Automotive Body Welded Assembly Market Outlook – 2027
Rise in income of middle-class families and improved standards of living in developing and developed countries have increased the sales of passenger cars. With increase in sales of the automotive sector, the automotive body welded assembly market has proliferated. An automotive body welded assembly system consists of many individual subassemblies and sheet metal parts welded together. Automotive body welded assembly has a vital role to play in maintaining the composition of the framework in vehicle. Additionally, automotive body welded assembly provides support to driving performance of vehicle. Moreover, it provides safety to the passenger and driver in case of collision. Besides, the factor that drives body welded assembly is that the body welding assembly doesn’t loosen with time like joints.
COVID-19 scenario analysis:
- The COVID-19 has affected the already declining automotive industry to a greater extent.
- Majority of automotive OEMs would focus on consolidating capacities than expanding.
- The importance of hygiene in vehicle will intensify due to the pandemic and manufacturers has planning strategies accordingly.
- The body welded assembly market have faced many challenges with stoppage of automotive production. Revenue generation has stopped and restricted import & exports have disrupted supply chains.
- Automotive industry has witnessed zero-sales of vehicle for few months which was never seen before. Moreover, the pandemic would affect the automotive body welded assembly market significantly.
Top impacting factors: market scenario analysis, trends, drivers and impact analysis
The number of vehicles running on roads have increased significantly in past few years and the demand for automotive body welded assembly market will catalyze simultaneously. Passenger car segment is driving the growth of automotive body welded assembly market majorly. Additionally, the automotive body is not manufactured from single sheet of metal like it was in the past. Instead, the body parts are manufactured separately and laser welded together. This reduces the weight of the car and increases efficiency. Moreover, factors like efficiency, economical, and ease of manufacturing are driving the market of body welded assembly. However, the major problem occurred at assembly line during body welding is human errors due to lack of skills. This could hamper the market growth. Further, rise in expenditure on infrastructure by government and enhanced the standard of living along with technological advancements will support the growth in the coming years.
The Automotive Body Welded Assembly market trends are as follows:
Robotic automotive body welded assembly.
Increasing complexity of automotive parts and complex manufacturing process are handled with ease because of robots. Preserving high welding standards in every fabrication is possible due to the repeatable arc and speed gap of long robotic arms. Robotic body welders can position the torch in the exact same orientation on every cycle. Robotic body welders perform all the programmed welds with high precision. Moreover, robotic body is largely adopted by automakers due to its benefits over human errors.
Surge in sales of passenger cars.
With increase in globalization and rising disposable income in developing economies has increased the sales of passenger car segment. Additionally, with adoption of new technologies, the sales of passenger cars are rising. With rise in sales of passenger cars, the market of automotive body welded assembly is expected to increase.
Key benefits of the report:
- This study presents the analytical depiction of the automotive body welded assembly industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed automotive body welded assembly market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the automotive body welded assembly market research report:
- What are the leading market players active in the automotive body welded assembly market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
Automotive Body Welded Assembly Market Report Highlights
Aspects | Details |
By Type |
|
By Vehicle type |
|
By Sales channel |
|
By Region |
|
Key Market Players | Baylis Automotive, KTH Parts Industries, Orchid International, Dudek & Bock, Anchor Manufacturing, Futaba, Hormann, Daesan, HIT Automotive., Yokoyama |
Loading Table Of Content...