REPORT OUTLOOK
Market Size | CAGR | Dominating Region |
---|---|---|
USD 9.8 billion by 2029 | 8.5% | North America |
By Type Of Robot | By Application | By End-User | By Region |
---|---|---|---|
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SCOPE OF THE REPORT
Robotic Welding Market Overview
The robotic welding market is expected to grow at 8.5% CAGR from 2020 to 2029. It is expected to reach above USD 9.8 billion by 2029 from USD 4.7 billion in 2020.
Robotic welding is the process of using machines to carry out welding jobs across a variety of sectors. Depending on the requirements of the application, the robots can be programmed to execute various forms of welding, including arc welding, spot welding, laser welding, and others. Robotic welding has a number of benefits over conventional welding techniques, including higher productivity, more precision, and better-quality control.
ATTRIBUTE | DETAILS |
Study period | 2020-2029 |
Base year | 2021 |
Estimated year | 2022 |
Forecasted year | 2022-2029 |
Historical period | 2018-2020 |
Unit | Value (USD Billion) |
Segmentation | By Type Of Robot, By Application, By End-User, By Region |
By Type Of Robot
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By Application
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By End-User
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By Region
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Due to the need for high production volumes and top-notch welding, the automotive industry is the one that uses robotic welding equipment the most. Other industries, including aerospace, building, electronics, shipbuilding, rail, and energy, also use robotic welding systems. Due to the fact that welding activities can be carried out by robots in potentially dangerous locations, robotic welding also lowers the risk of worker injuries.
The growing demand for high-quality, effective, and accurate welding solutions across a variety of end-use sectors, including automotive, aerospace, construction, and electronics, is one of the key factors driving the robotic welding market. Compared to hand welding, robotic welding systems have many benefits, including higher productivity, better quality, and lower labor costs. Robotic welding technologies also increase job safety by lowering the possibility of mishaps and exposure to dangerous materials.
The development of intelligent, sophisticated robotic welding systems that can adapt to shifting welding conditions, carry out difficult welding jobs more quickly and accurately, and require less human involvement is a result of technical breakthroughs. Additionally, the growing popularity of Industry 4.0 and smart manufacturing has raised demand for robotic welding systems that can easily interact with other automated systems, resulting in higher industrial productivity and efficiency.
The robotic welding market presents significant opportunities for growth and innovation. With increasing demand for automation and precision welding across industries such as automotive, aerospace, and construction, there is a growing need for advanced robotic welding solutions. Additionally, emerging markets in Asia-Pacific, advancements in collaborative robotics, and the integration of artificial intelligence and machine learning in welding systems offer promising avenues for expansion and market penetration.
The significant upfront cost involved in setting up a robotic welding system is one of the major barriers to market growth for this technology. For small and medium-sized businesses, the cost of purchasing and installing the equipment can be prohibitive, so they can choose hand welding instead. The requirement for qualified operators to programme and control the robots is another barrier, which can potentially raise the implementation cost.
Robotic Welding Market Segment Analysis
The robotic welding market is segmented based on type of robot, application, end-user and region,
Based on the type of robot employed, the robotic welding market may be divided into segments such as articulated robots, Cartesian robots, SCARA robots, and collaborative robots. Due to their adaptability and simplicity, articulating robots are extensively employed, whereas Cartesian robots are best suited for high-precision welding applications. Small- to medium-sized component welding is frequently performed by SCARA robots, and collaborative robots are made to work with human operators.
Based on application, Arc welding, spot welding, laser welding, and other applications can be used to segment the robotic welding industry. In contrast to spot welding, which is frequently utilized in the automotive industry, arc welding is widely used in the building and industrial sectors. The electronics and aerospace sectors use laser welding, a high-precision method.
Based on end-user, the robotic welding market can be segmented based on end-user industry, such as automotive, aerospace, construction, electronics, and others. Automotive industry is the largest user of robotic welding systems, followed by aerospace for high-precision welding. Other industries include construction, electronics, and more.
Robotic Welding Market Players
The articulated robot market key ABB Robotics, Fanuc Corporation, KUKA Robotics, Yaskawa Electric Corporation, Kawasaki Robotics, Panasonic Corporation, Denso Corporation, Hyundai Robotics, Universal Robots A/S, Aurotek Corporation.
06-06-2022: – Realtime Robotics announced on an unspecified date in the past that it had teamed up with Kawasaki Robotics Inc. to automate the programming, deployment, and control of its industrial robots. As per the collaboration, Realtime Robotics’ autonomous motion planning technology was integrated with Kawasaki’s robots to simplify and accelerate the deployment of automation applications.
07-09-2022: – The KR SCARA series is being expanded by seven new versions in the payload class up to 12 kilograms. Many industries are waiting for the high-performance newcomers. The success of electromobility and the promotion of renewable energies have recently boosted the demand for Scara robots in higher payload classes with more reach. To meet this demand, KUKA developed four standard and three cleanroom versions of the KR SCARA that can move up to 12 kilograms.
Who Should Buy? Or Key stakeholders
- Commercial
- Government
- Automotive
- Business service
- Investors
- Information and Technology
- Others
Robotic Welding Market Regional Analysis
The Robotic Welding market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
The North America region dominated the robotic welding market by accounting for over 31% of the market share. Due to the rising need for high-quality welding and the increasing adoption of automation in manufacturing processes, the North American robotic welding market is anticipated to experience substantial expansion. The major end-user of robotic welding systems in the area is the automobile sector, followed by the aerospace and construction sectors. The main drivers of market expansion in North America are the United States, Canada, and Mexico. The growth of the robotic welding market in North America is also being fueled by the availability of cutting-edge welding technologies and the presence of significant industry players in the area.
The Asia-Pacific robotic welding market is expected to witness significant growth due to the increasing adoption of industrial automation and advanced manufacturing technologies in countries such as China, Japan, and South Korea. The growing automotive and aerospace industries, along with the increasing demand for cost-effective and efficient welding solutions, are driving the growth of the robotic welding market in the region.
Key Market Segments: Robotic Welding Market
Robotic Welding Market by Type Of Robot, 2020-2029, (USD Billion)
- Articulated Robots
- Cartesian Robots
- Scara Robots
- Collaborative Robots
Robotic Welding Market by Application, 2020-2029, (USD Billion)
- Arc Welding
- Spot Welding
- Laser Welding
Robotic Welding Market by End-User, 2020-2029, (USD Billion)
- Automotive
- Aerospace
- Construction
- Electronics
- Mining
Robotic Welding Market by Region, 2020-2029, (USD Billion)
- North America
- Asia Pacific
- Europe
- South America
- Middle East and Africa
Important Countries in All Regions Are Covered.
Exactitude Consultancy Services Key Objectives:
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the robotic welding market over the next 7 years?
- Who are the major players in the robotic welding market and what is their market share?
- What are the types of industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, And Africa?
- How is the economic environment affecting the robotic welding market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the robotic welding market?
- What is the current and forecasted size and growth rate of the global robotic welding market?
- What are the key drivers of growth in the robotic welding market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the robotic welding market?
- What are the technological advancements and innovations in the robotic welding market and their impact on type of robot development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the robotic welding market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the robotic welding market?
- What are the service offerings and specifications of leading players in the market?
- What is the pricing trend of robotic welding in the market and what is the impact of raw process prices on the price trend?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL ROBOTIC WELDING OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON ROBOTIC WELDING MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL ROBOTIC WELDING OUTLOOK
- GLOBAL ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
- ARTICULATED ROBOTS
- CARTESIAN ROBOTS
- SCARA ROBOTS
- COLLABORATIVE ROBOTS
- GLOBAL ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
- ARC WELDING
- SPOT WELDING
- LASER WELDING
- GLOBAL ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
- AUTOMOTIVE
- AEROSPACE
- CONSTRUCTION
- ELECTRONICS
- MINING
- GLOBAL ROBOTIC WELDING MARKET BY REGION (USD BILLION) 2020-2029
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES*(BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- ABB ROBOTICS
- KUKA ROBOTICS
- YASKAWA ELECTRIC CORPORATION
- KAWASAKI ROBOTICS
- PANASONIC CORPORATION
- DENSO CORPORATION
- HYUNDAI ROBOTICS
- UNIVERSAL ROBOTS A/S
- AUROTEK CORPORATION
- COMAU SPA
- FANUC CORPORATION
*THE COMPANY LIST IS INDICATIVEÂ
LIST OF TABLES
TABLE 1 GLOBAL ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 2 GLOBAL ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 3 GLOBAL ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 4 GLOBAL ROBOTIC WELDING MARKET BY REGION (USD BILLION) 2020-2029
TABLE 5 NORTH AMERICA ROBOTIC WELDING MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 6 NORTH AMERICA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 7 NORTH AMERICA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 8 NORTH AMERICA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 9 US ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 10 US ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 11 US ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 12 CANADA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 13 CANADA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 14 CANADA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 15 MEXICO ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 16 MEXICO ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 17 MEXICO ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 18 SOUTH AMERICA ROBOTIC WELDING MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 19 SOUTH AMERICA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 20 SOUTH AMERICA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 21 SOUTH AMERICA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 22 BRAZIL ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 23 BRAZIL ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 24 BRAZIL ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 25 ARGENTINA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 26 ARGENTINA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 27 ARGENTINA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 28 COLOMBIA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 29 COLOMBIA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 30 COLOMBIA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 31 REST OF SOUTH AMERICA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 32 REST OF SOUTH AMERICA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 33 REST OF SOUTH AMERICA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 34 ASIA-PACIFIC ROBOTIC WELDING MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 35 ASIA-PACIFIC ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 36 ASIA-PACIFIC ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 37 ASIA-PACIFIC ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 38 INDIA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 39 INDIA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 40 INDIA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 41 CHINA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 42 CHINA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 43 CHINA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 44 JAPAN ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 45 JAPAN ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 46 JAPAN ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 47 SOUTH KOREA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 48 SOUTH KOREA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 49 SOUTH KOREA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 50 AUSTRALIA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 51 AUSTRALIA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 52 AUSTRALIA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 53 SOUTH-EAST ASIA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 54 SOUTH-EAST ASIA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 55 SOUTH-EAST ASIA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 56 REST OF ASIA PACIFIC ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 57 REST OF ASIA PACIFIC ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 58 REST OF ASIA PACIFIC ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 59 EUROPE ROBOTIC WELDING MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 60 EUROPE ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 61 EUROPE ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 62 EUROPE ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 63 GERMANY ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 64 GERMANY ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 65 GERMANY ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 66 UK ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 67 UK ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 68 UK ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 69 FRANCE ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 70 FRANCE ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 71 FRANCE ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 72 ITALY ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 73 ITALY ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 74 ITALY ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 75 SPAIN ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 76 SPAIN ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 77 SPAIN ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 78 RUSSIA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 79 RUSSIA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 80 RUSSIA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 81 REST OF EUROPE ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 82 REST OF EUROPE ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 83 REST OF EUROPE ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 84 MIDDLE EAST AND AFRICA ROBOTIC WELDING MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 85 MIDDLE EAST AND AFRICA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 86 MIDDLE EAST AND AFRICA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 87 MIDDLE EAST AND AFRICA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 88 UAE ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 89 UAE ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 90 UAE ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 91 SAUDI ARABIA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 92 SAUDI ARABIA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 93 SAUDI ARABIA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 94 SOUTH AFRICA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 95 SOUTH AFRICA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 96 SOUTH AFRICA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 97 REST OF MIDDLE EAST AND AFRICA ROBOTIC WELDING MARKET BY TYPE OF ROBOT (USD BILLION) 2020-2029
TABLE 98 REST OF MIDDLE EAST AND AFRICA ROBOTIC WELDING MARKET BY END-USER (USD BILLION) 2020-2029
TABLE 99 REST OF MIDDLE EAST AND AFRICA ROBOTIC WELDING MARKET BY APPLICATION (USD BILLION) 2020-2029
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL ROBOTIC WELDING MARKET BY TYPE OF ROBOT, USD BILLION, 2020-2029
FIGURE 9 GLOBAL ROBOTIC WELDING MARKET BY APPLICATION, USD BILLION, 2020-2029
FIGURE 10 GLOBAL ROBOTIC WELDING MARKET BY END-USER, USD BILLION, 2020-2029
FIGURE 11 GLOBAL ROBOTIC WELDING MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 12 GLOBAL ROBOTIC WELDING MARKET BY TYPE OF ROBOT, USD BILLION, 2021
FIGURE 13 GLOBAL ROBOTIC WELDING MARKET BY APPLICATION, USD BILLION, 2021
FIGURE 14 GLOBAL ROBOTIC WELDING MARKET BY END-USER, USD BILLION, 2021
FIGURE 15 GLOBAL ROBOTIC WELDING MARKET BY REGION, USD BILLION, 2021
FIGURE 16 PORTER’S FIVE FORCES MODEL
FIGURE 17 MARKET SHARE ANALYSIS
FIGURE 18 ABB ROBOTICS: COMPANY SNAPSHOT
FIGURE 19 KUKA ROBOTICS: COMPANY SNAPSHOT
FIGURE 20 YASKAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT
FIGURE 21 KAWASAKI ROBOTICS: COMPANY SNAPSHOT
FIGURE 22 PANASONIC CORPORATION: COMPANY SNAPSHOT
FIGURE 23 DENSO CORPRATION: COMPANY SNAPSHOT
FIGURE 24 HYUNDAI ROBOITCS: COMPANY SNAPSHOT
FIGURE 25 UNIVERSAL ROBOTS A/S: COMPANY SNAPSHOT
FIGURE 26 AUROTEK CORPORATION: COMPANY SNAPSHOT
FIGURE 27 T2 FANUC CORPORATION: COMPANY SNAPSHOT
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FAQ
The robotic welding market is expected to grow at 8.5% CAGR from 2020 to 2029. It is expected to reach above USD 9.8 billion by 2029 from USD 4.7 billion in 2020.
North America held more than 31% of the robotic welding market revenue share in 2021 and will witness expansion in the forecast period.
The growing demand for high-quality, effective, and accurate welding solutions across a variety of end-use sectors, including automotive, aerospace, construction, and electronics, is one of the key factors driving the robotic welding market. Compared to hand welding, robotic welding systems have many benefits, including higher productivity, better quality, and lower labor costs.
Based on the type of robot employed, the robotic welding market may be divided into segments such as articulated robots, Cartesian robots, SCARA robots, and collaborative robots. Due to their adaptability and simplicity, articulating robots are extensively employed, whereas Cartesian robots are best suited for high-precision welding applications. Small- to medium-sized component welding is frequently performed by SCARA robots, and collaborative robots are made to work with human operators.
The North America region dominated the robotic welding market by accounting for over 31% of the market share. Due to the rising need for high-quality welding and the increasing adoption of automation in manufacturing processes, the North American robotic welding market is anticipated to experience substantial expansion.
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