest of SAM. Our regional analysis states that Brazil captured 71.2% market share in 2022. It was assessed at US$ 21.26 million in 2022 and is likely to hit US$ 23.53 million by 2028, exhibiting a CAGR of 1.7% during the forecast period. Key players dominating the South & Central America robotic welding cell market are ABB Ltd; The Lincoln Electric Company; Kuka AG; Kawasaki Heavy Industries, Ltd.; and WEC Group Ltd among others.
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