South America Robotic Welding Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Spot Welding, Arc Welding, and Others), Payload (Less than 50kg, 50-150kg, and More than 150kg), and End-User (Automotive and Transportation, Electrical

South America Robotic Welding Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Spot Welding, Arc Welding, and Others), Payload (Less than 50kg, 50-150kg, and More than 150kg), and End-User (Automotive and Transportation, Electrical and Electronics, Metal and Machinery, Construction, and Others) 

The robotic welding market in South America is expected to grow from US$ 20.23 million in 2021 to US$ 36.21 million by 2028; it is estimated to grow at a CAGR of 8.7% from 2021 to 2028.

Increasing demand for cars across Europe puts pressure on the transportation industry & automotive sector to raise production. More production will require investing in machinery, such as robotic welding arms, that increases the speed and accuracy of the vehicle-building process. Hence, the increasing vehicle demand in emerging economies and the growing emphasis of governments to propel electric vehicle (EV) are expected to drive the adoption of robotics welding. Furthermore, the increasing strategic initiatives by the market players toward the automotive industry will increase the demand for robotic welding, which is further anticipated to drive the robotic welding market in South America.

Brazil has the highest number of COVID-19 cases, followed by Ecuador, Peru, Chile, and Argentina. The containment measures implemented by the governments affected all economic and manufacturing activities in South America. Various manufacturing operations were delayed or discontinued in 2020. The adoption of industrial robotics, including robotic welding, was marginally affected by the COVID-19 pandemic, as the deployment of robotics decreased by 17% in 2020. However, due to containment measures imposed by governments and the need to meet delivery stipulations, manufacturers have started to showcase a positive outlook toward the adoption of automated technology, including robotic welding, from Q4 of 2020. This has positively influenced the growth of the robotic welding market in South America.

South America Robotic Welding Market Revenue and Forecast to 2028 (US$ Million)

South America Robotic Welding Market Segmentation

South America Robotic Welding Market - By Type

Spot Welding Arc Welding Others South America Robotic Welding Market - By Payload

Less than 50 Kg 50 KG -150 Kg More than 150 Kg South America Robotic Welding Market - By End-User

Automotive & Transportation Electrical & Electronics Metals & Machinery Construction Others South America Robotic Welding Market- By Country

Brazil The Rest of South America South America Robotic Welding Market-Companies Mentioned

ABB Fanuc Corporation Kawasaki Heavy Industries, Ltd. Kuka AG NACHI FUJIKOSHI CORP Panasonic Corporation Yaskawa Electric Corporation

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