Global Robotic Welding Market Reaches $10.78 Billion by 2026, Driven by Automation and Industry 4.0 Trends
[Market Values]
- Robotic Welding Market was valued US$ 5.05 Bn in 2021 and is expected to reach US$ 10.10 Bn by 2029, at a CAGR of 9.05 % during a forecast period.
[Report Scope]
The report provides a comprehensive overview of the global robotic welding market, including market size, growth trends, segmentation, competitive landscape, and key drivers and restraints. The report also includes detailed regional insights for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Report Segments:
By Type
• Arc Welding
• Spot Welding
• Others
By End User
•Automotive & Transportation
• Electricals & Electronics
• Aerospace & Defense
• Metals & Machinery
• Others
By Payload
• <50 kg
• 50–150 kg
• >150 kg
[Research Methodology]
The report is based on extensive primary and secondary research. Primary research included interviews with industry experts, market participants, and analysts. Secondary research included analysis of published reports, industry data, and government statistics.
[Drivers]
The growth of the robotic welding market is driven by a number of factors, including:
- Increasing adoption of automation in manufacturing industries
- Rising demand for high-precision and consistent welding processes
- Growing adoption of Industry 4.0 principles
- Shortage of skilled welding labor
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[Restraints]
The robotic welding market is also subject to a number of restraints, including:
- High initial investment cost of robotic welding systems
- Integration challenges with existing manufacturing processes
- Lack of expertise in operating and maintaining robotic welding systems
[Regional Insights]
North America is the largest market for robotic welding, followed by Europe. Asia Pacific is the fastest-growing market, driven by the expansion of manufacturing industries in the region. Latin America and Middle East & Africa are expected to see significant growth in the coming years, as industries in these regions adopt automation technologies.
[Key Players]
The major players in the global robotic welding market include ABB, Ltd., DAIHEN Corporation, Denso Corporation, Fanuc Corporation, Kawasaki Heavy Industries, Ltd., KUKA AG, Nachi-Fujikoshi Corp., Panasonic Corporation, Siasun Robot & Automation Co Ltd., and Yaskawa Electric Corporation.
• Daihen Corporation
• Denso Corporation
• ABB, Ltd
• Yaskawa Electric Corporation
• Panasonic Corporation
• KUKA AG
• Fanuc Corporation
• Siasun Robot & Automation Co Ltd
• Comau S.P.A.
• IGM Robotic Systems, Inc.
• Carl Cloos Schweisstechnik GmbH
• Hyundai Robotics
• Welding Engineering 101
• Lincoln Electric
• AFFORDABLE ROBOTIC AND AUTOMATION PVT. LTD.
• BTD Manufacturing
[Industry Outlook]
The robotic welding market is expected to continue to grow in the coming years, driven by the increasing adoption of automation and the growing demand for high-precision welding processes. The adoption of Industry 4.0 principles is also expected to drive the growth of the market, as these principles promote the integration of robotic welding systems with other manufacturing technologies.
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