South & Central America Robotic Welding Cell Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Offering (Solution and Services), Cell Type (Pre-Engineered Cells and Custom Cells), and End-user Industry (Automotive, Manufacturing, Aerospace and Defense)
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.
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