Global Robotic Welding Market Size, Trends & Growth Opportunity, By Type (Arc Welding, Spot Welding, and Others), By End User (Automotive & Transportation, Metals, & Machinery, Electricals & Electronics, Aerospace & Defense and Others), By Region and Forecast from 2022-2027
Report ID : IR1001056 | Industries : Energy & Power | Published On :May 2024 | Page Count : 241
Global Robotic Welding Market Size, Trends & Growth Opportunity, By Type (Arc Welding, Spot Welding, and Others), By End User (Automotive & Transportation, Metals, & Machinery, Electricals & Electronics, Aerospace & Defense and Others), By Region and Forecast from 2022-2027
Global Robotic Welding Market
Global Robotic Welding Market was valued at USD 5.2 billion in 2021 which is projected to reach USD 11.7 billion by 2027 at a CAGR 5.68%.
Robotic welding is defined as an automated process that uses a motorized programmable device to create a complex material piece. Arc welding, spot welding, and resistance welding are all terms for this technology. Robotic welding provides numerous advantages, including increased productivity, flexibility, consistency, safety, quality, reduced consumables, and lower production costs.
Market Drivers
Adoption of welding robots to improve line productivity is expected to drive growth in the global robotic welding market. Furthermore, the increased use of robotic welding has reduced intensive labor injuries, improved speed and accuracy, and reduced costs, all of which will contribute positively to market growth during the forecast period. This technology improves the efficient use of working space and the performance of supply chains in end-use industries.
Also, increased investments and funding in various industries for robotic technology research and development has supported the global robotic welding market growth over the forecast period. With the help of innovative and advanced technologies, this technology can be customized to meet specific requirements such as cloud-based operation and remote monitoring with effective physical stature for improved compatibility with human workforce.
Market Restraints
The high installation costs for small and medium-sized manufacturing organizations are expected to stymie the growth of the global robotic welding market. Furthermore, the complex integration capabilities required for initial welding robot setup will have an impact on market growth.
Market Segmentation
Global Robotic Welding Market is segmented into type such as Arc Welding, Spot Welding, and Others. Further, market is categorized into end user such as Automotive & Transportation, Metals, & Machinery, Electricals & Electronics, Aerospace & Defense and Others.
Also, Global Robotic Welding Market is segmented five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report including ABB, Panasonic Corporation, Kuka, Fanuc Corporation, Yaskawa Electric Corporation, Kawasaki Heavy Industries, Ltd., Daihen Corporation, Denso Corporation, Nachi-Fujikoshi Corp, Comau S.P.A.,and IGM Robotic Systems, Inc
Market Taxonomy
By Type
• Arc Welding
• Spot Welding
• Others
By End User
• Automotive & Transportation
• Metals, & Machinery
• Electricals & Electronics
• Aerospace & Defense
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Robotic Welding Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Robotic Welding Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Robotic Welding Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Robotic Welding Market Share Analysis, By Type
5.3 Global Robotic Welding Market Size and Forecast, By Type
5.3.1 Arc Welding
5.3.2 Spot Welding
5.3.3 Others
6 Global Robotic Welding Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Robotic Welding Market Share Analysis, By Application
6.3 Global Robotic Welding Market Size and Forecast, By Application
6.3.1 Automotive & Transportation
6.3.2 Metals & Machinery
6.3.3 Electrical & Electronics
6.3.4 Aerospace & Defense
6.3.5 Others
7Global Robotic Welding Market, By Region
7.1 Global Robotic Welding Market Share Analysis, By Region
7.2 Global Robotic Welding Market Share Analysis, By Region
7.3 Global Robotic Welding Market Size and Forecast, By Region
8North America Robotic Welding Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Robotic Welding Market Share Analysis, By Type
8.3 North America Robotic Welding Market Size and Forecast, By Application
8.4 North America Robotic Welding Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe Robotic Welding Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Robotic Welding Market Share Analysis, By Type
9.3 Europe Robotic Welding Market Size and Forecast, By Application
9.4 Europe Robotic Welding Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Robotic Welding Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Robotic Welding Market Share Analysis, By Type
10.3 Asia Pacific Robotic Welding Market Size and Forecast, By Application
10.4 Asia Pacific Robotic Welding Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Robotic Welding Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Robotic Welding Market Share Analysis, By Type
11.3 Latin America Robotic Welding Market Size and Forecast, By Application
11.4 Latin America Robotic Welding Market Size and Forecast, By Country
12Middle East Robotic Welding Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Robotic Welding Market Share Analysis, By Type
12.3 Middle East Robotic Welding Market Size and Forecast, By Application
12.4 Middle East Robotic Welding Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 ABB
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Panasonic Corporation
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Kuka
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Fanuc Corporation
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Yaskawa Electric Corporation
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Kawasaki Heavy Industries, Ltd
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Daihen Corporation
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Denso Corporation
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Nachi-Fujikoshi Corp
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Comau S.P.A
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
14.11 IGM Robotic Systems, Inc
14.11.1 Overview
14.11.2 Offerings
14.11.3 Key Financials
14.11.4 Business Segment & Geographic Overview
14.11.5 Key Market Developments
14.11.6 Key Strategies